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Newfoundland Discovery Corp
(NEWD)
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Rating:47Neutral
Price Target:
C$0.18
▲(1.11% Upside)
Action:Upgraded
Date:09/06/26
The score is primarily held down by weak financial performance (no revenue, sustained losses, continued cash burn, and negative equity despite zero debt). Technicals are slightly constructive but not strong enough to offset the financial risk, and valuation metrics are limited by negative earnings and no dividend support.
Positive Factors
Debt-free balance sheet
The absence of debt removes leverage-driven repayment obligations and reduces financial risk from borrowing. This gives the company a cleaner capital structure and avoids debt service competing with exploration spending, although negative equity still limits overall resilience.
Negative Factors
No revenue generation
A zero-revenue profile means the business has not yet established operating inflows from its activities. Without demonstrated revenue generation, future funding depends on project progress and external capital, making continuity and the timing of any commercial scale-up material risks.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt-free balance sheet
The absence of debt removes leverage-driven repayment obligations and reduces financial risk from borrowing. This gives the company a cleaner capital structure and avoids debt service competing with exploration spending, although negative equity still limits overall resilience.
Read all positive factors
Newfoundland Discovery Corp (NEWD) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$3.86M
Dividend YieldN/A
Average Volume (3M)5.79K
Price to Earnings (P/E)―
Beta (1Y)1.63
Revenue GrowthN/A
EPS Growth-104.10%
CountryCA
Employees389
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.21
Shares Outstanding20,867,847
10 Day Avg. Volume11,625
30 Day Avg. Volume5,794
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)-4.83
Price to Sales (P/S)0.00
P/FCF Ratio-55.51
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Newfoundland Discovery Corp Business Overview & Revenue Model
Company Description
Headquartered in Vancouver, Canada, Newfoundland Discovery Corp. operates as a junior enterprise dedicated to the evaluation, exploration, and advancement of mineral resources across Canada. The company, which adopted its current name in September...
Newfoundland Discovery Corp Financial Statement Overview
Summary
Income Statement
8
Very Negative
Balance Sheet
22
Negative
Cash Flow
12
Very Negative
| Breakdown | Apr 2026 | Jul 2025 | Jul 2023 | Jul 2022 | Jul 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | ― | 0.00 | -23.48K |
| EBITDA | -321.99K | -398.08K | -814.84K | -1.18M | ― |
| Net Income | -2.21M | -977.86K | -2.30M | -1.09M | -2.11M |
Balance Sheet | |||||
| Total Assets | 48.61K | 47.73K | 14.10M | 12.26M | 9.71M |
| Cash, Cash Equivalents and Short-Term Investments | 23.10K | 25.82K | 805.87K | 1.58M | 3.44M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 366.87K | 482.71K | 571.01K | 483.99K | 895.66K |
| Stockholders Equity | -318.26K | -434.98K | 13.53M | 11.77M | 8.81M |
Cash Flow | |||||
| Free Cash Flow | -27.72K | -246.00 | -2.24M | -2.64M | -3.33M |
| Operating Cash Flow | -27.72K | -213.00 | -223.21K | -903.91K | -2.15M |
| Investing Cash Flow | 25.00K | -34.00 | -1.24M | -1.73M | -1.03M |
| Financing Cash Flow | 0.00 | 0.00 | 686.15K | 780.12K | 5.01M |
Newfoundland Discovery Corp Technical Analysis
Neutral
0.18
Price Trends
0.18
Positive
0.17
Positive
0.18
Positive
Market Momentum
<0.01
Negative
48.33
Neutral
57.04
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NEWD, the sentiment is Neutral. The current price of 0.18 is below the 20-day moving average (MA) of 0.18, above the 50-day MA of 0.18, and above the 200-day MA of 0.18, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 48.33 is Neutral, neither overbought nor oversold. The STOCH value of 57.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TSE:NEWD.
Newfoundland Discovery Corp Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
48 Neutral | C$1.17M | -1.44 | -152.09% | ― | ― | -28.89% | |
47 Neutral | C$3.86M | -0.86 | 424.83% | ― | ― | -104.10% | |
45 Neutral | C$5.08M | -3.25 | 370.31% | ― | ― | -77.01% | |
43 Neutral | C$3.36M | -0.25 | 3504.53% | ― | ― | -847.64% |
* Basic Materials Sector Average
TSE:NEWD
Newfoundland Discovery Corp
0.19
0.06
48.00%
TSE:CAND.H
Candelaria Mining
0.01
0.00
0.00%
TSE:NXS
Nexus Gold
0.14
-0.11
-44.00%
TSE:METL
Metalite Resources
0.24
0.10
71.43%
TSE:GRAY
Graycliff Exploration
0.30
0.20
200.00%
TSE:FWM
Flow Metals Corp
0.05
>-0.01
-16.67%
Newfoundland Discovery Corp Corporate Events
Business Operations and StrategyM&A Transactions
Newfoundland Discovery Moves Into Angolan Gold and Rare Earths With Ganda Project Deal
Positive
Aug 11, 2026
Newfoundland Discovery Corp has agreed to acquire Orenoxe Holdings, securing rights to earn up to a 90% interest in the 786 km² Ganda gold–rare earth concession in Angola’s Benguela Province, near existing infrastructure and the c...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.