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NFGC Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
2.089
Open
1.990
VWAP
2.05
Vol
1.29M
Mkt Cap
798.89M
Low
1.990
Amount
2.65M
EV/EBITDA(TTM)
--
Total Shares
384.08M
EV
1.01B
EV/OCF(TTM)
--
P/S(TTM)
--
New Found Gold Corp. is a Canadian gold producer with assets in Newfoundland and Labrador, Canada. The Company holds a 100% interest in Queensway Gold Project, as well as the Hammerdown Operation, Pine Cove Operation and Nugget Pond Hydrometallurgical Gold Plant. Its Maritime Division controls over 43,900 hectares of exploration land, including the Green Bay, Whisker Valley, Gull Ridge and Point Rousse projects. The Queensway Gold Project encompasses approximately 230,225 hectares, which is located on the Trans-Canada Highway, 15 km west of Gander and the Project is divided by Gander Lake into Queensway North and Queensway South. The Hammerdown gold deposit is located approximately five km southwest of the Town of King’s Point and 15 km northwest of the Town of Springdale in Newfoundland & Labrador. The Pine Cove Operation includes the Point Rousse Project, located within the Baie Verte Mining District, in the northern portion of the Baie Verte Peninsula.
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Events Timeline

(ET)
2026-01-26
08:50:00
Latest Data Shows Increase in Borrow Rates for Liquid Options
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2025-12-08 (ET)
2025-12-08
08:30:00
New Found Gold Trading Halted, News Pending
select
2025-09-15 (ET)
2025-09-15
07:04:15
New Found Gold Appoints Hashim Ahmed as CFO and Robert Assabgui as COO
select
2025-09-08 (ET)
2025-09-08
07:09:18
New Found Gold Signs Property Acquisition Deal with Exploits Discovery
select
2025-09-05 (ET)
2025-09-05
07:03:34
New Found Gold and Maritime Resources Agree to Merge
select
2025-04-04 (ET)
2025-04-04
07:32:48
Labrador Gold narrows search to secure significant gold project
select

News

seekingalpha
9.5
05-13seekingalpha
New Found Gold Corp Reports Q1 Earnings
  • Earnings Overview: New Found Gold Corp reported a Q1 GAAP EPS of -C$0.08, indicating challenges in profitability, despite generating revenue of C$9.89 million, which raises market concerns about its future earnings potential.
  • Revenue Analysis: The reported revenue of C$9.89 million in Q1, while notable, fell short of market expectations, potentially impacting investor confidence in the company's growth prospects, especially amid fluctuating gold prices.
  • Market Positioning: As a gold developer with a market capitalization of $1 billion, New Found Gold is viewed as a higher-reward investment option in the industry; however, the associated risks cannot be overlooked, particularly in the current economic climate.
  • Historical Data Reference: The disclosure of historical financial data provides investors with a more comprehensive perspective, aiding in the assessment of New Found Gold's long-term investment value and its competitive position in the gold market.
Yahoo Finance
8.5
04-22Yahoo Finance
New Found Gold Expands Dropkick Gold Zone with High-Grade Drilling Results
  • Significant Drilling Results: New Found Gold's final drilling phase in 2025 at the Dropkick Zone revealed high-grade mineralization of 24.8 g/t Au over 14 meters, confirming continuity in the area and positively impacting future mineral resource estimates.
  • Expanded Mineralization Range: The 2025 drilling program extended the Dropkick mineralization to a strike length of 1.4 kilometers and a vertical depth of 300 meters, showcasing the area's substantial potential to support the company's future production plans.
  • Ongoing Drilling Plans: The company plans to resume drilling at Dropkick in Q2 2026, focusing on expansion at the southern extent, which is expected to further confirm the presence of high-grade mineralization and enhance investor confidence.
  • Resource Estimate Update: Results from the 2025 and 2026 drilling will be included in a mineral resource update planned for H2 2026, indicating the company's ongoing commitment to resource development and value creation.
Newsfilter
8.5
03-25Newsfilter
Gold Mining Investment Shifts to High-Quality Assets
  • Gold Production Challenges: Global gold mine production is hitting a wall as high-grade discoveries become increasingly scarce, prompting capital to rotate towards scalable assets; in January 2026 alone, mining transactions exceeded $11 billion, with over 77% focused on gold and silver, indicating strong market demand for quality assets.
  • Gold Resource Development: Golden Goose Resources has launched the first phase of fieldwork at its Gran Esperanza project in Argentina, with geological teams conducting systematic mapping and sampling aimed at building a case for diamond drilling; historical samples have shown gold grades as high as 24.4 g/t, suggesting significant potential value for the project.
  • Market Dynamics Shift: Institutional investors are increasingly prioritizing high-margin Tier 1 assets due to rising geopolitical risks and stretched equity valuations, with central bank reserve data further supporting this structural market shift, indicating that physical scarcity is being priced in across the capital stack.
  • Acquisition Consolidation Trend: Coeur Mining has completed its acquisition of New Gold, projecting an 80% increase in gold production for 2026, alongside a $750 million share repurchase program, reflecting the company's proactive positioning in industry consolidation and robust cash flow profile.
Globenewswire
8.5
03-12Globenewswire
Rising Gold Prices Propel Mining Sector Growth
  • Surge in Gold Demand: The World Gold Council's 2025 demand report indicates global gold demand has surpassed 5,000 tonnes for the first time, driven by record ETF inflows and the strongest bar and coin purchases in 12 years, suggesting a robust market interest that is likely to enhance mining companies' profitability.
  • New Advisor Appointment: GoldHaven Resources has appointed Raymond Wladichuk as Technical Advisor, focusing on advancing the Magno Project; with over 15 years of experience in mineral exploration and engineering, his expertise is expected to accelerate drill permitting and strategic planning for the 2026 work program.
  • Financing to Support Development: GoldHaven secured $2 million in critical mineral flow-through financing aimed at 3D geological modeling and drill planning, which is anticipated to propel the progress of the Magno polymetallic project, further solidifying its market position in British Columbia.
  • High-Grade Mineralization Confirmed: At the Copeçal West target in Brazil, GoldHaven confirmed gold mineralization with the first drilling returning 39 meters at 0.11 g/t gold, indicating potential for a substantial gold-copper system, thereby enhancing the company's development prospects in the gold and copper mining sectors.
moomoo
4.5
02-05moomoo
Spot Silver Continues Decline, Currently Down 6% at $67 per Ounce
  • Market Performance: Silver prices have experienced a decline, dropping 6% to $67 per ounce.
  • Trend Analysis: The recent downturn in silver prices indicates a potential shift in market dynamics.
Benzinga
9.5
01-30Benzinga
PennyMac Financial Shares Plunge After Earnings Miss
  • Earnings Disappointment: PennyMac Financial Services reported quarterly earnings of $1.96 per share, significantly missing the analyst consensus estimate of $3.24, indicating a notable decline in profitability that could undermine investor confidence.
  • Sales Miss: The company's quarterly sales totaled $538.005 million, falling short of the analyst consensus estimate of $642.528 million, reflecting weak market demand that may pressure future performance.
  • Stock Price Volatility: Following the earnings report, PennyMac's shares plummeted 21.8% to $117.00 in pre-market trading, highlighting investor concerns over financial health that could trigger broader market reactions.
  • Market Sentiment Impact: Despite a 0.1% gain in Dow futures, PennyMac's negative earnings report may influence other financial stocks, affecting investor risk appetite amid overall market instability.
Wall Street analysts forecast NFGC stock price to rise
2 Analyst Rating
Wall Street analysts forecast NFGC stock price to rise
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
3.59
Averages
4.30
High
5.00
Current: 0.000
sliders
Low
3.59
Averages
4.30
High
5.00
BMO Capital
Outperform
maintain
$4 -> $5
AI Analysis
2025-11-17
Reason
BMO Capital
Price Target
$4 -> $5
AI Analysis
2025-11-17
maintain
Outperform
Reason
BMO Capital raised the firm's price target on New Found Gold to $5 from $4 and keeps an Outperform rating on the shares. The price target increase reflects creating near-term cash flows from two assets, building scale, and reducing risks, the analyst tells investors in a research note.

