NV Gold (NVX) AI Stock Analysis

• Market Cap: C$1.31M
• Dividend Yield: N/A
• Average Volume (3M): 8.38K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.13
• Revenue Growth: N/A
• EPS Growth: 85.92%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Gold
• EPS (TTM): -0.04
• Shares Outstanding: 10,074,546
• 10 Day Avg. Volume: 1,810
• 30 Day Avg. Volume: 8,381
• PEG Ratio: -0.17
• Price to Book (P/B): 0.45
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -5.21
• 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

NV Gold's overall stock score is primarily dragged down by its poor financial performance and negative technical indicators. The lack of revenue and profitability poses significant risks, while bearish market signals further weigh on the stock's outlook. Its valuation metrics do not provide any positive offset, leading to a low overall score.

NV Gold Business Overview & Revenue Model

Company Description

NV Gold Corporation (NVX) is a mining exploration company focused on gold exploration in North America. The company is primarily engaged in identifying, acquiring, and developing gold projects with a particular emphasis on Nevada, USA, a region known for its prolific gold production. NV Gold aims to leverage its extensive geological expertise and strategic property portfolio to discover and develop economically viable gold deposits.

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

NV Gold faces significant financial challenges with zero revenue, consistent net losses, and negative cash flows. The company's strong equity base is overshadowed by operational inefficiencies and lack of profitability.

Income Statement

NV Gold has consistently reported zero revenue over the years, resulting in negative net income figures. The TTM data shows a negative net income, indicating no improvement in profitability. The lack of revenue growth and high operational losses are major concerns.

Balance Sheet

The company's balance sheet shows a significant stockholders' equity, but it is offset by the ongoing accumulation of net losses. The debt-to-equity ratio remains low due to minimal debt, yet the company's equity has been decreasing due to consistent losses.

Cash Flow

NV Gold's cash flow statement indicates negative operating cash flow and free cash flow, with no signs of improvement over the TTM period. The reliance on financing cash flow for operations presents a risk, and the lack of positive cash flow generation is concerning.

Breakdown
TTM	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-2.15K	0.00	-119.36K	0.00	0.00	0.00
	EBIT
-229.74K	-581.24K	-1.11M	-935.22K	-1.96M	-921.51K
	EBITDA
-9.89K	-522.60K	-1.11M	-935.22K	-1.96M	-921.51K
	Net Income Common Stockholders
-405.50K	-584.42K	-2.74M	-1.25M	-5.55M	-1.21M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
47.96K	31.20K	56.81K	1.29M	3.51M	3.33M
	Total Assets
3.67M	3.60M	3.68M	5.49M	6.69M	7.78M
	Total Debt
677.77K	601.38K	323.48K	0.00	0.00	0.00
	Net Debt
629.81K	570.18K	266.66K	-1.29M	-3.51M	-3.33M
	Total Liabilities
761.92K	740.09K	364.54K	65.50K	181.03K	140.16K
	Stockholders Equity
2.90M	2.86M	3.31M	5.42M	6.51M	7.64M
Cash Flow		Free Cash Flow
-251.60K	-269.55K	-1.99M	-2.16M	-3.49M	-1.46M
	Operating Cash Flow
-73.83K	-41.71K	-915.86K	-457.95K	-1.29M	-642.43K
	Investing Cash Flow
-177.77K	-227.84K	-1.06M	-1.74M	-2.16M	-1.11M
	Financing Cash Flow
252.00K	243.94K	742.15K	-11.94K	3.62M	4.13M

NV Gold Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.13
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NVX, the sentiment is Negative. The current price of 0.13 is below the 20-day moving average (MA) of 0.14, below the 50-day MA of 0.16, and below the 200-day MA of 0.21, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 35.90 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:NVX.

NV Gold Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	50 Neutral	$1.97B	-1.14	-21.33%	3.61%	1.59%	-30.68%
NVX	32 Underperform	C$1.31M	―	-13.79%	―	―	85.92%
GRHK	30 Underperform	C$1.29M	―	-215.68%	―	―	-12.61%
GCN	27 Underperform	C$1.42M	―	-68.31%	―	―	10.71%
SMP	17 Underperform	C$1.70M	―	-214.89%	―	―	-224.16%

NV Gold Corporate Events

NV Gold Announces Shares-for-Debt Transaction to Improve Financial Position

NV Gold Corporation has announced a shares-for-debt transaction, issuing 5,161,578 common shares at C$0.1125 per share to settle a debt of US$419,050 with its President and CEO, John Watson. This transaction, considered a related party transaction, is part of the company’s strategy to improve its financial position amidst serious financial difficulties, and is pending approval from the TSX Venture Exchange.

Spark’s Take on TSE:NVX Stock

According to Spark, TipRanks’ AI Analyst, TSE:NVX is a Neutral.

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.

To see Spark’s full report on TSE:NVX stock, click here.

NV Gold’s CEO Increases Stake, Becomes Control Person

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.