Nevada Canyon Gold Corp. (NGLD)
Nevada Canyon Gold Corp. is a company actively involved in the exploration for minerals, specifically focusing on identifying gold deposits. The firm possesses rights to two distinct properties, both situated within Mineral County, Nevada. One is the Lazy Claims property, which consists of three claims covering an area of 60 acres. The other, known as the Loman property, includes 27 unpatented mining claims spanning approximately 540 acres. Incorporated in 2014, the company was initially named Tech Foundry Ventures, Inc. before officially changing to Nevada Canyon Gold Corp. in July 2016. Its main office is located in Reno, Nevada.
Sector: Gold and Silver Ores
Industry: Gold
Nevada Canyon Gold Corp.
OTC:NGLDBasic Materials · Gold
-6.67%$0.3570
Mkt Cap$10.21M
Float20.69M
O/S28.59M
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income$3.73M
Total Assets$8.37M
Free Cash Flow-$1.97M
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$6.97M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:10Reverse splitOct 28, 202010 shares → 1
Balance Sheet Details
Assets$8.37M
Liabilities$1.4M
Accounts Receivable$0
Accounts Payable$937K
Inventory$0
PP&E (Net)$2.78M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4K | $0 |
| YoY Growth | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $186K | $26K | $0 |
| Gross Profit | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$186K | -$22K | $0 |
| Gross Margin | - | - | - | - | - | - | - | - | - | - | -539.5% | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $1M | $1.68M | $590K | $1.27M | $101K | $32K | $268K | $274K | $571K | $99K | $46K | $71K |
| Other | $2.99M | $2.28M | $2.08M | $35K | $26K | $18K | $147K | $123K | $0 | $186K | -$155K | $0 |
| Total Operating Expenses | $3.99M | $3.96M | $2.66M | $1.29M | $127K | $50K | $415K | $410K | $718K | $99K | -$108K | $71K |
| Operating Income (EBIT) | -$4.01M | -$3.93M | -$2.66M | -$1.27M | -$126K | -$40K | -$998K | -$410K | -$718K | -$285K | -$87K | -$71K |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | -2165.3% | - |
| Interest Expense | $0 | $0 | $0 | $730K | $99K | $0 | $0 | $0 | $0 | $3K | $425 | $0 |
| Interest Income | $234K | $393K | $121K | $10K | $755 | $3K | $5K | $0 | $0 | $3K | $0 | $0 |
| Other Income (Expense) | $283K | $398K | $4K | -$283K | -$566K | $328K | $1.17M | -$430K | $2.26M | -$12K | -$174K | -$13K |
| Income Before Tax (EBT) | -$3.73M | $3.56M | -$2.65M | -$1.56M | -$693K | $288K | $174K | -$840K | $1.54M | -$298K | -$87K | -$84K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$22K | $358K | $0 | $0 | -$13K |
| Net Income | $3.73M | $3.56M | -$2.65M | -$1.56M | -$693K | $288K | $174K | -$818K | $1.19M | -$298K | -$87K | -$84K |
| Net Income Margin | - | - | - | - | - | - | - | - | - | - | -2175.9% | - |
| Supplementary Data | ||||||||||||
| EPS | 0.13 | 0.14 | -0.21 | -0.51 | -0.16 | 0.06 | 0.04 | -0.18 | 0.27 | -0.07 | -0.00 | -0.00 |
| Diluted EPS | 0.13 | 0.14 | -0.21 | -0.51 | -0.16 | 0.06 | 0.04 | -0.18 | 0.27 | -0.07 | -0.00 | -0.00 |
| Weighted Average OS | 28.01M | 26.15M | 12.59M | 3.03M | 4.47M | 4.46M | 4.46M | 4.46M | 4.41M | 4.41M | 21.85M | 21.13M |
| EBITDA | -$4.01M | $368K | $4K | $405 | $284 | $0 | -$425 | -$277 | -$106 | -$9K | -$87K | $972 |
