NV Gold (NVX) AI Stock Analysis

• Market Cap: C$6.78M
• Dividend Yield: N/A
• Average Volume (3M): 20.69K
• Price to Earnings (P/E): ―
• Beta (1Y): -1.35
• Revenue Growth: N/A
• EPS Growth: -40.12%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): N/A
• Shares Outstanding: 24,202,215
• 10 Day Avg. Volume: 32,571
• 30 Day Avg. Volume: 20,691
• PEG Ratio: -0.02
• Price to Book (P/B): 0.71
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -9.87
• 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: 48 Neutral
• Price Target: C$0.24 ▲(15.71% Upside)
• Action: Reiterated Date: 01/30/26
• Date: Action: Reiterated 01/30/26

Overall score is held down primarily by weak financial performance (nil revenue, persistent losses, and negative free cash flow suggesting continued funding needs). Technicals are supportive with price above key moving averages and positive MACD, but overbought momentum signals add risk. Valuation is constrained by negative earnings and the absence of a dividend.

Positive Factors

Balance Sheet Strength

Low total debt and positive equity reduce financial strain for an exploration company. Modest leverage improves flexibility to fund targeted programs or negotiate partnerships without immediate distress, lengthening runway and lowering short-to-medium term insolvency risk.

Strategic Project Jurisdiction

Operating in Nevada provides structural advantages: world-class geology, established permitting and infrastructure, and proximity to service providers and potential partners. These factors increase the odds of attracting joint ventures or buyers for advanced targets over the next 2–6 months to years.

Improving Cash Burn Trend

A meaningful moderation in cash burn and improvement in free cash flow extends the company's operational runway and reduces the immediacy of financing needs. That trend supports completion of exploration milestones and improves negotiating leverage with potential partners.

Negative Factors

No Revenue / Persistent Losses

Lack of operating revenue means NV Gold cannot self-fund growth or exploration; sustained net losses erode equity and compel external funding. Over months this amplifies execution risk since progress depends on capital access rather than internally generated cash.

Negative Cash Flow Requires Funding

Persistent negative operating and free cash flow necessitate recurrent financings or asset transactions. Repeated capital raises are dilutive, can delay project timelines, and increase the probability that exploration plans are scaled back if markets or partner interest weaken.

Business Model Reliant on External Financing

As an early-stage explorer without producing assets, NV Gold's model is binary and capital intensive. Success depends on drill results and securing partners or buyers; structural reliance on equity markets makes long-term plan execution vulnerable to financing availability and market cycles.

NV Gold Business Overview & Revenue Model

Company Description

NV Gold Corporation, a junior exploration company, identifies, acquires, and explores for mineral properties in the United States and Switzerland. The company explores for gold, silver, and precious metal deposits. The company holds 100% interests in 11 exploration projects in Nevada, as well as AngloGold-Ashanti database. It also holds interests in the Cooks Creek project located in Lander County, Nevada; the Frazier Dome project situated in Nye County, Nevada; the Swiss Permits located within the Communes of Medel/Lucmagn, Disentis/Muster, and Sumvitg in Canton Graubunden, and southeastern Switzerland; the Slumber Gold Project situated in Humboldt County, Nevada; the Green Gold project located in Pershing County, Nevada; the SW Pipe project situated in Lander County, Nevada; the Sandy Gold project located in Lyon County, Nevada; the Cone project situated in Eureka County, Nevada; the Darby Flats Project located in Elko County, Nevada; and the Silver District project situated in La Paz County, Arizona. NV Gold Corporation was incorporated in 2007 and is based in Vancouver, Canada.

How the Company Makes Money

NV Gold Corporation makes money through the exploration and potential development of gold mining projects. The company's primary revenue streams are derived from the discovery and sale of mineral properties, as well as joint ventures or partnerships with other mining companies. In some cases, NV Gold may enter into agreements where it earns income from option payments or by selling stakes in its projects to third parties. The company's earnings are influenced by factors such as gold market prices, exploration success, and the ability to attract investment or strategic partnerships to advance its projects toward production.

