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Nation Gold Corp. (TSE:NATN)
:NATN
Canadian Market
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Nation Gold Corp. (NATN) AI Stock Analysis

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TSE:NATN

Nation Gold Corp.

(NATN)

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Neutral 44 (OpenAI - Gpt-5.6Sol)
Rating:44Neutral
Price Target:
C$0.07
▼(-62.22% Downside)
Action:Reiterated
Date:08/30/26
The score is primarily held back by weak financial performance (no revenue, ongoing losses, and cash burn) and bearish technicals (price below all key moving averages with negative MACD). A debt-free balance sheet and expanded equity base provide some support, but valuation metrics offer limited help due to negative earnings and no dividend.
Positive Factors
Debt-Free Balance Sheet
A debt-free structure reduces interest obligations, refinancing exposure, and financial distress risk. This gives Nation Gold greater flexibility to fund exploration or operations without servicing lenders, although it does not eliminate the need for future external funding.
Negative Factors
No Revenue Generation
The absence of revenue shows that Nation Gold has not yet established commercial operating traction. Without sales, the business cannot demonstrate customer demand, production economics, or self-funded growth, leaving future performance highly dependent on successful development and financing.
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Positive Factors
Negative Factors
Debt-Free Balance Sheet
A debt-free structure reduces interest obligations, refinancing exposure, and financial distress risk. This gives Nation Gold greater flexibility to fund exploration or operations without servicing lenders, although it does not eliminate the need for future external funding.
Read all positive factors

Nation Gold Corp. (NATN) vs. iShares MSCI Canada ETF (EWC)

Nation Gold Corp. Business Overview & Revenue Model

Company Description
Nation Gold Corp. is involved in the identification, acquisition, and development of mineral resource properties, with a particular focus on locating gold and silver deposits. Its portfolio includes the wholly-owned Cattle Creek property. This ass...

Nation Gold Corp. Financial Statement Overview

Summary
Overall financial profile is weak: the company reports no revenue across periods, persistent net losses (with a much larger loss in TTM), and continued operating and free-cash-flow burn. The main offsetting positive is a debt-free balance sheet with a materially larger equity base in TTM, which improves financial flexibility but does not yet resolve profitability or cash funding dependence.
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
28
Negative
BreakdownTTMApr 2025Apr 2024Apr 2023Apr 2022Apr 2021
Income Statement
Total Revenue0.000.000.000.000.000.00
Gross Profit0.000.000.000.000.000.00
EBITDA-199.38K0.000.00-151.65K-225.57K-219.01K
Net Income-493.13K-61.88K-82.15K-165.79K-263.87K-219.01K
Balance Sheet
Total Assets5.17M891.48K956.65K1.04M1.14M582.38K
Cash, Cash Equivalents and Short-Term Investments2.06M692.74K779.85K857.28K980.63K436.15K
Total Debt0.000.000.000.000.000.00
Total Liabilities136.61K1.05K4.34K3.20K3.67K286.55K
Stockholders Equity5.04M890.43K952.31K1.03M1.14M295.84K
Cash Flow
Free Cash Flow-735.59K-87.11K-77.44K-123.34K-559.27K6.13K
Operating Cash Flow-359.22K-65.05K-57.53K-106.36K-559.27K21.75K
Investing Cash Flow-376.36K-22.07K-19.91K-16.98K0.00-15.63K
Financing Cash Flow2.11M0.000.000.001.10M428.53K

Nation Gold Corp. Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.18
Price Trends
50DMA
0.09
Negative
100DMA
0.12
Negative
200DMA
0.16
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
34.68
Neutral
STOCH
-100.00
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NATN, the sentiment is Negative. The current price of 0.18 is above the 20-day moving average (MA) of 0.07, above the 50-day MA of 0.09, and above the 200-day MA of 0.16, indicating a bearish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 34.68 is Neutral, neither overbought nor oversold. The STOCH value of -100.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:NATN.

Nation Gold Corp. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
45
Neutral
C$3.81M-7.95-56.16%-126.09%
44
Neutral
C$1.06M-4.19-24.22%
44
Neutral
C$810.63K-5.79-385.66%99.73%
43
Neutral
C$1.13M-3.18-10.56%-655.81%
34
Underperform
C$1.24M-7.35-10.11%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:NATN
Nation Gold Corp.
0.07
-0.04
-35.00%
TSE:NUG
NuLegacy Gold
0.28
-0.22
-44.00%
TSE:BRON
Damara Gold
0.05
0.00
0.00%
TSE:KGC
Kestrel Gold
0.04
-0.03
-46.15%
TSE:STW
Stockworks Gold
0.10
-0.11
-52.50%
TSE:LP
Leopard Lake Gold Corp.
0.03
0.00
0.00%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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.Date of analysis: Aug 30, 2026