1. Limited geographical diversification - Neworigin Gold Corp operates primarily in Canada, which limits its exposure to other potentially lucrative mining regions around the world.
2. Smaller market capitalization - Compared to its peers, Neworigin Gold Corp has a smaller market capitalization, which may limit its ability to attract investors and raise capital.
3. Limited production capacity - The company's current production capacity is relatively small compared to its peers, which may limit its ability to compete in the market.
4. Higher production costs - Neworigin Gold Corp's production costs are higher than some of its peers, which may impact its profitability and ability to generate returns for investors.
5. Limited track record - The company is relatively new and has a limited track record compared to some of its more established peers, which may make it less attractive to investors.
6. Higher risk profile - As a smaller and less established company, Neworigin Gold Corp may be considered higher risk compared to its more established peers, which may impact its ability to attract investors and secure financing.