NV Gold Financial Statement Overview

Summary

Financial profile remains weak: revenue is effectively nil and the company continues to post sizeable operating and net losses (TTM net loss ~1.45M). The balance sheet is a relative bright spot with low debt and positive equity, but equity has declined and returns are deeply negative. Cash flow is still negative (TTM operating cash flow ~-0.23M; free cash flow ~-0.27M), implying ongoing funding needs despite moderated burn versus prior years.

Income Statement

Operating performance remains weak. Revenue is effectively nil in recent periods (including TTM (Trailing-Twelve-Months)), and the company continues to generate sizeable operating losses and net losses (TTM net loss of ~1.45M). Losses improved versus 2023–2024, but profitability is still firmly negative and there is no clear top-line traction to support a sustained turnaround.

Balance Sheet

Balance sheet is a relative bright spot due to modest leverage and positive equity. TTM shows low total debt and a low debt load relative to equity, which reduces financial strain. However, equity has declined versus earlier years and returns are deeply negative, indicating ongoing value erosion until operations stabilize.

Cash Flow

Cash generation is pressured, with operating cash flow and free cash flow negative in TTM (Operating cash flow ~-0.23M; free cash flow ~-0.27M). Cash burn has moderated meaningfully compared with 2021–2023, and free cash flow has recently improved versus the prior annual period, but cash flow still does not cover losses and points to continued funding needs if the pattern persists.

Breakdown	Nov 2025	Aug 2024	Nov 2023	Nov 2022	Nov 2021
Income Statement
Total Revenue	0.00	0.00	0.00	201.43K	153.00K
Gross Profit	0.00	-56.33K	-119.36K	0.00	0.00
EBITDA	-1.38M	-522.60K	-1.11M	-935.22K	-1.96M
Net Income	-1.42M	-584.42K	-2.74M	-1.25M	-5.55M
Balance Sheet
Total Assets	3.10M	3.60M	3.68M	5.49M	6.69M
Cash, Cash Equivalents and Short-Term Investments	41.16K	31.20K	56.81K	1.29M	3.51M
Total Debt	194.12K	601.38K	323.48K	0.00	0.00
Total Liabilities	325.58K	740.09K	364.54K	65.50K	181.03K
Stockholders Equity	2.78M	2.86M	3.31M	5.42M	6.51M
Cash Flow
Free Cash Flow	-201.08K	-269.55K	-1.99M	-2.16M	-3.49M
Operating Cash Flow	-201.08K	-41.71K	-915.86K	-457.95K	-1.29M
Investing Cash Flow	-378.04K	-227.84K	-1.06M	-1.74M	-2.16M
Financing Cash Flow	589.07K	243.94K	742.15K	-11.94K	3.62M

NV Gold Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.21
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NVX, the sentiment is Positive. The current price of 0.21 is below the 20-day moving average (MA) of 0.26, below the 50-day MA of 0.24, and above the 200-day MA of 0.18, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 59.84 is Neutral, neither overbought nor oversold. The STOCH value of 47.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:NVX.

NV 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%
ARQ	60 Neutral	C$7.62M	19.73	-6.09%	―	-15.28%	-122.22%
NVX	48 Neutral	C$6.78M	-8.71	-50.32%	―	―	-40.12%
GUG	47 Neutral	C$6.58M	-7.08	-15.09%	―	―	-13.33%
FG	45 Neutral	C$2.67M	-2.02	―	―	―	-133.33%
XIM	43 Neutral	C$4.31M	-1.77	―	―	―	45.20%
GCN	42 Neutral	C$4.04M	-11.83	-75.44%	―	―	-64.52%

NV Gold Corporate Events

NV Gold Raises $645,000 in Completed Private Placement to Fund Exploration

NV Gold Corporation has closed a non-brokered private placement, issuing 3,225,000 units at $0.20 per unit for gross proceeds of $645,000, with each unit comprising one common share and a transferable warrant exercisable at $0.50 for two years. The financing, which included a small finder’s fee and participation by an insider under MI 61-101 exemptions, is intended for general working capital, modestly strengthening NV Gold’s balance sheet as it advances its Nevada-focused exploration portfolio.

