Nevada Canyon Gold (OTCPK:NGLD) - Stock Price, News & Analysis

NGLD Stock Overview

A natural resource company, engages in the exploration, development, and production of mineral resources. More details

NGLD fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Earnings have declined by 52.6% per year over past 5 years

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

Does not have a meaningful market cap ($22M)

Volatile share price over the past 3 months compared to the US market

+ 1 more risk

Nevada Canyon Gold Corp. Competitors

Austin Gold

NYSEAM:AUST

US$24.8m

Victoria Gold

OTCPK:VITF.F

US$23.4m

Novo Resources

OTCPK:NSRP.F

US$20.5m

Paramount Gold Nevada

NYSEAM:PZG

US$25.6m

Price History & Performance

Summary of all time highs, changes and price drops for Nevada Canyon Gold
Historical stock prices
Current Share Price	US$0.95
52 Week High	US$5.21
52 Week Low	US$0.86
Beta	0.25
11 Month Change	-39.10%
3 Month Change	-66.93%
1 Year Change	-70.41%
33 Year Change	-5.00%
5 Year Change	137.50%
Change since IPO	630.77%

Recent updates

Shareholder Returns

	NGLD	US Metals and Mining	US Market
7D	-6.9%	2.3%	-1.0%
1Y	-70.4%	22.3%	30.3%

Return vs Industry: NGLD underperformed the US Metals and Mining industry which returned 21.7% over the past year.

Return vs Market: NGLD underperformed the US Market which returned 30.4% over the past year.

Price Volatility

Is NGLD's price volatile compared to industry and market?
NGLD volatility
NGLD Average Weekly Movement	14.9%
Metals and Mining Industry Average Movement	8.0%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.7%
10% least volatile stocks in US Market	3.1%

Stable Share Price: NGLD's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: NGLD's weekly volatility has decreased from 25% to 15% over the past year, but is still higher than 75% of US stocks.

About the Company

Founded	Employees	CEO	Website
2014	n/a	Alan Day	nevadacanyongold.com

Nevada Canyon Gold Corp., a natural resource company, engages in the exploration, development, and production of mineral resources. It primarily explores for gold deposits. The company holds interests in the Lazy Claims property that consist of three claims covering approximately 60 acres located in Mineral County, Nevada; the Loman property, which includes 27 unpatented mining claims covering an area of approximately 540 acres located in Mineral County, Nevada; the Agai-Pah property that includes 20 unpatented mining claims covering an area of approximately 400 acres located in Mineral County Nevada; the Belshazzar property consisting of 10 unpatented mineral claims and 7 placer mineral claims covering an area of approximately 200 acres located in Quartzburg mining district; and the Swales property, which include 40 unpatented mining claims covering an area of approximately 800 acres located in the Carlin Trend.

Nevada Canyon Gold Corp. Fundamentals Summary

How do Nevada Canyon Gold's earnings and revenue compare to its market cap?
NGLD fundamental statistics
Market cap	US$22.09m
Earnings (TTM)	-US$3.37m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-6.9x

P/E Ratio

Is NGLD overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NGLD income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	US$3.37m
Earnings	-US$3.37m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.14
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did NGLD perform over the long term?

See historical performance and comparison

Nevada Canyon Gold OTCPK:NGLD Stock Report