This summary was created by AI, based on 1 opinions in the last 12 months.
According to the experts, NUG-X is considered a high-risk investment due to its low market cap, significant decrease in stock price, negative cash flow, lack of capital, and unsuccessful financing. The company has also not seen any positive results from its drilling activities. Overall, the consensus is that investors should stay away from this stock.
Strictly speculative. An explorer-developer that thinks that they have discovered a massive deposit. They have been attracting top Barrick gold executives. If it is a large deposit, it will grow exponentially.
Nulegacy Gold is a Canadian stock, trading under the symbol NUG-X on the TSX Venture Exchange (NUG-CV). It is usually referred to as TSXV:NUG or NUG-X
In the last year, 1 stock analyst published opinions about NUG-X. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Nulegacy Gold.
Nulegacy Gold was recommended as a Top Pick by on . Read the latest stock experts ratings for Nulegacy Gold.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Nulegacy Gold In the last year. It is a trending stock that is worth watching.
On 2024-04-22, Nulegacy Gold (NUG-X) stock closed at a price of $0.01.
NUG is essentially a lottery ticket. Market cap is only $6M, already down 60% in 2024. It has had negative cash flow and the suspension likely stems from a complete lack of capital. It has not seen any 'meaningful' results from drilling and was not able to complete a recent financing. We would stay far, far away from this one.
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