Nighthawk Gold Balance Sheet Health

Financial Health criteria checks 6/6

Nighthawk Gold has a total shareholder equity of CA$26.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$33.4M and CA$6.9M respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$12.75m
Equity	CA$26.44m
Total liabilities	CA$6.93m
Total assets	CA$33.37m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: MIMZ.F's short term assets (CA$14.6M) exceed its short term liabilities (CA$1.7M).

Long Term Liabilities: MIMZ.F's short term assets (CA$14.6M) exceed its long term liabilities (CA$5.2M).

Debt to Equity History and Analysis

Debt Level: MIMZ.F is debt free.

Reducing Debt: MIMZ.F 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: MIMZ.F has sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: MIMZ.F is forecast to have sufficient cash runway for 7 months based on free cash flow estimates, but has since raised additional capital.

Nighthawk Gold Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

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

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.

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

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

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

Nighthawk Gold Corp. Announces Executive Changes

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

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

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

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.

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

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

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

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

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

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

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

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

Nighthawk Gold Appoints Richard Roy as Vice President of Exploration

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

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

Nighthawk Expands High-Grade Zone 3.5 At Colomac

Nighthawk Gold Corp. Appoints Eric Tremblay to the Board of Directors

Nighthawk Gold Corp. announced that it has received CAD 12.0006 million in funding from Orion Capital, Inc., Northfield Capital Corporation

Nighthawk Gold Corp. Resumes Exploration Activities on Its Indin Lake Gold Property

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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