Valuation Metrics

The current forward P/E ratio for New Found Gold Corp (NFGC.A) is 11.75, compared to its 5-year average forward P/E of -63.92. For a more detailed relative valuation and DCF analysis to assess New Found Gold Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-63.92
Current PE
11.75
Overvalued PE
59.82
Undervalued PE
-187.67

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
-175.34
Current EV/EBITDA
-1.33
Overvalued EV/EBITDA
1164.89
Undervalued EV/EBITDA
-1515.58

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
14.59
Current PS
2.53
Overvalued PS
76.26
Undervalued PS
-47.08

Financials

AI Analysis
Annual
Quarterly

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Frequently Asked Questions

What is New Found Gold Corp (NFGC) stock price today?

The current price of NFGC is 2.08 USD — it has increased 4

What is New Found Gold Corp (NFGC)'s business?

New Found Gold Corp. is a Canadian gold producer with assets in Newfoundland and Labrador, Canada. The Company holds a 100% interest in Queensway Gold Project, as well as the Hammerdown Operation, Pine Cove Operation and Nugget Pond Hydrometallurgical Gold Plant. Its Maritime Division controls over 43,900 hectares of exploration land, including the Green Bay, Whisker Valley, Gull Ridge and Point Rousse projects. The Queensway Gold Project encompasses approximately 230,225 hectares, which is located on the Trans-Canada Highway, 15 km west of Gander and the Project is divided by Gander Lake into Queensway North and Queensway South. The Hammerdown gold deposit is located approximately five km southwest of the Town of King’s Point and 15 km northwest of the Town of Springdale in Newfoundland & Labrador. The Pine Cove Operation includes the Point Rousse Project, located within the Baie Verte Mining District, in the northern portion of the Baie Verte Peninsula.

What is the price predicton of NFGC Stock?

Wall Street analysts forecast NFGC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NFGC is4.30 USD with a low forecast of 3.59 USD and a high forecast of 5.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is New Found Gold Corp (NFGC)'s revenue for the last quarter?

New Found Gold Corp revenue for the last quarter amounts to 9.89M USD, decreased

What is New Found Gold Corp (NFGC)'s earnings per share (EPS) for the last quarter?

New Found Gold Corp. EPS for the last quarter amounts to -0.08 USD, increased 100.00

How many employees does New Found Gold Corp (NFGC). have?

New Found Gold Corp (NFGC) has 131 emplpoyees as of May 30 2026.

What is New Found Gold Corp (NFGC) market cap?

Today NFGC has the market capitalization of 798.89M USD.