New Found Gold (NFGC)
:NFGC
NFGC Stock Chart & Stats
$2.09
>-$0.01(>-0.01%)
At close: 4:00 PM EST
$2.09
>-$0.01(>-0.01%)
Day’s Range― - ―
52-Week Range$1.07 - $3.59
Previous CloseN/A
Volume110.44K
Average Volume (3M)2.13M
Market Cap
$719.37M
Enterprise Value$611.27M
Total Cash (Recent Filing)$67.73M
Total Debt (Recent Filing)$1.14M
Price to Earnings (P/E)―
Beta1.37
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. Volume1,668,309
30 Day Avg. Volume2,131,735
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 Cap0.85
Enterprise Value/Revenue105.26
Enterprise Value/Gross Profit-42.80
Enterprise Value/Ebitda-11.69
Forecast
1Y Price Target
$5.00Price Target Upside139.23% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.1
Revenue Forecast (FY)$108.27M
Bulls Say, Bears Say
Bulls Say
Conservative Balance SheetVery low leverage and an expanding capital base in 2025 provide durable financial flexibility for an exploration company. This reduces bankruptcy risk, supports continued funding of drilling programs, and improves bargaining power when arranging joint ventures or asset sales over the medium term.
Clear Funding And Monetization PathwaysReliance on capital markets is structural for explorers, but having explicit monetization routes (JV, sale, royalties, development) preserves strategic optionality. This allows management to pursue discovery or partner deals that unlock value without immediate mine construction.
Focused Exploration Asset StrategyA concentrated technical focus on the Queensway Project and ongoing drilling/geophysical programs builds geological knowledge and resource optionality. Concentrated assets can attract acquirers or farm-in partners, making discovery results more likely to convert into strategic transactions.
Bears Say
Persistent Cash BurnSustained negative operating and free cash flow forces continuous external funding, increasing dilution risk and constraining long-term project advancement. Persistent burn limits the firm's ability to self-fund feasibility or development studies and raises execution risk if markets tighten.
Ongoing Heavy LossesLarge operating losses and minimal, inconsistent revenue mean returns on equity remain negative. Over the medium term this depresses reinvestment capacity, makes profitable operations distant absent a major discovery, and heightens reliance on external funding and dilutive financings.
Dependence On Equity MarketsStructural dependence on equity issuance ties the company's project timelines to capital market access and investor sentiment. In market downturns or periods of poor sector sentiment, fundraising becomes harder and costlier, risking delayed programs, watered-down partner terms, or forced asset sales.
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 $719.37M.
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 38 days.
How were New Found Gold’s earnings last quarter?
New Found Gold released its earnings results on Nov 10, 2025. The company reported -$0.043 earnings per share for the quarter, missing the consensus estimate of -$0.029 by -$0.014.
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 -$0.043 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 (139.23% Upside)
$5.00 (139.23% Upside)
Blogger Sentiment
Bullish
NFGC Sentiment 100%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth $118.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 7.1%
Last 30 Days ▼ 7.1%
Technicals
SMA
Negative
20 days / 200 days
Momentum
105.97%
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
▲(139.23% Upside)
Technical Analysis
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Ownership Overview
36.35% Insiders
1.60% Mutual Funds
5.09% Other Institutional Investors
55.36% Public Companies and
Individual Investors