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 ($18M)

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

+ 1 more risk

My Notes

Capture your thoughts, links and company narrative

Nevada Canyon Gold Corp. Competitors

Austin Gold

NYSEAM:AUST

US$15.7m

Novo Resources

OTCPK:NSRP.F

US$21.8m

Gold Resource

NYSEAM:GORO

US$22.0m

Paramount Gold Nevada

NYSEAM:PZG

US$21.7m

Price History & Performance

Summary of share price highs, lows and changes for Nevada Canyon Gold
Historical stock prices
Current Share Price	US$0.76
52 Week High	US$5.21
52 Week Low	US$0.60
Beta	0.12
1 Month Change	-5.43%
3 Month Change	-73.27%
1 Year Change	-68.21%
3 Year Change	-29.29%
5 Year Change	152.20%
Change since IPO	482.00%

Recent updates

Shareholder Returns

	NGLD	US Metals and Mining	US Market
7D	6.6%	-1.9%	-1.1%
1Y	-68.2%	-5.6%	22.4%

Return vs Industry: NGLD underperformed the US Metals and Mining industry which returned -4.2% over the past year.

Return vs Market: NGLD underperformed the US Market which returned 23.7% over the past year.

Price Volatility

Is NGLD's price volatile compared to industry and market?
NGLD volatility
NGLD Average Weekly Movement	16.0%
Metals and Mining Industry Average Movement	7.7%
Market Average Movement	6.3%
10% most volatile stocks in US Market	17.6%
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 16% 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$17.93m
Earnings (TTM)	-US$3.37m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-5.6x

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)	-0.13
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

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 05:00
End of Day Share Price	2024/12/30 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Nevada Canyon Gold Corp. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution