NHK Stock Overview

Nighthawk Gold Corp. operates as a gold exploration company in Canada. More details

NHK fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 98.2% below our estimate of its fair value

Risk Analysis

Earnings have declined by 26.1% per year over past 5 years

Makes less than USD$1m in revenue (CA$0)

Does not have a meaningful market cap (CA$38M)

Shareholders have been diluted in the past year

My Notes

Capture your thoughts, links and company narrative

Nighthawk Gold Corp. Competitors

GFG Resources

TSXV:GFG

CA$41.9m

Vanstar Mining Resources

TSXV:VSR

CA$39.1m

Cabral Gold

TSXV:CBR

CA$47.7m

TriStar Gold

TSXV:TSG

CA$37.8m

Price History & Performance

Summary of share price highs, lows and changes for Nighthawk Gold
Historical stock prices
Current Share Price	CA$0.26
52 Week High	CA$0.74
52 Week Low	CA$0.25
Beta	1.4
1 Month Change	-12.07%
3 Month Change	-32.89%
1 Year Change	-39.29%
3 Year Change	-78.21%
5 Year Change	-86.40%
Change since IPO	-95.92%

Recent updates

Is Nighthawk Gold (TSE:NHK) In A Good Position To Invest In Growth?

Apr 04

Here's Why We're A Bit Worried About Nighthawk Gold's (TSE:NHK) Cash Burn Situation

Dec 05

Here's Why We're A Bit Worried About Nighthawk Gold's (TSE:NHK) Cash Burn Situation

Aug 21

Shareholder Returns

	NHK	CA Metals and Mining	CA Market
7D	-5.6%	2.4%	1.2%
1Y	-39.3%	23.8%	16.9%

Return vs Industry: NHK underperformed the Canadian Metals and Mining industry which returned -15.5% over the past year.

Return vs Market: NHK underperformed the Canadian Market which returned -1.2% over the past year.

Price Volatility

Is NHK's price volatile compared to industry and market?
NHK volatility
NHK Average Weekly Movement	6.8%
Metals and Mining Industry Average Movement	10.4%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.8%
10% least volatile stocks in CA Market	2.9%

Stable Share Price: NHK's share price has been volatile over the past 3 months.

Volatility Over Time: NHK's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2004	n/a	Keyvan Salehi	www.nighthawkgold.com

Nighthawk Gold Corp. operates as a gold exploration company in Canada. It owns a 100% interest in the Indin Lake Gold property that covering an area of 229,791 acres located in the Northwest Territories. The company was formerly known as Merc International Minerals Inc. and changed its name to Nighthawk Gold Corp. in April 2012.

Nighthawk Gold Corp. Fundamentals Summary

How do Nighthawk Gold's earnings and revenue compare to its market cap?
NHK fundamental statistics
Market cap	CA$38.24m
Earnings (TTM)	-CA$14.85m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-2.6x

P/E Ratio

Is NHK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NHK income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$14.85m
Earnings	-CA$14.85m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.099
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did NHK perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/02/07 19:44
End of Day Share Price	2024/02/06 00:00
Earnings	2023/09/30
Annual Earnings	2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Nighthawk Gold Corp. is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Kerry Smith	Haywood Securities Inc.
Geordie Mark	Haywood Securities Inc.
Michael Carew	Haywood Securities Inc.

NHK Stock Overview

Rewards

Risk Analysis

Nighthawk Gold Corp. Competitors

TSXV:GFG

CA$41.9m

TSXV:VSR

CA$39.1m

TSXV:CBR

CA$47.7m

TSXV:TSG

CA$37.8m

Price History & Performance

Recent News & Updates

Nighthawk Gold Corp. Common Shares to Be Deleted from OTC Equity

Moneta Gold Inc. (TSX:ME) completed the acquisition of Nighthawk Gold Corp. (TSX:NHK) from O3 Mining Inc., The K2 Principal Fund L.P., a fund managed by K2 & Associates Investment Management Inc. and others.

Nighthawk Gold Corp. announced that it has received CAD 13 million in funding

Moneta Gold Inc. (TSX:ME) entered into an arrangement agreement to acquire Nighthawk Gold Corp. (TSX:NHK) from O3 Mining Inc., The K2 Principal Fund L.P., a fund managed by K2 & Associates Investment Management Inc. and others for CAD 56.2 million.

New major risk - Financial position

Nighthawk Gold Corp. Reports Significant Drill Assay Results from the 24/27 Deposit Located in the Colomac Centre Area and Approximately 2 Kilometres East of the Colomac Main Deposit

Recent updates

Nighthawk Gold Corp. Common Shares to Be Deleted from OTC Equity

Moneta Gold Inc. (TSX:ME) completed the acquisition of Nighthawk Gold Corp. (TSX:NHK) from O3 Mining Inc., The K2 Principal Fund L.P., a fund managed by K2 & Associates Investment Management Inc. and others.

