NuLegacy Gold (NUG) AI Stock Analysis

• Market Cap: C$1.06M
• Dividend Yield: N/A
• Average Volume (3M): 2.19K
• Price to Earnings (P/E): ―
• Beta (1Y): -0.71
• Revenue Growth: N/A
• EPS Growth: 99.38%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): -0.03
• Shares Outstanding: 2,895,097
• 10 Day Avg. Volume: 2,766
• 30 Day Avg. Volume: 2,194
• PEG Ratio: >-0.01
• Price to Book (P/B): 203.73
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -183.00
• 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
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 41 Neutral
• Price Target: C$0.36 ▼(-10.50% Downside)

The score is primarily constrained by weak financial performance: no revenue, persistent losses, and ongoing cash burn, compounded by a sharp 2025 deterioration in net loss and equity/assets despite having no debt. Technicals add modest support from neutral RSI and low Stoch, but the stock remains below key moving averages with a negative MACD. Valuation provides limited help because the negative P/E reflects continuing losses and no dividend yield is available.

NuLegacy Gold Business Overview & Revenue Model

Company Description

NuLegacy Gold (NUG) is a mineral exploration company specializing in the acquisition and development of gold mining properties. Headquartered in Canada, the company primarily focuses on exploring and advancing gold projects located in Nevada, USA, which is one of the most prolific gold-producing regions in the world. NuLegacy Gold's core service is the exploration of its Red Hill Project, where it aims to discover and delineate significant gold resources.

How the Company Makes Money

NuLegacy Gold makes money through its mineral exploration activities, primarily by increasing the value of its mining claims and properties through successful exploration and resource identification. The company seeks to enhance shareholder value by making significant gold discoveries, which can then be monetized through various means such as selling the developed projects to larger mining companies, forming joint ventures, or entering into royalty agreements. Partnerships with other exploration and mining firms can also contribute to its revenue by sharing exploration costs and risks while retaining a stake in any future discoveries. The company's financial performance is largely dependent on the successful exploration and development of its projects and prevailing gold market conditions.

NuLegacy Gold Financial Statement Overview

Summary

NuLegacy Gold is facing significant financial challenges with no revenue generation and continuous losses. The balance sheet shows limited liabilities but declining equity and assets, indicating financial strain. Cash flows are negative, raising concerns about operational viability and long-term sustainability.

Income Statement

NuLegacy Gold has consistently reported zero revenue, which is concerning for long-term profitability and sustainability. The company shows negative gross profit and net income, indicating financial distress. The absence of revenue growth further exacerbates the situation, with continuous net losses and negative EBIT and EBITDA margins, reflecting ongoing operational challenges.

Balance Sheet

The company maintains a low debt profile with zero total debt, which is a positive aspect. However, the declining stockholders' equity and total assets over time suggest weakening financial stability. The equity ratio is decreasing, indicating potential risks in asset management.

Cash Flow

NuLegacy Gold's cash flow statements reveal negative operating and free cash flows, with no signs of improvement. The lack of positive cash generation poses significant concerns for sustaining operations. The company relies on financing activities to manage operations, which is unsustainable in the long term.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-8.91K	-8.91K	-45.48K	-71.71K	-126.50K	-81.95K
EBITDA	-581.42K	-487.52K	-1.38M	-1.71M	-2.17M	-2.17M
Net Income	-47.30M	-47.28M	-1.46M	-1.49M	-2.57M	-3.40M
Balance Sheet
Total Assets	784.31K	784.31K	46.60M	46.79M	47.94M	50.22M
Cash, Cash Equivalents and Short-Term Investments	110.39K	110.39K	203.77K	1.98M	5.21M	15.77M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	452.99K	452.99K	265.23K	166.37K	169.89K	648.00K
Stockholders Equity	331.33K	331.33K	46.34M	46.62M	47.77M	49.57M
Cash Flow
Free Cash Flow	-368.86K	-368.84K	-3.01M	-3.40M	-10.36M	-7.41M
Operating Cash Flow	-368.84K	-368.84K	-1.35M	-1.38M	-2.05M	-2.57M
Investing Cash Flow	-162.40K	-162.40K	-1.52M	-2.02M	-8.39M	-4.84M
Financing Cash Flow	432.27K	432.27K	1.10M	0.00	0.00	17.83M

NuLegacy Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
AIS	48 Neutral	C$1.44M	-0.67	―	―	-2373.01%	53.68%
NUG	41 Neutral	C$1.06M	-3.30	-88.34%	―	―	99.38%
GRAY	41 Neutral	C$572.32K	-4.02	―	―	―	44.88%

NuLegacy Gold Corporate Events

NuLegacy Gold Announces Share Consolidation to Optimize Capital Structure

NuLegacy Gold Corporation has announced a share consolidation effective October 27, 2025, where ten pre-consolidation shares will be converted into one post-consolidation share. This move will reduce the total number of shares from approximately 28.95 million to 2.89 million, impacting the company’s share structure while maintaining the same name and stock symbol. The consolidation is expected to streamline the company’s capital structure and potentially enhance its market positioning by adjusting outstanding stock options and convertible securities accordingly.