NorthIsle Copper and Gold (NCX) AI Stock Analysis

• Market Cap: C$175.42M
• Dividend Yield: N/A
• Average Volume (3M): 285.93K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.28
• Revenue Growth: N/A
• EPS Growth: -62.76%
• Country: CA
• Employees: 10
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Industrial Materials
• EPS (TTM): -0.04
• Shares Outstanding: 257,968,800
• 10 Day Avg. Volume: 109,985
• 30 Day Avg. Volume: 285,927
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -21.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$1.45
• Price Target Upside: 113.24% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

The overall stock score is significantly impacted by the company's poor financial performance, with no revenue and increasing losses threatening its stability. Technical analysis suggests neutrality with no strong momentum, and valuation metrics indicate potential overvaluation. The lack of earnings and dividends further diminishes stock attractiveness for investors.

NorthIsle Copper and Gold Business Overview & Revenue Model

Company Description

NorthIsle Copper and Gold Inc. (NCX) is a Canadian mineral exploration and development company focused on advancing its North Island Project located on Vancouver Island in British Columbia. The company operates in the mining sector, primarily engaged in the exploration and development of copper and gold deposits. NCX aims to leverage its significant mineral resources to become a leading supplier of copper and gold in North America.

How the Company Makes Money

NorthIsle Copper and Gold Inc. generates revenue primarily through the exploration and development of its North Island Project, which encompasses several mineralized zones with copper and gold deposits. The company makes money by advancing these projects towards feasibility and production stages, ultimately seeking to extract and sell copper and gold. Key revenue streams include potential future sale of these metals, partnerships, and joint ventures with other mining companies, as well as potential royalties and off-take agreements. Additionally, the company may engage in strategic partnerships and financing activities to fund its exploration and development efforts.

NorthIsle Copper and Gold Financial Statement Overview

Summary

NorthIsle Copper and Gold faces significant financial challenges with no revenue and growing losses. The company is not heavily leveraged, but its lack of profitability and negative cash flows threaten its financial stability. There is a critical need for revenue generation and cost management to improve its financial outlook.

Income Statement

The company has had no revenue for recent periods, impacting its ability to generate a positive gross or net profit. The consistent negative EBIT and EBITDA margins reflect ongoing operational challenges. The trajectory shows a worsening financial performance as indicated by increasingly negative net income over time.

Balance Sheet

The company maintains a low debt-to-equity ratio due to minimal total debt, which indicates a low leverage risk. However, the equity ratio has been declining, suggesting a decrease in financial stability. Return on equity is negative, indicating a lack of profitability for shareholders.

Cash Flow

Negative operating and free cash flows highlight liquidity issues and challenges in sustaining operations without external financing. The lack of free cash flow growth and consistent cash outflow in operations suggests financial strain.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	42.17K
	Gross Profit
-16.16K	-5.54M	-62.52K	-62.52K	0.00	42.17K
	EBIT
-10.56M	-7.48M	-8.18M	-5.73M	-1.24M	-309.34K
	EBITDA
-10.59M	-7.47M	-7.60M	-5.29M	-1.24M	-301.47K
	Net Income Common Stockholders
-9.11M	-5.35M	-6.66M	-5.23M	-1.19M	-302.41K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.83M	7.54M	5.89M	5.90M	2.94M	378.88K
	Total Assets
18.28M	18.00M	16.72M	16.64M	13.04M	10.82M
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-1.83M	-7.54M	-5.89M	-5.79M	-2.94M	-378.88K
	Total Liabilities
310.10K	1.38M	3.08M	813.56K	162.31K	598.93K
	Stockholders Equity
17.97M	16.62M	13.64M	15.83M	12.88M	10.22M
Cash Flow		Free Cash Flow
-8.68M	-6.51M	-7.23M	-5.66M	-556.76K	-609.24K
	Operating Cash Flow
-8.68M	-6.51M	-7.23M	-5.52M	-556.76K	-609.24K
	Investing Cash Flow
-6.59K	0.00	108.17K	-391.74K	0.00	0.00
	Financing Cash Flow
8.08M	8.17M	7.21M	8.76M	3.12M	181.40K

NorthIsle Copper and Gold Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 0.68
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NCX, the sentiment is Neutral. The current price of 0.68 is below the 20-day moving average (MA) of 0.70, below the 50-day MA of 0.68, and above the 200-day MA of 0.51, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 45.28 is Neutral, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:NCX.

NorthIsle Copper and Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ARQ	63 Neutral	C$6.96M	17.59	31.05%	―	324.44%	―
Sector *	49 Neutral	$1.95B	-1.59	-21.99%	3.77%	0.61%	-27.45%
WRN	46 Neutral	$308.00M	―	-4.25%	―	―	-77.62%
NCX	33 Underperform	C$175.42M	―	-73.59%	―	―	-62.76%
ETG	29 Underperform	$431.39M	―	0.01%	―	―	-49.38%

NorthIsle Copper and Gold Corporate Events

Northisle Unveils Promising 2024 Drill Results

Northisle Copper and Gold Inc. has released its final 2024 drill results, highlighting significant high-grade copper and gold mineralization at its Northwest Expo and West Goodspeed sites. The results suggest potential resource expansion and further exploration opportunities, with high-grade intercepts and strategic geological insights. The findings bolster the company’s resource estimates and provide valuable guidance for future exploration efforts.

NorthIsle Secures C$9.9 Million in Private Financing

NorthIsle Copper and Gold Inc. has successfully completed a private placement financing, raising approximately C$9.9 million to support its growth plans. This oversubscribed funding round positions the company well for continued development and exploration activities in 2025, aimed at creating substantial shareholder value.

NorthIsle Copper and Gold Announces C$9 Million Financing

NorthIsle Copper and Gold Inc. is set to raise approximately C$9 million through a private placement financing, offering common shares to institutional investors and existing shareholders. The funds will support exploration and project development, with a portion allocated to qualifying Canadian exploration expenses. The transaction, led by Paradigm Capital Inc., is expected to close by December 5, 2024, pending regulatory approval.

Northisle Copper and Gold Announces Promising Drill Results

Northisle Copper and Gold Inc. has announced promising drill results from its Northwest Expo site, revealing mineralization intervals with grades exceeding previous resource estimates. The findings suggest potential for improved future resource estimates and provide critical structural insights into the deposit’s geology.