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NV Gold
(NVX)
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Rating:46Neutral
Price Target:
C$1.50
▲(167.86% Upside)
Action:Reiterated
Date:09/29/26
The score is primarily held down by weak financial performance (no revenue, ongoing losses, and sustained cash burn) and limited valuation support due to unprofitability. Technicals are a partial offset, showing strong trend strength above key moving averages, but extremely overbought momentum indicators raise near-term pullback risk.
Positive Factors
Debt-free balance sheet
The absence of TTM debt reduces interest obligations and near-term refinancing pressure, while the sizable equity base provides some financial capacity for exploration. This gives NV Gold more flexibility than a similarly unprofitable explorer carrying substantial leverage.
Negative Factors
No meaningful revenue
The absence of meaningful revenue leaves NV Gold without a demonstrated operating income stream to fund exploration and corporate costs. Until projects generate transaction proceeds, royalties, or production revenue, financial performance remains dependent on asset monetization and external capital.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
The absence of TTM debt reduces interest obligations and near-term refinancing pressure, while the sizable equity base provides some financial capacity for exploration. This gives NV Gold more flexibility than a similarly unprofitable explorer carrying substantial leverage.
Read all positive factors
NV Gold (NVX) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$43.74M
Dividend YieldN/A
Average Volume (3M)30.87K
Price to Earnings (P/E)―
Beta (1Y)-0.84
Revenue GrowthN/A
EPS Growth-123.20%
CountryCA
EmployeesN/A
SectorGeneral
Sector StrengthN/A
IndustryGold
Share Statistics
EPS (TTM)-0.09
Shares Outstanding32,399,788
10 Day Avg. Volume45,137
30 Day Avg. Volume30,873
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)0.71
Price to Sales (P/S)0.00
P/FCF Ratio-9.87
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
NV Gold Business Overview & Revenue Model
Company Description
NV Gold Corporation identifies, acquires, and explores for mineral properties in the United States of America and Switzerland. The company explores for gold, and precious metal deposits. NV Gold Corporation is based in Vancouver, Canada....
How the Company Makes Money
NV Gold is an exploration-stage company; specific, recurring operating revenue streams are not publicly identifiable from the information available here, so detailed revenue figures or named commercial partnerships cannot be provided (null). In ge...
NV Gold Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
56
Neutral
Cash Flow
28
Negative
| Breakdown | TTM | Nov 2025 | Aug 2024 | Nov 2023 | Nov 2022 | Nov 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 201.43K | 153.00K |
| Gross Profit | 0.00 | 0.00 | -56.33K | -119.36K | 0.00 | 0.00 |
| EBITDA | -1.59M | -1.38M | -522.60K | -1.11M | -935.22K | -1.96M |
| Net Income | -1.59M | -1.42M | -584.42K | -2.74M | -1.25M | -5.55M |
Balance Sheet | ||||||
| Total Assets | 4.58M | 3.10M | 3.60M | 3.68M | 5.49M | 6.69M |
| Cash, Cash Equivalents and Short-Term Investments | 1.11M | 41.16K | 31.20K | 56.81K | 1.29M | 3.51M |
| Total Debt | 0.00 | 194.12K | 601.38K | 323.48K | 0.00 | 0.00 |
| Total Liabilities | 111.91K | 325.58K | 740.09K | 364.54K | 65.50K | 181.03K |
| Stockholders Equity | 4.47M | 2.78M | 2.86M | 3.31M | 5.42M | 6.51M |
Cash Flow | ||||||
| Free Cash Flow | -500.18K | -201.08K | -269.55K | -1.99M | -2.16M | -3.49M |
| Operating Cash Flow | -368.08K | -201.08K | -41.71K | -915.86K | -457.95K | -1.29M |
| Investing Cash Flow | -763.93K | -378.04K | -227.84K | -1.06M | -1.74M | -2.16M |
| Financing Cash Flow | 2.23M | 589.07K | 243.94K | 742.15K | -11.94K | 3.62M |
NV Gold Technical Analysis
Positive
0.56
Price Trends
0.63
Positive
0.46
Positive
0.36
Positive
Market Momentum
0.20
Negative
79.15
Negative
83.99
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NVX, the sentiment is Positive. The current price of 0.56 is below the 20-day moving average (MA) of 0.91, below the 50-day MA of 0.63, and above the 200-day MA of 0.36, indicating a bullish trend. The MACD of 0.20 indicates Negative momentum. The RSI at 79.15 is Negative, neither overbought nor oversold. The STOCH value of 83.99 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:NVX.
