Nighthawk Gold Future Growth

Future criteria checks 0/6

Nighthawk Gold is forecast to grow revenue at 69.2% per annum.

Key information

n/a

Earnings growth rate

n/a

EPS growth rate

Metals and Mining earnings growth	34.3%
Revenue growth rate	69.2%
Future return on equity	n/a
Analyst coverage	Low
Last updated	06 Feb 2024

Recent future growth updates

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

Earnings and Revenue Growth Forecasts

TSX:NHK - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	N/A	N/A	-36	-36	1
12/31/2025	N/A	N/A	-36	N/A	1
9/30/2023	N/A	-15	-20	-20	N/A
6/30/2023	N/A	-21	-24	-24	N/A
3/31/2023	N/A	-23	-27	-26	N/A
12/31/2022	N/A	-22	-24	-24	N/A
9/30/2022	N/A	-23	-28	-28	N/A
6/30/2022	N/A	-28	-35	-35	N/A
3/31/2022	N/A	-29	-34	-34	N/A
12/31/2021	N/A	-29	-35	-35	N/A
9/30/2021	N/A	-29	-31	-31	N/A
6/30/2021	N/A	-22	-20	-19	N/A
3/31/2021	N/A	-13	-14	-14	N/A
12/31/2020	N/A	-13	-13	-13	N/A
9/30/2020	N/A	-23	-11	-24	N/A
6/30/2020	N/A	-19	-14	-21	N/A
3/31/2020	N/A	-20	-18	-19	N/A
12/31/2019	N/A	-17	-17	-16	N/A
9/30/2019	N/A	-2	-17	-2	N/A
6/30/2019	N/A	-3	-14	-1	N/A
3/31/2019	N/A	-2	-15	-1	N/A
12/31/2018	N/A	-2	-15	-1	N/A
9/30/2018	N/A	-3	-14	0	N/A
6/30/2018	N/A	0	-15	-2	N/A
3/31/2018	N/A	0	-13	-1	N/A
12/31/2017	N/A	-3	-12	-2	N/A
9/30/2017	N/A	3	-16	-4	N/A
6/30/2017	N/A	2	N/A	-2	N/A
3/31/2017	N/A	-3	N/A	-3	N/A
12/31/2016	N/A	-1	N/A	-4	N/A
10/31/2016	N/A	-9	N/A	-2	N/A
7/31/2016	N/A	-9	N/A	0	N/A
4/30/2016	N/A	-2	N/A	-1	N/A
1/31/2016	N/A	-2	N/A	0	N/A
10/31/2015	N/A	-3	N/A	-1	N/A
7/31/2015	N/A	-3	N/A	-2	N/A
4/30/2015	N/A	-1	N/A	-1	N/A
1/31/2015	N/A	-1	N/A	-1	N/A
10/31/2014	N/A	0	N/A	0	N/A
7/31/2014	N/A	0	N/A	0	N/A
4/30/2014	N/A	-2	N/A	-1	N/A
1/31/2014	N/A	-2	N/A	-1	N/A
10/31/2013	N/A	-2	N/A	-1	N/A
7/31/2013	N/A	-2	N/A	-2	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if NHK's forecast earnings growth is above the savings rate (1.9%).

Earnings vs Market: Insufficient data to determine if NHK's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if NHK's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: NHK is forecast to have no revenue next year.

High Growth Revenue: NHK is forecast to have no revenue next year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if NHK's Return on Equity is forecast to be high in 3 years time

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/02/07 07:10
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.

Nighthawk Gold Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

Price target increased by 27% to CA$2.25

Price target decreased to CA$2.12

Price target decreased to CA$2.15

Price target decreased to CA$2.65

Price target decreased to CA$2.65

Price target lowered to CA$3.12

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

President & CEO recently bought CA$140k worth of stock

Nighthawk Gold Appoints Richard Roy as Vice President of Exploration

New 90-day high: CA$1.43

Nighthawk Gold Corp. Reports Assay Results Completes at Zones 2.0 and 2.5 of the Colomac Main Sill, Part of the Colomac Gold Project Centrally Located Within its Indin Lake Gold Property, Northwest Territories, Canada

Nighthawk Gold Corp. Appoints Keyvan Salehi as President, Effective January 1St, 2021

Price target lowered to CA$3.12

Nighthawk Intersects 141.80 Metres of 2.11 gpt Au Including 31.05 Metres of 4.06 gpt Au

New 90-day low: CA$1.20

Here's Why We're Watching Nighthawk Gold's (TSE:NHK) Cash Burn Situation

New 90-day low: CA$1.23