` NCAU (Newcore Gold Ltd) vs S&P TSX Composite Index (Canada) Comparison - Alpha Spread

NCAU
vs
S
S&P TSX Composite Index (Canada)

Over the past 12 months, NCAU has underperformed S&P TSX Composite Index (Canada), delivering a return of 0% compared to the S&P TSX Composite Index (Canada)'s +29% growth.

Stocks Performance
NCAU vs S&P TSX Composite Index (Canada)

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S&P TSX Composite Index (Canada)
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Performance Gap
NCAU vs S&P TSX Composite Index (Canada)

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NCAU
S&P TSX Composite Index (Canada)
Difference
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Performance By Year
NCAU vs S&P TSX Composite Index (Canada)

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Competitors Performance
Newcore Gold Ltd vs Peers

S&P TSX Composite Index (Canada)
NCAU
PPL
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Newcore Gold Ltd
Glance View

Market Cap
183.7m CAD
Industry
Metals & Mining

Newcore Gold Ltd. operates as an exploration company. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2010-06-23. The firm owns 100% interest in the project. The Project hosts an inferred mineral resource of approximately 1.41 million ounces of gold at 0.62 g/t. This approximately 216 square kilometers land package covers approximately 40 kilometers of Ghana’s prolific Bibiani Shear Zone, a gold belt which hosts several five-million-ounce gold deposits, including Kinross’ Chirano mine approximately 50 kilometers to the north. The property remains substantially underexplored, with several geochemical and geophysical anomalies yet to be tested by drilling.

NCAU Intrinsic Value
4.87 CAD
Undervaluation 86%
Intrinsic Value
Price CA$0.66
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