New Found Gold (NFGC)
:NFGC
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NFGC Stock Chart & Stats
$2.16
>-$0.01(>-0.01%)
At close: 4:00 PM EST
$2.16
>-$0.01(>-0.01%)
Day’s Range― - ―
52-Week Range$1.07 - $3.59
Previous CloseN/A
Volume110.44K
Average Volume (3M)1.95M
Market Cap
$719.32M
Enterprise Value$629.85M
Total Cash (Recent Filing)$67.73M
Total Debt (Recent Filing)$1.14M
Price to Earnings (P/E)―
Beta1.40
Next Earnings
May 18, 2026EPS Estimate
0.03Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.04
Shares Outstanding345,212,550
10 Day Avg. Volume1,118,793
30 Day Avg. Volume1,954,566
Financial Highlights & Ratios
PEG Ratio0.87
Price to Book (P/B)2.27
Price to Sales (P/S)164.05
P/FCF Ratio-16.72
Enterprise Value/Market Cap0.88
Enterprise Value/Revenue108.46
Enterprise Value/Gross Profit-44.10
Enterprise Value/Ebitda-12.05
Forecast
1Y Price Target
$5.00Price Target Upside131.48% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.1
Revenue Forecast (FY)$108.90M
Bulls Say, Bears Say
Bulls Say
Low Leverage / Stronger Capital BaseA very low-debt balance sheet and an expanded capital base in 2025 materially reduce insolvency risk and give management optionality to fund multi-stage drilling and technical studies. This structural flexibility supports sustaining exploration programs and negotiating partnerships over months to years.
Improving Cash Flow TrendThe improvement in free cash flow across 2024–2025 signals better alignment of spending with operational output and a reduced near-term financing need. If the trend continues, it can lower dilution pressure and enable steadier funding of exploration work over the next several quarters.
Asset-Focused Exploration Business ModelA clear, asset-led model centered on the Queensway Project creates durable optionality: successful delineation can be monetized via JV, sale, or development. That structural upside attracts partners and acquirers and preserves long-term value creation pathways beyond short-term market swings.
Bears Say
Persistent Cash BurnSustained negative operating and free cash flow forces continuous external funding to run exploration and maintain claims. Over months this elevates dilution risk, constrains program scale, and makes project advancement highly dependent on successful, timely financing and market conditions.
Heavy Loss-Making PhaseOngoing large operating losses and minimal revenue mean the company is far from self-sustaining. Persistent negative profitability erodes returns on equity, limits access to non-dilutive capital, and weakens negotiating leverage with potential partners or acquirers over the next several quarters.
Reliance On Equity FinancingDependence on issuing equity as the main funding mechanism structurally exposes existing shareholders to dilution and ties project pacing to capital market appetite. This makes long-term continuity and scale-up of exploration programs sensitive to market cycles and investor sentiment.
New Found Gold News
NFGC FAQ
What was New Found Gold’s price range in the past 12 months?
New Found Gold lowest stock price was $1.07 and its highest was $3.59 in the past 12 months.
What is New Found Gold’s market cap?
New Found Gold’s market cap is $719.32M.
When is New Found Gold’s upcoming earnings report date?
New Found Gold’s upcoming earnings report date is May 18, 2026 which is in 29 days.
How were New Found Gold’s earnings last quarter?
New Found Gold released its earnings results on Nov 10, 2025. The company reported -$0.044 earnings per share for the quarter, missing the consensus estimate of -$0.029 by -$0.015.
Is New Found Gold overvalued?
According to Wall Street analysts New Found Gold’s price is currently Undervalued.
Does New Found Gold pay dividends?
New Found Gold does not currently pay dividends.
What is New Found Gold’s EPS estimate?
New Found Gold’s EPS estimate is 0.03.
How many shares outstanding does New Found Gold have?
New Found Gold has 345,212,550 shares outstanding.
What happened to New Found Gold’s price movement after its last earnings report?
New Found Gold reported an EPS of -$0.044 in its last earnings report, missing expectations of -$0.029. Following the earnings report the stock price went up 4.639%.
Which hedge fund is a major shareholder of New Found Gold?
Currently, no hedge funds are holding shares in NFGC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
New Found Gold Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$5.00 (131.48% Upside)
$5.00 (131.48% Upside)
Blogger Sentiment
Bullish
NFGC Sentiment 100%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth $119.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 1.2%
Last 30 Days ▲ 1.4%
Last 30 Days ▲ 1.4%
Technicals
SMA
Negative
20 days / 200 days
Momentum
64.56%
12-Months-Change
Fundamentals
Return on Equity
-28.39%
Trailing 12-Months
Asset Growth
659.95%
Trailing 12-Months
Company Description
New Found Gold
New Found Gold Corp., a mineral exploration company, engages in the identification, acquisition, and exploration of mineral properties in the Provinces of Newfoundland and Labrador, and Ontario. The company primarily explores for gold deposit. It holds 100% interests in the Queensway project that includes 86 mineral licenses and 6,041 claims covering an area of 151,030 hectares of land located near Gander, Newfoundland; and the Lucky Strike project comprising 11,684 hectares located in Kirkland Lake, Ontario. The company was formerly known as Palisade Resources Corp. and changed its name to New Found Gold Corp. in June 2017. New Found Gold Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada.
NFGC Stock 12 Month Forecast
Average Price Target
$5.00
▲(131.48% Upside)
Technical Analysis
Rupert Resources
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i-80 Gold Corp
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Collective Mining
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Ownership Overview
32.33% Insiders
1.57% Mutual Funds
<0.01% Other Institutional Investors
63.98% Public Companies and
Individual Investors