NFGC
New Found Gold Corp.
Price Chart
Latest Quote
$1.54
| Previous Close | $1.62 |
| Open | $1.57 |
| Day High | $1.62 |
| Day Low | $1.53 |
| Volume | 1,893,711 |
Stock Information
| Shares Outstanding | 384.08M |
| Total Debt | $1.19M |
| Cash Equivalents | $30.56M |
| Revenue | $11.04M |
| Net Income | $-40.63M |
| Sector | Basic Materials |
| Industry | Gold |
| Market Cap | $591.49M |
| EPS (TTM) | $-0.17 |
| Exchange | ASE |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $549.74M |
| Sales | $11.04M |
| Income | $-40.63M |
| Book/sh | $0.84 |
| Cash/sh | $0.11 |
| Employees | 131 |
Financial Ratios
| Quick Ratio | 2.31 |
| Current Ratio | 2.89 |
| Debt/Eq | 0.42 |
Returns & Margins
| ROA | -14.54% |
| ROE | -24.93% |
| Gross Margin | 9.90% |
| Operating Margin | -181.96% |
Ownership
| Insider Ownership | 29.07% |
| Institutional Ownership | 15.50% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | -6.42 |
| P/S | 37.69 |
| P/B | 1.83 |
Analyst Data
| Recommendation | none |
| Target Price | $5.00 |
Technical Indicators
| SMA20 | $1.74 |
| SMA50 | $1.95 |
| SMA200 | $2.35 |
| RSI | 24.24 |
| ATR | 0.1196 |
| Shares Float | 272.25M |
| Short Ratio | 4.37 |
| Volatility | 1.64 |
| Rel Volume | 1.03 |
Performance History
| Week | -6.10% |
| Month | -20.21% |
| Quarter | -12.99% |
| 6 Months | -41.22% |
| YTD | -49.17% |
| Year | +2.67% |
| 3 Years | -68.76% |
| 5 Years | -84.02% |
| 10 Years | -17.56% |
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-23 | $1.54 | 1,970,100 |
| 2026-06-22 | $1.62 | 1,085,600 |
| 2026-06-18 | $1.62 | 3,877,900 |
| 2026-06-17 | $1.61 | 1,802,300 |
| 2026-06-16 | $1.70 | 2,156,600 |
| 2026-06-15 | $1.64 | 2,431,300 |
| 2026-06-12 | $1.58 | 1,767,300 |
| 2026-06-11 | $1.54 | 3,070,400 |
| 2026-06-10 | $1.47 | 2,902,100 |
| 2026-06-09 | $1.55 | 3,096,700 |
| 2026-06-08 | $1.60 | 1,421,100 |
| 2026-06-05 | $1.62 | 2,920,900 |
| 2026-06-04 | $1.87 | 909,000 |
| 2026-06-03 | $1.91 | 1,067,600 |
| 2026-06-02 | $2.05 | 1,399,000 |
| 2026-06-01 | $1.99 | 1,350,600 |
| 2026-05-29 | $2.08 | 1,289,400 |
| 2026-05-28 | $2.00 | 1,109,200 |
| 2026-05-27 | $1.89 | 1,468,800 |
| 2026-05-26 | $1.94 | 1,118,900 |
About 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 7,018 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.
đ° Latest News
3 TSX Growth Stocks With Insider Ownership Up To 22%
Simply Wall St. âĸ 2026-05-29T12:35:58ZIs This Why New Found Gold Corp (NFGC) is one of the Best Gold Stocks Under $5?
