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NV Gold (TSE:NVX)
:NVX

NV Gold (NVX) AI Stock Analysis

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NV Gold

(NVX)

41Neutral
NV Gold's overall stock score reflects significant financial challenges and valuation concerns, with consistent losses and a negative P/E ratio. Technical indicators show some short-term upward momentum, but long-term trends remain negative. The company's financial position requires strategic improvements for future viability.

NV Gold (NVX) vs. S&P 500 (SPY)

NV Gold Business Overview & Revenue Model

Company DescriptionNV Gold (NVX) is a mineral exploration company focused on discovering and developing gold properties. Operating primarily in North America, the company engages in the identification, acquisition, and exploration of mineral properties with the potential for gold deposits. NV Gold leverages a portfolio of projects, utilizing advanced geological techniques and strategic partnerships to enhance its exploration efforts.
How the Company Makes MoneyNV Gold makes money through the exploration and potential development of gold mining projects. The company generates revenue primarily by selling stakes in its exploration projects to larger mining companies or by entering into joint ventures. These partnerships often involve larger mining companies funding further exploration and development in exchange for a portion of the project's future output. Additionally, NV Gold may earn income from the sale of mineral claims or property rights once significant exploration milestones are achieved. The company's revenue model is highly dependent on the successful discovery of economically viable gold deposits and favorable market conditions for gold prices.

NV Gold Financial Statement Overview

Summary
NV Gold's financial performance is concerning with no revenue and ongoing losses. The income statement reflects high operational costs and financial distress. The balance sheet shows limited leverage but declining equity, while cash flow indicates reliance on external financing.
Income Statement
20
Very Negative
NV Gold's income statement shows persistent challenges with profitability. The company has reported no revenue over multiple periods, indicating potential issues in monetization or product market fit. The negative EBIT and net income margins reflect high operational costs and financial distress. Consistent losses highlight the need for strategic adjustments to improve financial health.
Balance Sheet
35
Negative
The balance sheet indicates a high equity ratio, suggesting limited financial leverage and potential room for debt financing. However, declining stockholders' equity over time points to sustained operational losses. The increase in total debt and liabilities raises concerns about financial stability and liquidity.
Cash Flow
30
Negative
NV Gold's cash flow statement reveals negative free cash flow, a sign of insufficient cash to cover capital expenditures. The high reliance on financing cash flow to sustain operations is unsustainable long-term. The company must enhance its operational efficiency to improve cash generation.
Breakdown
TTMSep 2023Sep 2022Sep 2021Sep 2020Sep 2019
Income StatementTotal Revenue
0.000.000.000.000.000.00
Gross Profit
-2.15K-119.36K0.000.000.000.00
EBIT
-351.82K-1.11M-935.22K-1.96M-921.51K-971.08K
EBITDA
-116.09K-1.11M-935.22K-1.96M-921.51K-971.08K
Net Income Common Stockholders
-511.25K-2.74M-1.25M-5.55M-1.21M-3.68M
Balance SheetCash, Cash Equivalents and Short-Term Investments
65.88K56.81K1.29M3.51M3.33M955.88K
Total Assets
3.68M3.68M5.49M6.69M7.78M4.46M
Total Debt
641.10K323.48K0.000.000.000.00
Net Debt
575.21K266.66K-1.29M-3.51M-3.33M-955.88K
Total Liabilities
698.95K364.54K65.50K181.03K140.16K97.01K
Stockholders Equity
2.98M3.31M5.42M6.51M7.64M4.36M
Cash FlowFree Cash Flow
-399.51K-1.99M-2.16M-3.49M-1.46M-1.43M
Operating Cash Flow
-185.47K-915.86K-457.95K-1.29M-642.43K-751.76K
Investing Cash Flow
-214.03K-1.06M-1.74M-2.16M-1.11M-702.16K
Financing Cash Flow
308.91K742.15K-11.94K3.62M4.13M1.01M

NV Gold Technical Analysis

Technical Analysis Sentiment
Neutral
Last Price0.19
Price Trends
50DMA
0.17
Positive
100DMA
0.19
Negative
200DMA
0.23
Negative
Market Momentum
MACD
<0.01
Negative
RSI
53.13
Neutral
STOCH
47.62
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NVX, the sentiment is Neutral. The current price of 0.19 is above the 20-day moving average (MA) of 0.17, above the 50-day MA of 0.17, and below the 200-day MA of 0.23, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 53.13 is Neutral, neither overbought nor oversold. The STOCH value of 47.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:NVX.

NV 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
TSKNT
79
Outperform
C$2.92B18.5926.82%77.93%236.93%
47
Neutral
$2.64B-3.21-21.68%3.30%4.19%-30.23%
TSGFG
47
Neutral
C$53.83M32.314.96%
TSNVX
41
Neutral
C$1.80M-16.65%82.32%
TSAOT
39
Underperform
C$108.24M-8.07%-101.02%
TSBTR
31
Underperform
C$36.72M-91.29%7.15%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:NVX
NV Gold
0.18
-0.04
-18.18%
TSE:KNT
K92 Mining
12.01
5.06
72.81%
TSE:AOT
Ascot Resources
0.11
-0.68
-86.08%
TSE:GFG
GFG Resources
0.21
0.13
162.50%
TSE:BTR
BonTerra Resources
0.22
-0.04
-15.38%

NV Gold Corporate Events

Executive/Board ChangesBusiness Operations and Strategy
NV Gold’s CEO Increases Stake, Becomes Control Person
Neutral
Mar 26, 2025

NV Gold Corporation announced that John Watson, its President, Chairman, CEO, and director, has increased his equity stake in the company by exercising 100,000 common share purchase warrants, generating $30,000 in proceeds. This move elevates Mr. Watson to a ‘Control Person’ status within the company, with his ownership now representing 20.25% of the company’s issued and outstanding shares. The company has secured the necessary shareholder approval for this change, which could impact its operations and governance.

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.