Oct 13 close Sign in

Metals & mining

NGEx Minerals (NGEX)

Listed on the Toronto Stock Exchange; prices in Canadian dollars. All 218 TSX stocks.

Your signal

Sell16 / 100

Sell: 16 is at or below your Sell line of 40. Plays in (19%) scores 19 and lifts it; Off the high (−27% from its 1-year high) scores 12 and holds it back.

Every factor in this score has a tested record: each was checked month by month since 2011 on numbers public at the time.

Factor you weightNGEXPointsWeightAdds
Plays in19%19407.6
Off the high−27% from its 1-year high12303.6
Trend−13% vs 200-day17305.1
Email me when it flips

Your signal is the one call Be The Puck makes on a stock, and you set it: weight the plays, analysts, P/E, growth, debt, trend and more, and move the Buy and Sell lines. Every page follows your choice. How the score works

All 18 factors for NGEX
FactorNGEXPointsWhat it is
Plays in19%19The share of the plays you count that hold it now.
Analysts' upside+53% · 8 analysts · capped: below 200-day50How far analysts' average 12-month target sits above the price (3+ analysts). −20% scores 0, +50% full marks; at most 50 while the price is below its 200-day average, since targets lag a falling price.
Analysts' rating1.7 · buy67The analysts' average recommendation: strong buy scores 100, hold or worse 0.
P/Eloss0Price over the last four quarters' earnings per share. Lower ranks higher; a loss scores 0. Source: Yahoo Finance.
Forward P/Eloss expected0Price over next year's expected earnings. Lower ranks higher; an expected loss scores 0. Source: Yahoo Finance.
PEG––P/E divided by expected earnings growth. Lower ranks higher; around 1 is often read as fair for the growth.
Price to sales––Market value over the last 12 months' revenue. Lower ranks higher.
Price to book11.7×15Price over book value (assets minus debts) per share. Lower ranks higher. Source: Yahoo Finance.
Dividend yieldnone0Dividends over the last year as a share of the price. Higher ranks higher; no dividend scores 0. Source: Yahoo Finance.
Earnings growth––Earnings per share over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher.
Revenue growth––Revenue over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher.
Profit margin0%17Net profit as a share of revenue. Higher ranks higher. Source: Yahoo Finance.
Return on equity−45%5Profit as a share of shareholders' equity. Higher ranks higher. Source: Yahoo Finance.
Debt to equity––Debt against shareholders' equity. Lower ranks higher; negative equity scores 0.
Off the high−27% from its 1-year high12How far the price sits below its highest close of the last year: 100 points at the high, none at 30% or more below. The exit rule: a stock that keeps falling loses points whatever else it has going for it.
Trend−13% vs 200-day17How far the price sits above its 200-day average. Higher ranks higher.
1-year momentum−5%27The price change over the last 12 months. Higher ranks higher.
Low crash exposure8/10 · very high20The storm test: 100 for no exposure, 10 points off per point of exposure.

The read

Test a theory on NGEX

This analysis does not constitute trading advice. Please meet with an advisor or independently review sources before making any decision. New to this? Start with the basics.

Plays in19 / 100Every play Be The Puck tests, in 7 families.
Crash exposureVery high8 of 10 on the storm testMayer Multiple0.87×Price ÷ its 200-day average (−13%). Higher than on 2% of days since 2020. Above 2.4 is Mayer's overheated zone.

The most accurate play in each family

Each family's play whose calls went the right way most often, tested on 351 stocks since 2005, and what it says about NGEX now.

A call is right when the stock rose after an in call or fell after an out call. Trend plays are built to take many small losses for a few big wins, so their hit rates run lower; being right often isn't the same as making the most money. How we test a play.

NGEX, day by day

How to read candlesticks

Each candle is one trading day: the box spans the open and close, the thin line the day's high and low. Hollow boxes closed up, filled boxes closed down. Toggle the averages to see the trend the plays read. Dots above the candles mark news and company filings: hover or tap one to see the story and how the stock moved from the last close before it, against the market on the same days.

What moved NGEX lately

Its 2 biggest moves against the S&P/TSX in the last 30 sessions, the news read on each, and how reliably that kind of news has moved stocks before. How it's measured

Thu Sep 10−8.0% against the S&P/TSX2.5× a normal day

NGEX −9.1%, the S&P/TSX −1.1% that session; −13.0% against the S&P/TSX over five sessions.

