NorthIsle Copper and Gold Inc (TSE:NCX)
:NCX
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NorthIsle Copper and Gold
(NCX)
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Rating:51Neutral
Price Target:
C$3.00
▲(18.11% Upside)
Action:ReiteratedDate:02/04/26
The score is held down primarily by weak financial performance (no revenue, widening losses, and continued cash burn implying funding risk). This is partially offset by stronger technicals, with the stock trading above key longer-term moving averages and neutral-to-positive momentum indicators. Valuation remains challenging due to the negative P/E tied to ongoing losses.
Positive Factors
Low leverage / minimal debt
Minimal debt (debt-to-equity ~0.01 in 2024 and ~0.003 TTM) reduces refinancing and interest-burden risk for a non-producing miner. This durable balance-sheet conservatism increases financial flexibility to support exploration, permitting and project-stage activities with lower fixed-charge pressure.
Negative Factors
No revenue; widening losses
The company reports no revenue and sustained net losses (~- $9.5M in 2024 and ~- $9.1M TTM). Without operating income, NCX must rely on external capital to fund operations and project advancement, limiting self-funding ability and increasing execution risk over months to years.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / minimal debt
Minimal debt (debt-to-equity ~0.01 in 2024 and ~0.003 TTM) reduces refinancing and interest-burden risk for a non-producing miner. This durable balance-sheet conservatism increases financial flexibility to support exploration, permitting and project-stage activities with lower fixed-charge pressure.
Read all positive factors
NorthIsle Copper and Gold (NCX) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$912.19M
Dividend YieldN/A
Average Volume (3M)444.75K
Price to Earnings (P/E)―
Beta (1Y)1.10
Revenue GrowthN/A
EPS Growth11.83%
CountryCA
Employees10
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.01
Shares Outstanding331,705,440
10 Day Avg. Volume374,129
30 Day Avg. Volume444,749
Financial Highlights & Ratios
PEG Ratio-0.22
Price to Book (P/B)6.33
Price to Sales (P/S)0.00
P/FCF Ratio-11.65
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)N/A
Revenue Forecast (FY)N/A
NorthIsle Copper and Gold Business Overview & Revenue Model
Company Description
NorthIsle Copper and Gold Inc. engages in the exploration and development of mineral properties in Canada. The company explores for copper, gold, molybdenum, and rhenium deposits. Its principal property is the North Island project consisting of ap...
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 p...
NorthIsle Copper and Gold Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -38.70K | -7.41K | -5.54M | -62.52K | -62.52K | 0.00 |
| EBITDA | -11.34M | ― | -7.47M | -7.60M | -5.29M | -1.24M |
| Net Income | -9.05M | -9.51M | -5.35M | -6.66M | -5.23M | -1.19M |
Balance Sheet | ||||||
| Total Assets | 50.68M | 20.08M | 18.00M | 16.72M | 16.64M | 13.04M |
| Cash, Cash Equivalents and Short-Term Investments | 39.36M | 9.48M | 7.54M | 5.89M | 5.90M | 2.94M |
| Total Debt | 136.53K | 170.60K | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 5.30M | 3.24M | 1.38M | 3.08M | 813.56K | 162.31K |
| Stockholders Equity | 45.38M | 16.84M | 16.62M | 13.64M | 15.83M | 12.88M |
Cash Flow | ||||||
| Free Cash Flow | -10.72M | -9.15M | -6.51M | -7.23M | -5.66M | -556.76K |
| Operating Cash Flow | -10.48M | -9.15M | -6.51M | -7.23M | -5.52M | -556.76K |
| Investing Cash Flow | -239.29K | 0.00 | 0.00 | 108.17K | -391.74K | 0.00 |
| Financing Cash Flow | 46.71M | 11.08M | 8.17M | 7.21M | 8.76M | 3.12M |
NorthIsle Copper and Gold Technical Analysis
Positive
2.54
Price Trends
2.97
Negative
2.61
Positive
1.96
Positive
Market Momentum
-0.10
Positive
45.34
Neutral
31.36
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 2.54 is below the 20-day moving average (MA) of 2.94, below the 50-day MA of 2.97, and above the 200-day MA of 1.96, indicating a neutral trend. The MACD of -0.10 indicates Positive momentum. The RSI at 45.34 is Neutral, neither overbought nor oversold. The STOCH value of 31.36 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 (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
52 Neutral | C$691.03M | -156.09 | -1.92% | ― | ― | 41.98% | |
52 Neutral | C$682.37M | -16.45 | -89.14% | ― | ― | -23.64% | |
51 Neutral | C$912.19M | -35.22 | -39.41% | ― | ― | 11.83% | |
48 Neutral | C$913.19M | -30.84 | -31.25% | ― | ― | -130.77% | |
43 Neutral | C$400.33M | -55.66 | -8.12% | ― | ― | -572.97% | |
41 Neutral | C$620.04M | -11.88 | -74.52% | ― | ― | -58.77% |
* Basic Materials Sector Average
TSE:NCX
NorthIsle Copper and Gold
2.62
1.84
235.26%
TSE:WRN
Western Copper
3.26
1.59
95.21%
TSE:MNO
Meridian Mining SE
1.55
0.88
131.34%
TSE:GQC
GoldQuest Mining
2.25
1.85
455.56%
TSE:UCU
Ucore Rare Metals
5.28
4.18
380.00%
TSE:ALDE
Aldebaran Resources Inc
2.02
0.06
3.06%
NorthIsle Copper and Gold Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Northisle Maps Out 2026 PFS-Driven Growth Plan After Transformational Year at North Island
Positive
Jan 21, 2026
Northisle Copper and Gold has outlined a 2026 execution plan centered on advancing its North Island Project toward a pre-feasibility study, following what it describes as a transformational 2025 marked by its largest-ever field program. The compan...
Business Operations and Strategy
Northisle Expands West Goodspeed Mineralization Footprint in 2025 Drilling Campaign
Positive
Nov 17, 2025
Northisle Copper and Gold Inc. has announced significant progress in its 2025 exploration campaign at the West Goodspeed target, part of the North Island Project. The drilling results have expanded the mineralization footprint to over 1.2 kilomete...
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.