New Found Gold Announces Participation in Key Mining Conferences and Grants Stock Options

An announcement from New Found Gold ( (TSE:NFG) ) is now available.

On May 13, 2025, New Found Gold Corp. announced its participation in several upcoming North American mining conferences, including the Canaccord Genuity Global Metals and Mining Conference and THE Mining Investment Event. The company aims to engage with existing shareholders and potential investors through presentations and panel discussions. Additionally, New Found Gold granted stock options to its directors and officers, aligning with its growth and value creation strategy at the Queensway Gold Project.

The most recent analyst rating on (TSE:NFG) stock is a Buy with a C$3.00 price target. To see the full list of analyst forecasts on New Found Gold stock, see the TSE:NFG Stock Forecast page.

Spark’s Take on TSE:NFG Stock

According to Spark, TipRanks’ AI Analyst, TSE:NFG is a Neutral.

New Found Gold’s overall score reflects significant challenges typical for exploration companies, including lack of revenue and negative technical momentum. However, a strong equity position and promising corporate developments provide potential upside, making it a speculative investment with high risk and potential long-term reward.

To see Spark’s full report on TSE:NFG stock, click here.

More about New Found Gold

New Found Gold Corp. is a mining company that holds a 100% interest in the Queensway Gold Project located in Newfoundland and Labrador, Canada. The company focuses on gold exploration and development, with recent drilling indicating significant potential in the region. New Found Gold is supported by a strong shareholder base, including a notable 19% stake held by Eric Sprott.

Average Trading Volume: 671,169

Technical Sentiment Signal: Sell

Current Market Cap: C$335M

For detailed information about NFG stock, go to TipRanks’ Stock Analysis page.