| EBITDA Margin | - | - | - | - | - | - | - | - | - | - | -2165.3% | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 |
| Assets | ||||||||||||
| Current Assets | ||||||||||||
| Cash and Cash Equivalents | $5.46M | $7.04M | $9.74M | $1.01M | $1.42M | $894K | $367K | $2K | $3K | $52K | $39K | $82K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $5.46M | $7.04M | $9.74M | $1.01M | $1.42M | $894K | $367K | $2K | $3K | $52K | $39K | $82K |
| Accounts Receivable | $0 | $201K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $37K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $9K |
| Total Current Assets | $5.5M | $7.55M | $10.29M | $1.01M | $1.44M | $895K | $368K | $3K | $11K | $67K | $40K | $91K |
| Long-Term Assets | ||||||||||||
| Property, Plant & Equipment Net | $2.78M | $2.82M | $780K | $720K | $270K | $10K | $10K | $0 | $69K | $65K | $65K | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $90K | $60K | $56K | $157K | $318K | $795K | $1.03M | $923K | $1.34M | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $2.87M | $2.88M | $837K | $877K | $589K | $805K | $1.04M | $923K | $1.41M | $65K | $65K | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $8.37M | $10.42M | $11.12M | $1.89M | $2.03M | $1.7M | $1.41M | $926K | $1.42M | $132K | $105K | $91K |
| Liabilities | ||||||||||||
| Current Liabilities | ||||||||||||
| Accounts Payable | $937K | $854K | $846K | $326K | $368K | $345K | $340K | $273K | $145K | $8K | $1K | $11K |
| Short-Term Debt | $0 | $0 | $0 | $515 | $432K | $16K | $16K | $15K | $55K | $0 | $163K | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $515 | $0 | $0 | $0 | $822K | $0 | -$106K | $0 | -$63K |
| Other Current Liabilities | $0 | $1.31M | $460K | $477K | $964K | $0 | -$600K | $462K | $567K | $98K | $0 | $67K |
| Total Current Liabilities | $1.4M | $1.31M | $1.31M | $1.32M | $1.79M | $1.43M | $1.43M | $1.12M | $773K | $106K | $165K | $77K |
| Long-Term Liabilities | ||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $22K | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $0 | $0 | $0 | $1.32M | $1.36M | $1.42M | $1.41M | $1.1M | $22K | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | -$1.32M | -$1.36M | -$1.42M | -$1.41M | -$1.1M | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.4M | $1.31M | $1.31M | $1.32M | $1.79M | $1.43M | $1.43M | $1.12M | $795K | $106K | $165K | $77K |
| Stockholders' Equity | ||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $3K | $3K | $3K | $1K | $868 | $445 | $4K | $4K | $4K | $4K | $2K | $2K |
| Retained Earnings | -$12.46M | -$8.72M | -$5.16M | -$2.51M | -$951K | -$259K | -$547K | -$721K | $750K | -$437K | -$157K | -$70K |
| Comprehensive Income & Other | -$0 | $600 | $18K | $0 | -$0 | $0 | $0 | $0 | -$653K | -$0 | $0 | -$0 |
| Other Stockholders' Equity | $19.42M | $17.83M | $14.98M | $3.07M | $1.19M | $527K | $523K | $523K | -$130K | $458K | $95K | $81K |
| Total Equity | $6.97M | $9.11M | $9.82M | $567K | $240K | $268K | -$20K | -$194K | $624K | $26K | -$60K | $14K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $8.37M | $10.42M | $11.12M | $1.89M | $2.03M | $1.7M | $1.41M | $926K | $1.42M | $132K | $105K | $91K |
| Supplementary Data | ||||||||||||
