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NovaRed MiningXCNQ:NRED +4.62%18 Median PS Value is C$0.00 as of Jul. 18, 2026. GuruFocus rates XCNQ:NRED with a GF Score™ of 18/100. The stock has 1 warning sign investors should review. Among 398 Metals & Mining companies, NovaRed Mining ranks worse than 251256.03% on this metric.
This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
As of today (2026-07-18), NovaRed Mining's share price is C$0.68. NovaRed Mining's Median PS Value is C$0.00. Therefore, NovaRed Mining's Price to Median PS Value for today is 0.00.
The historical rank and industry rank for NovaRed Mining's Median PS Value or its related term are showing as below:
XCNQ:NRED's Price-to-Median-PS-Value is not ranked *
in the Metals & Mining industry.
Industry Median: 1.2 * Ranked among companies with meaningful Price-to-Median-PS-Value only.
NovaRed Mining (XCNQ:NRED) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
NovaRed Mining's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
0.68
/
0.00
=
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NovaRed Mining Median PS Value Related Terms
NovaRed Mining Median PS Value Historical Data
* Premium members only.
The historical data trend for NovaRed Mining's Median PS Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NovaRed Mining Median PS Value Competitor Comparison
For the Other Industrial Metals & Mining subindustry, NovaRed Mining's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
NovaRed Mining Price-to-Median-PS-Value vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, NovaRed Mining's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where NovaRed Mining's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is .
NovaRed Mining's Revenue per Share for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NovaRed Mining (XCNQ:NRED) has a Median PS Value of C$0.00 as of Jul. 18, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on NovaRed Mining and its competitors. According to the industry distribution chart, NovaRed Mining ranks #999999 out of 398 companies in the Metals & Mining industry.
Is NovaRed Mining's Median PS Value too high?
NovaRed Mining's current Median PS Value is C$0.00. Based on the distribution chart, NovaRed Mining ranks #999999 out of 398 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, NovaRed Mining has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does NovaRed Mining's Median PS Value compare to competitors?
According to the Metals & Mining industry distribution chart, NovaRed Mining ranks #999999 out of 398 companies for Median PS Value. This places NovaRed Mining in the lower half of its industry. The industry median Median PS Value is 1.20. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for a Metals & Mining company?
The median Median PS Value among Metals & Mining companies is 1.20, based on 398 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on NovaRed Mining and its competitors. For the Metals & Mining industry, the median Median PS Value is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NovaRed Mining's current Median PS Value is C$0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NovaRed Mining stock overvalued right now?
NovaRed Mining (XCNQ:NRED) has a current Median PS Value of C$0.00. The current Median PS Value is C$0.00. NovaRed Mining's overall GF Score™ is 18/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For NovaRed Mining (XCNQ:NRED), the current Median PS Value is C$0.00 as of Jul. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
NovaRed Mining Inc is engaged in the identification, acquisition, exploration and development of mineral resource projects. The company holds interest in the Wilmac Copper-Gold Project located southwest of Princeton in the Similkameen Mining Division, British Columbia.
18GF Score
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