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NFG Stock Chart & Stats
C$2.96
C$0.07(2.72%)
At close: 4:00 PM EST
C$2.96
C$0.07(2.72%)
Day’s Range― - ―
52-Week RangeC$1.88 - C$4.89
Previous CloseN/A
Volume119.84K
Average Volume (3M)533.16K
Market Cap
C$741.36M
Enterprise ValueC$573.64
Total Cash (Recent Filing)C$43.44M
Total Debt (Recent Filing)C$1.69M
Price to Earnings (P/E)―
Beta2.27
Next Earnings
Aug 17, 2026EPS Estimate
-0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.24
Shares Outstanding384,123,800
10 Day Avg. Volume439,409
30 Day Avg. Volume533,163
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$6.01Price Target Upside103.02% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-0.1
Revenue Forecast (FY)C$57.57M
Bulls Say, Bears Say
Bulls Say
Low Leverage / Strong Balance SheetExtremely low leverage reduces refinancing and interest-burden risk, giving management a stable capital base to pursue multi-stage exploration. This durability supports multi-month drilling programs and sustains operations through commodity cycles without immediate debt pressure.
Financial Flexibility To Fund ExplorationA sizable equity base versus negligible debt allows the company to raise capital or allocate equity funding for sustained exploration. For an exploration-stage miner this flexibility supports continuous drilling, permitting and resource delineation without immediate solvency or covenant strain.
Revenue Growth From A Small BaseRevenue increasing to about $15.7M shows early operational receipts beyond pure financing. While from a small base, sustained top-line growth can validate commercial pathways for projects and, over months, help reduce reliance on external funding if the trend persists.
Bears Say
Deep Operating Losses And Negative MarginsLarge, persistent operating losses and negative margins indicate the company remains in an intensive investment phase with no evidence of operating profitability. Over time this erodes equity and increases the scale of returns required from exploration success to justify capital deployed.
Weak Cash Generation And Rising Cash BurnConsistent negative operating and free cash flow, with growing cash burn, imply ongoing external financing needs. This elevates dilution risk, can compress optionality on project timelines, and constrains the firm's ability to execute multi-stage exploration without raising additional capital.
Negative Returns On Equity Despite Equity BaseNegative return on equity means the sizable equity base is not producing profits; capital is not being converted into shareholder returns. Over a multi-month horizon this capital inefficiency can limit reinvestment capacity and pressure management to alter strategy or financing approaches.
New Found Gold News
NFG FAQ
What was New Found Gold Corp.’s price range in the past 12 months?
New Found Gold Corp. lowest stock price was C$1.88 and its highest was C$4.89 in the past 12 months.
What is New Found Gold Corp.’s market cap?
New Found Gold Corp.’s market cap is C$741.36M.
When is New Found Gold Corp.’s upcoming earnings report date?
New Found Gold Corp.’s upcoming earnings report date is Aug 17, 2026 which is in 29 days.
How were New Found Gold Corp.’s earnings last quarter?
New Found Gold Corp. released its earnings results on May 12, 2026. The company reported -C$0.08 earnings per share for the quarter, missing the consensus estimate of -C$0.045 by -C$0.035.
Is New Found Gold Corp. overvalued?
According to Wall Street analysts New Found Gold Corp.’s price is currently Undervalued.
Does New Found Gold Corp. pay dividends?
New Found Gold Corp. does not currently pay dividends.
What is New Found Gold Corp.’s EPS estimate?
New Found Gold Corp.’s EPS estimate is -0.02.
How many shares outstanding does New Found Gold Corp. have?
New Found Gold Corp. has 384,123,800 shares outstanding.
What happened to New Found Gold Corp.’s price movement after its last earnings report?
New Found Gold Corp. reported an EPS of -C$0.08 in its last earnings report, missing expectations of -C$0.045. Following the earnings report the stock price went up 1.672%.
Which hedge fund is a major shareholder of New Found Gold Corp.?
Currently, no hedge funds are holding shares in TSE:NFG
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
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10
Analyst Consensus
Moderate Buy
Average Price Target:
C$6.01 (103.02% Upside)
C$6.01 (103.02% Upside)
Blogger Sentiment
Bullish
TSE:NFG Sentiment 70%
Sector Average 71%
Sector Average 71%
Insider Transactions
Bought Shares
Worth C$20.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 3.8%
Last 30 Days ▼ 13.1%
Last 30 Days ▼ 13.1%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-12.65%
12-Months-Change
Fundamentals
Return on Equity
-22.69%
Trailing 12-Months
Asset Growth
770.92%
Trailing 12-Months
Company Description
New Found Gold Corp.
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.
NFG Stock 12 Month Forecast
Average Price Target
C$6.01
▲(103.02% Upside)