TSXV:NFGMetals and Mining
New Found Gold (TSXV:NFG): Valuation Check After Financing Milestone and First Production Timeline Set for 2025
New Found Gold (TSXV:NFG) just checked off two major milestones: finishing construction at its Hammerdown open pit and securing $30 million in financing, setting up first gold production in the second half of 2025.
See our latest analysis for New Found Gold.
Those milestones seem to be reinvigorating sentiment, with a roughly 33% 1 month share price return and a 68% 1 year total shareholder return contrasting with still negative 3 year total shareholder returns. This suggests momentum is...