What is Newcore Gold Ltd.'s (NCAU.V) StockRank?

MoatMap's StockRank for Newcore Gold Ltd. (NCAU.V) is 8/100, with a Strong Sell signal. This is a composite score combining Quality (31), Value (42), and Momentum (18) factor ranks across MoatMap's 19,000+ stock universe.

Does Newcore Gold Ltd. have an economic moat?

Newcore Gold Ltd. (NCAU.V) has a Quality factor score of 31/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

Is Newcore Gold Ltd. a buy, hold, or sell?

MoatMap's current signal for Newcore Gold Ltd. (NCAU.V) is Strong Sell, based on a StockRank of 8/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.

What sector is Newcore Gold Ltd. in?

Newcore Gold Ltd. (NCAU.V) operates in the Basic Materials sector, specifically the Gold industry (Canada).

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NCAU.V

STRONG SELLREMOVE

Newcore Gold Ltd. · Basic Materials · Canada · $116M · Avg Vol: $150K/d

StockRank

P/E (TTM)

—

ROE

-5.0%

D/E

—

Dividend %

—

Director Trades · 180d

None in 180d →

Buybacks · 180d

None in 180d →

AI CONVICTION THESIS

Newcore Gold is a junior gold explorer that lacks cash flow and does not align with our high-conviction copper and energy transition commodity themes.

COMPANY DESCRIPTION

Newcore Gold Ltd. is a Canadian gold exploration and development company advancing its 100%-owned Enchi Gold Project in Ghana, West Africa. The company's competitive moat is Enchi's district-scale potential along the prolific Bibiani Shear Zone, a region hosting several multi-million-ounce gold mines. It operates as a high-efficiency developer focused on expanding its near-surface, heap-leachable gold resource through systematic drilling.

FINANCIAL SUMMARY

Year	2022	2023	2024	2025	CAGR
Revenue	0	0	0	0	—
EPS	-0.01	-0.01	-0.02	-0.01	—
Shares	138M	173M	209M	264M	+90.6%
Debt	2M	3M	5M	3M	5.4%
Equity	30M	31M	36M	48M	16.6%
Op CF	-2M	-1M	-2M	-3M	—
Inv CF	-2M	208,520	-3M	-11M	—
Fin CF	4M	4M	6M	13M	—

PRICE (1M)-12.1%

SMA 50SMA 200

$0.37

RSI (14)

40.0

52W High

$0.67

From 52W High

0.6%

SCORE BREAKDOWN

Quality

ROIC

-7.6%25.1

ROE

-5.0%29.8

GP/Assets

—N/A

Op. Margin

0.0%26.7

FCF/Assets

-24.4%12.7

Piotroski

—27.0

Int. Cover

—N/A

D/E Ratio

—N/A

Current Ratio

5.09x79.3

Value

P/E (TTM)

—N/A

EV/EBITDA

-29.2x88.8

P/FCF

—N/A

P/B

1.9x51.8

P/S

—N/A

Div Yield

—N/A

Momentum

52W High %

55%18.8

RS 6M

-31%21.2

SMA 50/200

0.85x7.6

EPS Rev 4W

—N/A

EPS Rev 12W

—N/A

EPS Improve

0%17.1

Q Growth

—N/A

FUNDAMENTALS

Market Cap

$116M

P/E (Forward)

-25.5x

Gross Margin

0.0%

SECTOR PEERS

Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of NCAU.V are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
NCAU.V	Newcore Gold Ltd.(you)	$116M	8	STRONG SELL
LGC.V	Lavras Gold Corp.	$99M	9	STRONG SELL
OMI.L	Orosur Mining Inc.	$110M	4	STRONG SELL
SANU.CN	Sanu Gold Corp.	$92M	10	STRONG SELL
KTO.V	K2 Gold Corporation	$130M	13	STRONG SELL
SOMA.V	Soma Gold Corp.	$78M	8	STRONG SELL
ONYX.V	Onyx Gold Corp.	$84M	6	STRONG SELL
AGC.CN	Avanti Gold Corp.	$85M	4	STRONG SELL
MACK.V	Mackay Gold & Silver Corp.	$149M	1	STRONG SELL
ABI.V	Abcourt Mines Inc.	$78M	13	STRONG SELL

Peer medians: ROE -12.4% · P/E 15.3x · Gross margin 0.0%

Newcore Gold Ltd. (NCAU.V) — Stock Score Summary

Newcore Gold Ltd. (NCAU.V) has a MoatMap StockRank of 8/100 based on Quality (31/100), Value (42/100), and Momentum (18/100) factor scores. The current signal is STRONG SELL. Newcore Gold is a junior gold explorer that lacks cash flow and does not align with our high-conviction copper and energy transition commodity themes.

Key Financial Metrics

Price	$0.37
Market Cap	$116M
P/E (Forward)	-25.50
Price/Book	1.92
Return on Equity	-5.0%
Return on Invested Capital	-7.6%
Gross Margin	0.0%
Operating Margin	0.0%
Free Cash Flow	$-9M

Newcore Gold Ltd. operates in the Gold industry, part of the Basic Materials sector (Canada).

Frequently Asked Questions

What is Newcore Gold Ltd.’s (NCAU.V) StockRank?: MoatMap’s StockRank for Newcore Gold Ltd. (NCAU.V) is 8/100, with a Strong Sell signal. It is a composite of Quality (31), Value (42), and Momentum (18) factor ranks across MoatMap’s 19,000+ stock universe.
Does Newcore Gold Ltd. have an economic moat?: Newcore Gold Ltd. (NCAU.V) has a Quality factor score of 31/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Newcore Gold Ltd. a buy, hold, or sell?: MoatMap’s current signal for Newcore Gold Ltd. (NCAU.V) is Strong Sell, based on a StockRank of 8/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Newcore Gold Ltd. in?: Newcore Gold Ltd. (NCAU.V) operates in the Basic Materials sector, specifically the Gold industry (Canada).