Nighthawk Gold Corp. announced that it has received CAD 13 million in funding

Moneta Gold Inc. (TSX:ME) entered into an arrangement agreement to acquire Nighthawk Gold Corp. (TSX:NHK) from O3 Mining Inc., The K2 Principal Fund L.P., a fund managed by K2 & Associates Investment Management Inc. and others for CAD 56.2 million.

New major risk - Financial position

Nighthawk Gold Corp. Reports Significant Drill Assay Results from the 24/27 Deposit Located in the Colomac Centre Area and Approximately 2 Kilometres East of the Colomac Main Deposit

Nighthawk Gold Intersects 4 Ounces Per Tonne (125.00 g/t Au) over 0.50 Metres at the Cass Deposit

New minor risk - Shareholder dilution

Nighthawk Gold Corp. announced that it has received CAD 11.31808 million in funding

Nighthawk Gold Corp. announced that it expects to receive CAD 10.595 million in funding

President recently bought CA$91k worth of stock

Price target increased by 27% to CA$2.25

Is Nighthawk Gold (TSE:NHK) In A Good Position To Invest In Growth?

President recently bought CA$81k worth of stock

Nighthawk Gold Corp. Updates Mineral Resource Estimate Demonstrates Significant Boost to the Global and Open-Pit Mineral Resources

Insider recently bought CA$52k worth of stock

Nighthawk Gold Corp. Announces Executive Changes

Here's Why We're A Bit Worried About Nighthawk Gold's (TSE:NHK) Cash Burn Situation

Nighthawk Gold Corp. Reports 916.00 G/T Au over 0.50 M (With 232.18 G/T over 2.00 M) At the Cass Deposit

High number of new directors

Nighthawk Gold Reports 217.00 G/T Au over 0.50 M (With 7.30 G/T Au over 17.65 M) At the Kim Deposit

Nighthawk Gold Reports 2.09 G/T Au over 92.0 M and 2.72 G/T Au over 34.50 M from the Colomac Main Deposit

Nighthawk Gold Corp. Reports Additional Drill Assay Results from the Colomac Main Deposit

Nighthawk Gold Corp. Reports 2.91 g/t Au over 54.35 metres at the 24/27 Deposit and 3.02 g/t Au over 20.25 metres at the Grizzly Bear Deposit within the Colomac Centre Area

Nighthawk Gold Completes 2022 Exploration Program Drilling Ahead of Schedule

Here's Why We're A Bit Worried About Nighthawk Gold's (TSE:NHK) Cash Burn Situation

Nighthawk Gold Corp. Reports Initial Drill Assay Results from Its 2022 Exploration Program, with Encouraging Results from Its 24 and 27 Deposits Located in the Colomac Centre Area on Its Property in the Northwest Territories, Canada

Nighthawk Gold Reports 1.91 g/t Au Over 60.95 Metres From the 2022 Exploration Program Initial Drill Assay Results

Price target decreased to CA$2.12

President recently bought CA$56k worth of stock

Nighthawk Gold Corp. Announces Its 2 Year Exploration Program At Its District Scale Land Package

Nighthawk Gold Corp. has completed a Composite Units Offering in the amount of CAD 29.362765 million.

Nighthawk Gold Corp. has completed a Composite Units Offering in the amount of CAD 29.362765 million.

High number of new directors

Nighthawk Gold Reports Substantial Expansion of 121% in the Indicated Category

High number of new directors

Nighthawk Gold Corp. Reports Final Phase II 2021 Drill Results from the Grizzly Bear, 24 and Colomac Main Deposits

Price target decreased to CA$2.15

Nighthawk Gold Corp. Reports Assay Results Cass Zone and Kim Zone

President recently bought CA$52k worth of stock

Nighthawk Gold Corp. announced that it has received CAD 5.63 million in funding

Price target decreased to CA$2.65

We're A Little Worried About Nighthawk Gold's (TSE:NHK) Cash Burn Rate

Nighthawk Gold Corp. Reports Assay Results for Seventeen Drillholes Completed on the 24/27 Deposits

Price target decreased to CA$2.65

Nighthawk Gold Corp. Reports High-Grade Mineralization from Initial Drilling at Cass

Nighthawk Reports Drill Results from Its Phase I 2021 Exploration Program At Colomac and Goldcrest

President recently bought CA$86k worth of stock

Independent Director Luc Lessard has left the company

President, CEO, Chief Geologist & Director Michael Byron has left the company

Nighthawk Reports Initial Drill Results from its Phase I 2021 Exploration Program at Grizzly Bear

Nighthawk Gold Corp. Receives Permits to Commence Drilling at the Cass Zone, Part of the Recently Optioned Kim & Cass Property

Nighthawk Gold Corp. announced that it has received CAD 10.9465 million in funding

Nighthawk Gold Corp. announced that it expects to receive CAD 10.9465 million in funding

Nighthawk Provides Update on the Tlich Highway Project

We Think Nighthawk Gold (TSE:NHK) Needs To Drive Business Growth Carefully

New 90-day low: CA$1.12

Nighthawk Gold Corp. Reports Treasure Island Drill Results, Intersecting Elevated Grades

New 90-day low: CA$1.19