Equity Clock

Arithmetic Average Seasonal Chart

Geometric Average Seasonal Chart

NGLD Relative to the S&P 500

% of Free Cash Flow Generated in Each Quarter

% of Net Income Generated in Each Quarter

Seasonal Chart Analysis

Analysis of the Nevada Canyon Gold Corp. (OTCMKT:NGLD) seasonal charts above shows that a Buy Date of June 25 and a Sell Date of September 21 has resulted in a geometric average return of 38.06% above the benchmark rate of the S&P 500 Total Return Index over the past 8 years. This seasonal timeframe has shown positive results compared to the benchmark in 8 of those periods. This is an excellent rate of success and the return strongly outperforms the relative buy-and-hold performance of the stock over the past 8 years by an average of 32.33% per year.

A word of caution: Only 8 years of data is available for shares of NGLD, perhaps insufficient to create a seasonal profile that accurately gauges the seasonal tendencies influencing the investment. Ideally, while 20 years is preferred, at least 10 years of data is required to perform a seasonal analysis that is considered to be reliable for future seasonal periods.

Nevada Canyon Gold Corp is a junior precious metals exploration company. The company holds an interest in the Nevada and the Lazy Claims Property located within the Walker Lane shear zone, Loman Property located in Mineral County, Nevada, Agai-Pah Property located in the northwestern portion of the Gillis Range, within the Buckley Mining District, Belshazzar Property, Swales Property, Olinghouse Project and Palmetto Project.

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Stocks mentioned in this post: NGLD