New Found Gold Corp. Reports Q3 2025 Financial Results

New Found Gold ( (TSE:NFG) ) just unveiled an announcement.

On November 6, 2025, New Found Gold Corp. released its unaudited condensed interim financial statements for the three and nine months ended September 30, 2025, and 2024. The financial results indicate a significant increase in cash and cash equivalents from $22.3 million at the end of 2024 to $71.1 million by September 2025, reflecting improved liquidity. However, the company reported a comprehensive loss, with exploration and evaluation expenditures being a major component of its expenses. This financial performance highlights the company’s ongoing investment in exploration activities, which could impact its future profitability and stakeholder interests.

The most recent analyst rating on (TSE:NFG) stock is a Buy with a C$5.00 price target. To see the full list of analyst forecasts on New Found Gold stock, see the TSE:NFG Stock Forecast page.

Spark’s Take on TSE:NFG Stock

According to Spark, TipRanks’ AI Analyst, TSE:NFG is a Neutral.

New Found Gold’s overall score reflects significant challenges typical for exploration companies, including lack of revenue and negative technical momentum. However, a strong equity position and promising corporate developments provide potential upside, making it a speculative investment with high risk and potential long-term reward.

To see Spark’s full report on TSE:NFG stock, click here.

More about New Found Gold

New Found Gold Corp. is a company operating in the mining industry, primarily focused on the exploration and evaluation of gold properties. The company is based in Vancouver, British Columbia, and is engaged in identifying and developing gold mining opportunities.

Average Trading Volume: 749,952

Technical Sentiment Signal: Hold

Current Market Cap: C$665.9M

For an in-depth examination of NFG stock, go to TipRanks’ Overview page.