Newcore Gold (OTCPK:NCAU.F) - Stock Price, News & Analysis

NCAU.F Stock Overview

A mineral exploration, engages in the acquisition, advancement, and development of mineral properties in Ghana.

NCAU.F fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	5/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Earnings are forecast to grow 82.46% per year

Risk Analysis

Makes less than USD$1m in revenue (CA$0)

Shareholders have been diluted in the past year

Does not have a meaningful market cap ($71M)

Newcore Gold Ltd. Competitors

Xtra-Gold Resources

OTCPK:XTGR.F

US$52.5m

Nevada Canyon Gold

OTCPK:NGLD

US$64.2m

Gold Resource

NYSEAM:GORO

US$31.9m

Vista Gold

NYSEAM:VGZ

US$99.1m

Price History & Performance

Summary of all time highs, changes and price drops for Newcore Gold
Historical stock prices
Current Share Price	CA$0.26
52 Week High	CA$0.28
52 Week Low	CA$0.07
Beta	1.24
11 Month Change	18.41%
3 Month Change	12.26%
1 Year Change	173.81%
33 Year Change	-38.80%
5 Year Change	109.41%
Change since IPO	-81.01%

Recent updates

Shareholder Returns

	NCAU.F	US Metals and Mining	US Market
7D	2.9%	-1.2%	0.4%
1Y	173.8%	32.1%	32.6%

Return vs Industry: NCAU.F exceeded the US Metals and Mining industry which returned 32.1% over the past year.

Return vs Market: NCAU.F exceeded the US Market which returned 32.6% over the past year.

Price Volatility

Is NCAU.F's price volatile compared to industry and market?
NCAU.F volatility
NCAU.F Average Weekly Movement	9.0%
Metals and Mining Industry Average Movement	8.1%
Market Average Movement	6.4%
10% most volatile stocks in US Market	15.0%
10% least volatile stocks in US Market	3.1%

Stable Share Price: NCAU.F has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: NCAU.F's weekly volatility (9%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2010	18	Luke Alexander	www.newcoregold.com

Newcore Gold Ltd., a mineral exploration, engages in the acquisition, advancement, and development of mineral properties in Ghana. The company holds 100% interest in the Enchi gold project covering 248 square kilometers located in southwest Ghana, as well as holds six prospecting licenses. The company was formerly known as Pinecrest Resources Ltd.

Newcore Gold Ltd. Fundamentals Summary

How do Newcore Gold's earnings and revenue compare to its market cap?
NCAU.F fundamental statistics
Market cap	US$52.25m
Earnings (TTM)	-US$1.40m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-37.3x

P/E Ratio

Is NCAU.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NCAU.F income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$1.90m
Earnings	-CA$1.90m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.0091
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did NCAU.F perform over the long term?

See historical performance and comparison

NCAU.F Stock Overview

Rewards

Risk Analysis

Newcore Gold Ltd. Competitors

OTCPK:XTGR.F

US$52.5m

OTCPK:NGLD

US$64.2m

NYSEAM:GORO

US$31.9m

NYSEAM:VGZ

US$99.1m

Price History & Performance

Recent News & Updates

Newcore Gold Ltd. announced that it has received CAD 5.543975 million in funding

Newcore Gold Ltd. announced that it expects to receive CAD 5 million in funding

Newcore Gold Ltd. Announces Start of 10,000 Metre Drill Program At the Enchi Gold Project, Ghana

Newcore Gold Ltd. Files Technical Report for the Updated Preliminary Economic Assessment for the Enchi Gold Project, Ghana

Newcore Gold Ltd., Annual General Meeting, Jul 18, 2024

Newcore Gold Ltd. Announces Positive Updated Preliminary Economic Assessment for the Enchi Gold Project, Ghana

Recent updates

Newcore Gold Ltd. announced that it has received CAD 5.543975 million in funding

Newcore Gold Ltd. announced that it expects to receive CAD 5 million in funding

Newcore Gold Ltd. Announces Start of 10,000 Metre Drill Program At the Enchi Gold Project, Ghana

Newcore Gold Ltd. Files Technical Report for the Updated Preliminary Economic Assessment for the Enchi Gold Project, Ghana

Newcore Gold Ltd., Annual General Meeting, Jul 18, 2024

Newcore Gold Ltd. Announces Positive Updated Preliminary Economic Assessment for the Enchi Gold Project, Ghana

Newcore Gold Ltd. Announces Positive Results from Two Bulk-Scale Pilot Heap Tests Completed as Part of Ongoing Metallurgical Program at its 100%-Owned Enchi Gold Project in Ghana

Newcore Gold Ltd. Announces Positive Results from Five Additional Column Tests Completed as Part of the Ongoing Metallurgical Program At the Enchi Gold Project in Ghana

Newcore Gold Ltd. Announces Update on Exploration and Development Activities Underway at its 100% Owned Enchi Gold Project in Ghana

