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Newfoundland Discovery Corp
(NEWD)
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Rating:40Underperform
Price Target:
C$0.17
▲(55.45% Upside)
Action:Downgraded
Date:04/23/26
The score is driven primarily by weak financial fundamentals (no revenue, accumulated losses, and negative equity despite recent improvement in losses/cash burn). Technicals further weigh on the score given the stock is below key moving averages with negative MACD and weak momentum. Valuation provides limited support because the company is unprofitable and no dividend yield is available.
Positive Factors
No debt
Having no reported debt materially lowers financial leverage risk for an early-stage explorer. This structural flexibility preserves optionality to pursue exploration or transactions without fixed interest obligations, improving resilience and financing choices over the next several months.
Negative Factors
Negative equity
Negative shareholders' equity signals accumulated losses eroding the capital base and weakens solvency cushions. Over months this limits access to non-dilutive funding, reduces creditor confidence, and increases the likelihood of equity financing or asset dispositions to restore balance-sheet health.
Read all positive and negative factors
Positive Factors
Negative Factors
No debt
Having no reported debt materially lowers financial leverage risk for an early-stage explorer. This structural flexibility preserves optionality to pursue exploration or transactions without fixed interest obligations, improving resilience and financing choices over the next several months.
Read all positive factors
Newfoundland Discovery Corp (NEWD) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$2.58M
Dividend YieldN/A
Average Volume (3M)8.82K
Price to Earnings (P/E)―
Beta (1Y)1.61
Revenue GrowthN/A
EPS Growth92.05%
CountryCA
Employees389
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.10
Shares Outstanding13,922,647
10 Day Avg. Volume3,575
30 Day Avg. Volume8,816
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)-1.18
Price to Sales (P/S)0.00
P/FCF Ratio-2.08K
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Newfoundland Discovery Corp Business Overview & Revenue Model
Company Description
Headquartered in Vancouver, Canada, Newfoundland Discovery Corp. operates as a junior enterprise dedicated to the evaluation, exploration, and advancement of mineral resources across Canada. The company, which adopted its current name in September...
How the Company Makes Money
null...
Newfoundland Discovery Corp Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
18
Very Negative
Cash Flow
22
Negative
| Breakdown | TTM | Jul 2025 | Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 0.00 | 0.00 | -23.48K | 0.00 |
| EBITDA | -362.91K | -398.08K | -570.00K | -1.18M | ― | -281.00K |
| Net Income | -924.71K | -977.86K | -12.98M | -1.09M | -2.11M | -405.00K |
Balance Sheet | ||||||
| Total Assets | 49.27K | 47.73K | 1.08M | 12.26M | 9.71M | 4.22M |
| Cash, Cash Equivalents and Short-Term Investments | 26.14K | 25.82K | 272.67K | 1.58M | 3.44M | 55.05K |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 708.63K | 482.71K | 540.92K | 483.99K | 895.66K | 483.70K |
| Stockholders Equity | -659.36K | -434.98K | 542.88K | 11.77M | 8.81M | 3.74M |
Cash Flow | ||||||
| Free Cash Flow | 301.00 | -246.00 | -744.05K | -2.64M | -3.33M | -422.56K |
| Operating Cash Flow | 310.00 | -213.00 | -727.00K | -903.91K | -2.15M | -329.32K |
| Investing Cash Flow | -2.75K | -34.00 | 193.81K | -1.73M | -1.03M | -93.25K |
| Financing Cash Flow | 0.00 | 0.00 | 0.00 | 780.12K | 5.01M | 1.96M |
Newfoundland Discovery Corp Technical Analysis
Positive
0.11
Price Trends
0.17
Positive
0.20
Negative
0.16
Positive
Market Momentum
<0.01
Negative
61.90
Neutral
90.48
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NEWD, the sentiment is Positive. The current price of 0.11 is below the 20-day moving average (MA) of 0.17, below the 50-day MA of 0.17, and below the 200-day MA of 0.16, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 61.90 is Neutral, neither overbought nor oversold. The STOCH value of 90.48 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:NEWD.
Newfoundland Discovery Corp Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
46 Neutral | C$6.10M | -4.46 | ― | ― | ― | -12.16% | |
43 Neutral | C$4.80M | -0.34 | ― | ― | ― | -847.64% | |
40 Underperform | C$2.58M | -1.87 | ― | ― | ― | 92.05% | |
40 Underperform | C$939.78K | -1.15 | -85.00% | ― | ― | -28.89% |
* Basic Materials Sector Average
TSE:NEWD
Newfoundland Discovery Corp
0.19
0.08
68.18%
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TSE:NXS
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TSE:METL
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TSE:GRAY
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TSE:FWM
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Newfoundland Discovery Corp Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Newfoundland Discovery Converts $414,000 Debt Into Equity Units
Positive
Mar 14, 2026
Newfoundland Discovery Corp. has completed a debt settlement transaction with certain creditors, extinguishing CAD$414,000 in liabilities through the issuance of equity units. Each unit, priced at $0.09, comprises one common share and a transferab...
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
Newfoundland Discovery Settles $414,000 Debt via Equity Units and Warrants
Positive
Mar 9, 2026
Newfoundland Discovery Corp. has entered into agreements with certain creditors to settle CAD$414,000 of debt through the issuance of units priced at $0.09 each, with each unit comprising one common share and one transferable warrant. The warrants...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.