BNAU:CA:TSX-Battle North Gold Corporation (CAD)

COMMON STOCK | Gold | TSX

Last Closing Price

CAD 2.64

Change

+0.02 (+0.76)%

Market Cap

CAD 0.34B

Volume

1.89M

Average Target Price

CAD 3.13 (+18.69%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Battle North Gold Corporation engages in the exploration of gold properties in Canada and the United States. Its flagship project is the Bateman Gold Project located in the Red Lake gold district in Ontario, Canada. The company also holds approximately 282 square kilometers of mineral claims in the Red Lake area; and owns a gold exploration project on the Long Canyon gold trend near the Nevada-Utah border in the United States. The company was formerly known as Rubicon Minerals Corporation and changed its name to Battle North Gold Corporation in July 2020. Battle North Gold Corporation was incorporated in 1996 and is headquartered in Toronto, Canada.

Company Website : http://www.battlenorthgold.com

Address : 121 King Street West, Toronto, ON, Canada, M5H 3T9

Fiscal Year End : December

Currency: CAD

Country : Canada

Technical Indicators

Beta : 1.60

52 Week High : 2.63

Short Ratio : 0.19

52 Week Low : 0.92

Shorted Shares : 428,840

200 Day Moving Average : 1.97

Shorted Shares Previous Month : 78,695

50 Day Moving Average : 2.27

Shares Held By Insiders : 5.8%

Shares Held by Institutions : 43.45%

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-04-16 )

Largest Industry Peers for Gold

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
NGT:CA Newmont Corporation

+0.54 (+0.67%)

 CAD65.57B 18.52 10.98
ABX:CA Barrick Gold Corporation

+0.25 (+0.91%)

 CAD49.01B 16.82 6.30
FNV:CA Franco-Nevada Corporation

+0.39 (+0.23%)

 CAD32.68B 79.82 54.49
WPM:CA Wheaton Precious Metals Corp

+0.32 (+0.61%)

 CAD23.70B 37.26 31.02
NCM:CA Newcrest Mining Limited

+0.05 (+0.19%)

 CAD21.28B 17.44 6.86
AEM:CA Agnico Eagle Mines Limited

+1.39 (+1.75%)

 CAD19.34B 30.14 13.60
KL:CA Kirkland Lake Gold Ltd

+0.51 (+1.09%)

 CAD12.47B 12.79 7.16
K:CA Kinross Gold Corporation

+0.04 (+0.43%)

 CAD11.78B 7.03 4.64
EDV:CA Endeavour Mining Corporation

+0.26 (+0.91%)

 CAD7.19B 43.10 13.43
BTO:CA B2Gold Corp

+0.13 (+2.08%)

 CAD6.61B 8.49 4.27

ETFs Containing BNAU:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Gold)		 Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 26.92% 96% A 86% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 26.92% 96% A 85% B
Trailing 12 Months  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) N/A N/A N/A N/A N/A
Risk Adjusted Return N/A N/A N/A N/A N/A
Market Capitalization 0.34B 43% F 50% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Gold)		 Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 0.21 95% A 98% A+
Price/Book Ratio 6.23 16% F 16% F
Price / Cash Flow Ratio -21.40 71% C- 89% B+
EV/EBITDA N/A N/A N/A N/A N/A
Management Effectiveness  
Return on Equity -72.55% 13% F 8% F
Return on Invested Capital -48.23% 8% F 4% F
Return on Assets -24.84% 8% F 5% F
Debt to Equity Ratio N/A N/A N/A N/A N/A
Technical Ratios  
Short Ratio 0.19 93% A 77% C+
Short Percent N/A N/A N/A N/A N/A
Beta 1.60 16% F 21% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.