NevGold Balance Sheet Health

Financial Health criteria checks 5/6

NevGold has a total shareholder equity of CA$24.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$25.9M and CA$1.6M respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$169.52k
Equity	CA$24.34m
Total liabilities	CA$1.58m
Total assets	CA$25.93m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: NAUF.F's short term assets (CA$670.6K) do not cover its short term liabilities (CA$1.1M).

Long Term Liabilities: NAUF.F's short term assets (CA$670.6K) exceed its long term liabilities (CA$449.0K).

Debt to Equity History and Analysis

Debt Level: NAUF.F is debt free.

Reducing Debt: NAUF.F 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: NAUF.F has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: NAUF.F is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.

NevGold Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Recent updates

Nevgold Corp. Identifies High-Grade Copper, Gold, and Silver Mineralization At Surface At the Newly Staked Zeus Copper Project

NevGold Corp., Annual General Meeting, Jul 19, 2024

NevGold Corp. Announces Positive Copper Porphyry Potential At the Zeus Copper Project in the Hercules Copper Trend, Idaho

Nevgold Stakes Highly Prospective Zeus Copper Project Within the Hercules Copper Trend, Washington County, Idaho

NevGold Corp. announced that it expects to receive CAD 1 million in funding

Nevgold Corp. Announces High-Grade, Open-Pit, Heap-Leach Gold Mineral Resource

Nevgold Corp. Approves to Acquire 100% of the Nutmeg Mountain Gold Project in Idaho

NevGold Corp. Provides Positive Update on Limousine Butte Project

NevGold Corp. Announces Further Oxide, Gold Results Intercepted from Surface at Nutmeg Mountain Gold Project in Idaho

New major risk - Financial position

Nevgold Corp. Intercepts Strongly Oxidized, Silicified Sandstone with Quartz Veining from Surface with Assays Pending

NevGold Corp. Submits Exploration Plan of Operations for Limousine Butte, Nevada

NevGold Corp. Announces Approval of Exploration Notice Permit at Nutmeg Mountain Allowing for Expanded Drill Program

NevGold Corp. Starts Drill Program At Nutmeg Mountain

NevGold Corp. announced that it has received CAD 4.101886 million in funding from GoldMining Inc.

NevGold Corp. Intercepts More Oxide Gold at Resurrection Ridge Expanding the Mineralized Footprint by over 100 Meters

NevGold Corp. Expands Cadillac Valley South Discovery By Over 100 Meters To the Northwest And Intercepts More Oxide Gold

NevGold Corp. Identifies +6 Meter Wide Undrilled Outcropping Vein and Finds Visible Gold in Historical Core At Nutmeg Mountain

NevGold Corp. announced that it has received CAD 1.119999 million in funding

NevGold Corp. announced that it expects to receive CAD 1 million in funding

NevGold Corp. Outlines the Project Development Plan At the Advanced Stage Nutmeg Mountain Gold Project

NevGold Corp. announced that it has received CAD 1 million in funding from GoldMining Inc.

NevGold Corp. announced that it expects to receive CAD 1 million in funding from GoldMining Inc.

Nevgold Corp. Announces Further Assays from the Company's Drill Program At the Cadillac Valley

NevGold Corp. Announces Further Assays from its Drill Program at Cadillac Valley Target Area at its Limousine Butte Project

Nevgold Corp. Intercepts 2.13 G/T Oxide Au over 58.2 Meters, Including 12.32 G/T Oxide Au over 5.9 Meters At the Cadillac Valley Target Area At Limousine Butte

NevGold Corp. Identifies Multiple Potential High-Grade Vein Structures over 4 Km At Ptarmigan and Provides 2022 Exploration Plans

Nevgold Intercepts 2.19 G/T Oxide Au over 61.6 Meters, Including 8.51 G/T Oxide Au over 11.6 Meters At Limousine Butte

Nevgold Adds Second Drill Rig At Limousine Butte

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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