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NuLegacy Gold
(NUG)
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Rating:42Neutral
Price Target:
C$0.22
▼(-22.86% Downside)
Action:Reiterated
Date:09/24/26
The score is driven primarily by weak financial performance (no revenue, ongoing losses/cash burn, and negative TTM equity despite zero debt), which elevates funding risk. Technicals add pressure with a clear downtrend (price below key moving averages, negative MACD) and very weak RSI. Valuation provides limited support because the company is loss-making and has no dividend yield data.
Positive Factors
Debt-Free Balance Sheet
The absence of debt limits refinancing needs and interest expense, giving the company greater flexibility than a leveraged explorer. Although equity is weak, avoiding debt-related obligations reduces fixed financial pressure while management advances projects and seeks future funding.
Negative Factors
No Operating Revenue
Without revenue from producing mines or gold sales, the company has no recurring operating inflow to fund exploration and corporate costs. Its financial progress therefore depends on exploration success and access to external capital, making the business model structurally pre-revenue.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-Free Balance Sheet
The absence of debt limits refinancing needs and interest expense, giving the company greater flexibility than a leveraged explorer. Although equity is weak, avoiding debt-related obligations reduces fixed financial pressure while management advances projects and seeks future funding.
Read all positive factors
NuLegacy Gold (NUG) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$680.35K
Dividend YieldN/A
Average Volume (3M)382.00
Price to Earnings (P/E)―
Beta (1Y)0.23
Revenue GrowthN/A
EPS Growth99.73%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.05
Shares Outstanding2,895,097
10 Day Avg. Volume446
30 Day Avg. Volume382
Financial Highlights & Ratios
PEG Ratio0.36
Price to Book (P/B)2.53K
Price to Sales (P/S)0.00
P/FCF Ratio-129.57
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
NuLegacy Gold Business Overview & Revenue Model
Company Description
NuLegacy Gold Corporation specializes in acquiring and exploring mineral properties, primarily concentrating on the discovery of gold deposits. Its most significant asset is the Red Hill property, an expansive area in Eureka County, Nevada, encomp...
How the Company Makes Money
NuLegacy Gold does not operate producing mines and therefore does not generate recurring revenue from gold sales. Its business model is typical of an exploration-stage mining issuer: it funds exploration and corporate operations primarily through ...
NuLegacy Gold Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
38
Negative
Cash Flow
18
Very Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -1.02K | -8.91K | -45.48K | -71.71K | -126.50K |
| EBITDA | -301.85K | -487.52K | -1.38M | -1.71M | -2.17M |
| Net Income | -322.38K | -47.28M | -1.46M | -1.49M | -2.57M |
Balance Sheet | |||||
| Total Assets | 642.44K | 784.31K | 46.60M | 46.79M | 47.94M |
| Cash, Cash Equivalents and Short-Term Investments | 17.70K | 110.39K | 203.77K | 1.98M | 5.21M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 637.92K | 452.99K | 265.23K | 166.37K | 169.89K |
| Stockholders Equity | 4.53K | 331.33K | 46.34M | 46.62M | 47.77M |
Cash Flow | |||||
| Free Cash Flow | -88.26K | -368.84K | -3.01M | -3.40M | -10.36M |
| Operating Cash Flow | -88.27K | -368.84K | -1.35M | -1.38M | -2.05M |
| Investing Cash Flow | 0.00 | -162.40K | -1.52M | -2.02M | -8.39M |
| Financing Cash Flow | 0.00 | 432.27K | 1.10M | 0.00 | 0.00 |
NuLegacy Gold Technical Analysis
Negative
0.28
Price Trends
0.28
Negative
0.32
Negative
0.37
Negative
Market Momentum
-0.02
Negative
30.20
Neutral
33.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NUG, the sentiment is Negative. The current price of 0.28 is above the 20-day moving average (MA) of 0.25, above the 50-day MA of 0.28, and below the 200-day MA of 0.37, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 30.20 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:NUG.
NuLegacy Gold Peers Comparison
UnderperformOutperform
Sector (61)
TSE:NUG
NuLegacy Gold
0.23
-0.28
-55.00%
TSE:AIS
AIS Resources
0.14
0.11
324.24%
TSE:AORO
Aloro Mining
0.02
0.00
0.00%
TSE:AUL.H
Aurelius Minerals
0.02
0.00
0.00%
TSE:GRAY
Graycliff Exploration
0.26
0.20
333.33%
TSE:HARD
Hardcore Discoveries
0.04
-0.04
-53.33%
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.