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Newcore Gold Ltd

Company price
0.285 CAD 0.00(0%)
Last update at 2026-11-04T20:38:00Z
VOLUME
72276
Market Cap
167.79M

Momentum Score

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Newcore Gold Ltd. engages in the acquisition, advancement, and development of mineral resource properties in Ghana. It holds 100% interest in the Enchi Gold Project covering 248 square kilometers located in southwest Ghana, as well as holds six prospecting licenses. The company was formerly known as Pinecrest Resources Ltd. and changed its name to Newcore Gold Ltd. in August 2020. Newcore Gold Ltd. was incorporated in 2010 and is headquartered in Vancouver, Canada.

Source: TradingView
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Day Price Range
0.28
Low
0.29
High
52 Week Price Range
0.51
Low
0.92
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Newcore Gold Ltd is a Canada-listed junior mining company focused on exploration and development of gold properties. Long-term growth drivers include successful resource discovery and expansion, permitting and development, and favorable gold prices which may support economics. Investors may find the company attractive for exposure to potential resource-led upside and leverage to higher metal prices.
Key investment risks include typical junior-miner challenges such as exploration and development risk, access to capital and dilution, sensitivity to gold price volatility, and jurisdictional or permitting obstacles that could delay or prevent production.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.28
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.00M
Debt / Equity
-
ROE
-4.65%
Net Debt
-
ROCE
-7.81%
Diluted EPS TTM
-0.02

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Income before tax -4.06M -2.42M -2.63M -4.02M -2.21M
Net income -5.27M -3.37M -2.63M -4.02M -2.21M
Selling general administrative 1.05M 0.91M 1.23M 3.84M 2.15M
Gross profit -0.02M -0.01M -0.01M -0.01M -
Reconciled depreciation 0.02M 0.01M 0.01M 0.01M -
Ebit - - - -3.24M -1.80M
Ebitda - - -2.57M -3.84M -2.15M
Operating income -4.29M -2.42M -2.58M -3.85M -2.15M
Interest expense - - - 0.00M 0.00M
Tax provision 1.21M 0.94M - - -
Interest income 0.09M 0.18M 0.04M 0.03M 0.01M
Net interest income 0.09M 0.18M 0.04M 0.03M 0.01M
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 4.29M 2.42M 2.58M 3.85M 2.15M
Cost of revenue 0.02M 0.01M 0.01M 0.01M -
Total other income expense net 0.13M -0.18M -0.08M -0.20M -0.08M
Net income from continuing ops -5.27M -3.37M -2.63M -4.02M -2.21M
Net income applicable to common shares - - - -4.02M -2.21M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Total assets 56.75M 46.23M 44.51M 40.39M 31.12M
Other current assets - - - - -0.00M
Total liab 6.89M 0.17M 0.49M 1.31M 1.58M
Total stockholder equity 49.85M 46.06M 44.02M 39.08M 29.54M
Common stock - - - 40.81M 28.81M
Capital stock 60.74M 51.83M 46.51M 40.81M 28.81M
Retained earnings -24.60M -15.78M -13.35M -10.73M -6.71M
Other liab - - - 0.11M 0.11M
Other assets - - - 0.28M 0.19M
Cash 5.15M 3.75M 0.59M 0.78M 1.28M
Total current liabilities 1.85M 0.17M 0.38M 1.20M 1.47M
Other stockholder equity - - - 9.00M 7.44M
Property plant equipment - - - 34.23M 17.38M
Total current assets 5.56M 4.07M 3.95M 5.88M 13.56M
Net tangible assets - - - 39.08M 29.54M
Short term investments 0.00M 0.00M 3.00M 4.75M 11.94M
Net receivables - - - 0.05M 0.04M
Accounts payable 0.22M 0.17M 0.38M 1.20M 1.47M
Non currrent assets other - - - 0.22M 0.08M
Non current assets total 51.18M 42.16M 40.56M 34.51M 17.57M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Investments 0.00M 0.29M -2.90M 7.19M -11.50M
Change to liabilities - - - 0.14M 0.21M
Total cashflows from investing activities - - - -8.61M -14.41M
Total cash from financing activities 8.69M 4.92M 5.12M 10.67M 17.04M
Change to operating activities - - - -0.01M -0.25M
Net income -5.27M -2.42M -2.63M -4.02M -2.21M
Change in cash 1.40M 3.16M -0.19M -0.50M 1.18M
Begin period cash flow 3.75M 0.59M 0.78M 1.28M 0.09M
End period cash flow 5.15M 3.75M 0.59M 0.78M 1.28M
Total cash from operating activities -2.68M -1.99M -2.19M -2.53M -1.36M
Issuance of capital stock 5.54M 5.00M 5.01M 11.50M 18.00M
Depreciation 0.02M 0.01M 0.01M 0.01M 0.01M
Other cashflows from investing activities - - - 0.04M -0.11M
Change to account receivables - - - -0.01M -0.04M
Other cashflows from financing activities - - - -0.91M -1.21M
Change to netincome - - - 1.36M 0.92M
Capital expenditures 0.00M 0.00M 0.00M 15.84M 2.80M
Change in working capital 1.08M 0.02M -0.60M 0.13M -0.07M
Stock based compensation 0.37M 0.38M 0.87M 1.46M 0.84M
Other non cash items - - - - 0.00M
Free cash flow -2.68M -1.99M -2.19M -2.53M -1.36M

Peer Comparison*

Sector: Basic Materials Industry: Gold

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to EBITDA (x)
NCAU
Newcore Gold Ltd
-
-%
0.28 - - - 2.72 -10.59
OMG
Omai Gold Mines Corp
0.18
12.08%
1.67 - - - 62.63 -4.09
ASE
Asante Gold Corporation
0.07
12.07%
0.65 - 6.57 2.23 269.42 49.52
THX
Thor Explorations Ltd.
0.06
6.98%
0.92 3.41 2.77 2.87 1.88 2.44
MKO
Mako Mining Corp
0.80
7.86%
10.98 18.47 2.34 6.21 4.73 10.00

Profile*

Newcore Gold Ltd

Newcore Gold Ltd. engages in the acquisition, advancement, and development of mineral resource properties in Ghana. It holds 100% interest in the Enchi Gold Project covering 248 square kilometers located in southwest Ghana, as well as holds six prospecting licenses. The company was formerly known as Pinecrest Resources Ltd. and changed its name to Newcore Gold Ltd. in August 2020. Newcore Gold Ltd. was incorporated in 2010 and is headquartered in Vancouver, Canada.

200 Burrard Street, Vancouver, BC, Canada, V6C 3L6

604 484 4399

41

Name Title Year Born
Mr. Douglas B. Forster B.Sc., M.Sc., P.Geo. Corp. Sec. & Non-Exec. Chairman 1959
Mr. Luke Alexander Pres, CEO & Director NA
Mr. Wayne Kent Lee CA, CPA Chief Financial Officer 1968
Ms. Mal Karwowska VP of Corp. Devel. & Investor Relations NA
Mr. Gregory F. Smith B.Sc., P.Geo, P.Geo. Vice-Pres of Exploration 1965
Mr. Douglas B. Forster B.Sc., M.Sc., P.Geo. Corporate Secretary & Non-Executive Chairman 1959
Mr. Luke Alexander President, CEO & Director NA
Ms. Mal Karwowska Vice President of Corporate Development & Investor Relations NA
Mr. Gregory F. Smith B.Sc., P.Geo, P.Geo. Vice-President of Exploration 1966
Mr. Branden Fraser P.Eng. Vice President of Projects NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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