Newcore Gold Ltd. Announces Resignation of Edward Farrauto as a Director

Newcore Gold Ltd. announced that it has received CAD 5 million in funding

Newcore Gold Ltd. announced that it expects to receive CAD 5 million in funding

Newcore Gold Ltd., Annual General Meeting, Jul 19, 2023

Newcore Gold Ltd. Provides an Update on Work Programs and Exploration Activities Underway at the Enchi Gold Project, Ghana

Newcore Gold Announces 92.4% Gold Recoveries in Column Testwork for the Sewum and Boin Deposits at the Enchi Gold Project, Ghana

Newcore Gold Ltd. Announces Start of Drill Program At the Enchi Gold Project, Ghana

Newcore Gold Completes 90,000 Metre Drill Program, Significantly Expanding the Mineralized Footprint At the Enchi Gold Project, Ghana

Newcore Gold Ltd. Drilling Intersects 1.29 G/T Gold over 13.0 Metres and 1.64 G/T Gold over 10.0 Metres At the Enchi Gold Project, Ghana

Newcore Gold Ltd., Annual General Meeting, Jul 13, 2022

Newcore Gold Drilling Confirms and Expands New Discovery, Intersects 1.80 g/t Gold over 27.0 Metres and 1.67 g/t Gold over 17.0 Metres at the Enchi Gold Project, Ghana

Newcore Gold Ltd. Announces Two New Gold Discoveries from the 90,000 Metre Drill Program Underway at the Company's 100% Owned Enchi Gold Project in Ghana

Newcore Gold Ltd. Announces Additional Drill Results from the 90,000 Metre Drill Program Underway At the Enchi Gold Project in Ghana

Newcore Gold Ltd. Drilling Intersects 1.79 G/T Gold over 24.0 Metres and 0.99 G/T Gold over 29.0 Metres, At the Enchi Gold Project, Ghana

Newcore Gold Ltd. Announces Additional Drill Results from the 90,000 Metre Drill Program At the Enchi Gold Project, Ghana

Newcore Gold Ltd. Drilling Intersects 2.33 g/t Gold Over 14.0 Metres, including 20.54 g/t Gold Over 1.0 Metre, at the Enchi Gold Project, Ghana

Newcore Gold Ltd. Announces Additional Drill Results from the 66,000 Metre Drill Program

Newcore Gold Ltd Announces Positive Results from Four Column Tests Completed as Part of the Ongoing Metallurgical Program at the Company’s 100%-Owned Enchi Gold Project in Ghana

Newcore Gold Files Technical Report for the Updated Preliminary Economic Assessment for the Enchi Gold Project, Ghana

Newcore Gold Announces Positive Updated Preliminary Economic Assessment for the Enchi Gold Project, Ghana

Newcore Gold Drilling Intersects 0.90 g/t Gold Over 69.0 Metres, including 2.06 g/t Gold over 12.0 Metres, at the Enchi Gold Project, Ghana

Newcore Gold Drilling Intersects 0.61 g/t Gold Over 50.0 Metres, including 1.36 g/t Gold over 9.0 Metres, at the Enchi Gold Project, Ghana

Newcore Gold Increases Drill Program to 66,000 Metres and Releases Additional Drill Results from the Enchi Gold Project, Ghana

Newcore Gold Ltd. Announce Additional Drill Results from the 58,000 Metre Drill Program Underway At the Company's 100% Owned Enchi Gold Project

Newcore Gold Ltd. Announces Additional Drill Results from 58,000 Metre Drill Program

Newcore Gold Ltd. Provides an Update on the Work Program Underway At the Company’s 100% Owned Enchi Gold Project in Ghana

Newcore Gold Intersects 2.35 g/t Gold Over 11.0 Metres and 4.71 g/t Gold Over 6.0 Metres, at the Enchi Gold Project, Ghana

Newcore Gold Ltd. Intersects 1.38 G/T Gold over 45.0 Metres, Including 6.25 G/T Gold over 6.0 Metres, At the Enchi Gold Project, Ghana

Newcore Gold Ltd. Intersects 1.52 G/T Gold over 28.0 Metres, Including 3.58 G/T Gold over 10.0 Metres, At the Enchi Gold Project, Ghana

Newcore Gold Announces Significant Increase to On-Going Drill Program at The Enchi Gold Project, Ghana

Newcore Gold Ltd. Announces Filing of Technical Report for the Enchi Gold Project

Newcore Gold Ltd. Provides Update of Drill Program at its Enchi Gold Project in Southwest Ghana

Ruffler LLP along with along with other institutional investors acquired 17% stake in Pinecrest Resources Ltd. (TSXV:PCR) from Kinross Gold Corporation (TSX:K) for CAD 3.9 million.

Shareholder Returns

Price Volatility

About the Company

Newcore Gold Ltd. Fundamentals Summary

0.0x

-37.3x

Earnings & Revenue