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$1.09 - $3.59
Previous CloseN/A
Volume110.44K
Average Volume (3M)1.95M
Market Cap
$723.56M
Enterprise Value$567.13M
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
-0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.04
Shares Outstanding345,212,550
10 Day Avg. Volume1,219,589
30 Day Avg. Volume1,945,411
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 Cap0.78
Enterprise Value/Revenue97.66
Enterprise Value/Gross Profit-39.71
Enterprise Value/Ebitda-10.85
Forecast
1Y Price Target
$4.34Price Target Upside100.86% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-0.02
Revenue Forecast (FY)$49.71M
Bulls Say, Bears Say
Bulls Say
Conservative Balance Sheet / Low LeverageLow debt and a strengthened equity base reduce refinancing and bankruptcy risk for an exploration company. A conservatively levered balance sheet gives management durable optionality to fund drilling, JV talks, or staged development without immediate distress, supporting multi-month programs.
Improving Free Cash Flow TrajectoryAn improving free cash flow trend, even from negative levels, signals that cash burn is moderating versus prior years. For an exploration firm this durable trend indicates more efficient program spend and better cash management, extending runway and reducing near-term financing frequency risk.
Narrowing Net Losses And Modest Revenue PickupThe narrowing of net losses and a small revenue rebound suggest management is beginning to slow loss escalation and extract limited economic value from activities. If sustained, this structural shift can lengthen operational runway and improve the case for partnerships or asset monetization.
Bears Say
Persistent Negative Operating Cash FlowContinual negative operating cash flow is a durable structural weakness: the business cannot self-fund exploration or development. This forces ongoing reliance on external capital, limits strategic flexibility, and raises the probability of dilutive financings or shelved programs if markets tighten.
Minimal And Inconsistent Revenue GenerationA lack of steady operating revenue means the company’s value and survival hinge on successful exploration outcomes or asset sales. This structural revenue shortfall makes long-term planning and sustained investment returns uncertain and increases dependence on successful discovery or third‑party deals.
Dependence On Equity Financings For CashA business model that routinely issues equity to fund operations creates recurring dilution risk and ties execution to capital-market access. Over months this constrains long-term shareholder returns and can impede large multi-year programs if market conditions or investor appetite weakens.
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 $1.09 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 $723.56M.
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 14 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 -0.01.
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$4.34 (100.86% Upside)
$4.34 (100.86% Upside)
Blogger Sentiment
Bullish
NFGC Sentiment 100%
Sector Average 75%
Sector Average 75%
Insider Transactions
Bought Shares
Worth $15.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 5.6%
Last 30 Days ▲ 3.6%
Last 30 Days ▲ 3.6%
Technicals
SMA
Negative
20 days / 200 days
Momentum
83.05%
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
$4.34
▲(100.86% Upside)
Technical Analysis
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i-80 Gold Corp
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Collective Mining
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Ownership Overview
47.08% Insiders
1.16% Mutual Funds
0.05% Other Institutional Investors
49.48% Public Companies and
Individual Investors