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NorthIsle Copper and Gold
(NCX)
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Rating:50Neutral
Price Target:
C$4.00
▲(30.29% Upside)
Action:Reiterated
Date:07/03/26
The score is primarily held back by weak financial performance—no revenue, rising losses, and accelerating cash burn—despite a low-debt balance sheet. Technicals are moderately supportive with the stock trading above major moving averages, but valuation remains unattractive/unclear given negative earnings and no dividend support.
Positive Factors
Low Leverage / Balance Sheet Health
Very low debt materially reduces near-term refinancing and insolvency risk for a pre-development miner. This conservative capital structure preserves optionality to pursue permitting and studies without immediate debt distress, supporting longer-term project execution flexibility.
Negative Factors
No Revenue; Widening Losses
Persistent pre-revenue status and expanding net losses mean the company cannot self-fund operations. Worsening losses increase reliance on capital markets and dilute the outlook for internal profitability, raising execution risk for moving projects through development stages.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage / Balance Sheet Health
Very low debt materially reduces near-term refinancing and insolvency risk for a pre-development miner. This conservative capital structure preserves optionality to pursue permitting and studies without immediate debt distress, supporting longer-term project execution flexibility.
Read all positive factors
NorthIsle Copper and Gold (NCX) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$1.28B
Dividend YieldN/A
Average Volume (3M)444.75K
Price to Earnings (P/E)―
Beta (1Y)0.90
Revenue GrowthN/A
EPS Growth-65.04%
CountryCA
Employees17
SectorGeneral
Sector StrengthN/A
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.06
Shares Outstanding333,243,870
10 Day Avg. Volume374,129
30 Day Avg. Volume444,749
Financial Highlights & Ratios
PEG Ratio-2.26
Price to Book (P/B)18.07
Price to Sales (P/S)0.00
P/FCF Ratio-47.90
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.02
Revenue Forecast (FY)N/A
NorthIsle Copper and Gold Business Overview & Revenue Model
Company Description
NorthIsle Copper and Gold Inc. (NCX.V) is a Canadian firm dedicated to the exploration and development of mineral resources. Its primary focus lies in identifying deposits of copper, gold, molybdenum, and rhenium. The company's flagship asset is t...
How the Company Makes Money
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NorthIsle Copper and Gold Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
18
Very Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -102.40K | -7.41K | -5.54M | -62.52K | -62.52K |
| EBITDA | -17.02M | ― | -7.47M | -7.60M | -5.29M |
| Net Income | -13.48M | -9.51M | -5.35M | -6.66M | -5.23M |
Balance Sheet | |||||
| Total Assets | 44.67M | 20.08M | 18.00M | 16.72M | 16.64M |
| Cash, Cash Equivalents and Short-Term Investments | 32.50M | 9.48M | 7.54M | 5.89M | 5.90M |
| Total Debt | 434.49K | 170.60K | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 5.30M | 3.24M | 1.38M | 3.08M | 813.56K |
| Stockholders Equity | 39.37M | 16.84M | 16.62M | 13.64M | 15.83M |
Cash Flow | |||||
| Free Cash Flow | -14.85M | -9.15M | -6.51M | -7.23M | -5.66M |
| Operating Cash Flow | -14.55M | -9.15M | -6.51M | -7.23M | -5.52M |
| Investing Cash Flow | -307.65K | 0.00 | 0.00 | 108.17K | -391.74K |
| Financing Cash Flow | 37.93M | 11.08M | 8.17M | 7.21M | 8.76M |
NorthIsle Copper and Gold Technical Analysis
Positive
3.07
Price Trends
3.15
Positive
3.07
Positive
2.84
Positive
Market Momentum
0.23
Negative
66.87
Neutral
64.49
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NCX, the sentiment is Positive. The current price of 3.07 is below the 20-day moving average (MA) of 3.48, below the 50-day MA of 3.15, and above the 200-day MA of 2.84, indicating a bullish trend. The MACD of 0.23 indicates Negative momentum. The RSI at 66.87 is Neutral, neither overbought nor oversold. The STOCH value of 64.49 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:NCX.
NorthIsle Copper and Gold Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
53 Neutral | C$613.47M | -46.24 | -7.84% | ― | ― | -5566.67% | |
50 Neutral | C$1.28B | -60.84 | -30.68% | ― | ― | -65.04% | |
45 Neutral | C$755.43M | -117.83 | -2.57% | ― | ― | -60.67% | |
42 Neutral | C$338.29M | -19.16 | -41.69% | ― | ― | -274.02% | |
42 Neutral | C$342.33M | -7.13 | -65.12% | ― | ― | -87.05% | |
41 Neutral | C$803.91M | -23.44 | -43.89% | ― | ― | 8.75% |
* General Sector Average
TSE:NCX
NorthIsle Copper and Gold
3.90
2.75
239.13%
TSE:WRN
Western Copper
3.37
1.58
88.27%
TSE:MNO
Meridian Mining SE
1.67
0.83
98.81%
TSE:GQC
GoldQuest Mining
0.91
0.25
37.88%
TSE:UCU
Ucore Rare Metals
2.95
0.48
19.43%
TSE:ALDE
Aldebaran Resources Inc
3.14
0.47
17.60%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.