NGEx Minerals Stock Forecast

Stock Price Forecast

According to 8 analysts polled by S&P Global, NGEx Minerals stock has a consensus rating of "Buy" and an average price target of $35.27. The average 1-year stock price forecast is 42.62% higher than the current stock price, while the lowest is $32.14 (+29.96%) and the highest is $42.36 (+71.29%).

Price Target: $35.27 (+42.62%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$32.14	$35.27	$34.89	$42.36
Change	+29.96%	+42.62%	+41.08%	+71.29%

* Price targets were last updated on Apr 21, 2026.

Analyst Ratings

The average analyst rating for NGEx Minerals stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	3	3	3	3	3	3
Buy	4	4	4	4	4	4
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	8	8	8	8	8	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Peter Bell Canaccord Genuity	Canaccord Genuity	Buy Maintains $38.75 → $41.50	Buy	Maintains	$38.75 → $41.50	+67.81%	Apr 21, 2026
Fahad Tariq Jefferies	Jefferies	Buy Maintains $38.00	Buy	Maintains	$38.00	+53.66%	Apr 10, 2026
Luke Bertozzi CIBC	CIBC	Hold Maintains $26.00 → $34.00	Hold	Maintains	$26.00 → $34.00	+37.48%	Feb 4, 2026
Rene Cartier BMO Capital	BMO Capital	Buy Maintains $35.00	Buy	Maintains	$35.00	+41.53%	Jan 13, 2026

Financial Forecast

Revenue This Year

n/a

Revenue Next Year

n/a

EPS This Year

-0.56

from -0.63

EPS Next Year

-0.51

from -0.56

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	-	-	-	-	-	-
Operating Income	-7.58M	-34.30M	-48.99M	-77.14M	-129.55M	-121.40M
Net Income	-5.46M	-32.42M	-37.72M	-63.60M	-123.34M	-120.44M
EPS	-	-	-	-	-0.63	-0.56
Free Cash Flow	-3.69M	-16.65M	-24.28M	-37.78M	-54.24M	-91.33M
No. Analysts	-	-	-	-	-	3

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue	2026	2027	2028
High	n/a
Avg	n/a
Low	n/a

Revenue Growth

Revenue Growth	2027	2028
High	-
Avg	-
Low	-

EPS Forecast

EPS	2026	2027	2028
High	-0.52
Avg	-0.56
Low	-0.60

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-