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New Found Gold (NFGC) Stock Price & Analysis

NFGC Stock Chart & Stats

$1.60-$0.09(-5.33%)
At close: 4:00 PM EDT
$1.5$1.75$23 Aug17 Aug31 Aug14 Sep28 Sep12 Oct26 Oct
Day’s Range
$1.57 - $1.63
52-Week Range
$1.34 - $3.59
Previous Close
$1.69
Volume
1.84M
Average Volume (3M)
998.08K
Market Cap
$614.68M
Enterprise Value
$567.74M
Total Cash (Recent Filing)
$203.16M
Total Debt (Recent Filing)
$67.94M
Price to Earnings (P/E)
―
Beta
1.32
Next Earnings
Nov 11, 2026 (Est.)
EPS Estimate
-0
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Revenue Growth

The roughly 100% increase in TTM revenue indicates materially higher reported activity than in prior periods. If sustained, this expansion could support broader exploration and technical work, although the growth has not yet translated into profitability or positive cash flow.

Modest Leverage

Low debt relative to equity gives New Found Gold more balance-sheet flexibility than a highly leveraged explorer. This reduces immediate financing pressure and leaves greater scope to fund exploration or absorb operating volatility, even though ongoing losses could erode that support over time.

Exploration Portfolio

A focused exploration strategy provides a clear operating mandate: use geological work, surveys, drilling, and technical studies to define resources and assess project economics. Successful delineation could create longer-term strategic options, including development, partnerships, or project monetization.

Bears Say

Non-Producing Business Model

Because New Found Gold has no established gold production stream, it lacks recurring metal-sales revenue to fund operations. Progress therefore depends on exploration outcomes and continued access to equity or other capital, creating a structurally higher funding risk than for established producers.

Cash Burn

Negative operating and free cash flow means the company is not currently self-funding its activities and must continue financing exploration and investment externally. Persistent cash burn can reduce financial flexibility and may require additional capital before projects generate development or operating cash.

Persistent Losses

Deep losses across gross profit, EBITDA, EBIT, and net income show that current activity is not absorbing costs economically. Continued unprofitability limits internally generated funding, weakens the durability of reported growth, and can contribute to further equity value erosion over time.

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 $614.68M.
When is New Found Gold’s upcoming earnings report date?
New Found Gold’s next earnings report is estimated for Nov 11, 2026 (not yet confirmed), which is in 10 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 -0.00.
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?
Hedge funds hold New Found Gold shares: the largest hedge-fund position in New Found Gold is 70,124,367 shares, and hedge funds increased their holdings by 531.3K shares last quarter.
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