Insider Monkey âĸ 2026-05-21T08:48:55ZNew Found Gold (NFGC) Gains Momentum After Major Equity Offering
Insider Monkey âĸ 2026-05-15T15:53:31ZNew Found Gold (NFGC) Announces Final 2025 Infill Drilling Results at Queensway Project
Insider Monkey âĸ 2026-05-13T04:31:51ZNew Found Gold Corp. (NFGC) Reports Q1 Loss, Beats Revenue Estimates
Zacks âĸ 2026-05-13T00:45:02Z3 Undervalued Small Caps In Global With Insider Action
Simply Wall St. âĸ 2026-05-04T09:39:36ZApril 2026's TSX Growth Leaders With Strong Insider Ownership
Simply Wall St. âĸ 2026-04-30T12:36:24ZA Look At New Found Gold (TSXV:NFG) Valuation As Shares Trade At A Discounted 2.5x P/B
Simply Wall St. âĸ 2026-04-28T01:10:25ZNew Found Gold Up In US Premarket As Announces $205M Funding Package to Advance Queensway Project
MT Newswires âĸ 2026-04-20T12:31:01ZIndependent Director of New Found Gold Picks Up 33% More Stock
Simply Wall St. âĸ 2026-04-07T10:57:09ZIncome Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $4,066,565 | $0 | $672,105 | $629,349 |
| Cost Of Revenue | $4,066,565 | $0 | $672,105 | $629,349 |
| Total Revenue | $4,151,100 | $0 | $0 | $0 |
| Operating Revenue | $4,151,100 | $0 | $0 | $0 |
| Expenses | ||||
| Interest Expense | $80,469 | $17,946 | $19,386 | $11,429 |
| Total Expenses | $46,472,716 | $43,117,396 | $74,381,080 | $63,419,040 |
| Other Income Expense | $7,099,107 | $5,149,955 | $15,295,445 | $-1,770,718 |
| Other Non Operating Income Expenses | $5,269,370 | $7,228,912 | $16,393,258 | $12,270,960 |
| Net Non Operating Interest Income Expense | $933,288 | $2,033,239 | $1,975,930 | $860,884 |
| Interest Expense Non Operating | $80,469 | $17,946 | $19,386 | $11,429 |
| Operating Expense | $42,406,150 | $43,117,396 | $73,708,975 | $62,789,692 |
| Other Operating Expenses | $29,580,676 | $37,574,767 | $68,403,946 | $52,665,004 |
| General And Administrative Expense | $12,825,474 | $5,542,629 | $3,976,305 | $9,301,328 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-34,007,164 | $-35,934,202 | $-57,109,704 | $-64,328,874 |
| Net Interest Income | $933,288 | $2,033,239 | $1,975,930 | $860,884 |
| Interest Income | $1,013,757 | $2,051,185 | $1,995,316 | $872,313 |
| Normalized Income | $-31,321,952 | $-35,934,202 | $-56,580,907 | $-50,287,196 |
| Net Income From Continuing And Discontinued Operation | $-34,007,164 | $-35,934,202 | $-57,109,704 | $-64,328,874 |
| Total Operating Income As Reported | $-45,744,116 | $-43,117,396 | $-73,963,523 | $-63,419,040 |
| Net Income Common Stockholders | $-34,007,164 | $-35,934,202 | $-57,109,704 | $-64,328,874 |
| Net Income | $-34,007,164 | $-35,934,202 | $-57,109,704 | $-64,328,874 |
| Net Income Including Noncontrolling Interests | $-34,007,164 | $-35,934,202 | $-57,109,704 | $-64,328,874 |
| Net Income Continuous Operations | $-34,007,164 | $-35,934,202 | $-57,109,704 | $-64,328,874 |
| Pretax Income | $-34,289,221 | $-35,934,202 | $-57,109,704 | $-64,328,874 |
| Special Income Charges | $-2,707,483 | $0 | $2,290,207 | $10,142 |
| Earnings From Equity Interest | $4,537,219 | $-2,078,957 | $-569,015 | $0 |
| Interest Income Non Operating | $1,013,757 | $2,051,185 | $1,995,316 | $872,313 |
| Operating Income | $-42,321,616 | $-43,117,396 | $-74,381,080 | $-63,419,040 |
| Gross Profit | $84,534 | $0 | $-672,105 | $-629,349 |
| Per Share | ||||
| Diluted EPS | $-0.14 | $-0.19 | $-0.32 | $-0.39 |
| Basic EPS | $-0.14 | $-0.19 | $-0.32 | $-0.39 |
| Other | ||||
| Tax Effect Of Unusual Items | $-22,271 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-30,909,462 | $-35,334,617 | $-55,889,415 | $-49,646,418 |
| Total Unusual Items | $-2,707,483 | $0 | $-528,798 | $-14,041,678 |