No earnings report, rating change, 8-K filing or news story on NGEX was found for this session. Be The Puck's headline archive for NGEX starts Oct 2, so news stories from that day aren't in it. The S&P/TSX moved −1.1%. The 50 other Metals & mining stocks Be The Puck covers moved −4.2% on average, so most of the move was its own.

Tue Sep 8+11.4% against the S&P/TSX3.8× a normal day

NGEX +10.3%, the S&P/TSX −1.1% that session; −1.6% against the S&P/TSX over five sessions.

No earnings report, rating change, 8-K filing or news story on NGEX was found for this session. Be The Puck's headline archive for NGEX starts Oct 2, so news stories from that day aren't in it. The S&P/TSX moved −1.1%. The 50 other Metals & mining stocks Be The Puck covers moved +0.1% on average, so most of the move was its own.

Two years of calls, week by week

InOutShare of plays in

One row per play, grouped by family. When most rows turn green at once, the trend is broad. When they split, the plays disagree and the stock is usually chopping sideways.

Every play on NGEX

All 100 plays, by family.

Calls right: how often the play's calls on NGEX went the right way since 2005. Record columns: play / buy and hold, annual return and worst drawdown since 2019. Click a column to sort.Sort with the menu above the list.

PlayCallSinceNext moveCalls rightAnnual returnWorst drawdown
Trend following
PB EMABitcoin Playboy · dailyOUTSep 24, 2026 −8.2%Enter above C$24.87 (+6.3%)21% 49/236+10.0% / +80.0%−73.3% / −66.7%
Bull Market Support BandBenjamin Cowen · weeklyOUTSep 4, 2026 −7.8%Enter above C$25.99 (+11.1%)27% 9/33+39.0% / +92.4%−62.0% / −66.7%
Ripster EMA CloudRipster · dailyOUTSep 23, 2026 −9.9%Enter above C$25.65 (+9.6%)15% 20/137+23.9% / +84.3%−65.7% / −66.7%
Trend TemplateMark Minervini · dailyOUTJun 17, 2026 −13.3%Not on one close15% 14/95+28.9% / +92.2%−62.8% / −66.7%
Stage AnalysisStan Weinstein · weeklyOUTSep 4, 2026 −7.8%Enter above C$30.62 (+30.9%)24% 8/34+37.7% / +92.2%−56.8% / −66.7%
Stage 2 + Mansfield RSStan Weinstein · weeklyOUTAug 28, 2026 −16.4%Enter above C$28.73 (+22.8%)21% 6/29+40.0% / +89.2%−61.5% / −66.7%
10-Month SMAMeb Faber · month-endOUTSep 30, 2026 −5.3%Enter above C$26.81 (+14.6%)43% 3/7+68.4% / +90.8%−58.1% / −66.7%
200-Day RulePaul Tudor Jones · dailyOUTSep 23, 2026 −9.9%Enter above C$26.77 (+14.4%)12% 6/51+54.1% / +93.1%−57.3% / −66.7%
Golden CrossMarket tradition · dailyOUTJul 7, 2026 −4.7%Enter above C$51.78 (+121.4%)50% 2/4+75.8% / +93.1%−66.7% / −66.7%
Granville 200-DayJoseph E. Granville · dailyOUTSep 23, 2026 −9.9%Enter above C$28.47 (+21.7%)12% 6/51+51.5% / +90.4%−57.3% / −66.7%
Hull Moving AverageAlan Hull · weeklyOUTSep 11, 2026 −8.9%Enter above C$29.41 (+25.7%)23% 10/43+34.8% / +82.8%−49.9% / −66.7%
Kaufman Adaptive MAPerry J. Kaufman · dailyOUTSep 23, 2026 −9.9%Enter above C$25.32 (+8.3%)21% 55/258+4.4% / +79.5%−80.6% / −66.7%
