Newcore Gold (DE:PI8)
FRANKFURT:PI8
PI8 Stock Chart & Stats
€0.39
<€0.01(1.97%)
At close: 4:00 PM EST
€0.39
<€0.01(1.97%)
Day’s Range― - ―
52-Week Range€0.30 - €0.56
Previous CloseN/A
Volume0.00
Average Volume (3M)3.83K
Market Cap
€96.32M
Enterprise Value€154.16M
Total Cash (Recent Filing)€7.94M
Total Debt (Recent Filing)€0.00
Price to Earnings (P/E)―
Beta0.67
Next Earnings
Sep 02, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.01
Shares Outstanding284,385,040
10 Day Avg. Volume0
30 Day Avg. Volume3,835
Financial Highlights & Ratios
PEG Ratio1.16
Price to Book (P/B)2.35
Price to Sales (P/S)0.00
P/FCF Ratio-35.96
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€1.40Price Target Upside259.40% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.01
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Conservative Balance Sheet (zero Debt)Zero debt materially reduces solvency and interest cost risk for a pre-revenue developer. This conservatively positioned balance sheet gives Newcore durable financing flexibility to time equity raises or secure project financing, supporting sustained exploration programs without fixed interest burdens.
Meaningful Equity Growth And Funding CapacityA material increase in equity expands the company’s internal funding cushion and external credibility with financiers. This larger capital base provides durable optionality to fund multi-stage drilling, studies, and permitting, reducing immediate reliance on high-frequency dilutive raises while advancing project milestones.
Focused Flagship Asset (Enchi Gold Project)A clear flagship development project concentrates management, technical expertise, and capital on advancing resource definition and feasibility. This focused strategy can produce durable value creation if exploration success grows resources and de-risks the path toward potential development or partnerable project stages.
Bears Say
Pre-revenue Operating ProfileThe company remains pre-revenue with no operating income, meaning it cannot self-finance development or demonstrate commercial production. Over the medium term this structural profile makes progress dependent on exploration success and securing external capital or partners to transition toward revenue-generating operations.
Persistent Negative Cash Flow / Cash BurnConsistent negative operating and free cash flow signal ongoing cash burn tied to exploration and overhead. This durable funding requirement forces reliance on capital markets or JV partners, increasing dilution risk and potentially constraining the pace of drilling and studies absent new financing.
Negative Returns On Equity / Lack Of ProfitabilityDespite growing equity, ROE remains negative, indicating capital deployed has not generated earnings. This structural lack of profitability questions capital efficiency and may pressure future fundraising terms, investor confidence, and the company’s ability to convert balance-sheet strength into long-term economic returns.
PI8 FAQ
What was Newcore Gold’s price range in the past 12 months?
Newcore Gold lowest stock price was €0.30 and its highest was €0.56 in the past 12 months.
What is Newcore Gold’s market cap?
Newcore Gold’s market cap is €96.32M.
When is Newcore Gold’s upcoming earnings report date?
Newcore Gold’s upcoming earnings report date is Sep 02, 2026 which is in 91 days.
How were Newcore Gold’s earnings last quarter?
Newcore Gold released its earnings results on May 25, 2026. The company reported €0.006 earnings per share for the quarter, beating the consensus estimate of N/A by €0.006.
Is Newcore Gold overvalued?
According to Wall Street analysts Newcore Gold’s price is currently Undervalued.
Does Newcore Gold pay dividends?
Newcore Gold does not currently pay dividends.
What is Newcore Gold’s EPS estimate?
Newcore Gold’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Newcore Gold have?
Newcore Gold has 284,385,040 shares outstanding.
What happened to Newcore Gold’s price movement after its last earnings report?
Newcore Gold reported an EPS of €0.006 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -6.162%.
Which hedge fund is a major shareholder of Newcore Gold?
Currently, no hedge funds are holding shares in DE:PI8
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Newcore Gold Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
€1.40 (259.40% Upside)
€1.40 (259.40% Upside)
Insider Transactions
Bought Shares
Worth €65.1K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
94.28%
12-Months-Change
Fundamentals
Return on Equity
-5.16%
Trailing 12-Months
Asset Growth
14.34%
Trailing 12-Months
Company Description
Newcore Gold
Newcore Gold Ltd., a mineral exploration and mine development company, engages in the acquisition, advancement, and development of precious mineral properties in Ghana. It holds 100% interest in the Enchi gold project covering 216 square kilometers located in southwest Ghana, as well as holds seven prospecting licenses. The company was formerly known as Pinecrest Resources Ltd. and changed its name to Newcore Gold Ltd. in August 2020. Newcore Gold Ltd. was incorporated in 2010 and is headquartered in Vancouver, Canada.
PI8 Stock 12 Month Forecast
Average Price Target
€1.40
▲(259.40% Upside)
Technical Analysis
Prospector Metals
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Minaurum Gold
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Majestic Gold
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Xtra-Gold Resource
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Orosur Mining
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Options Prices
Currently, No data available
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