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New Found Gold TSXV:NFG Stock Report

Last Price

CA$2.34

Market Cap

CA$451.5m

7D

1.7%

1Y

-49.8%

Updated

20 Dec, 2024

Data

Company Financials +

NFG Stock Overview

A mineral exploration company, engages in the identification, evaluation, acquisition, and exploration of mineral properties in the Provinces of Newfoundland and Labrador, and Ontario. More details

NFG fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

New Found Gold Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for New Found Gold
Historical stock prices
Current Share PriceCA$2.34
52 Week HighCA$5.71
52 Week LowCA$2.11
Beta0.38
1 Month Change2.63%
3 Month Change-34.08%
1 Year Change-49.79%
3 Year Change-72.50%
5 Year Changen/a
Change since IPO67.14%

Recent News & Updates

Recent updates

Is New Found Gold (CVE:NFG) In A Good Position To Invest In Growth?

Mar 02
Is New Found Gold (CVE:NFG) In A Good Position To Invest In Growth?

Is New Found Gold (CVE:NFG) In A Good Position To Invest In Growth?

Sep 24
Is New Found Gold (CVE:NFG) In A Good Position To Invest In Growth?

Here's Why We're Watching New Found Gold's (CVE:NFG) Cash Burn Situation

Jun 24
Here's Why We're Watching New Found Gold's (CVE:NFG) Cash Burn Situation

Shareholder Returns

NFGCA Metals and MiningCA Market
7D1.7%-4.1%-2.6%
1Y-49.8%16.6%15.2%

Return vs Industry: NFG underperformed the Canadian Metals and Mining industry which returned 15.7% over the past year.

Return vs Market: NFG underperformed the Canadian Market which returned 15% over the past year.

Price Volatility

Is NFG's price volatile compared to industry and market?
NFG volatility
NFG Average Weekly Movement8.9%
Metals and Mining Industry Average Movement10.1%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.3%
10% least volatile stocks in CA Market2.9%

Stable Share Price: NFG has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: NFG's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
201698Coll Kettellnewfoundgold.ca

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, and Ontario. It primarily explores for gold deposit. The company holds 100% interests in the Queensway project that includes 96 mineral licenses and 6,659 claims covering an area of 166,475 hectares of land located near Gander, Newfoundland; and the Kingsway project located in Gander, Newfoundland.

New Found Gold Corp. Fundamentals Summary

How do New Found Gold's earnings and revenue compare to its market cap?
NFG fundamental statistics
Market capCA$451.52m
Earnings (TTM)-CA$57.41m
Revenue (TTM)n/a

0.0x

P/S Ratio

-8.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NFG income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
Other ExpensesCA$57.41m
Earnings-CA$57.41m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.29
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did NFG perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 05:08
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

New Found Gold Corp. is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brian QuastBMO Capital Markets Equity Research
Andrew MikitchookBMO Capital Markets Equity Research
Thomas GalloCanaccord Genuity