TSXV:NCX

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NorthIsle Copper and Gold

Executive Summary

NorthIsle Copper and Gold Inc., a junior resource company, engages in the exploration and development of mineral properties in Canada. More Details


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

How has NorthIsle Copper and Gold's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: NCX is more volatile than 90% of Canadian stocks over the past 3 months, typically moving +/- 19% a week.

Volatility Over Time: NCX's weekly volatility has decreased from 30% to 19% over the past year, but is still higher than 75% of Canadian stocks.


Market Performance


7 Day Return

35.0%

NCX

2.9%

CA Metals and Mining

0.8%

CA Market


1 Year Return

500.0%

NCX

40.2%

CA Metals and Mining

2.0%

CA Market

Return vs Industry: NCX exceeded the Canadian Metals and Mining industry which returned 40.2% over the past year.

Return vs Market: NCX exceeded the Canadian Market which returned 2% over the past year.


Shareholder returns

NCXIndustryMarket
7 Day35.0%2.9%0.8%
30 Day50.0%-3.6%10.5%
90 Day107.7%-8.4%9.7%
1 Year500.0%500.0%41.3%40.2%5.7%2.0%
3 Year170.0%170.0%49.6%46.4%13.9%2.9%
5 Year1,700.0%1,700.0%147.3%139.7%58.5%34.3%

Long-Term Price Volatility Vs. Market

How volatile is NorthIsle Copper and Gold's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is NorthIsle Copper and Gold undervalued compared to its fair value and its price relative to the market?

3.25x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate NCX's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate NCX's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: NCX is unprofitable, so we can't compare its PE Ratio to the CA Metals and Mining industry average.

PE vs Market: NCX is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate NCX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: NCX is overvalued based on its PB Ratio (3.2x) compared to the CA Metals and Mining industry average (2.8x).


Next Steps

Future Growth

How is NorthIsle Copper and Gold forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

28.4%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as NorthIsle Copper and Gold has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has NorthIsle Copper and Gold performed over the past 5 years?

10.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NCX is currently unprofitable.

Growing Profit Margin: NCX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NCX is unprofitable, but has reduced losses over the past 5 years at a rate of 10.6% per year.

Accelerating Growth: Unable to compare NCX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NCX is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (84.8%).


Return on Equity

High ROE: NCX has a negative Return on Equity (-3.14%), as it is currently unprofitable.


Next Steps

Financial Health

How is NorthIsle Copper and Gold's financial position?


Financial Position Analysis

Short Term Liabilities: NCX's short term assets (CA$196.8K) exceed its short term liabilities (CA$109.9K).

Long Term Liabilities: NCX has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: NCX is debt free.

Reducing Debt: NCX had no debt 5 years ago.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: NCX has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: NCX is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.


Next Steps

Dividend

What is NorthIsle Copper and Gold current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate NCX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate NCX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if NCX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if NCX's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of NCX's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.2yrs

Average management tenure


CEO

Sam Lee

0.17

Tenure

Mr. Sam Lee C.F.A. has been President and Chief Executive Officer of Northisle Copper and Gold Inc. since October 5, 2020. Mr. Lee has been Director at Northisle Copper and Gold Inc. since November 04, 202...


Leadership Team

NamePositionTenureCompensationOwnership
David Douglas
Corporate Secretary9.33yrsCA$35.25k2.06%
CA$ 813.6k
John McClintock
Vice President of Exploration0.17yrCA$100.42k1.36%
CA$ 539.4k
Sam Lee
President0.17yrno data0.84%
CA$ 332.1k
Nicholas Van Dyk
Vice President of Corporate Development & Investor Relations0.083yrno datano data

0.2yrs

Average Tenure

62yo

Average Age

Experienced Management: NCX's management team is not considered experienced ( 0.2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
David Douglas
Corporate Secretary9.33yrsCA$35.25k2.06%
CA$ 813.6k
Sam Lee
President0.17yrno data0.84%
CA$ 332.1k
Francis Corman
Independent Non Executive Chairman of the Board9.33yrsCA$10.00k13.72%
CA$ 5.4m
Larry Yau
Independent Director6.83yrsCA$10.00kno data
Martino De Ciccio
Independent Director2.83yrsCA$13.33kno data
Kevin O'Kane
Independent Non-Executive Director0.083yrno datano data

4.8yrs

Average Tenure

62yo

Average Age

Experienced Board: NCX's board of directors are considered experienced (4.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: NCX insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 21.9%.


Top Shareholders

Company Information

NorthIsle Copper and Gold Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: NorthIsle Copper and Gold Inc.
  • Ticker: NCX
  • Exchange: TSXV
  • Founded: 2011
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: CA$39.533m
  • Shares outstanding: 146.42m
  • Website: https://www.northisle.ca

Location

  • NorthIsle Copper and Gold Inc.
  • 1040 West Georgia Street
  • 15th Floor
  • Vancouver
  • British Columbia
  • V6E 4H1
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NCXTSXV (TSX Venture Exchange)YesCommon SharesCACADOct 2011
NTCP.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDOct 2011
0N4DB (Deutsche Boerse AG)YesCommon SharesDEEUROct 2011

Biography

NorthIsle Copper and Gold Inc., a junior resource company, engages in the exploration and development of mineral properties in Canada. The company explores for copper, gold, molybdenum, and rhenium deposit...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/06 00:41
End of Day Share Price2020/12/04 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.