NV Gold (NVX) AI Stock Analysis

• Market Cap: C$7.02M
• Dividend Yield: N/A
• Average Volume (3M): 20.69K
• Price to Earnings (P/E): ―
• Beta (1Y): -1.28
• 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$0.28 ▲(31.90% Upside)

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

Modest leverage and positive equity reduce solvency risk for an exploration firm, providing structural financial flexibility. This supports continued drilling, claim maintenance, and the ability to pursue or farm-out projects without immediate insolvency, preserving optionality.

Reduced Cash Burn

A meaningful moderation in cash burn and recent free cash flow improvement lengthens the company runway. For an equity-funded explorer, lower ongoing outflows reduce near-term financing urgency and make it easier to advance targets or negotiate partner deals without immediate dilutive raises.

Nevada-Focused Asset Base

Concentration in Nevada—one of the world's premier, mining‑friendly gold jurisdictions—improves structural prospectivity and access to experienced service providers and infrastructure. This enhances discovery odds and partner interest versus remote or less-prospective regions.

Negative Factors

No Revenue / Persistent Losses

Absence of operating revenue and ongoing net losses mean the firm cannot self-fund growth, relying on external capital to sustain exploration. Over months, persistent unprofitability erodes equity and limits the company’s ability to demonstrate commercial viability or fund larger drill campaigns independently.

Negative Cash Flow & Funding Needs

Negative operating and free cash flow indicate exploration expenditures exceed internal resources, creating a structural funding gap. This necessitates recurring financings or asset disposals, increasing dilution risk and forcing management to balance capital-raising with project advancement priorities.

Reliance on Equity Financing

Dependence on equity issuance for funding creates ongoing dilution risk and ties progression of projects to capital market conditions. Without producing assets or royalties, long-term advancement and partner leverage depend on continued access to financing and successful transaction execution.

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	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 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: Negative

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 0.23, above the 50-day MA of 0.21, and above the 200-day MA of 0.17, indicating a bullish trend. The MACD of 0.02 indicates Negative momentum. The RSI at 63.87 is Neutral, neither overbought nor oversold. The STOCH value of 88.51 is Negative, 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	-87.50	-6.09%	―	-15.28%	-122.22%
NVX	48 Neutral	C$7.02M	-3.23	-50.32%	―	―	-40.12%
GUG	47 Neutral	C$5.38M	-8.82	-15.09%	―	―	-13.33%
XIM	47 Neutral	C$4.89M	-1.49	―	―	―	45.20%
FG	46 Neutral	C$3.56M	-1.87	―	―	―	-133.33%
GCN	27 Underperform	C$5.32M	-14.71	-75.44%	―	―	-64.52%

NV Gold Corporate Events

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.

NV Gold Completes Debt Settlement and Finalizes Private Placement

NV Gold Corporation has successfully closed its debt settlement and the second and final tranche of a non-brokered private placement, raising approximately $666,199 in total. The funds will be used for exploration at the Slumber Gold Project and general corporate purposes, enhancing NV Gold’s operational capabilities and market positioning in the exploration sector.

NV Gold Closes First Tranche of Private Placement

NV Gold Corporation has successfully closed the first tranche of its non-brokered private placement, raising $616,199 through the issuance of 3,423,330 units. The proceeds will be used for exploration at the Slumber Gold Project and general corporate purposes. The transaction involved insider participation and was completed under exemptions from formal valuation and minority shareholder approval requirements. The securities issued are subject to a statutory hold period and are not registered under U.S. securities laws.