New Found Gold Past Earnings Performance

Past criteria checks 0/6

New Found Gold's earnings have been declining at an average annual rate of -30.7%, while the Metals and Mining industry saw earnings growing at 23.6% annually.

Key information

-30.7%

Earnings growth rate

-22.6%

EPS growth rate

Metals and Mining Industry Growth27.4%
Revenue growth raten/a
Return on equity-72.7%
Net Marginn/a
Last Earnings Update30 Sep 2024

Recent past performance updates

No 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

Revenue & Expenses Breakdown

How New Found Gold makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSXV:NFG Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 240-57650
30 Jun 240-69790
31 Mar 240-73940
31 Dec 230-801020
30 Sep 230-841100
30 Jun 230-791030
31 Mar 230-88960
31 Dec 220-90870
30 Sep 220-79710
30 Jun 220-96630
31 Mar 220-68630
31 Dec 210-51560
30 Sep 210-62650
30 Jun 210-38600
31 Mar 210-31450
31 Dec 200-33380
30 Sep 200-10180
30 Jun 200190
31 Mar 200-1050
31 Dec 190-440
31 Dec 180-130

Quality Earnings: NFG is currently unprofitable.

Growing Profit Margin: NFG is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: NFG is unprofitable, and losses have increased over the past 5 years at a rate of 30.7% per year.

Accelerating Growth: Unable to compare NFG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NFG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.7%).


Return on Equity

High ROE: NFG has a negative Return on Equity (-72.75%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 18:31
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

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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