| Total Debt | $0 | $0 | $0 | $515 | $432K | $16K | $16K | $15K | $55K | $98K | $100K | $63K |
| Net Debt | -$5.46M | -$7.04M | -$9.74M | -$1.01M | -$989K | -$878K | -$351K | $13K | $52K | $46K | $61K | -$19K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 |
| Operating Activities | ||||||||||||
| Net Income | -$3.73M | -$3.56M | -$2.65M | -$1.56M | -$693K | $288K | $174K | -$818K | $1.19M | -$298K | -$87K | -$84K |
| Depreciation & Amortization | $0 | $3.93M | $2.66M | $1.27M | $116K | $40K | $407K | $397K | $724K | $285K | $0 | $71K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$22K | $358K | $0 | $0 | $0 |
| Stock-Based Compensation | $679K | $2.26M | $1.96M | $988K | $0 | $0 | $0 | $0 | $65K | $8K | $0 | $3K |
| Changes in Working Capital: | ||||||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $103K | $8K | $1K | -$12K | $23K | $3K | $69K | $132K | $143K | $7K | -$9K | $11K |
| Other Working Capital | $138K | $348K | -$553K | -$10K | -$119K | $0 | $240K | $247K | $442K | -$14K | $0 | -$1K |
| Total Working Capital Change | $241K | $356K | -$552K | -$22K | -$96K | $3K | $309K | $379K | $584K | -$7K | -$9K | -$1K |
| Other Non-Cash Items | $902K | -$3.93M | -$2.56M | -$1.11M | $450K | -$375K | -$985K | $33K | -$2.99M | -$285K | $425 | -$58K |
| Net Cash from Operating | -$1.91M | -$954K | -$1.15M | -$430K | -$222K | -$45K | -$96K | -$31K | -$69K | -$297K | -$96K | -$69K |
| Investing Activities | ||||||||||||
| Capital Expenditures | -$60K | -$2.04M | -$60K | -$450K | -$240K | $0 | -$10K | $0 | -$69K | $0 | -$55K | $0 |
| Acquisitions | $100K | $0 | $0 | $0 | $2K | $541K | $471K | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $615K | $2K | $541K | $471K | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | -$200K | $0 | $615 | -$2K | -$541K | -$471K | $0 | -$69K | $0 | -$55K | $0 |
| Net Cash from Investing | $40K | -$2.23M | -$60K | $165K | -$238K | $541K | $460K | $0 | -$69K | $0 | -$55K | $0 |
| Financing Activities | ||||||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - | $101K | -$100K | - |
| Common Stock Issuance | $288K | $481K | $10M | $400 | $0 | $0 | $0 | $0 | $0 | $375K | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | -$57K | -$400 | $980K | $0 | $100 | $15K | $34K | $309K | $9K | $167K |
| Net Cash from Financing | $288K | $481K | $9.94M | -$148K | $980K | $0 | $1K | $30K | $89K | $309K | $109K | $167K |
| Forex Effect | $0 | $0 | $0 | -$978 | $7K | $31K | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$1.58M | -$2.71M | $8.74M | -$414K | $527K | $527K | $366K | -$1K | -$49K | $13K | -$43K | $98K |
| Supplementary Data | ||||||||||||
| Operating Cash Flow | -$1.91M | -$954K | -$1.15M | -$430K | -$222K | -$45K | -$96K | -$31K | -$69K | -$297K | -$96K | -$69K |
| Capital Expenditure | -$60K | -$2.04M | -$60K | -$450K | -$240K | $0 | -$10K | $0 | -$69K | $0 | -$55K | $0 |
| Free Cash Flow | -$1.97M | -$2.99M | -$1.21M | -$880K | -$462K | -$45K | -$106K | -$31K | -$138K | -$297K | -$151K | -$69K |
| Cash at Beginning | $7.04M | $9.74M | $1.01M | $1.42M | $894K | $367K | $2K | $3K | $52K | $39K | $82K | -$16K |
| Cash at End | $5.46M | $7.04M | $9.74M | $1.01M | $1.42M | $894K | $367K | $2K | $3K | $52K | $39K | $82K |