NuLegacy Gold (TSXV:NUG) Volatility: 47.54% (As of Jul. 04, 2026)


TSXV:NUG NuLegacy Gold Corp TSXV:NUG
28 GF Score
Price C$0.34
! 1 Warning Sign
View Full Analysis

What is NuLegacy Gold Volatility?

NuLegacy Gold TSXV:NUG 28 Volatility is 47.54% as of Jul. 04, 2026. GuruFocus rates TSXV:NUG with a GF Score™ of 28/100. The stock has 1 warning sign investors should review.

Volatility is a statistical measure of the dispersion of returns for a given security or market index, it shows how the price swings around its mean. The volatility here is measured as the annualized standard deviation between monthly returns from the security over the past year. In most cases, the higher the volatility, the riskier the security.

As of today (2026-07-04), NuLegacy Gold's Volatility is 47.54%.


NuLegacy Gold  (TSXV:NUG) Volatility Explanation

Volatility is a statistical measure of the dispersion of returns for a given security or market index. It’s often measured as standard deviation or variance of historical returns over a certain period. The volatility here is measured as the annualized standard deviation between monthly returns from the security over the past year.

Volatility reflects the uncertainty or risk of a security’s value. Generally speaking, a higher volatility suggests a higher risk, because it implies a wider fluctuation around average price. This means the price of the security can change dramatically in either direction within a short period. Conversely, a lower volatility means that the security's price is more steady, which suggests a lower risk.

Another measurement of relative volatility is Beta. Beta is a measure of systematic risk of a security or a portfolio in comparison to the market as a whole. Beta is usually compared to 1. A beta of greater than 1 indicates that the security's price will be more volatile than the market.


NuLegacy Gold Volatility Related Terms


TSXV:NUG vs NEM, AU: Volatility Comparison

For the Gold subindustry, NuLegacy Gold's Volatility, along with its competitors' market caps and Volatility 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.


NuLegacy Gold Volatility vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, NuLegacy Gold's Volatility distribution charts can be found below:

* The bar in red indicates where NuLegacy Gold's Volatility falls into.


TSXV:NUG
28GF Score
NuLegacy Gold Corp TSXV:NUG
Volatility is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NuLegacy Gold  (TSXV:NUG) Volatility Calculation

The annualized volatility is calculated as following:

σA=σM * 12
= 1/(n-1) ∑(Ri - R')^2 * 12

Where: σM is the monthly volatility, n is the number of months in the period, Ri is the security's historical monthly returns and R' is the arithmetic mean of monthly returns.

* 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.

Frequently Asked Questions Learn more about Volatility →
What does a Volatility of 47.54% mean?
NuLegacy Gold (TSXV:NUG) has a Volatility of 47.54% as of Jul. 04, 2026. Volatility is measured as the annualized standard deviation between monthly returns from the security over the past year. View historical data on NuLegacy Gold and its competitors.
Is NuLegacy Gold's Volatility too high?
NuLegacy Gold's current Volatility is 47.54%. Overall, NuLegacy Gold has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does NuLegacy Gold's Volatility compare to NEM and AU?
NuLegacy Gold's Volatility of 47.54% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Volatility for a Metals & Mining company?
A good Volatility depends on the Metals & Mining industry context. However, Volatility 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 Volatility mean?
A high Volatility can signal that a stock is expensive relative to its fundamentals. Volatility is measured as the annualized standard deviation between monthly returns from the security over the past year. View historical data on NuLegacy Gold and its competitors. NuLegacy Gold's current Volatility is 47.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NuLegacy Gold stock overvalued right now?
NuLegacy Gold (TSXV:NUG) has a current Volatility of 47.54%. The current Volatility is 47.54%. NuLegacy Gold's overall GF Score™ is 28/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Volatility calculated?
Volatility is calculated from a company's financial statements. For NuLegacy Gold (TSXV:NUG), the current Volatility is 47.54% as of Jul. 04, 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.

NuLegacy Gold Business Description

Other Exchanges NULGF:USA7NU1:Germany
Address 1055 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9
NuLegacy Gold Corp is an exploration company. It is engaged in the business of exploration, development, and extraction of gold and other precious metals. The company mainly operates its business activities from Nevada through its Red Hill property which is located on trend and adjacent to the three multi-million ounces Carlin-type gold deposits (the Pipeline, Cortez Hills, and Goldrush deposits) that are amongst Barrick Gold mines.
28GF Score

Get the complete analysis for TSXV:NUG

Volatility is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$0.34
Price