NGLD Company Profile and Key Details

Nevada Canyon Gold Corp. last paid a dividend of 0 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $0.19. This means the shares are trading above this model’s fair value.

Average 10-day trading volume of 3.75 thousand shares is below the 3-month average of 6.26 thousand, indicating normal recent market interest.

Nevada Canyon Gold Corp. (OTC:NGLD) closed at $0.41 USD, gaining $0.01 (1.75%) from the previous close of $0.40. The stock is currently mid-range between its 52-week high and low $0.34 and $0.98. With a market capitalization of about $11.64 million, Nevada Canyon Gold Corp. is classified as a micro-cap and shows lower-than-market volatility (beta ~0.78). Key stats such as the average daily volume over the past year has been around 6.43 thousand shares, volume is running light vs its 52-week average. Headquartered in Reno, NV, Nevada Canyon Gold Corp. operates in the Basic Materials sector and the Gold industry. Led by CEO Alan Richard Day, the company employs approximately 2 people and listed since January 08, 2021. Nevada Canyon Gold Corp. is a company actively involved in the exploration for minerals, specifically focusing on identifying gold deposits.

Our AI price prediction model suggests that Nevada Canyon Gold Corp. stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term.

Valuation shows Nevada Canyon Gold Corp. trading at a premium to the broader market with a P/E of 2.81.

Nevada Canyon Gold Corp. trades at a P/E ratio of 2.81, slightly below the S&P 500 average, with a price-to-sales ratio of 0.0 and a price-to-book ratio of 1.81 suggesting the stock is closer to book value. The P/FCF stands at -6.54, also above market averages.