NV Gold Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
46 Neutral | C$43.74M | -15.59 | -41.73% | ― | ― | -123.20% | |
45 Neutral | C$2.02M | -1.12 | 84.60% | ― | ― | 36.88% | |
45 Neutral | C$2.43M | -7.69 | -51.35% | ― | ― | 25.49% | |
44 Neutral | C$8.04M | -12.22 | -76.35% | ― | -32.20% | -311.67% | |
43 Neutral | C$4.31M | -1.69 | 83.80% | ― | ― | 39.95% |
* General Sector Average
TSE:NVX
NV Gold
1.35
1.15
575.00%
TSE:ARQ
Argo Gold
0.11
0.05
69.23%
TSE:FG
Falcon Gold
0.03
-0.01
-25.00%
TSE:XIM
Ximen Mining
0.08
-0.03
-25.00%
TSE:GCN
Goldcliff Resource
0.03
-0.03
-45.45%
NV Gold Corporate Events
Business Operations and StrategyPrivate Placements and Financing
NV Gold Raises $1.4 Million in Two-Tranche Private Placement to Advance Nevada Exploration
Positive
Sep 25, 2026
NV Gold Corporation has closed the final tranche of its non-brokered private placement, issuing 1,740,948 units at $0.40 each for gross proceeds of about $696,000. Combined with the first tranche completed in August, the financing totals approxima...
Business Operations and Strategy
NV Gold Uncovers New Awakening Gold Zone at Slumber Project
Positive
Sep 24, 2026
NV Gold has identified a significant new gold zone, dubbed the Awakening Zone, at its Slumber Gold Project roughly 2 kilometers northeast of the previously drilled Slumber Zone. The new zone lies across the boundary between existing claims and rec...
Business Operations and StrategyPrivate Placements and Financing
NV Gold Closes First Tranche of Private Placement to Fund Nevada Drilling
Positive
Aug 31, 2026
NV Gold Corporation has closed the first tranche of a non-brokered private placement, issuing 1,759,052 units at $0.40 per unit for gross proceeds of about $703,621, with each unit comprising one common share and half of a warrant exercisable at $...
Business Operations and Strategy
NV Gold launches major 2026 drill program at Nevada’s Slumber Gold Project
Positive
Aug 26, 2026
NV Gold Corporation has launched its 2026 drill program at the 100%-controlled Slumber Gold Project in Humboldt County, Nevada, marking the start of what it calls its busiest exploration year. The campaign follows the acquisition of several hundre...
Business Operations and StrategyExecutive/Board Changes
NV Gold Grants Stock Options to Key Personnel Ahead of Active Exploration Year
Positive
Aug 17, 2026
NV Gold Corporation has granted 575,000 stock options to certain directors, officers and consultants at an exercise price of $0.60 per share for a five-year term under its stock option plan, subject to regulatory approval. The awards refresh equit...
Business Operations and StrategyPrivate Placements and Financing
NV Gold Launches C$1.4 Million Private Placement to Fund Nevada Exploration
Positive
Aug 11, 2026
NV Gold Corporation has launched a non-brokered private placement to raise up to C$1.4 million through the issuance of up to 3.5 million units priced at C$0.40, each comprising one common share and half a transferable warrant exercisable at C$0.80...
Business Operations and Strategy
NV Gold Expands Slumber Holdings and Launches Major Drill Program in Nevada
Positive
Aug 6, 2026
NV Gold Corporation has expanded its land position and advanced exploration plans at its 100%-owned Slumber Gold Project in Humboldt County, Nevada. The company completed a mining and exploration lease over roughly 1,500 acres of adjacent private ...
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.