Newcore Gold Ltd
XTSX:NCAU
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Intrinsic Value
The intrinsic value of 
Newcore Gold Ltd (NCAU) under the Base Case is 1.59 CAD per share.
Compared with the current market price of 0.27 CAD, the stock appears
Undervalued by 83% .
The intrinsic value is calculated using valuation multiples.
Do our valuations actually work? See backtest results .
Cheap or expensive for this stock?
This block shows whether today’s valuation is cheap or expensive compared with the stock’s own history, and what happened after similar valuations in the past.
We compare the gap between the stock’s price and our estimated value over time.
- Undervalued can still be historically expensive. The stock may trade below our estimated value, but usually offer an even bigger discount.
- Overvalued can still be historically cheap. The stock may trade above our estimated value, but usually carry an even higher premium.
Market expectations can differ from our model, which may not fully capture everything affecting the price. That is why some stocks regularly trade above our estimated value and others below it.
The scale and chart show how today’s valuation compares with the past. The cards summarize past returns and waiting times until the stock stopped being cheap or expensive. This can happen because the price changed, our estimated value changed, or both.
Only completed periods are included. These are past results, not forecasts. The usual historical range does not necessarily mean fair value.
Fundamental Analysis
What Newcore Gold Does
Newcore Gold Ltd is a mineral exploration company focused on finding and defining gold deposits in Ghana. Its main asset is the Enchi Gold Project, where it studies the rocks, drills targets, and builds a better picture of where gold may be concentrated and how large the deposit could be. The company does not sell gold itself; it is still in the exploration stage.
- Headquarters
- Canada CA
- Employees
- 41
- IPO date
- Jun 23, 2010
Earnings Waterfall
Newcore Gold Ltd
What is the Intrinsic Value of one NCAU stock?
The intrinsic value for Newcore Gold Ltd (NCAU) under the Base Case is 1.59 CAD.
Is NCAU stock undervalued or overvalued?
Compared with the current market price of 0.27 CAD, the stock appears Undervalued by 83% .
