New Found Gold Corp. (NFGC)

CA — Basic Materials Sector
Peers: SICNF  TLRS  IRVRF  LOMLF  NFLDF  MGDPF  KNTNF  EQX  CTGO  ORLA  CGLCF  IEGCF  BLAGF  WGLIF  ELRRF  NSRPF  NKOSF  GSHRF  FSM  SAND  IAUX  ODV  OR 

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Key Metrics & Ratings

  • symbol NFGC
  • Rev/Share 0.0
  • Book/Share 0.3362
  • PB 6.2828
  • Debt/Equity 0.0018
  • CurrentRatio 4.0319
  • ROIC -0.9159

 

  • MktCap 424032254.3996
  • FreeCF/Share -0.3028
  • PFCF -7.0714
  • PE -8.3203
  • Debt/Assets 0.0017
  • DivYield 0
  • ROE -0.7233

 

  • Rating C
  • Score 2
  • Recommendation Sell
  • P/E Score 1
  • DCF Score 3
  • P/B Score 1
  • D/E Score 4

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
No ratings available.

News

New Found Gold Closes First Tranche of C$56 Million Bought Deal Financing for Gross Proceeds of C$42 Million
NFGC
Published: June 03, 2025 by: PRNewsWire
Sentiment: Neutral

VANCOUVER, BC , June 3, 2025 /PRNewswire/ - New Found Gold Corp. (TSXV: NFG) (NYSE-A: NFGC) ("New Found Gold" or the "Company") is pleased to announce that it has closed the first tranche of its previously announced "bought deal" public offering of (i) 21,400,000 charity flow-through common shares of the Company (the "Charity Flow-Through Common Shares") that will qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) at a price of C$2.29 per Charity Flow-Through Common Share (the "Charity Flow-Through Common Share Offering Price"), and (ii) 4,370,000 common shares (the "Common Shares") at …

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image for news New Found Gold Closes First Tranche of C$56 Million Bought Deal Financing for Gross Proceeds of C$42 Million
New Found Gold Increases Previously Announced Bought Deal Financing to C$56 Million; Previously Announced Private Placement Remains at C$20 Million
NFGC
Published: May 28, 2025 by: GlobeNewsWire
Sentiment: Neutral

The Base Shelf Prospectus is accessible, and the Prospectus Supplement will be accessible within two business days, through SEDAR+

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image for news New Found Gold Increases Previously Announced Bought Deal Financing to C$56 Million; Previously Announced Private Placement Remains at C$20 Million
New Found Gold Commences 2025 Work Program on the Queensway Gold Project
NFGC
Published: May 07, 2025 by: PRNewsWire
Sentiment: Neutral

VANCOUVER, BC , May 7, 2025 /PRNewswire/ - New Found Gold Corp. ("New Found Gold" or the "Company") (TSXV: NFG) (NYSE-A: NFGC) is pleased to announce the start of the 2025 work program on the Company's 100%-owned Queensway Gold Project ("Queensway" or the "Project") in Newfoundland and Labrador, Canada. Highlights: Infill drilling is underway at the Keats West ("Keats West") and Lotto ("Lotto") zones with four diamond drill rigs.

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image for news New Found Gold Commences 2025 Work Program on the Queensway Gold Project
NEW FOUND GOLD EXPANDS HIGH-GRADE AT DOME AND GOLDEN DOME: 51.2 G/T AU OVER 13.3M & 148 G/T AU OVER 4.1M
NFGC
Published: February 24, 2025 by: PRNewsWire
Sentiment: Neutral

VANCOUVER, BC , Feb. 24, 2025 /PRNewswire/ - New Found Gold Corp. ("New Found" or the "Company") (TSXV: NFG) (NYSE-A: NFGC) is pleased to announce new drill results from the Company's 100%-owned Queensway Gold Project ("Queensway") in Newfoundland and Labrador, Canada. Highlights include: Golden Dome Zone ("Golden Dome"): 148 g/t Au over 4.10m 1 and 41.3 g/t Au over 2.40m (NFGC-24-2188); and 22.4 g/t Au over 2.00m (NFGC-24-2199).

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image for news NEW FOUND GOLD EXPANDS HIGH-GRADE AT DOME AND GOLDEN DOME: 51.2 G/T AU OVER 13.3M & 148 G/T AU OVER 4.1M
NEW FOUND GOLD CONTINUES TO STRENGTHEN MANAGEMENT TEAM
NFGC
Published: February 18, 2025 by: PRNewsWire
Sentiment: Neutral

VANCOUVER, BC , Feb. 18, 2025 /PRNewswire/ - New Found Gold Corp. ("New Found" or the "Company") (TSXV: NFG) (NYSE-A: NFGC) is pleased to announce the appointment of Dr. Fiona Childe (Ph.D., P.Geo.) as Vice President, Communications and Corporate Development, Dr. Jared Saunders (Ph.D.

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image for news NEW FOUND GOLD CONTINUES TO STRENGTHEN MANAGEMENT TEAM

About New Found Gold Corp. (NFGC)

  • IPO Date 2020-09-14
  • Website https://newfoundgold.ca
  • Industry Gold
  • CEO Mr. Keith Boyle M.B.A., MBA, P.Eng.
  • Employees 62

New Found Gold Corp., a mineral exploration company, engages in the identification, acquisition, and exploration of mineral properties in the Provinces of Newfoundland and Labrador, and Ontario. The company primarily explores for gold deposit. It holds 100% interests in the Queensway project that includes 86 mineral licenses and 6,041 claims covering an area of 151,030 hectares of land located near Gander, Newfoundland; and the Lucky Strike project comprising 11,684 hectares located in Kirkland Lake, Ontario. 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.