1. Limited geographical diversification - Nord Gold operates primarily in Russia, Kazakhstan, Burkina Faso, and Guinea, which limits its exposure to other potentially lucrative mining markets.
2. Smaller scale operations - Compared to some of its peers, Nord Gold's operations are relatively small in scale, which may limit its ability to achieve economies of scale and compete on cost.
3. Limited production growth - Nord Gold's production growth has been relatively slow compared to some of its peers, which may limit its ability to increase revenue and profitability.
4. Higher production costs - Nord Gold's production costs are relatively high compared to some of its peers, which may limit its ability to compete on price and profitability.
5. Limited exploration and development - Nord Gold has a relatively limited exploration and development pipeline compared to some of its peers, which may limit its ability to expand its operations and increase production in the future.
6. Higher debt levels - Nord Gold has higher debt levels compared to some of its peers, which may limit its ability to invest in growth opportunities and increase shareholder returns.
7. Limited dividend payments - Nord Gold has historically paid lower dividends compared to some of its peers, which may limit its appeal to income-oriented investors.
