NCX

NorthIsle Copper and GoldTSXV:NCX Stock Report

Market Cap

CA$30.4m

7D

-10.0%

1Y

33.3%

Updated

16 Sep, 2021

Data

Company Financials +
NCX fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

NCX Overview

NorthIsle Copper and Gold Inc. engages in the exploration and development of mineral properties in Canada.

Price History & Performance

Summary of all time highs, changes and price drops for NorthIsle Copper and Gold
Historical stock prices
Current Share PriceCA$0.18
52 Week HighCA$0.10
52 Week LowCA$0.42
Beta1.07
1 Month Change-21.74%
3 Month Change-35.71%
1 Year Change33.33%
3 Year Change80.00%
5 Year Change125.00%
Change since IPO-18.18%

Recent News & Updates

Sep 15
We're Hopeful That NorthIsle Copper and Gold (CVE:NCX) Will Use Its Cash Wisely

We're Hopeful That NorthIsle Copper and Gold (CVE:NCX) Will Use Its Cash Wisely

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...

Jun 02
NorthIsle Copper and Gold (CVE:NCX) Is In A Good Position To Deliver On Growth Plans

NorthIsle Copper and Gold (CVE:NCX) Is In A Good Position To Deliver On Growth Plans

There's no doubt that money can be made by owning shares of unprofitable businesses. By way of example, NorthIsle...

Shareholder Returns

NCXCA Metals and MiningCA Market
7D-10.0%0.9%0.3%
1Y33.3%-10.4%30.0%

Return vs Industry: NCX exceeded the Canadian Metals and Mining industry which returned -11.9% over the past year.

Return vs Market: NCX exceeded the Canadian Market which returned 27% over the past year.

Price Volatility

Is NCX's price volatile compared to industry and market?
NCX volatility
NCX Beta1.07
Industry Beta1.09
Market Beta1

Stable Share Price: NCX is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: NCX's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2011n/aSam Leehttps://www.northisle.ca

NorthIsle Copper and Gold Inc. engages in the exploration and development of mineral properties in Canada. The company explores for copper, gold, molybdenum, and rhenium deposits. Its principal property is the North Island project consisting of approximately 33,149 hectares located on Northern Vancouver Island, British Columbia.

Valuation

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

1.82x

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 Canadian 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 good value based on its PB Ratio (1.8x) compared to the CA Metals and Mining industry average (2.4x).


Future Growth

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

12.3%

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.


Past Performance

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

-11.6%

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, and losses have increased over the past 5 years at a rate of 11.6% 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 (116%).


Return on Equity

High ROE: NCX has a negative Return on Equity (-19.32%), as it is currently unprofitable.


Financial Health

How is NorthIsle Copper and Gold's financial position?


Financial Position Analysis

Short Term Liabilities: NCX's short term assets (CA$7.3M) exceed its short term liabilities (CA$112.3K).

Long Term Liabilities: NCX's short term assets (CA$7.3M) exceed its long term liabilities (CA$732.4K).


Debt to Equity History and Analysis

Debt Level: NCX is debt free.

Reducing Debt: NCX has not had any debt for past 5 years.


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 more than a year based on its current free cash flow.

Forecast Cash Runway: NCX has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 12.3% each year.


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?

0.3yrs

Average management tenure


CEO

Sam Lee

0.92

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 a Director at Northisle Copper and Gold Inc. since November 04,...


Leadership Team

Experienced Management: NCX's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: NCX's board of directors are considered experienced (3.6 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 39.5%.


Top Shareholders

Company Information

NorthIsle Copper and Gold Inc.'s 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$30.396m
  • Shares outstanding: 168.86m
  • Website: https://www.northisle.ca

Location

  • NorthIsle Copper and Gold Inc.
  • 1166 Alberni Street
  • Suite 1200
  • Vancouver
  • British Columbia
  • V63 3Z3
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 04:47
End of Day Share Price2021/09/15 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.