The warrants are subject to an acceleration clause if the share price trades above $0.50 for three consecutive days after the statutory hold period, potentially pulling forward additional capital if market conditions improve. The completed placement underscores continuing investor support for the early-stage explorer and provides incremental funding to pursue its key projects in a challenging but opportunity-rich junior mining environment.

The most recent analyst rating on (TSE:NVX) stock is a Hold with a C$0.34 price target. To see the full list of analyst forecasts on NV Gold stock, see the TSE:NVX Stock Forecast page.

NV Gold Launches $1 Million Non-Brokered Private Placement to Fund Exploration

NV Gold Corporation has launched a non-brokered private placement of up to 5 million units at $0.20 per unit, targeting gross proceeds of up to $1 million, with each unit comprising one common share and a two-year warrant exercisable at $0.50. The financing, which may include insider participation and remains subject to TSX Venture Exchange approval and a standard four-month-plus-one-day hold period, is intended to bolster the company’s general working capital, supporting its ongoing exploration activities and positioning it to advance its priority Nevada projects in a capital-intensive exploration environment.

The most recent analyst rating on (TSE:NVX) stock is a Sell with a C$0.20 price target. To see the full list of analyst forecasts on NV Gold stock, see the TSE:NVX Stock Forecast page.

NV Gold Raises $416,000 in Private Placement to Support Exploration Plans

NV Gold Corporation has closed a non-brokered private placement, raising gross proceeds of approximately $415,800 through the issuance of just over 2.0 million units priced at $0.20, each unit comprising one common share and a transferable warrant exercisable at $0.50 for two years, with an acceleration clause tied to share price performance. The company plans to use the funds for general working capital, reinforcing its financial flexibility as it advances a multi-project gold exploration portfolio in Nevada and Switzerland, a move that may help sustain operational momentum and support its stated objective of delivering value through mineral discoveries in 2026.

The most recent analyst rating on (TSE:NVX) stock is a Sell with a C$0.20 price target. To see the full list of analyst forecasts on NV Gold stock, see the TSE:NVX Stock Forecast page.

NV Gold Raises $415,800 in Private Placement to Fund Exploration and Working Capital

NV Gold Corporation has launched a non-brokered private placement of 2,079,002 units at $0.20 per unit to raise gross proceeds of approximately $415,800. Each unit comprises one common share and one transferable warrant exercisable at $0.50 for two years, with all securities subject to a four-month-plus-one-day hold period and the financing contingent on stock exchange approval. The company plans to use the proceeds for general working capital, a move that should support ongoing exploration activities and operational flexibility as it advances its priority projects in Nevada and maintains its position as a focused junior gold explorer.

The most recent analyst rating on (TSE:NVX) stock is a Hold with a C$0.19 price target. To see the full list of analyst forecasts on NV Gold stock, see the TSE:NVX Stock Forecast page.

NV Gold Grants 700,000 Stock Options to Management and Staff

NV Gold Corporation has granted 700,000 stock options to certain directors, officers and employees, exercisable at $0.22 per share for five years under its stock option plan, subject to regulatory approval. The move underscores the company’s use of equity-based incentives to align management and staff with shareholder interests as it seeks to advance its portfolio of exploration projects in Nevada and Switzerland and position itself for a potentially active 2026 exploration program.

The most recent analyst rating on (TSE:NVX) stock is a Hold with a C$0.19 price target. To see the full list of analyst forecasts on NV Gold stock, see the TSE:NVX Stock Forecast page.