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Newcore Gold Ltd
XTSX:NCAU

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Newcore Gold Ltd
XTSX:NCAU
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Price: 0.715 CAD -2.05% Market Closed
Market Cap: CA$189.8m

Relative Value

The Relative Value of one NCAU stock under the Base Case scenario is 2.111 CAD. Compared to the current market price of 0.715 CAD, Newcore Gold Ltd is Undervalued by 66%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NCAU Relative Value
Base Case
2.111 CAD
Undervaluation 66%
Relative Value
Price
Worst Case
Base Case
Best Case

Multiples Across Competitors

NCAU Competitors Multiples
Newcore Gold Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Newcore Gold Ltd
XTSX:NCAU
181.9m CAD 0 -51.2 -38 -37.7
RU
Polyus PJSC
LSE:PLZL
70.4T USD 11 233.1 34 959.7 19 286.2 22 132.2
ZA
Gold Fields Ltd
JSE:GFI
717.3B ZAR 5.1 12.5 7.6 9
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
173.1B ZAR 2.3 12 6.3 7.8
CN
Zijin Mining Group Co Ltd
SSE:601899
967.2B CNY 3 21.4 17.3 17.3
US
Newmont Corporation
NYSE:NEM
124.9B USD 5.5 17.6 9.1 11.2
AU
Greatland Gold PLC
ASX:GGP
155.2B AUD 86.6 246 177.2 198.8
CA
Agnico Eagle Mines Ltd
TSX:AEM
148.9B CAD 9.1 24.4 13.3 16.8
CA
Barrick Mining Corp
F:ABR0
64.6B EUR 4.5 15.3 7.5 9.2
CA
Barrick Gold Corp
TSX:ABX
101.6B CAD 4.4 14.9 7.3 9
HK
Zijin Gold International Co Ltd
HKEX:2259
551.6B HKD 22.8 141.9 48.5 68.8
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Newcore Gold Ltd
XTSX:NCAU
Average EV/EBITDA: 1 958
Negative Multiple: -38
N/A N/A
RU
P
Polyus PJSC
LSE:PLZL
19 286.2
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
7.6
16%
0.5
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
6.3
34%
0.2
CN
Zijin Mining Group Co Ltd
SSE:601899
17.3
45%
0.4
US
Newmont Corporation
NYSE:NEM
9.1
11%
0.8
AU
G
Greatland Gold PLC
ASX:GGP
177.2
-5%
N/A
CA
Agnico Eagle Mines Ltd
TSX:AEM
13.3
14%
1
CA
Barrick Mining Corp
F:ABR0
7.5
21%
0.4
CA
Barrick Gold Corp
TSX:ABX
7.3
21%
0.3
HK
Z
Zijin Gold International Co Ltd
HKEX:2259
48.5
69%
0.7
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Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett