# NGEx Minerals Ltd. (NGEX.TO) fundamentals

Data as of 2026-11-04. TSX, Canada. Sector: Basic Materials / Mining & Metals. Price C$20.85, market value C$4.5 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). NGEx Minerals Ltd. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / book: 10.4×**. The shares trade at 10.4× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: -2.3%** (5-yr avg -2.8%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Return on equity: -28.1%**. Return on equity is negative because earnings are negative.

## Growth
- **EPS growth (1 yr): -84.8%**. Earnings per share fell 84.8%.

## Financial health
- **Current ratio: 33.83** (quick 33.83). Current assets cover the next year's liabilities 33.83 times.
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. NGEx Minerals Ltd. does not currently pay a dividend.

## Analyst view
- **Analyst consensus: buy** (8 analysts). 8 analysts cover NGEx Minerals Ltd.; the consensus is buy, with an average price target of C$35.33 (+69% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -8.9%** (YTD -20.9%, 3-mo -19.1%). The shares are down 8.9% over twelve months including dividends.
- **From 52-week high: -35.7%** (5.4% above the low). Trading 36% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 36**. An RSI of 36 is neutral.
- **Beta (1 yr): 2.95** (volatility 59%). Beta of 2.95 against the S&P/TSX Composite: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=NGEX.TO · Page: https://foliofundamentals.com/stocks/ngex.to

Not investment advice.