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Nevgold Corp (NAU) AI Stock Analysis
Nevgold Corp
(TSXV:NAU)
The score is primarily weighed down by weak financial performance (no revenue, widening losses, and accelerating cash burn) and bearish technical conditions (price below all key moving averages with negative momentum indicators). A low-debt balance sheet provides some stability, but negative earnings and no dividend data limit valuation support.
Nevgold Corp (NAU) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 92.69M
- Dividend Yield
- ―
- Average Volume (3M)
- 353.30K
- Price to Earnings (P/E)
- -7.0
- Beta (1Y)
- 2.72
- Revenue Growth
- ―
- EPS Growth
- -48.92%
- Country
- Canada
- Employees
- 0
- Sector
- General
- Sector Strength
- 55
- Industry
- Other Precious Metals
Nevgold Corp Business Overview & Revenue Model
Company Description
NevGold Corp. is dedicated to the discovery and advancement of mineral properties. The company's primary focus is on unearthing gold, silver, and other valuable polymetallic deposits. It holds interests in the Limousine Butte and Cedar Wash projects...
How the Company Makes Money
Nevgold Corp does not have publicly available information indicating it generates recurring operating revenue from producing mines. Its business model is primarily value creation through mineral exploration: (1) acquiring and maintaining mineral prop...
Nevgold Corp Financial Statement Overview
Summary
Income statement and cash flow quality are weak: no revenue is reported and losses widened materially (net loss -7.8M in 2025 and -9.9M TTM), alongside accelerating cash burn (operating/free cash flow negative in all periods; ~-5.4M TTM). The balance sheet is a relative strength with very low leverage and an expanded equity base, but returns remain deeply negative (ROE roughly -23% in 2025 and TTM), keeping overall financial performance below average.
Income Statement
12Very NegativeBalance Sheet
64PositiveCash Flow
24Negative| Breakdown | TTM | Mar 2026 | Dec 2024 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | -67.96K | -70.22K | -68.88K | -67.91K | -62.45K | -9,140 |
| EBITDA | -7.41M | -5.26M | -3.35M | -2.25M | -2.44M | -2.89M |
| Net Income | -9.89M | -7.78M | -3.47M | -2.59M | -2.53M | -2.89M |
Balance Sheet | ||||||
| Total Assets | 78.55M | 37.70M | 29.32M | 22.28M | 18.42M | 11.11M |
| Cash, Cash Equivalents and Short-Term Investments | 46.80M | 9.58M | 1.14M | 151.52K | 2.50M | 2.76M |
| Total Debt | 37.15K | 1.96M | 3.31M | 210.74K | 272.77K | 301.50K |
| Total Liabilities | 1.80M | 4.69M | 5.76M | 2.47M | 825.73K | 608.56K |
| Stockholders Equity | 76.91M | 33.18M | 22.75M | 18.81M | 17.60M | 10.50M |
Cash Flow | ||||||
| Free Cash Flow | -5.44M | -2.96M | -2.04M | -1.12M | -2.04M | -2.22M |
| Operating Cash Flow | -5.44M | -2.96M | -2.04M | -1.12M | -2.01M | -1.24M |
| Investing Cash Flow | -22.07M | -3.65M | -2.11M | -2.12M | -4.28M | -2.85M |
| Financing Cash Flow | 55.44M | 15.07M | 5.14M | 875.97K | 6.02M | 6.88M |
Nevgold Corp Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NAU, the sentiment is Negative. The current price of 0.53 is below the 20-day moving average (MA) of 0.73, below the 50-day MA of 1.05, and below the 200-day MA of 1.59, indicating a bearish trend. The MACD of -0.14 indicates Negative momentum. The RSI at 25.71 is Positive, neither overbought nor oversold. The STOCH value of 18.61 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:NAU.
