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New Found Gold Corp. (TSE:NFG)
XASE:NFG
NFG Stock Chart & Stats
C$3.68
C$0.07(2.72%)
At close: 4:00 PM EST
C$3.68
C$0.07(2.72%)
Day’s Range― - ―
52-Week RangeC$1.34 - C$4.89
Previous CloseN/A
Volume119.84K
Average Volume (3M)934.47K
Market Cap
C$1.21B
Enterprise ValueC$810.16M
Total Cash (Recent Filing)C$71.68M
Total Debt (Recent Filing)C$69.19K
Price to Earnings (P/E)―
Beta2.10
Next Earnings
May 18, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.06
Shares Outstanding337,380,920
10 Day Avg. Volume861,056
30 Day Avg. Volume934,468
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 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)0.49
Revenue Forecast (FY)C$299.27M
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
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$1.21B.
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 87 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 Overvalued.
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 for its next earnings report is not yet available.
How many shares outstanding does New Found Gold Corp. have?
New Found Gold Corp. has 337,380,920 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
1
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5
6
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8
9
10
Blogger Sentiment
Bullish
TSE:NFG Sentiment 70%
Sector Average ―
Sector Average ―
Insider Transactions
Sold Shares
Worth $67.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.1%
Last 30 Days ▲ 15.4%
Last 30 Days ▲ 15.4%
Technicals
SMA
Positive
20 days / 200 days
Momentum
45.35%
12-Months-Change
Fundamentals
Return on Equity
-50.06%
Trailing 12-Months
Asset Growth
29.87%
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.
Technical Analysis
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Options Prices
Currently, No data available
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