TEMA CrossoverPatrick G. Mulloy · dailyOUTSep 1, 2026 −8.5%Enter above C$28.92 (+23.6%)25% 22/88+24.6% / +101.9%−50.4% / −66.7%
Seykota 15/150Ed Seykota · dailyINOct 29, 2020 +4,824.2%Exit below C$10.30 (−56.0%)–+93.1% / +93.1%−66.7% / −66.7%
Guppy Multiple MAsDaryl Guppy · dailyOUTSep 3, 2026 −8.5%Enter above C$37.29 (+59.4%)30% 13/44+39.0% / +87.2%−51.4% / −66.7%
Ichimoku CloudGoichi Hosoda · dailyOUTSep 10, 2026 −8.8%Not on one close20% 8/40+32.1% / +91.6%−56.1% / −66.7%
SupertrendOlivier Seban · dailyOUTSep 1, 2026 −8.5%Enter above C$26.52 (+13.4%)41% 20/49+43.4% / +75.4%−53.0% / −66.7%
Williams AlligatorBill Williams · dailyOUTSep 4, 2026 −7.8%Not on one close38% 37/97+32.3% / +75.4%−38.2% / −66.7%
Vortex IndicatorEtienne Botes & Douglas Siepman · dailyOUTOct 7, 2026 −1.4%Enter above C$28.95 (+23.8%)32% 62/192+19.9% / +74.5%−65.1% / −66.7%
AroonTushar S. Chande · dailyOUTSep 9, 2026 −17.1%Enter above C$28.95 (+23.8%)50% 31/62+50.5% / +74.3%−50.3% / −66.7%
Parabolic SARJ. Welles Wilder Jr. · dailyOUTSep 14, 2026 −4.1%Enter above C$25.51 (+9.1%)38% 52/136+38.5% / +77.5%−48.7% / −66.7%
ADX TrendJ. Welles Wilder Jr. · dailyOUTOct 27, 2025 +4.3%Not on one close40% 17/43+26.8% / +75.8%−41.3% / −66.7%
MACD Zero LineGerald Appel · dailyOUTSep 10, 2026 −8.8%Enter above C$32.63 (+39.5%)27% 17/64+35.1% / +85.9%−53.2% / −66.7%
Zweig 4% ModelMartin Zweig · weeklyOUTSep 4, 2026 −7.8%Enter above C$24.78 (+6.0%)30% 36/121+16.3% / +74.4%−62.0% / −66.7%
MAMA/FAMA CrossJohn F. Ehlers · dailyOUTSep 4, 2026 −7.8%Enter above C$29.02 (+24.1%)30% 22/74+48.4% / +85.9%−42.6% / −66.7%
Schaff Trend CycleDoug Schaff · dailyOUTOct 7, 2026 −1.4%Not on one close32% 23/72+23.7% / +101.9%−55.4% / −66.7%
Zero Lag EC CrossJohn F. Ehlers & Ric Way · dailyOUTSep 10, 2026 −8.8%Enter above C$31.93 (+36.5%)29% 15/52+39.3% / +84.3%−56.5% / −66.7%
DP Trend ModelCarl Swenlin & Erin Swenlin · dailyOUTSep 14, 2026 −4.1%Enter above C$38.95 (+66.5%)29% 10/35+44.0% / +84.3%−59.6% / −66.7%
Elder Triple ScreenAlexander Elder · dailyOUTAug 18, 2026 −13.4%Not on one close30% 17/56+20.7% / +92.3%−52.4% / −66.7%
Holy GrailLinda Bradford Raschke & Larry Connors · dailyOUTOct 27, 2025 +4.3%Not on one close38% 12/32+10.0% / +85.9%−34.1% / −66.7%
Breakouts & channels
Four-Week RuleRichard Donchian · dailyOUTSep 1, 2026 −8.5%Enter above C$27.73 (+18.6%)31% 10/32+46.7% / +75.4%−53.0% / −66.7%
Turtle System 1Richard Dennis & William Eckhardt · dailyOUTSep 1, 2026 −8.5%Enter above C$27.73 (+18.6%)20% 11/54+6.9% / +83.2%−57.7% / −66.7%
Turtle System 2Richard Dennis & William Eckhardt · dailyOUTAug 31, 2026 −14.0%Enter above C$30.42 (+30.1%)21% 7/34+24.0% / +83.2%−57.2% / −66.7%
Clenow TrendAndreas F. Clenow · dailyOUTSep 1, 2026 −8.5%Enter above C$43.72 (+86.9%)28% 11/40+30.3% / +84.3%−51.2% / −66.7%
