New Found Gold Corp. (TSE:NFG)
XASE: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$1.84 - C$4.89
Previous CloseN/A
Volume119.84K
Average Volume (3M)574.67K
Market Cap
C$711.14M
Enterprise ValueC$624.77M
Total Cash (Recent Filing)C$43.44M
Total Debt (Recent Filing)C$1.69M
Price to Earnings (P/E)―
Beta2.26
Next Earnings
Aug 17, 2026EPS Estimate
-0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.24
Shares Outstanding345,212,550
10 Day Avg. Volume621,257
30 Day Avg. Volume574,666
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$5.99Price Target Upside102.29% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-0.09
Revenue Forecast (FY)C$63.34M
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthExtremely low leverage and a sizable equity base give management durable financial flexibility to fund ongoing exploration and project definition without immediate debt pressure. This reduces default risk and supports options like joint ventures or staged development over the next 2-6 months.
Revenue ImprovementAn improving TTM revenue trend from a low base signals early monetization of exploration activities or asset transactions. Sustained revenue growth, even from small scale, strengthens the company's ability to validate discoveries and attract partners or buyers, improving strategic options over the medium term.
Established Funding PathwayAs an exploration-stage firm, management has a clear, repeatable mechanism to finance programs via equity and securities issuance. This established capital-raising model provides a predictable runway to continue drilling and technical work, enabling project advancement without immediate operating revenue.
Bears Say
Heavy Cash BurnLarge and growing negative operating and free cash flow indicates the company cannot self-fund exploration. Persistent cash burn increases dependence on external financing, raises dilution risk for shareholders, and can limit the pace of project advancement if markets tighten or issuance becomes more costly.
Deep UnprofitabilitySustained negative gross profit and large operating losses show the business remains in a non-earning investment phase. Without a clear path to operating profitability or near-term cash-generating assets, the company cannot rely on internal earnings to fund development, constraining long-term self-sufficiency.
Negative Returns On EquityA negative return on equity despite a substantial equity base means shareholder capital is not producing positive returns. Over time this can erode investor confidence, force repeated dilutive financings, or compel asset sales or partner concessions to restore capital efficiency and preserve project funding.
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$1.84 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$711.14M.
When is New Found Gold Corp.’s upcoming earnings report date?
New Found Gold Corp.’s upcoming earnings report date is Aug 17, 2026 which is in 67 days.
How were New Found Gold Corp.’s earnings last quarter?
New Found Gold Corp. released its earnings results on May 12, 2026. The company reported -C$0.08 earnings per share for the quarter, missing the consensus estimate of -C$0.045 by -C$0.035.
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 -0.04.
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$0.08 in its last earnings report, missing expectations of -C$0.045. Following the earnings report the stock price went up 1.672%.
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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Analyst Consensus
Moderate Buy
Average Price Target:
C$5.99 (102.29% Upside)
C$5.99 (102.29% Upside)
Blogger Sentiment
Bullish
TSE:NFG Sentiment 70%
Sector Average ―
Sector Average ―
Insider Transactions
Bought Shares
Worth C$20.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 1.0%
Last 30 Days ▲ 0.2%
Last 30 Days ▲ 0.2%
Technicals
SMA
Negative
20 days / 200 days
Momentum
1.97%
12-Months-Change
Fundamentals
Return on Equity
-22.69%
Trailing 12-Months
Asset Growth
770.92%
Trailing 12-Months
Company Description
New Found Gold Corp.
New Found Gold Corp. is an enterprise dedicated to identifying, acquiring, and exploring mineral properties within the Canadian provinces of Newfoundland and Labrador, and Ontario. Its primary focus lies in the discovery of gold deposits. The company holds a 100% ownership stake in the Queensway project, which comprises 86 mineral licenses and 6,041 claims, covering a total area of 151,030 hectares near Gander, Newfoundland. Furthermore, it manages the Lucky Strike project, an 11,684-hectare property situated in Kirkland Lake, Ontario. The organization was formerly known as Palisade Resources Corp., changing its name to New Found Gold Corp. in June 2017. Incorporated in 2016, New Found Gold Corp. has its headquarters located in Vancouver, Canada.
NFG Stock 12 Month Forecast
Average Price Target
C$5.99
▲(102.29% Upside)
Technical Analysis
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Options Prices
Currently, No data available
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