New Found Gold Corp. (TSE:NFG)
XASE:NFG
NFG Stock Chart & Stats
C$2.68
C$0.07(2.72%)
At close: 4:00 PM EST
C$2.68
C$0.07(2.72%)
Day’s Range― - ―
52-Week RangeC$1.34 - C$4.89
Previous CloseN/A
Volume119.84K
Average Volume (3M)872.19K
Market Cap
C$925.17M
Enterprise ValueC$564.81M
Total Cash (Recent Filing)C$67.73M
Total Debt (Recent Filing)C$1.14M
Price to Earnings (P/E)―
Beta2.20
Next Earnings
May 18, 2026EPS Estimate
0.05Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.06
Shares Outstanding345,212,550
10 Day Avg. Volume754,393
30 Day Avg. Volume872,193
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$6.97Price Target Upside160.21% 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
Conservative Balance SheetA very low-debt capital structure and a materially larger asset/equity base in 2025 reduce solvency risk and give management flexibility to fund exploration or negotiate JV/option deals. This strengthens the company's ability to pursue multi-stage exploration without immediate distress.
Improving Free Cash Flow TrendAn improving free cash flow trajectory signals progress toward better cash efficiency and cost control, which can lengthen runway and reduce future financing frequency. While still negative, a durable improvement over 2–3 years supports sustainability of exploration programs if trend continues.
Flagship Queensway AssetOwnership of a clearly defined flagship exploration asset gives a straightforward value-creation pathway: resource definition, economic studies, and potential JV, royalty or sale transactions. In the gold sector, a large, well-located prospect can underpin long-term upside if exploration success continues.
Bears Say
Persistent Negative Cash FlowOngoing negative operating and free cash flow indicate structural cash burn from exploration and operations. This erodes liquidity over time, increases reliance on external capital, and raises execution risk for multi-year programs if improvements stall or market access tightens.
Minimal And Inconsistent RevenueA lack of recurring revenue means company value is wholly contingent on successful resource discovery and monetization events. This extends development timelines and amplifies binary exploration risk, making long-term planning and margin improvement contingent on uncertain project milestones.
Reliance On Financing ActivitiesDependence on equity and external financing to fund operations creates persistent dilution risk and vulnerability to capital market cycles. If market conditions sour, the company may face higher costs of capital or constrained growth, limiting its ability to advance the Queensway project uninterrupted.
New Found Gold News
NFG FAQ
What was New Found Gold Corp.’s price range in the past 12 months?
New Found Gold Corp. lowest stock price was C$1.34 and its highest was C$4.89 in the past 12 months.
What is New Found Gold Corp.’s market cap?
New Found Gold Corp.’s market cap is C$925.17M.
When is New Found Gold Corp.’s upcoming earnings report date?
New Found Gold Corp.’s upcoming earnings report date is May 18, 2026 which is in 43 days.
How were New Found Gold Corp.’s earnings last quarter?
New Found Gold Corp. 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 Corp. overvalued?
According to Wall Street analysts New Found Gold Corp.’s price is currently Undervalued.
Does New Found Gold Corp. pay dividends?
New Found Gold Corp. does not currently pay dividends.
What is New Found Gold Corp.’s EPS estimate?
New Found Gold Corp.’s EPS estimate is 0.05.
How many shares outstanding does New Found Gold Corp. have?
New Found Gold Corp. has 345,212,550 shares outstanding.
What happened to New Found Gold Corp.’s price movement after its last earnings report?
New Found Gold Corp. 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 Corp.?
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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10
Analyst Consensus
Moderate Buy
Average Price Target:
C$6.97 (160.21% Upside)
C$6.97 (160.21% Upside)
Blogger Sentiment
Bullish
TSE:NFG Sentiment 70%
Sector Average 68%
Sector Average 68%
Insider Transactions
Bought Shares
Worth $105.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▼ 6.8%
Last 30 Days ▼ 6.8%
Technicals
SMA
Negative
20 days / 200 days
Momentum
84.61%
12-Months-Change
Fundamentals
Return on Equity
-28.39%
Trailing 12-Months
Asset Growth
659.95%
Trailing 12-Months
Company Description
New Found Gold Corp.
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$6.97
▲(160.21% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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