Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
North Bay Resources Inc. (NBRI) is a North American-focused firm engaged in the exploration of various natural resources. The company’s prospecting activities encompass a wide array of valuable deposits, including precious metals such as gold, silver, platinum, palladium, rhodium, iridium, and osmium. It also seeks base metals like copper, industrial minerals like wollastonite and crystalline flake graphite, and strategically important elements including vanadium and rare earth elements. NBRI holds full ownership (a 100% interest) in two key projects: the Mount Washington project located on Vancouver Island, and the Tulameen platinum project situated near Princeton, British Columbia. Furthermore, the company maintains stakes in several other significant properties, including the 1,017-hectare Zeballos Gold property, also found on Vancouver Island. Its portfolio extends to the 413-hectare Fraser River Platinum property in Lytton, British Columbia, and the extensive 2,456-hectare Zippa Mountain Wollastonite property located in Smithers, British Columbia. North Bay Resources Inc. was founded in 2004 and is headquartered in Collegeville, Pennsylvania.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is 'cheap' on P/E, overpriced on P/FC.