Darvas BoxNicolas Darvas · dailyOUTSep 1, 2026 −8.5%Not on one close26% 9/34+29.4% / +75.4%−65.4% / −66.7%
Keltner ChannelChester W. Keltner & Linda Bradford Raschke · dailyOUTAug 31, 2026 −14.0%Enter above C$27.95 (+19.5%)24% 18/74+2.6% / +79.5%−59.4% / −66.7%
Bollinger BreakoutJohn Bollinger · dailyOUTAug 31, 2026 −14.0%Enter above C$27.20 (+16.3%)29% 25/86+7.0% / +75.3%−59.9% / −66.7%
Chandelier ExitChuck LeBeau · dailyOUTSep 1, 2026 −8.5%Enter above C$27.42 (+17.2%)40% 27/68+30.4% / +74.4%−51.8% / −66.7%
Wilder Volatility SystemJ. Welles Wilder Jr. · dailyOUTSep 1, 2026 −8.5%Enter above C$26.23 (+12.1%)38% 24/63+33.0% / +75.4%−49.3% / −66.7%
P&F Double TopA.W. Cohen & Thomas J. Dorsey · dailyOUTSep 1, 2026 −8.5%Enter above C$26.24 (+12.2%)43% 33/77+44.7% / +77.5%−51.9% / −66.7%
Chande Kroll StopTushar S. Chande & Stanley Kroll · dailyOUTSep 23, 2026 −9.9%Enter above C$25.67 (+9.7%)23% 31/134+21.9% / +75.8%−53.1% / −66.7%
Acceleration BandsPrice Headley · dailyOUTOct 6, 2025 −10.1%Not on one close21% 15/72+9.2% / +75.4%−67.6% / −66.7%
TTM SqueezeJohn F. Carter · dailyOUTAug 14, 2026 −14.9%Not on one close26% 13/50+5.9% / +79.5%−22.7% / −66.7%
NR7 BreakoutToby Crabel · dailyOUTSep 28, 2026 −5.0%Enter above C$23.62 (+1.0%)26% 54/204+22.3% / +81.0%−58.0% / −66.7%
Bollinger SqueezeJohn Bollinger · dailyOUTJan 20, 2026 −13.0%Not on one close31% 5/16+4.7% / +93.1%−22.8% / −66.7%
Momentum
12-Month MomentumMoskowitz, Ooi & Pedersen · month-endOUTSep 30, 2026 −5.3%Enter above C$23.69 (+1.3%)100% 1/1+93.9% / +92.2%−66.7% / −66.7%
12-1 MomentumNarasimhan Jegadeesh & Sheridan Titman · month-endINOct 29, 2021 +2,007.2%Not on one close50% 1/2+82.8% / +92.2%−66.7% / −66.7%
Dual MomentumGary Antonacci · month-endOUTSep 30, 2026 −5.3%Enter above C$26.35 (+12.6%)60% 3/5+72.3% / +92.2%−66.7% / −66.7%
Stocks on the MoveAndreas F. Clenow · dailyOUTApr 23, 2026 −16.6%Not on one close22% 7/32+17.1% / +86.1%−30.3% / −66.7%
52-Week HighThomas J. George & Chuan-Yang Hwang · month-endOUTMar 31, 2026 −7.5%Enter above C$30.25 (+29.3%)31% 5/16+19.8% / +89.5%−44.3% / −66.7%
Levy Relative StrengthRobert A. Levy · weeklyOUTAug 28, 2026 −16.4%Enter above C$27.30 (+16.7%)28% 9/32+48.6% / +88.5%−65.5% / −66.7%
MACD Signal CrossGerald Appel · dailyOUTSep 28, 2026 −5.0%Enter above C$25.41 (+8.6%)34% 49/144+32.7% / +85.9%−57.1% / −66.7%
Elder ImpulseAlexander Elder · dailyOUTOct 7, 2026 −1.4%Enter above C$24.43 (+4.5%)24% 69/284+1.7% / +85.9%−79.4% / −66.7%
Know Sure ThingMartin J. Pring · dailyOUTOct 6, 2026 −5.9%Enter above C$27.35 (+16.9%)46% 41/90+49.1% / +83.8%−46.4% / −66.7%
Coppock CurveEdwin S. C. Coppock · month-endOUTAug 31, 2021 +3,734.4%Not on one close–+3.8% / +100.5%0.0% / −66.7%
CCI +100Donald R. Lambert · dailyOUTAug 27, 2026 −20.0%Enter above C$27.36 (+17.0%)27% 56/210+12.9% / +75.4%−41.5% / −66.7%
TRIX Signal CrossJack K. Hutson · dailyOUTSep 2, 2026 −9.1%Enter above C$32.47 (+38.8%)37% 32/87+25.2% / +84.3%−55.8% / −66.7%
