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NFGC Stock Chart & Stats
C$2.60
C$0.05(2.27%)
At close: 4:00 PM EDT
C$2.60
C$0.05(2.27%)
Day’s Range― - ―
52-Week RangeC$1.88 - C$4.89
Previous CloseN/A
VolumeN/A
Average Volume (3M)394.81K
Market Cap
C$855.13M
Enterprise ValueC$567.74M
Total Cash (Recent Filing)C$203.16M
Total Debt (Recent Filing)C$67.94M
Price to Earnings (P/E)―
Beta2.27
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. Volume305,082
30 Day Avg. Volume394,814
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$7.13Price Target Upside174.27% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-0.13
Revenue Forecast (FY)C$64.37M
Bulls Say, Bears Say
Bulls Say
Exploration PortfolioNFG has a defined exploration-led business model centered on generating value through discovery and resource delineation. Its technical work can advance project potential without requiring current production, while creating possible longer-term paths toward development, partnerships or monetization.
Modest LeverageRelatively low debt versus equity reduces the immediate burden of interest and principal obligations while the company funds exploration. This provides more financial flexibility than a highly leveraged structure, although continued losses could still erode the supporting equity base over time.
Revenue Activity GrowthThe sharp increase in trailing revenue indicates materially higher activity than in earlier periods and provides evidence of improved top-line performance. If sustained, stronger revenue generation could broaden financial support for operations, although the current business remains unprofitable.
Bears Say
No Operating Production RevenueBecause NFG is not a producing miner, it lacks recurring cash receipts from gold sales and must advance projects before reaching a production-based revenue model. This makes funding access and exploration outcomes central to sustaining operations and creating value over the coming periods.
Persistent LossesDeep losses across gross profit, EBITDA, EBIT and net income show that current activity is not absorbing costs or producing sustainable earnings. Continued unprofitability can erode equity, constrain internal funding capacity, and leave future progress dependent on successful exploration and external capital.
Ongoing Cash BurnNegative operating and free cash flow means NFG continues to consume cash while funding operations and investment rather than financing them internally. Persistent burn increases reliance on capital markets, reduces flexibility if funding conditions weaken, and can pressure the company to raise capital repeatedly.
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 C$1.88 and its highest was C$4.89 in the past 12 months.
What is New Found Gold’s market cap?
New Found Gold’s market cap is C$855.13M.
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 35 days.
How were New Found Gold’s earnings last quarter?
New Found Gold released its earnings results on Aug 12, 2026. The company reported -C$0.03 earnings per share for the quarter, missing the consensus estimate of -C$0.01 by -C$0.02.
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 -C$0.03 in its last earnings report, missing expectations of -C$0.01. 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 TSE: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
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10
Analyst Consensus
Moderate Buy
Average Price Target:
C$7.13 (174.27% Upside)
C$7.13 (174.27% Upside)
Blogger Sentiment
Bullish
TSE:NFGC Sentiment 75%
Sector Average 69%
Sector Average 69%
Crowd Wisdom
Positive
Last 7 Days ▼ 1.2%
Last 30 Days ▲ 3.3%
Last 30 Days ▲ 3.3%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-37.69%
12-Months-Change
Fundamentals
Return on Equity
-16.25%
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
C$7.13
▲(174.27% Upside)