| Total Unusual Items Excluding Goodwill | $-2,707,483 | $0 | $-528,798 | $-14,041,678 |
| Reconciled Depreciation | $591,807 | $581,638 | $672,105 | $629,349 |
| EBITDA (Bullshit earnings) | $-33,616,945 | $-35,334,617 | $-56,418,213 | $-63,688,096 |
| EBIT | $-34,208,752 | $-35,916,256 | $-57,090,318 | $-64,317,445 |
| Diluted Average Shares | $167,729,188 | $138,703,660 | $127,502,400 | $119,278,105 |
| Basic Average Shares | $167,729,188 | $138,703,660 | $127,502,400 | $119,278,105 |
| Diluted NI Availto Com Stockholders | $-34,007,164 | $-35,934,202 | $-57,109,704 | $-64,328,874 |
| Tax Provision | $-282,057 | $0 | - | - |
| Write Off | $-715,017 | $0 | $715,017 | $0 |
| Restructuring And Mergern Acquisition | $3,422,500 | $0 | - | - |
| Selling General And Administration | $12,825,474 | $5,542,629 | $3,976,305 | $9,301,328 |
| Other Gand A | $8,332,786 | $4,907,098 | $1,181,151 | $1,164,514 |
| Salaries And Wages | $4,492,688 | $635,532 | $2,795,154 | $8,136,815 |
| Gain On Sale Of Ppe | - | $0 | $3,010,942 | $8,693 |
| Other Special Charges | - | $1,251,054 | - | $-1,449 |
| Impairment Of Capital Assets | - | $0 | $5,719 | $0 |
| Gain On Sale Of Security | - | $-863,312 | $-2,819,004 | $-14,051,820 |
| Other Taxes | - | $663,928 | $417,557 | $0 |
| Research And Development | - | $508,618 | $911,167 | $823,359 |
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $213,040,937 | $47,587,895 | $46,824,664 | $59,671,100 |
| Total Assets | $383,250,886 | $52,912,298 | $60,461,431 | $79,124,680 |
| Total Non Current Assets | $323,038,952 | $31,644,579 | $15,872,448 | $11,691,173 |
| Other Non Current Assets | $1,870,560 | $128,460 | - | - |
| Goodwill And Other Intangible Assets | $86,549,646 | $0 | - | - |
| Current Assets | $60,211,934 | $21,267,718 | $44,588,983 | $67,433,507 |
| Hedging Assets Current | $0 | $105,083 | $134,749 | $19,207 |
| Prepaid Assets | $2,397,221 | $1,058,218 | $1,085,965 | $1,033,463 |
| Inventory | $6,303,001 | $0 | - | - |
| Receivables | $3,092,053 | $3,593,897 | $2,412,587 | $2,247,686 |
| Other Receivables | $1,711 | - | - | - |
| Taxes Receivable | $3,090,342 | $1,579,776 | $2,358,743 | $2,247,686 |
| Notes Receivable | $0 | $2,014,121 | $0 | - |
| Cash Cash Equivalents And Short Term Investments | $48,419,658 | $16,510,521 | $40,955,681 | $64,078,606 |
| Cash And Cash Equivalents | $42,060,691 | $15,953,641 | $38,519,416 | $58,735,632 |
| Non Current Note Receivables | - | $0 | $1,754,450 | $0 |
| Accrued Interest Receivable | - | $0 | $53,844 | $0 |
| Cash Financial | - | $15,953,641 | $38,519,416 | $58,735,632 |
| Other Current Assets | - | - | - | $54,545 |
| Accounts Receivable | - | - | - | - |
| Debt | ||||
| Total Debt | $815,888 | $87,999 | $112,801 | $107,389 |
| Long Term Debt And Capital Lease Obligation | $603,025 | $49,553 | $49,209 | $49,209 |
| Long Term Debt | $359,866 | - | - | - |
| Current Debt And Capital Lease Obligation | $212,863 | $38,446 | $63,591 | $58,180 |
| Current Debt | $71,683 | - | - | - |
| Other Current Borrowings | $71,683 | - | - | - |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $83,660,303 | $5,324,402 | $13,636,767 | $19,453,580 |
| Total Non Current Liabilities Net Minority Interest | $68,168,520 | $49,553 | $49,209 | $49,209 |
| Other Non Current Liabilities | $7,770,440 | - | - | - |
| Non Current Deferred Liabilities | $59,795,055 | $0 | - | - |
| Non Current Deferred Taxes Liabilities | $59,795,055 | $0 | - | - |
| Current Liabilities | $15,491,783 | $5,274,849 | $13,587,558 | $19,404,370 |
| Other Current Liabilities | $6,202,802 | $1,734,490 | $8,882,924 | $14,342,234 |
| Payables And Accrued Expenses | $8,820,877 | $3,501,913 | $3,722,441 | $3,995,098 |
