Northstar Gold Corp. (NSG.CN) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-82.8%

CA$0.00

vs CA$0.03 price

Levered DCF

CA$0.00

After debt service

Piotroski score

2 / 9

Weak

Altman Z-score

-0.64

Distress zone

Rating

B-

Overall 2 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	-3.98×	-1.55×	-2.24×	-2.41×	-3.59×	-2.94×	-6.52×	-12.99×
P/B	1.24×	0.53×	0.76×	0.74×	1.72×	1.69×	2.15×	2.58×
P/S	0×	0×	0×	0×	0×	0×	0×	0×
EV / EBITDA	-3.72×	-1.78×	-2.54×	-2.28×	-3.14×	-2.54×	-6.08×	-12.88×
Gross margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Operating margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Net margin	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Current ratio	1.07×	0.24×	0.52×	1.09×	1.75×	2.01×	5.17×	1.15×
Debt / equity	0.01×	0×	0×	0.01×	0.01×	0.01×	0.01×	0×
Interest coverage	0×	0×	0×	0×	0×	0×	0×	0×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	-30.9%	-34.3%	-33.7%	-30.6%	-47.8%	-57.5%	-32.9%	-19.9%
Return on invested capital	-30.1%	-29.4%	-28.8%	-31.8%	-55.2%	-57.3%	-33.0%	-19.9%
Return on assets	-27.4%	-29.4%	-30.8%	-27.9%	-43.8%	-50.1%	-31.0%	-19.1%
Free cash flow yield	-19.8%	-54.5%	-39.2%	-50.8%	-30.2%	-30.9%	-15.5%	-5.2%
Earnings yield	-25.0%	-64.3%	-44.6%	-41.4%	-27.9%	-34.1%	-15.3%	-7.7%
Enterprise value	CA$5.6M	CA$2.2M	CA$3.3M	CA$3.4M	CA$7.9M	CA$7.6M	CA$11.9M	CA$11.4M
Net debt / EBITDA	0.37×	0.03×	0.08×	0.14×	0.26×	0.4×	0.44×	0.1×
Cash conversion cycle (days)	0	-2,960,435	-157,309	-53,212	-100,408	-67,191	-54,848	-34,060