NorthIsle Copper and Gold (TSE:NCX)
:NCX

NorthIsle Copper and Gold (NCX) AI Stock Analysis

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NorthIsle Copper and Gold

(NCX)

33Underperform
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 (NCX) vs. S&P 500 (SPY)

NorthIsle Copper and Gold Business Overview & Revenue Model

Company DescriptionNorthIsle 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 MoneyNorthIsle 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
10
Very Negative
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
45
Neutral
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
20
Very Negative
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
TTMDec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
0.000.000.000.000.0042.17K
Gross Profit
-16.16K-5.54M-62.52K-62.52K0.0042.17K
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 SheetCash, Cash Equivalents and Short-Term Investments
1.83M7.54M5.89M5.90M2.94M378.88K
Total Assets
18.28M18.00M16.72M16.64M13.04M10.82M
Total Debt
0.000.000.000.000.000.00
Net Debt
-1.83M-7.54M-5.89M-5.79M-2.94M-378.88K
Total Liabilities
310.10K1.38M3.08M813.56K162.31K598.93K
Stockholders Equity
17.97M16.62M13.64M15.83M12.88M10.22M
Cash FlowFree 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
-6.59K0.00108.17K-391.74K0.000.00
Financing Cash Flow
8.08M8.17M7.21M8.76M3.12M181.40K

NorthIsle Copper and Gold Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.72
Price Trends
50DMA
0.62
Positive
100DMA
0.52
Positive
200DMA
0.49
Positive
Market Momentum
MACD
0.05
Positive
RSI
57.57
Neutral
STOCH
30.44
Neutral
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 0.72 is below the 20-day moving average (MA) of 0.72, above the 50-day MA of 0.62, and above the 200-day MA of 0.49, indicating a neutral trend. The MACD of 0.05 indicates Positive momentum. The RSI at 57.57 is Neutral, neither overbought nor oversold. The STOCH value of 30.44 is Neutral, 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

Overall Rating
UnderperformOutperform
Sector (47)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSARQ
63
Neutral
C$6.23M15.7431.05%324.44%
TSWRN
55
Neutral
C$302.00M-4.25%-77.62%
47
Neutral
$2.36B-3.00-21.73%3.58%3.97%-28.71%
TSNCX
33
Underperform
C$180.05M-73.59%-62.76%
TSETG
31
Underperform
$429.32M0.01%-49.38%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:NCX
NorthIsle Copper and Gold
0.69
0.19
38.00%
TSE:ETG
Entree Gold
1.95
0.41
26.62%
TSE:WRN
Western Copper
1.38
-0.69
-33.33%
TSE:ARQ
Argo Gold
0.08
>-0.01
-11.11%

NorthIsle Copper and Gold Corporate Events

Northisle Unveils Promising 2024 Drill Results
Dec 19, 2024

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
Dec 5, 2024

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
Nov 15, 2024

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
Nov 5, 2024

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.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.