Diligence memo · auto-generated · as of July 2, 2026
Nevada King Gold Corp.
Nevada King Gold Corp. looks fair against its niche peers and is quiet on financing cadence.
Businessfiled
Nevada King Gold Corp. operates in Mining & Resources, based in VANCOUVER.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Nevada King Gold Corp. has raised $25M in disclosed capital across 7 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $5.6M on 2024-03-22.
Most recent recorded round closed around 2025-04-22.
Valuation (modeled)modeled
Provath models Nevada King Gold Corp. at approximately $11M (range $5.2M–$19M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 0.87× the median modeled value of Series A Mining & Resources companies in 2025–2027 (40 peers) — value vs value, same stage and era. Within the normal band (87% of peer median) for its niche.
Financing rhythm & timingmixed
Historic cadence: a new round about every 7 months.
Last raise 14 mo ago; this sector typically re-raises about every 11 months.
Slightly overdue versus sector cadence.
The last round stepped up 1.1× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 92% of Mining & Resources peers (701 compared).
Modeled value ranks above 79% of those peers.
Closest niche peers: Fortitude Gold Corp, San Cristobal Mining Inc., Torngat Metals Ltd, Rua Gold Inc., Red Metals, Inc..
Peoplefiled
9 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.