Investor Insights

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.

Consensus
Avoid
Valuation
Overvalued
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DON'T BUY
Nulegacy Gold
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

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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Golds
HOLD
Nulegacy Gold
An explorer. Likes it, but there's risk. Once there's a big discovery in the States, a lot of US money will come into the sector and that could be bullish. Lots of optimism on this. No problem acquiring at this level. Once more results come in, he will have to decide whether to pull money out or add.
Golds
TOP PICK
Nulegacy Gold

Speculative, based on upcoming drill results. NUG has good managers (from Barrick) and sit on great geography (USA). (Analysts’ price target is $0.25)

Golds
TOP PICK
Nulegacy Gold

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.

Golds
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Nulegacy Gold(NUG-X) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 1

Stockchase rating for Nulegacy Gold is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Nulegacy Gold(NUG-X) Frequently Asked Questions

What is Nulegacy Gold stock symbol?

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

Is Nulegacy Gold a buy or a sell?

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.

Is Nulegacy Gold a good investment or a top pick?

Nulegacy Gold was recommended as a Top Pick by on . Read the latest stock experts ratings for Nulegacy Gold.

Why is Nulegacy Gold stock dropping?

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.

Is Nulegacy Gold worth watching?

1 stock analyst on Stockchase covered Nulegacy Gold In the last year. It is a trending stock that is worth watching.

What is Nulegacy Gold stock price?

On 2024-04-22, Nulegacy Gold (NUG-X) stock closed at a price of $0.01.