TSI Zero LineWilliam Blau · dailyOUTSep 10, 2026 −8.8%Enter above C$32.96 (+40.9%)25% 15/61+34.2% / +84.3%−54.1% / −66.7%
13612W MomentumWouter J. Keller & Jan Willem Keuning · month-endOUTSep 30, 2026 −5.3%Enter above C$24.71 (+5.7%)43% 9/21+60.7% / +92.2%−58.1% / −66.7%
Market-State MomentumMichael J. Cooper, Roberto C. Gutierrez Jr. & Allaudeen Hameed · month-endINAug 31, 2022 +939.6%Not on one close–+81.5% / +81.5%−30.6% / −30.6%
Frog in the PanZhi Da, Umit G. Gurun & Mitch Warachka · dailyOUTSep 30, 2026 −5.3%Not on one close50% 10/20+56.9% / +92.2%−57.3% / −66.7%
PMO Signal CrossCarl Swenlin · dailyOUTSep 1, 2026 −8.5%Enter above C$27.14 (+16.0%)30% 32/108+22.4% / +101.9%−56.9% / −66.7%
Mean reversion
RSI 30/70J. Welles Wilder Jr. · dailyINMar 23, 2026 −2.3%Not on one close44% 4/9+17.6% / +74.8%−30.4% / −66.7%
RSI(2) PullbackLarry Connors & Cesar Alvarez · dailyOUTMay 6, 2026 −11.3%Not on one close49% 53/109+15.4% / +93.1%−27.3% / −66.7%
Double 7sLarry Connors & Cesar Alvarez · dailyOUTSep 8, 2026 −16.4%Not on one close68% 112/165+37.7% / +93.1%−65.3% / −66.7%
Bollinger ReversionJohn Bollinger · dailyINOct 8, 2026 +1.0%Sell above C$24.90 (+6.5%)62% 29/47+15.5% / +75.3%−44.3% / −66.7%
Stochastic 20/80George C. Lane · dailyINSep 4, 2026 −7.8%Not on one close56% 24/43+22.0% / +75.3%−55.4% / −66.7%
Williams %RLarry Williams · dailyINSep 8, 2026 −16.4%Not on one close58% 47/81+15.6% / +74.5%−66.2% / −66.7%
DeMark 9-CountTom DeMark · dailyOUTJun 4, 2026 −20.0%Not on one close67% 8/12+29.4% / +83.2%−15.9% / −66.7%
Mayer MultipleTrace Mayer · dailyINApr 25, 2022 +544.4%Sell above C$64.70 (+176.6%)80% 8/10+97.6% / +93.1%−62.7% / −66.7%
ConnorsRSI PullbackLarry Connors & Cesar Alvarez & Matt Radtke · dailyOUTJan 19, 2024 +193.8%Not on one close43% 6/14+5.0% / +101.9%−9.5% / −66.7%
Laguerre RSIJohn F. Ehlers · dailyINOct 9, 2026 −1.8%Not on one close43% 43/99+32.8% / +79.5%−53.8% / −66.7%
StochRSI 20/80Tushar S. Chande & Stanley Kroll · dailyINOct 9, 2026 −1.8%Not on one close47% 67/143+5.1% / +79.5%−64.9% / −66.7%
IBS ReversionAlexander S. Pagonidis · dailyOUTOct 8, 2026 +1.0%Buy below C$23.39 (0.0%)58% 368/637+71.6% / +79.2%−46.4% / −66.7%
Connors %bLarry Connors & Cesar Alvarez · dailyOUTMay 13, 2026 −21.3%Not on one close58% 21/36+20.8% / +93.1%−55.4% / −66.7%
Fisher TransformJohn F. Ehlers · dailyOUTOct 13, 2026 0.0%Enter above C$23.69 (+1.3%)36% 126/354+15.5% / +85.9%−75.2% / −66.7%
1-Month ReversalNarasimhan Jegadeesh & Bruce N. Lehmann · month-endINSep 30, 2026 −5.3%Sell above C$25.20 (+7.7%)66% 31/47+43.9% / +75.8%−54.8% / −66.7%
Volume & money flow
On-Balance VolumeJoseph E. Granville · dailyOUTOct 6, 2026 −5.9%Not on one close24% 47/192+4.8% / +75.3%−70.9% / −66.7%
Chaikin Money FlowMarc Chaikin · dailyINOct 9, 2026 −1.8%Not on one close39% 28/72+30.2% / +75.4%−54.7% / −66.7%