Nevgold Corp Peers Comparison
Overall Rating
TSE:EMPR74Outperform
TSE:SCOT57Neutral
TSE:PGLD49Neutral- TSE:NAU43.35Neutral
TSE:VIPR37Underperform
TSE:ELR25Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TSE:EMPR | 74Outperform | CAD 119.00M | 8.33 | 33.26% | ― | 120.16% | 150.72% |
| TSE:SCOT | 57Neutral | CAD 175.78M | -10.17 | -55.99% | ― | ― | -55.72% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| TSE:PGLD | 49Neutral | CAD 336.56M | -10.82 | -284.95% | ― | ― | -2078.18% |
| TSE:NAU | 43Neutral | CAD 92.69M | -6.97 | -23.08% | ― | ― | -48.92% |
| TSE:VIPR | 37Underperform | CAD 23.93M | -0.60 | -98.11% | ― | ― | -153.31% |
| TSE:ELR | 25Underperform | CAD 41.20M | -1.49 | -31.80% | ― | 6.78% | 19.11% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:NAU | Nevgold Corp | 0.53 | -0.14 | -20.90% | |
| TSE:ELR | Eastern Platinum | 0.20 | -0.05 | -20.00% | |
| TSE:SCOT | Scottie Resources Corp. | 2.15 | 0.54 | 33.54% | |
| TSE:VIPR | Silver Viper Minerals Corp | 0.20 | -0.69 | -77.53% | |
| TSE:PGLD | P2 Gold Inc. | 1.15 | 0.77 | 206.67% | |
| TSE:EMPR | Empress Royalty Corp | 0.88 | -0.04 | -4.35% |
Nevgold Corp Corporate Events
NevGold Adds Veteran Engineer Sean Waller to Board as Projects Enter Engineering Phase
PositiveNevGold Corp has appointed veteran mineral processing engineer Sean I. Waller to its Board of Directors as the company enters the Engineering Phase of project development. Waller brings over 40 years of international experience in executive managemen...
NevGold Extends High-Grade Oxide Gold-Antimony Mineralization at Limousine Butte
PositiveNevGold Corp reported new drill results from its 2026 program at the Limousine Butte project in Nevada, extending high-grade oxide gold-antimony mineralization by more than 100 meters east of the existing Resurrection Ridge resource. The company note...
NevGold Defines New Drill Targets at Idaho’s Nutmeg Mountain Gold Project
PositiveNevGold has completed gravity and CSAMT geophysical surveys at its 100% owned Nutmeg Mountain Gold Project in Idaho, defining six near-surface gold targets and three deeper feeder structures in a low-sulphidation epithermal system. The work supports...
NevGold Mourns Founding Director Tim Dyhr, Moves to Fill Board Vacancy
NegativeNevGold Corp. has announced the death of board member and founding director Tim Dyhr, a widely respected mining executive whose career included permitting more than a dozen copper and gold mines across North and South America and leading a landmark l...
NevGold expands high-grade oxide gold and antimony mineralization at Nevada’s Limo Butte
PositiveNevGold Corp reported new assay results from its 2026 drill program at the Limousine Butte project in Nevada, highlighting significant expansions of oxide gold mineralization both inside and outside the existing mineral resource pit shell. Key interc...
NevGold reshapes leadership team as projects move into advanced development
PositiveNevGold Corp. has appointed veteran mining finance executive Dale Found as its new chief financial officer and reassigned current CFO Bob McKnight to the newly created role of vice-president of engineering studies. The moves are aimed at supporting t...
NevGold Confirms Maiden Resource at Nevada Gold-Antimony Project
PositiveNevGold Corp has filed an NI 43-101 technical report supporting its maiden mineral resource estimate for the Limousine Butte gold-antimony project in Nevada. The report confirms previously disclosed figures and outlines one of the larger oxide gold-a...
NevGold Extends High-Grade Antimony-Gold Resource at Nevada’s Limousine Butte
PositiveNevGold Corp reported assays from the first three drillholes of its 2026 program at the Limousine Butte Project in Nevada, showing significant oxide antimony-gold mineralization outside the existing resource model. These holes, drilled in the Bullet...
NevGold changes auditor and seeks corporate continuance to British Columbia
NeutralNevGold Corp. has replaced Smythe LLP with Manning Elliott LLP as its external auditor, following Smythe’s decision to withdraw from future audits of public companies. The board accepted Smythe’s resignation on August 7, 2026, and appoint...
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: Oct 22, 2026