Nevgold Corp Stock Analysis
| NAUFF Stock | USD 0.16 0.01 5.88% |
NevGold Corp is overvalued with Real Value of 0.14 and Hype Value of 0.16. The main objective of NevGold Corp otc analysis is to determine its intrinsic value, which is an estimate of what NevGold Corp is worth, separate from its market price. There are two main types of NevGold Corp's stock analysis: fundamental analysis and technical analysis.
The NevGold Corp otc stock is traded in the USA on OTCQX Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and NevGold Corp's ongoing operational relationships across important fundamental and technical indicators.
NevGold |
NevGold OTC Stock Analysis Notes
About 46.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.59. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. NevGold Corp last dividend was issued on the 7th of July 2020. The entity had 1:15 split on the 8th of July 2020. NevGold Corp. engages in the exploration and development of mineral properties. It owns interests in the Limousine Butte and Cedar Wash projects in Nevada, the United States and the Ptarmigan silver polymetallic project in British Columbia, Canada. Nevgold Corp is traded on OTC Exchange in the United States.The quote for NevGold Corp is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To find out more about NevGold Corp learn more at https://nev-gold.com.NevGold Corp Investment Alerts
| NevGold Corp generated a negative expected return over the last 90 days | |
| NevGold Corp has high historical volatility and very poor performance | |
| NevGold Corp has some characteristics of a very speculative penny stock | |
| NevGold Corp has accumulated 279 K in total debt with debt to equity ratio (D/E) of 0.03, which may suggest the company is not taking enough advantage from borrowing. NevGold Corp has a current ratio of 0.3, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist NevGold Corp until it has trouble settling it off, either with new capital or with free cash flow. So, NevGold Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NevGold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NevGold to invest in growth at high rates of return. When we think about NevGold Corp's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (2.89 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| NevGold Corp has accumulated about 87.13 K in cash with (1.24 M) of positive cash flow from operations. | |
| Roughly 46.0% of NevGold Corp outstanding shares are owned by corporate insiders |
NevGold Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 18.2 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate NevGold Corp's market, we take the total number of its shares issued and multiply it by NevGold Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Technical Drivers
As of the 2nd of December, NevGold Corp secures the Mean Deviation of 4.64, standard deviation of 6.71, and Risk Adjusted Performance of (0.03). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of NevGold Corp, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for NevGold Corp, which can be compared to its peers in the industry. Please verify NevGold Corp market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if NevGold Corp is priced some-what accurately, providing market reflects its recent price of 0.16 per share. As NevGold Corp appears to be a penny stock we also strongly suggest to check its jensen alpha numbers.NevGold Corp Price Movement Analysis
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. NevGold Corp middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for NevGold Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
NevGold Corp Predictive Daily Indicators
NevGold Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of NevGold Corp otc stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 0.16 | |||
| Day Typical Price | 0.16 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) |
NevGold Corp Forecast Models
NevGold Corp's time-series forecasting models are one of many NevGold Corp's otc stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary NevGold Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About NevGold OTC Stock Analysis
OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how NevGold Corp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling NevGold shares will generate the highest return on investment. We also built our otc analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual OTC such as NevGold Corp. By using and applying NevGold OTC Stock analysis, traders can create a robust methodology for identifying NevGold entry and exit points for their positions.
NevGold Corp. engages in the exploration and development of mineral properties. It owns interests in the Limousine Butte and Cedar Wash projects in Nevada, the United States and the Ptarmigan silver polymetallic project in British Columbia, Canada. Nevgold Corp is traded on OTC Exchange in the United States.
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our otc stock analysis tools, you can find out how much better you can do when adding NevGold Corp to your portfolios without increasing risk or reducing expected return.Did you try this?
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Complementary Tools for NevGold OTC Stock analysis
When running NevGold Corp's price analysis, check to measure NevGold Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NevGold Corp is operating at the current time. Most of NevGold Corp's value examination focuses on studying past and present price action to predict the probability of NevGold Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NevGold Corp's price. Additionally, you may evaluate how the addition of NevGold Corp to your portfolios can decrease your overall portfolio volatility.
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