NFGC Stock Chart & Stats
$1.90
-$0.05(-3.47%)
At close: 4:00 PM EDT
$1.90
-$0.05(-3.47%)
Day’s Range― - ―
52-Week Range$1.34 - $3.59
Previous CloseN/A
Volume1.84M
Average Volume (3M)1.05M
Market Cap
$615.67M
Enterprise Value$567.74M
Total Cash (Recent Filing)$203.16M
Total Debt (Recent Filing)$67.94M
Price to Earnings (P/E)―
Beta1.40
Next Earnings
Nov 16, 2026EPS Estimate
-0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.23
Shares Outstanding385,194,600
10 Day Avg. Volume740,033
30 Day Avg. Volume1,046,653
Financial Highlights & Ratios
PEG Ratio0.88
Price to Book (P/B)2.27
Price to Sales (P/S)164.05
P/FCF Ratio-16.72
Enterprise Value/Market Cap0.92
Enterprise Value/Revenue18.07
Enterprise Value/Gross Profit-14.80
Enterprise Value/Ebitda-8.31
Forecast
1Y Price Target
$5.00Price Target Upside163.16% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.09
Revenue Forecast (FY)$45.34M
Bulls Say, Bears Say
Bulls Say
Reported Activity GrowthTTM revenue rose about 100%, showing materially higher reported activity than the prior period. If this increase persists, it could broaden the company’s resource-development platform and improve its ability to attract capital, although it has not yet translated into profits.
Modest LeverageLow debt relative to equity provides financial flexibility while the company advances exploration and technical work. Modest leverage limits interest and refinancing pressure, leaving more capacity to respond to exploration opportunities than a heavily indebted balance sheet would allow.
Capital-Markets MilestonesRetention-oriented equity awards may support continuity in an exploration business dependent on specialized expertise. Conditional approval to graduate to the Toronto Stock Exchange could also broaden market visibility and improve access to equity financing over time.
Bears Say
Persistent UnprofitabilityDeep losses across gross profit, EBITDA, EBIT and net income show that reported activity is not converting into economic profitability. Continued negative margins weaken cost absorption and make future progress dependent on exploration success or additional external funding.
Ongoing Cash BurnNegative operating and free cash flow means the company is not self-funding its operations and investment program. Persistent cash burn can require repeated capital raises, increasing financing dependence and potentially limiting the pace or scope of exploration if funding conditions weaken.
Exploration-Stage Funding DependenceAs a non-producing explorer, the company lacks recurring metal-sales revenue and relies primarily on financial-market funding for drilling, studies and property maintenance. That model makes durable progress dependent on exploration results, investor appetite and continued access to capital.
New Found Gold News
NFGC FAQ
What was New Found Gold’s price range in the past 12 months?
New Found Gold lowest stock price was $1.34 and its highest was $3.59 in the past 12 months.
What is New Found Gold’s market cap?
New Found Gold’s market cap is $615.67M.
When is New Found Gold’s upcoming earnings report date?
New Found Gold’s upcoming earnings report date is Nov 16, 2026 which is in 41 days.
How were New Found Gold’s earnings last quarter?
New Found Gold released its earnings results on Aug 12, 2026. The company reported -$0.021 earnings per share for the quarter, missing the consensus estimate of -$0.007 by -$0.014.
Is New Found Gold overvalued?
According to Wall Street analysts New Found Gold’s price is currently Undervalued.
Does New Found Gold pay dividends?
New Found Gold does not currently pay dividends.
What is New Found Gold’s EPS estimate?
New Found Gold’s EPS estimate is -0.01.
How many shares outstanding does New Found Gold have?
New Found Gold has 385,194,600 shares outstanding.
What happened to New Found Gold’s price movement after its last earnings report?
New Found Gold reported an EPS of -$0.021 in its last earnings report, missing expectations of -$0.007. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of New Found Gold?
Currently, no hedge funds are holding shares in NFGC
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
Underperform
1
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5
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7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$5.00 (163.16% Upside)
$5.00 (163.16% Upside)
Blogger Sentiment
Bullish
NFGC Sentiment 75%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 531.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.0%
Last 30 Days ▲ 8.3%
Last 30 Days ▲ 8.3%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-30.76%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
499.91%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
New Found Gold
New Found Gold Corp., a mineral exploration company, engages in the identification, evaluation, acquisition, and exploration of mineral properties in the Provinces of Newfoundland and Labrador, Canada. The company primarily explores for gold deposit. It holds 100% interests in the Queensway project that includes 103 mineral licenses and 7,018 claims covering an area of 175,600 hectares located near Gander, Newfoundland; and the Kingsway project located in Gander, Newfoundland. 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.
NFGC Stock 12 Month Forecast
Average Price Target
$5.00
▲(163.16% Upside)
Technical Analysis
Ownership Overview
42.23% Insiders
0.70% Mutual Funds
8.40% Other Institutional Investors
46.06% Public Companies and
Individual Investors