| Payables | $6,210,660 | $2,243,688 | - | - |
| Accounts Payable | $6,207,808 | $2,203,628 | - | - |
| Equity | ||||
| Common Stock Equity | $299,590,583 | $47,587,895 | $46,824,664 | $59,671,100 |
| Total Equity Gross Minority Interest | $299,590,583 | $47,587,895 | $46,824,664 | $59,671,100 |
| Stockholders Equity | $299,590,583 | $47,587,895 | $46,824,664 | $59,671,100 |
| Other Equity Interest | $21,695,392 | - | $24,844,571 | $23,909,651 |
| Gains Losses Not Affecting Retained Earnings | $30,610,127 | $25,011,382 | $24,844,571 | $23,909,651 |
| Retained Earnings | $-255,441,463 | $-221,434,299 | $-185,500,097 | $-128,390,392 |
| Long Term Equity Investment | $0 | $1,090,683 | $2,045,357 | $0 |
| Other | ||||
| Ordinary Shares Number | $244,713,471 | $143,296,876 | $133,585,687 | $125,368,168 |
| Share Issued | $244,713,471 | $143,296,876 | $133,585,687 | $125,368,168 |
| Tangible Book Value | $213,040,937 | $47,587,895 | $46,824,664 | $59,671,100 |
| Invested Capital | $300,022,132 | $47,587,895 | $46,824,664 | $59,671,100 |
| Working Capital | $44,720,151 | $15,992,869 | $31,001,425 | $48,029,136 |
| Capital Lease Obligations | $384,339 | $87,999 | $112,801 | $107,389 |
| Total Capitalization | $299,950,449 | $47,587,895 | $46,824,664 | $59,671,100 |
| Capital Stock | $502,726,526 | $244,010,812 | $207,480,189 | $164,151,842 |
| Common Stock | $502,726,526 | $244,010,812 | $207,480,189 | $164,151,842 |
| Long Term Capital Lease Obligation | $243,159 | $49,553 | $49,209 | $49,209 |
| Current Capital Lease Obligation | $141,180 | $38,446 | $63,591 | $58,180 |
| Pensionand Other Post Retirement Benefit Plans Current | $255,242 | $0 | - | - |
| Current Accrued Expenses | $2,610,217 | $1,258,225 | - | - |
| Dueto Related Parties Current | $2,852 | $40,060 | - | - |
| Investments And Advances | $0 | $1,090,683 | $2,045,357 | $0 |
| Investmentsin Associatesat Cost | $0 | $1,090,683 | $2,045,357 | $0 |
| Goodwill | $86,549,646 | $0 | - | - |
| Net PPE | $234,618,746 | $30,425,437 | $12,072,641 | $11,691,173 |
| Accumulated Depreciation | $-2,976,589 | $-2,384,782 | $-1,535,382 | $-984,263 |
| Gross PPE | $237,595,335 | $32,810,218 | $13,608,023 | $12,675,437 |
| Construction In Progress | $10,593,603 | $0 | - | - |
| Other Properties | $50,810,505 | $8,144,063 | $4,662,148 | $4,535,043 |
| Finished Goods | $849,767 | $0 | - | - |
| Work In Process | $3,943,017 | $0 | - | - |
| Raw Materials | $1,510,217 | $0 | - | - |
| Other Short Term Investments | $6,358,967 | $556,880 | $2,436,266 | $5,342,975 |
| Current Provisions | - | $1,734,490 | $918,601 | $1,008,859 |
| Machinery Furniture Equipment | - | $3,069,096 | $2,445,634 | $1,752,082 |
| Treasury Shares Number | - | - | $0 | - |
| Buildings And Improvements | - | - | - | - |
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-41,752,392 | $-43,010,584 | $-72,189,623 | $-57,157,624 |
| Operating Activities | ||||
| Operating Cash Flow | $-39,421,880 | $-39,804,891 | $-70,965,984 | $-53,170,705 |
| Cash Flow From Continuing Operating Activities | $-39,421,880 | $-39,804,891 | $-70,965,984 | $-53,170,705 |
| Operating Gains Losses | $-4,453,926 | $1,918,698 | $-2,343,242 | $3,333,278 |
| Investing Activities | ||||
| Capital Expenditure | $-2,330,512 | $-3,205,693 | $-1,223,639 | $-3,986,919 |
| Investing Cash Flow | $6,620,949 | $-2,279,143 | $-3,171,004 | $-527,467 |
| Cash Flow From Continuing Investing Activities | $6,620,949 | $-2,279,143 | $-3,171,004 | $-527,467 |
| Net Other Investing Changes | $1,959,380 | $-128,460 | $-67,733 | $-11,648 |
| Capital Expenditure Reported | - | $-3,967 | $-11,841 | $-11,648 |
