(NCAU) Newcore Gold - Ratings and Ratios
Exchange: V • Country: Canada • Currency: CAD • Type: Common Stock • ISIN: CA65118M1032
NCAU: Gold, Minerals
Newcore Gold Ltd. (V:NCAU) is a Canadian mineral exploration company focused on the acquisition, advancement, and development of gold properties in Ghana. The companys flagship asset is the Enchi Gold Project, spanning 248 square kilometers in southwest Ghana, a region known for its gold-rich geological formations. Newcore holds a 100% interest in the Enchi project and six additional prospecting licenses, positioning it as a key player in Ghanas gold exploration sector. The company, originally incorporated in 2010 as Pinecrest Resources Ltd., rebranded as Newcore Gold Ltd. in August 2020 to reflect its strategic focus on gold exploration. Headquartered in Vancouver, Canada, Newcore Gold Ltd. is listed on the TSX Venture Exchange under the ticker symbol NCAU. For more information, visit their website at https://www.newcoregold.com.
3-Month Forecast: Based on the provided technical and fundamental data, here is the outlook for Newcore Gold Ltd. (V:NCAU):
Technical Outlook: The stock is currently trading at $0.41, below its SMA20 of $0.40 and SMA50 of $0.36, indicating bearish momentum. However, the price is above the SMA200 of $0.33, suggesting potential support at this level. The ATR of $0.02 indicates low volatility, which may lead to a period of consolidation.
Fundamental Analysis: With a market cap of $81.35M CAD, Newcore Gold Ltd. is considered a small-cap company. The P/B ratio of 1.54 suggests that the stock is trading at a premium relative to its book value. The negative RoE of -5.21% indicates current profitability challenges, which could impact investor sentiment.
Price Target: Given the technical and fundamental data, the stock is expected to trade within a narrow range over the next three months, with resistance at $0.45 and support at $0.30. The low ATR and stable moving averages suggest limited upside potential during this period.
Additional Sources for NCAU Stock
NCAU Stock Overview
| Market Cap in USD | 101m |
| Sector | Basic Materials |
| Industry | Gold |
| GiC Sub-Industry | Gold |
| IPO / Inception |
NCAU Stock Ratings
| Growth Rating | 23.1 |
| Fundamental | -33.9 |
| Dividend Rating | 0.0 |
| Rel. Strength | 214 |
| Analysts | - |
| Fair Price Momentum | 0.59 CAD |
| Fair Price DCF | - |
NCAU Dividends
No Dividends PaidNCAU Growth Ratios
| Growth Correlation 3m | 90.8% |
| Growth Correlation 12m | 55.2% |
| Growth Correlation 5y | -59.3% |
| CAGR 5y | 24.99% |
| CAGR/Max DD 5y | 0.28 |
| Sharpe Ratio 12m | -0.06 |
| Alpha | 183.76 |
| Beta | 0.995 |
| Volatility | 107.12% |
| Current Volume | 100.2k |
| Average Volume 20d | 233.9k |
As of April 19, 2025, the stock is trading at CAD 0.61 with a total of 100,200 shares traded.
Over the past week, the price has changed by -3.17%, over one month by +5.17%, over three months by +90.62% and over the past year by +190.48%.
Probably not. Based on ValueRay Fundamental Analyses, Newcore Gold (V:NCAU) is currently (April 2025) not a good stock to buy. It has a ValueRay Fundamental Rating of -33.88 and therefor a somewhat negative outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NCAU as of April 2025 is 0.59. This means that NCAU is currently overvalued and has a potential downside of -3.28%.
Newcore Gold has no consensus analysts rating.
According to ValueRays Forecast Model, NCAU Newcore Gold will be worth about 0.7 in April 2026. The stock is currently trading at 0.61. This means that the stock has a potential upside of +6.56%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | 1.1 | 77% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 0.7 | 6.6% |