Diligence memo · auto-generated · as of July 2, 2026

Nighthawk Gold Corp.

Nighthawk Gold Corp. looks under-valued against its niche peers and is at-risk on financing cadence.

WatchOverdue for a raise versus sector cadence — could be a bridge, a down round, or distress. Watch for the next filing.

Businessfiled

Nighthawk Gold Corp. operates in Mining & Resources, based in TORONTO.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Nighthawk Gold Corp. has raised $300K in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).

Largest single filing: $300K on 2023-08-04.

Most recent recorded round closed around 2023-08-04.

Valuation (modeled)modeled

Provath models Nighthawk Gold Corp. at approximately $956K (range $388K–$2.6M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Under-valued. Modeled value is 0.12× the median modeled value of Series A Mining & Resources companies in 2022–2024 (40 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Last raise 2.9 yr ago; this sector typically re-raises about every 11 months.

Past due for a raise versus sector cadence — watch for distress or a bridge.

Comparablesmixed

Capital scale ranks ahead of 16% of Mining & Resources peers (701 compared).

Modeled value ranks above 31% of those peers.

Closest niche peers: 360 Mining, Inc., Arizona Sonoran Copper Co Inc., Reunion Gold Corp, American Strategic Metals Corp., MERIT Mining Ohio, LLC.

Peoplefiled

10 named people on file across officers, directors and signatories.

Risks & flagsmixed

Overdue for a raise versus sector norm — distress or bridge risk.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.