NFGC

New Found Gold Corp

Add to Watchlist

Advanced Chart

2.070

-0.01(-0.481%)1D

Line

Candle

YTD

High

2.130

Open

2.120

VWAP

2.06

Vol

836.97K

Mkt Cap

547.47M

Low

2.0018

Amount

1.72M

EV/EBITDA(TTM)

Total Shares

189.43M

642.29M

EV/OCF(TTM)

P/S(TTM)

New Found Gold Corp. is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration, and evaluation of resource properties with a focus on gold properties located in Newfoundland and Labrador, Canada. The Company holds a 100% interest in Queensway, located in Newfoundland and Labrador. The Queensway Project is located on the Trans-Canada Highway, approximately 15 kilometer west of Gander, Newfoundland and Labrador, which comprises of 1,756 square kilometers. The Queensway Project is divided by Gander Lake into Queensway North and Queensway South. The Company owns a 100% interest in the Kingsway project.

1 Analyst Rating

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 is 5.00 USD with a low forecast of 5.00 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.

1 Buy

0 Hold

0 Sell

Moderate Buy

Current: 2.070

Low

5.00

Averages

5.00

High

5.00

Current: 2.070

Low

5.00

Averages

5.00

High

5.00

Roth MKM

Mike Niehuser

Strong Buy

Maintains

$9 → $5

2025-03-10

Reason

Roth MKM

Mike Niehuser

Price Target

$9 → $5

2025-03-10

Maintains

Strong Buy

Reason

Roth MKM lowered the firm's price target on New Found Gold to $5 from $9 and keeps a Buy rating on the shares. The company has exceeded expectations for demonstrating the gold potential at its Queensway North area, to the north, south, and west of the AFZ, to depths of over one kilometer, the analyst tells investors in a research note. The firm adds however that its reduced price target is in anticipation of a modest MRE - maiden resource estimate - and PEA - preliminary economic assessment - profiling a bankable project closer to production.

See All Ratings

Valuation Metrics

The current forward P/E ratio for New Found Gold Corp (NFGC.A) is 0.00, compared to its 5-year average forward P/E of -66.75. For a more detailed relative valuation and DCF analysis to assess New Found Gold Corp 's fair value, click here.

Forward PE
Forward EV/EBITDA
Forward PS

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.

N/A

5Y Average PE

-66.75

Current PE

0.00

Overvalued PE

55.59

Undervalued PE

-189.09

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.

N/A

5Y Average EV/EBITDA

-22.04

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

-3.95

Undervalued EV/EBITDA

-40.13

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.

N/A

5Y Average PS

14.02

Current PS

2.90

Overvalued PS

75.29

Undervalued PS

-47.25