New Found Gold (TSE:NFG)
:NFG
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NFG Stock Chart & Stats
C$2.96
C$0.07(2.72%)
At close: 4:00 PM EST
C$2.96
C$0.07(2.72%)
Day’s Range― - ―
52-Week RangeC$1.47 - C$4.89
Previous CloseN/A
Volume119.84K
Average Volume (3M)629.04K
Market Cap
C$973.50M
Enterprise ValueC$590.36M
Total Cash (Recent Filing)C$67.73M
Total Debt (Recent Filing)C$1.14M
Price to Earnings (P/E)―
Beta2.25
Next Earnings
May 18, 2026EPS Estimate
-0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.06
Shares Outstanding345,212,550
10 Day Avg. Volume421,181
30 Day Avg. Volume629,042
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$6.82Price Target Upside130.34% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)0.14
Revenue Forecast (FY)C$149.98M
Bulls Say, Bears Say
Bulls Say
Low Leverage / Conservative Balance SheetVery low debt relative to equity reduces financial distress risk and gives management flexibility to finance exploration through equity or joint ventures. A conservative capital structure lengthens runway for multi‑year drilling programs and strategic negotiations with partners.
Expanded Capital Base In 2025A larger asset and equity base in 2025 strengthens the company’s funding capacity for high-cost activities like drilling, assaying and technical studies. This improves bargaining power for JV deals and reduces immediate liquidity pressure on project advancement.
Improving Free Cash Flow TrendAn improving free cash flow trajectory, while still negative, suggests operating and investment cash outflows are moderating. This trend signals management is tightening expenditure or improving efficiency, which supports longer-term funding sustainability for exploration.
Bears Say
Persistent Operating LossesSustained operating losses mean the business cannot self-fund exploration or corporate costs. Losses erode equity over time, force repeated financing, and constrain the ability to invest selectively in high‑value targets or scale up resource delineation without external capital.
Minimal And Inconsistent RevenueLack of a stable revenue stream makes the company’s economics dependent on speculative discovery outcomes or asset sales. This uncertainty impairs long-term planning, increases reliance on capital markets, and weakens negotiating leverage with potential partners or acquirers.
Negative Operating Cash Flow And Cash BurnConsistent negative operating cash flow requires ongoing financing to sustain exploration. Persistent cash burn raises dilution risk from equity raises, shortens the effective runway if markets tighten, and elevates execution risk for multi‑year resource delineation programs.
New Found Gold News
NFG FAQ
What was New Found Gold’s price range in the past 12 months?
New Found Gold lowest stock price was C$1.47 and its highest was C$4.89 in the past 12 months.
What is New Found Gold’s market cap?
New Found Gold’s market cap is C$973.50M.
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 20 days.
How were New Found Gold’s earnings last quarter?
New Found Gold released its earnings results on Nov 10, 2025. The company reported -C$0.06 earnings per share for the quarter, missing the consensus estimate of -C$0.04 by -C$0.02.
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 -0.02.
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 -C$0.06 in its last earnings report, missing expectations of -C$0.04. Following the earnings report the stock price went up 2.878%.
Which hedge fund is a major shareholder of New Found Gold?
Currently, no hedge funds are holding shares in TSE:NFG
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:
C$6.82 (130.34% Upside)
C$6.82 (130.34% Upside)
Blogger Sentiment
Bullish
TSE:NFG Sentiment 100%
Sector Average 75%
Sector Average 75%
Insider Transactions
Bought Shares
Worth C$214.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 3.0%
Last 30 Days ▼ 3.2%
Last 30 Days ▼ 3.2%
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.
NFG Stock 12 Month Forecast
Average Price Target
C$6.82
▲(130.34% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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