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New Found Gold (NFGC)
:NFGC
NFGC Stock Chart & Stats
$2.70
>-$0.01(>-0.01%)
At close: 4:00 PM EST
$2.70
>-$0.01(>-0.01%)
Day’s Range― - ―
52-Week Range$0.93 - $3.59
Previous CloseN/A
Volume110.44K
Average Volume (3M)2.21M
Market Cap
$911.94M
Enterprise Value$832.25M
Total Cash (Recent Filing)$71.68M
Total Debt (Recent Filing)$69.19K
Price to Earnings (P/E)―
Beta1.11
Next Earnings
May 18, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.04
Shares Outstanding337,380,920
10 Day Avg. Volume2,610,200
30 Day Avg. Volume2,210,622
Financial Highlights & Ratios
PEG Ratio0.24
Price to Book (P/B)7.55
Price to Sales (P/S)0.00
P/FCF Ratio-8.35
Enterprise Value/Market Cap0.91
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-1.07K
Enterprise Value/Ebitda-18.47
Forecast
1Y Price Target
$3.67Price Target Upside35.93% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low Leverage / Strong Balance SheetExtremely low debt and sizable equity give the company durable financial flexibility uncommon in explorers. Low leverage reduces insolvency risk and supports staged funding, joint ventures, or asset sales to advance projects without immediate pressure to monetize discoveries.
Strategic Project ProgressAcquisition activity, repeated positive drill results, and hiring a finance advisor signal movement from early exploration toward project advancement. These structural developments strengthen the asset base, improve funding pathways, and raise odds of progressing to resource definition and permitting.
Improving Loss TrajectoryNarrowing net losses and improved cash flow versus the prior year suggest operational discipline and cost control. Over multiple quarters this trend can extend runway, reduce near-term financing needs, and increase the probability of advancing economic studies or attracting partners.
Bears Say
Pre-revenue Business ModelBeing pre-revenue with ongoing losses means the company depends on external capital, not operating cash, to fund activities. Over the medium term this creates execution and dilution risk: failure to convert exploration into economically mineable reserves jeopardizes project advancement and investor returns.
High Cash BurnLarge, sustained negative operating and free cash flows materially increase reliance on capital markets. This forces frequent financings, heightens dilution risk, and can interrupt continuous exploration or staged development if markets tighten, raising long-term project execution risk.
Negative Return On EquityA materially negative ROE indicates the company is destroying shareholder capital rather than creating it. Persistently negative ROE undermines investor confidence, complicates future equity raises, and signals management must materially improve project economics or capital efficiency to restore long-term value.
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 $0.93 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 $911.94M.
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 90 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 for its next earnings report is not yet available.
How many shares outstanding does New Found Gold have?
New Found Gold has 337,380,920 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:
$3.67 (35.93% Upside)
$3.67 (35.93% Upside)
Blogger Sentiment
Bullish
NFGC Sentiment 100%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth $67.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 9.4%
Last 30 Days ▲ 13.5%
Last 30 Days ▲ 13.5%
Technicals
SMA
Positive
20 days / 200 days
Momentum
45.94%
12-Months-Change
Fundamentals
Return on Equity
-50.06%
Trailing 12-Months
Asset Growth
29.87%
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
$3.67
▲(35.93% Upside)
Technical Analysis
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i-80 Gold Corp
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Collective Mining
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Ownership Overview
36.35% Insiders
0.42% Mutual Funds
3.50% Other Institutional Investors
58.08% Public Companies and
Individual Investors