Money Flow IndexGene Quong & Avrum Soudack · dailyINSep 16, 2026 −3.5%Not on one close78% 18/23+43.3% / +74.8%−55.4% / −66.7%
Negative Volume IndexNorman Fosback & Paul Dysart · dailyINMay 12, 2026 −17.5%Not on one close36% 12/33+34.1% / +91.8%−34.5% / −66.7%
Force IndexAlexander Elder · dailyOUTSep 23, 2026 −9.9%Enter above C$24.19 (+3.4%)31% 51/162+35.0% / +74.6%−48.9% / −66.7%
Buff AveragesBuff Dormeier · dailyOUTSep 29, 2026 −6.3%Enter above C$31.79 (+35.9%)35% 48/137+30.7% / +75.3%−56.6% / −66.7%
Chaikin OscillatorMarc Chaikin · dailyOUTOct 8, 2026 +1.0%Enter above C$23.39 (+0.0%)34% 56/163+13.0% / +75.4%−63.3% / −66.7%
Volume Flow IndicatorMarkos Katsanos · dailyOUTOct 6, 2026 −5.9%Not on one close31% 10/32+53.7% / +92.2%−63.2% / −66.7%
Klinger OscillatorStephen J. Klinger · dailyOUTOct 7, 2026 −1.4%Buy C$23.38–C$23.91 (−0.1%)37% 77/210+47.8% / +86.5%−43.3% / −66.7%
Candles & chart patterns
Engulfing SwitchSteve Nison & Thomas N. Bulkowski · dailyOUTFeb 4, 2026 −18.9%Not on one close35% 14/40+25.5% / +83.2%−43.2% / −66.7%
HikkakeDaniel L. Chesler · dailyOUTJun 5, 2026 −5.4%Not on one close29% 7/24+22.5% / +80.0%−35.5% / −66.7%
Turtle Soup Plus OneLinda Bradford Raschke & Larry Connors · dailyOUTMar 18, 2026 −0.8%Not on one close12% 1/8+3.6% / +74.6%−7.7% / −66.7%
Calendar
Halloween IndicatorSven Bouman & Ben Jacobsen & Yale Hirsch & Jeffrey Hirsch · dailyOUTApr 30, 2026 −6.9%Buys Oct 3071% 10/14+55.0% / +79.2%−46.7% / −66.7%
Best Six + MACDYale Hirsch & Jeffrey Hirsch · dailyINOct 2, 2026 −7.7%Window opens Apr 167% 10/15+65.9% / +85.9%−46.7% / −66.7%
Seasonal TimingSy Harding · dailyOUTApr 27, 2026 −13.4%Window opens Oct 1657% 8/14+62.2% / +85.9%−46.7% / −66.7%
Santa Claus RallyYale Hirsch & Jeffrey Hirsch · dailyOUTJan 5, 2026 −12.7%Buys Dec 2350% 7/14+11.4% / +79.2%−17.8% / −66.7%
Turn of the MonthJosef Lakonishok & Seymour Smidt & Robert A. Ariel · dailyOUTOct 5, 2026 −6.4%Buys Oct 2944% 76/172−0.7% / +79.2%−65.8% / −66.7%
Presidential Sweet SpotYale Hirsch & Jeffrey Hirsch · dailyINSep 30, 2026 −5.3%Sells Jun 3033% 1/3+22.0% / +79.2%−19.7% / −66.7%
Pre-HolidayRobert A. Ariel & Josef Lakonishok & Seymour Smidt · dailyOUTSep 4, 2026 −7.8%Buys Nov 2448% 63/132+12.3% / +79.2%−9.9% / −66.7%
January BarometerYale Hirsch & Jeffrey Hirsch · month-endINDec 30, 2022 +659.4%Not on one close33% 2/6+33.3% / +79.6%−30.6% / −66.7%
Weekend EffectKenneth French & Josef Lakonishok & Seymour Smidt · dailyINOct 13, 2026 0.0%Sells Oct 1651% 383/745+73.6% / +79.2%−57.6% / −66.7%
Pre-FOMC DriftDavid Lucca & Emanuel Moench · dailyOUTSep 16, 2026 −3.5%Buys Oct 2732% 36/112−2.8% / +79.2%−28.0% / −66.7%
Lunar CycleKathy Yuan, Lu Zheng & Qiaoqiao Zhu · dailyINOct 2, 2026 −7.7%Sells Oct 1646% 81/177+3.7% / +79.2%−66.2% / −66.7%
Benchmark
Buy & HoldJohn C. Bogle · benchmarkINAug 20, 2019Always in–+77.2%−66.7%

