Newfoundland Discovery Corp (NEWD) AI Stock Analysis

• Market Cap: C$559.36K
• Dividend Yield: N/A
• Average Volume (3M): 12.82K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.42
• Revenue Growth: N/A
• EPS Growth: -219.47%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Gold
• EPS (TTM): -1.25
• Shares Outstanding: 9,322,647
• 10 Day Avg. Volume: 20,289
• 30 Day Avg. Volume: 12,821
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -3.00
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Newfoundland Discovery Corp scores low due to significant financial challenges, including zero revenue and continuous losses. Technical indicators show a bearish trend, and valuation metrics offer little appeal with a negative P/E ratio and no dividend yield. These factors collectively suggest a high-risk investment with limited upside potential at present.

Newfoundland Discovery Corp Business Overview & Revenue Model

Company Description

Newfoundland Discovery Corp (NEWD) is a dynamic exploration and development company operating within the mineral resources sector. Focused on the discovery and development of precious and base metal deposits, the company leverages modern geological techniques and strategic partnerships to advance its projects primarily located in Newfoundland and Labrador, Canada. NEWD is committed to sustainable and responsible mining practices, aiming to contribute to the economic growth of the regions in which it operates.

How the Company Makes Money

Newfoundland Discovery Corp primarily generates revenue through the exploration and development of mineral resources, specifically targeting precious and base metals. The company's key revenue streams include the acquisition and sale of mineral rights, joint venture agreements with other mining companies, and the eventual extraction and sale of discovered mineral deposits. Significant partnerships with larger mining firms often provide additional funding and technical expertise, enhancing the company’s ability to bring projects to production. Furthermore, NEWD may also earn income from strategic investments in related mineral exploration companies, diversifying its revenue sources and minimizing risk.

Newfoundland Discovery Corp Financial Statement Overview

Summary

Newfoundland Discovery Corp exhibits financial instability with no revenue generation and recurring losses. While the lack of debt is positive, continued losses and cash flow issues pose significant risks. The company needs strategic financial management to improve its outlook.

Income Statement

The company has not generated any revenue over the observed periods, resulting in negative EBIT and net income, indicative of financial instability and a lack of profitability. The lack of revenue makes it difficult to assess any growth or profitability trends, impacting the overall score negatively.

Balance Sheet

The balance sheet shows no debt, which is a positive aspect, but also indicates declining stockholders' equity, suggesting potential financial challenges. The equity ratio remains fairly strong, but the continuous depletion of assets raises concerns about long-term viability.

Cash Flow

The company consistently reports negative operating and free cash flows, indicating inefficiencies in operations and a potential liquidity risk. The absence of financing activities recently suggests limited external financial support, impacting the cash flow score.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
0.00	0.00	―	0.00	―	0.00
	EBIT
-382.35K	-601.69K	-281.38K	-1.19M	-2.50M	-289.83K
	EBITDA
-8.71M	-569.74K	-281.38K	-1.40M	-2.11M	-281.07K
	Net Income Common Stockholders
-11.87M	-12.98M	-2.30M	-977.06K	-1.73M	-402.00K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
5.25K	272.67K	805.87K	1.58M	3.44M	55.05K
	Total Assets
2.22M	1.08M	14.10M	12.26M	9.71M	4.22M
	Total Debt
0.00	0.00	0.00	0.00	0.00	0.00
	Net Debt
-5.25K	-272.67K	-805.87K	-1.58M	-3.44M	-55.05K
	Total Liabilities
245.93K	540.92K	571.01K	483.99K	895.66K	483.70K
	Stockholders Equity
1.98M	542.88K	13.53M	11.77M	8.81M	3.74M
Cash Flow		Free Cash Flow
-441.64K	-744.05K	-2.24M	-2.64M	-3.33M	-422.56K
	Operating Cash Flow
-407.29K	-727.00K	-223.21K	-903.91K	-2.15M	-329.32K
	Investing Cash Flow
176.51K	193.81K	-1.24M	-1.73M	-1.03M	-93.25K
	Financing Cash Flow
0.00	0.00	686.15K	780.12K	5.01M	1.96M

Newfoundland Discovery Corp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.06
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NEWD, the sentiment is Negative. The current price of 0.06 is below the 20-day moving average (MA) of 0.07, below the 50-day MA of 0.08, and below the 200-day MA of 0.10, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 41.67 is Neutral, neither overbought nor oversold. The STOCH value of >-0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:NEWD.

Newfoundland Discovery Corp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MET	50 Neutral	C$4.60M	―	-13.79%	―	-20.94%	55.51%
Sector *	47 Neutral	$2.36B	-2.99	-21.59%	3.58%	4.21%	-28.30%
PRB	44 Neutral	C$320.89M	―	-109.44%	―	―	10.27%
NRM	37 Underperform	C$12.08M	―	-42.96%	―	―	72.76%
GEM	32 Underperform	C$2.22M	―	-57.97%	―	―	53.47%
SIC	31 Underperform	C$13.26M	23.81	-55.65%	―	―	-51.30%
NEWD	27 Underperform	C$559.36K	―	-205.13%	―	―	-219.47%

Newfoundland Discovery Corp Corporate Events

Newfoundland Discovery Plans Share Consolidation Move

Newfoundland Discovery Corp. is set to implement a 1-for-10 share consolidation, which will take effect on November 6, 2024, when the shares begin trading on the Canadian Securities Exchange on a consolidated basis. The company’s focus remains on exploring and developing mineral assets in Canadian mining districts, including lithium and precious metals projects.

Newfoundland Discovery Corp. Announces Share Consolidation

Newfoundland Discovery Corp. has announced a consolidation of its common shares, exchanging twenty pre-consolidated shares for one post-consolidated share, resulting in 4,661,333 shares outstanding. The company’s name and stock symbol will remain unchanged, pending approval from the Canadian Securities Exchange.