Nevada Canyon Gold (NGLD) Interest Expenses (2014 - 2024)
Nevada Canyon Gold's (NGLD) quarterly Interest Expenses came in at $1.5 million in Q4 2024, up 101.24% YoY from $733685.0 in Q1 2024, and up 101.24% on a QoQ basis from $733685.0 in Q4 2023.
Nevada Canyon Gold (NGLD) Interest Expenses (2014 - 2024) Analysis & Trends
Nevada Canyon Gold (NGLD) has 11 years of Interest Expenses data on file, last reported at $1.5 million in Q4 2024.
- Quarterly Interest Expenses rose 101.24% year-over-year to $1.5 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $1.5 million (up 101.24% YoY) and the FY2024 annual result came in at $1.5 million, up 101.24% from the prior year.
- Interest Expenses rose to $1.5 million in Q4 2024, from $733685.0 in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $1.5 million in Q4 2024 to a low of $182.0 in Q2 2021.
- A 5-year average of $151965.6 and a median of $2000.0 in 2020 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2020 — Interest Expenses plunged 93.71% — and 2022, when it surged 9455.68%.
- Tracing NGLD's Interest Expenses over 5 years: stood at $518.0 in 2020, then surged by 718.92% to $4242.0 in 2021, then jumped by 116.62% to $9189.0 in 2022, then soared by 7884.38% to $733685.0 in 2023, then surged by 101.24% to $1.5 million in 2024.
- The last three Interest Expenses figures came in at $1.5 million (Q4 2024), $733685.0 (Q4 2023), and $2000.0 (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 140.45 Bn | 131.44 Bn | 4.03 Bn | - |
| 2 | Agnico Eagle Mines | 108.80 Bn | 105.34 Bn | 2.43 Bn | 16.04 Mn |
| 3 | Barrick Mining | 79.45 Bn | 73.52 Bn | 2.90 Bn | - |
| 4 | Wheaton Precious Metals | 71.58 Bn | 71.48 Bn | 687.86 Mn | 31.10 Mn |
| 5 | AngloGold Ashanti | 61.94 Bn | 59.11 Bn | 1.70 Bn | - |
| 6 | Gold Fields | 42.71 Bn | 40.93 Bn | - | - |
| 7 | Pan American Silver | 22.35 Bn | 20.78 Bn | 457,000.00 | 10.00 Mn |
| 8 | Royal Gold | 21.96 Bn | 21.77 Bn | 390.45 Mn | 10.01 Mn |
| 9 | Coeur Mining | 21.68 Bn | 20.62 Bn | 535.85 Mn | - |
| 10 | Nevada Canyon Gold | 12.30 Mn | 12.30 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 1.48 Mn |
| Dec 31, 2024 | 1.48 Mn |
| Dec 31, 2023 | 733,685.00 |
| Dec 31, 2023 | 733,685.00 |
| Sep 30, 2023 | 2,000.00 |
| Sep 30, 2023 | 2,000.00 |
| Dec 31, 2022 | 9,189.00 |
| Dec 31, 2022 | 9,189.00 |
| Sep 30, 2022 | 2,000.00 |
| Sep 30, 2022 | 2,000.00 |
| Jun 30, 2022 | 2,000.00 |
| Jun 30, 2022 | 2,000.00 |
| Mar 31, 2022 | 42,905.00 |
| Mar 31, 2022 | 42,905.00 |
| Dec 31, 2021 | 4,242.00 |
| Dec 31, 2021 | 4,242.00 |
| Sep 30, 2021 | 2,000.00 |
| Sep 30, 2021 | 2,000.00 |
| Jun 30, 2021 | 182.00 |
| Jun 30, 2021 | 182.00 |