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Nevada Canyon Gold Corp NGLD

Morningstar Rating
$2.75 −0.28 (9.24%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

NGLD is trading at a 53% discount.
Price
$2.76
Fair Value
$2.53
Uncertainty
Extreme
1-Star Price
$13.40
5-Star Price
$6.52
Economic Moat
Zwnylw
Capital Allocation
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Trading Information

Previous Close Price
$3.03
Day Range
$2.703.14
52-Week Range
$0.996.15
Bid/Ask
$2.33 / $2.85
Market Cap
$69.64 Mil
Volume/Avg
23,324 / 16,468

Key Statistics

Price/Earnings (Normalized)
Price/Sales
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Nevada Canyon Gold Corp is a junior precious metals exploration company. The company holds an interest in the Nevada and the Lazy Claims Property located within the Walker Lane shear zone, Loman Property located in Mineral County, Nevada, Agai-Pah Property located in the northwestern portion of the Gillis Range, within the Buckley Mining District, Belshazzar Property, Swales Property, Olinghouse Project and Palmetto Project.
Sector
Basic Materials
Industry
Gold
Stock Style Box
Total Number of Employees

Valuation

Metric
NGLD
Price/Earnings (Normalized)
Price/Book Value
7.07
Price/Sales
Price/Cash Flow
Price/Earnings
NGLD

Financial Strength

Metric
NGLD
Quick Ratio
7.46
Current Ratio
7.87
Interest Coverage
Quick Ratio
NGLD

Profitability

Metric
NGLD
Return on Assets (Normalized)
−10.75%
Return on Equity (Normalized)
−14.06%
Return on Invested Capital (Normalized)
−16.93%
Return on Assets
NGLD
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Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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ZIJMF
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NEMCL
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NEM
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AEM
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GOLD
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WPM
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FNV
Franco-Nevada CorpVdfqtzb$23.7 Bil
GFIOF
Gold Fields LtdNblqt$14.8 Bil
KGC
Kinross Gold CorpMdmnkVjfz$8.1 Bil

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