If the market cracks: the storm test

How the storm test works
ExposureVery high8 of 10 points
  • Market swings3/3
  • Past crashes1/2
  • Debt3/3
  • Run-up1/2
  • It moves about 1.6× its index.
  • It fell about 1.3× as far as its index in past crashes.
  • It operating profit doesn't cover its interest.
  • It is up 104% in two years, a run-up size that crashed about half the time in history.

Past crashes, peak to low

COVID crash Feb 2020 to Mar 2020 · back to its old high Apr 2020

NGEX−26%
TSX−37%

2022 bear market Jan 2022 to Jul 2022 · back to its old high Jul 2022

NGEX−26%
TSX−14%
  • Beta1.58Moves about 1.6× as much as the TSX week to week.
  • Downside capture198%In months the TSX fell, this fell 198% as much on average.
  • Two-year change+104%Run-ups of 100%+ crashed 40% or more within two years about half the time (Greenwood, Shleifer & You).
  • From 52-week high−27%
  • Interest cover−1,632.3×

A crash marks every stock down; debt decides which companies come through. The storm test scores both halves: how hard the stock swings with the market, and how much debt it carries into a downturn. It describes fragility; it does not predict a crash.

The business behind the price

How to judge these numbers

Other Industrial Metals & Mining · NGEx Minerals Ltd. engages in the acquisition, exploration, and development of mineral properties in South America. The company's flagship project includes Vicuña Project consists of the Los Helados deposit located in Chile and the Lunahuasi deposit in San Juan, Argentina. The company was formerly known as 11264796 Canada Inc. and changed its name to NGEx Minerals Ltd. in June 2019. NGEx Minerals Ltd. was incorporated in 2019 and is headquartered in Vancouver, Canada.

Size and valuation
Market capC$5.1BWhat the whole company is worth at today's price: share price × shares outstanding.
P/E ration/aLost money over the last year, so there is no profit to divide by.
Price to book11.7×Price against the company's net assets (its equity) per share.
Profit and growth
Profit margin0.0%Spends more than it brings in.
Return on equity−45.3%Yearly profit as a share of shareholders' money in the business.
Free cash flow−C$58.7MBurning cash: needs savings or new money to keep going.
Balance sheet
Total equityC$440MWhat it owns minus what it owes.
Total debtC$0Loans and bonds it has to pay back, with interest.
CashC$467MCash and short-term investments on hand.
Debt to equity0.00×Comfortable.
Interest cover−1,632.3×Operating profit divided by interest. Under 2× means one bad year could make the interest hard to pay.
Wall Street
Average analyst targetC$35.8953% above the close, from 8 analysts (range C$32.33 to C$38.91).
Consensus ratingBuyAnalysts' average recommendation. Ratings lean positive: sell ratings are rare.

Company figures from Yahoo Finance, fetched Oct 14, 2026. Analyst targets are opinions, not forecasts Be The Puck checks.

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