| Financing Activities | ||||
| Issuance Of Capital Stock | $59,675,462 | $19,674,383 | $56,463,357 | $37,565,000 |
| Financing Cash Flow | $58,923,687 | $19,516,214 | $53,920,771 | $40,602,666 |
| Cash Flow From Continuing Financing Activities | $58,923,687 | $19,516,214 | $53,920,771 | $40,602,666 |
| Net Other Financing Charges | $-2,862,626 | $-660,989 | $-2,514,388 | $-2,383,215 |
| Cash Dividends Paid | $0 | $0 | $0 | - |
| Net Common Stock Issuance | $59,675,462 | $19,674,383 | $56,463,357 | $37,565,000 |
| Common Stock Issuance | $59,675,462 | $19,674,383 | $56,463,357 | $37,565,000 |
| Other | ||||
| Repayment Of Debt | $-41,861 | $-95,790 | $-102,907 | $-87,051 |
| End Cash Position | $42,060,691 | $15,953,641 | $38,519,416 | $58,735,632 |
| Beginning Cash Position | $15,953,641 | $38,519,416 | $58,735,632 | $71,831,138 |
| Effect Of Exchange Rate Changes | $-15,705 | $2,045 | $0 | - |
| Changes In Cash | $26,122,755 | $-22,567,820 | $-20,216,216 | $-13,095,506 |
| Interest Paid Cff | $-37,534 | $-17,946 | $-19,386 | - |
| Proceeds From Stock Option Exercised | $2,190,247 | $616,556 | $94,095 | $5,507,932 |
| Net Issuance Payments Of Debt | $-41,861 | $-95,790 | $-102,907 | $-87,051 |
| Net Long Term Debt Issuance | $-41,861 | $-95,790 | $-102,907 | $-87,051 |
| Long Term Debt Payments | $-41,861 | $-95,790 | $-102,907 | $-87,051 |
| Interest Received Cfi | $0 | $270,241 | $0 | - |
| Net Investment Purchase And Sale | $538,018 | $784,769 | $-1,886,125 | $3,450,759 |
| Sale Of Investment | $538,018 | $784,769 | $0 | $3,450,759 |
| Net Business Purchase And Sale | $6,454,062 | $0 | - | - |
| Sale Of Business | $6,454,062 | $0 | - | - |
| Net PPE Purchase And Sale | $-2,330,512 | $-3,205,693 | $-1,205,304 | $-3,966,578 |
| Purchase Of PPE | $-2,330,512 | $-3,205,693 | $-1,211,798 | $-3,975,271 |
| Change In Working Capital | $708,003 | $924,405 | $-432,233 | $2,708,834 |
| Change In Payables And Accrued Expense | $1,095,648 | $117,690 | $-122,017 | $3,096,349 |
| Change In Prepaid Assets | $-950,539 | $27,748 | $-69,414 | $541,142 |
| Change In Inventory | $899,410 | $0 | - | - |
| Change In Receivables | $-336,516 | $778,968 | $-164,901 | $-955,827 |
| Other Non Cash Items | $-5,553,550 | $-7,830,320 | $-16,373,872 | $-12,260,980 |
| Stock Based Compensation | $4,492,688 | $635,532 | $1,008,337 | $6,068,616 |
| Unrealized Gain Loss On Investment Securities | $-39,968 | $-100,641 | $2,891,889 | $10,679,072 |
| Provisionand Write Offof Assets | $-162,697 | $0 | - | - |
| Asset Impairment Charge | $-715,017 | $0 | $720,736 | $0 |
| Deferred Tax | $-282,057 | $0 | - | - |
| Deferred Income Tax | $-282,057 | $0 | - | - |
| Depreciation Amortization Depletion | $591,807 | $581,638 | $672,105 | $629,349 |
| Depreciation And Amortization | $591,807 | $581,638 | $672,105 | $629,349 |
| Depreciation | $591,807 | $581,638 | $672,105 | $629,349 |
| Gain Loss On Investment Securities | $-4,537,219 | $2,078,957 | - | $3,341,972 |
| Net Foreign Currency Exchange Gain Loss | $83,293 | $-160,259 | $30,952 | $0 |
| Net Income From Continuing Operations | $-34,007,164 | $-35,934,202 | $-57,109,704 | $-64,328,874 |
| Interest Paid Supplemental Data | - | $17,946 | $0 | $0 |
| Income Tax Paid Supplemental Data | - | $0 | $0 | $0 |
| Purchase Of Investment | - | $0 | $-1,886,125 | $0 |
| Sale Of PPE | - | $0 | $6,494 | $8,693 |
| Change In Other Current Assets | - | $0 | $-75,902 | $27,170 |
| Earnings Losses From Equity Investments | - | $934,107 | $569,015 | $0 |
| Gain Loss On Sale Of PPE | - | $0 | $-2,943,209 | $-8,693 |
| Gain Loss On Sale Of Business | - | $20,568 | $0 | - |
| Changes In Account Receivables | - | - | - | $0 |