NovaRed Mining (NRED.F) Stock Overview
Engages in the identification, acquisition, exploration and development of mineral resource projects in Canada. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
NRED.F Community Fair Values
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An Undervalued 3.3Moz Gold Project in Canada
Key takeaways Upside Gold is developing the Kena Gold Project, near the town of Nelson in the Kootenays region of southern British Columbia. Kena hosts a historical gold resource of 3.33 million ounces (561,000 ounces Indicated and 2.77 million ounces Inferred) across a 10,200-hectare land package.Read more
NovaRed Mining Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$1.15 |
| 52 Week High | CA$1.30 |
| 52 Week Low | CA$0.53 |
| Beta | 5.89 |
| 1 Month Change | 57.56% |
| 3 Month Change | n/a |
| 1 Year Change | n/a |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 116.98% |
Recent News & Updates
Recent updates
Shareholder Returns
| NRED.F | US Metals and Mining | US Market | |
|---|---|---|---|
| 7D | -8.0% | 7.1% | -0.6% |
| 1Y | n/a | 82.4% | 16.0% |
Return vs Industry: Insufficient data to determine how NRED.F performed against the US Metals and Mining industry.
Return vs Market: Insufficient data to determine how NRED.F performed against the US Market.
Price Volatility
| NRED.F volatility | |
|---|---|
| NRED.F Average Weekly Movement | n/a |
| Metals and Mining Industry Average Movement | 11.5% |
| Market Average Movement | 7.1% |
| 10% most volatile stocks in US Market | 16.4% |
| 10% least volatile stocks in US Market | 3.3% |
Stable Share Price: NRED.F's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: Insufficient data to determine NRED.F's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2017 | n/a | Brian Goss | novaredmining.com |
NovaRed Mining Inc. engages in the identification, acquisition, exploration and development of mineral resource projects in Canada. The company holds an option to acquire a 70% interest in the Wilmac Copper-Gold Project located in south-central British Columbia, southwest of Princeton and approximately 10 kilometres west of Hudbay Mineral Inc.'s currently producing Copper Mountain Mine. Additionally, it holds interest in the Lamont Ridge Project is located approximately 200 kilometres east of Vancouver and west to southwest of Princeton, British Columbia in the Similkameen Mining Division.
NovaRed Mining Inc. Fundamentals Summary
| NRED.F fundamental statistics | |
|---|---|
| Market cap | US$42.25m |
| Earnings (TTM) | -US$428.01k |
| Revenue (TTM) | n/a |
Is NRED.F overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NRED.F income statement (TTM) | |
|---|---|
| Revenue | CA$0 |
| Cost of Revenue | CA$0 |
| Gross Profit | CA$0 |
| Other Expenses | CA$595.53k |
| Earnings | -CA$595.53k |
Last Reported Earnings
Jan 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.017 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 0% |
How did NRED.F perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/04/01 08:49 |
| End of Day Share Price | 2026/03/30 00:00 |
| Earnings | 2026/01/31 |
| Annual Earnings | 2025/07/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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.
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 Github.
Analyst Sources
NovaRed Mining Inc. 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.