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)1.47M
Market Cap
$715.19M
Enterprise Value$567.74
Total Cash (Recent Filing)$203.16M
Total Debt (Recent Filing)$67.94M
Price to Earnings (P/E)―
Beta1.46
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. Volume1,634,069
30 Day Avg. Volume1,472,076
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit>-0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$4.30Price Target Upside126.30% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-0.09
Revenue Forecast (FY)$47.75M
Bulls Say, Bears Say
Bulls Say
Modest LeverageLow debt relative to equity limits interest and refinancing pressure, giving New Found Gold greater flexibility to fund exploration. This is especially valuable for an exploration-stage company that depends on external capital while projects remain pre-production.
Revenue Activity GrowthThe sharp increase in trailing revenue indicates materially higher activity than in prior periods. Although the company remains unprofitable, sustained improvement in reported activity could support future financing capacity and demonstrate progress in advancing its exploration portfolio.
Large Equity BaseA substantial equity base provides a financial buffer against project uncertainty and reduces dependence on debt financing. This supports continued geological work, drilling and technical studies while preserving flexibility to pursue discoveries without excessive leverage.
Bears Say
Persistent Heavy LossesDeep losses across multiple profitability measures show that current operations do not absorb the company’s cost base. Continued losses can erode equity, constrain financing options and increase the capital required to advance projects toward potential development.
Ongoing Cash BurnNegative operating and free cash flow means exploration and corporate activity must continue to be funded externally. This creates dilution and financing risk over the medium term, particularly if exploration spending remains high before any producing asset generates revenue.
No Producing Revenue BaseAs an exploration-stage business, New Found Gold lacks recurring metal-sales revenue and depends primarily on capital-market funding. Its long-term value therefore hinges on successful discoveries, partnerships, asset monetization or eventual production, all of which remain uncertain.
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 $715.19M.
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 72 days.
How were New Found Gold’s earnings last quarter?
New Found Gold released its earnings results on Aug 12, 2026. The company reported -$0.022 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 -$0.022 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
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$4.30 (126.30% Upside)
$4.30 (126.30% Upside)
Blogger Sentiment
Bullish
NFGC Sentiment 75%
Sector Average 61%
Sector Average 61%
Hedge Fund Trend
Increased
By 531.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $97.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 0.7%
Last 30 Days ▼ 0.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-5.97%
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 7,024 claims covering an area of 175,600 hectares located near Gander, Newfoundland; the Kingsway project located in Gander, Newfoundland; and the Mustang Property consisting of 3 mineral licenses. 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
$4.30
▲(126.30% Upside)
Technical Analysis
Ownership Overview
42.22% Insiders
0.70% Mutual Funds
8.40% Other Institutional Investors
46.43% Public Companies and
Individual Investors