New Found Gold Corp
$ 2.60
-1.52%
04 Mar - close price
- Market Cap 894,400,000 USD
- Current Price $ 2.60
- High / Low $ 2.68 / 2.57
- Stock P/E N/A
- Book Value 0.30
- EPS -0.16
- Next Earning Report 2026-03-20
- Dividend Per Share N/A
- Dividend Yield 0 %
- Next Dividend Date -
- ROA -0.33 %
- ROE -0.51 %
- 52 Week High 3.59
- 52 Week Low 0.93
About
New Found Gold Corp (NFGC) is a Canadian exploration company dedicated to developing its promising gold projects in the mineral-rich Newfoundland region. Central to its strategy is the Queensway project, located near Gander, which has demonstrated significant high-grade gold intercepts and robust geological potential. With a focus on innovative exploration techniques and a seasoned management team, New Found Gold is well-positioned to capitalize on its extensive land holdings, aiming to unlock substantial mineral resources and generate long-term value for shareholders in the growing North American gold market.
Analyst Target Price
$5.00
Quarterly Earnings
| Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 2025-11-12 | 2025-08-07 | 2025-05-07 | 2025-03-21 | 2024-11-11 | 2024-08-09 | 2024-05-09 | 2024-03-21 | 2023-11-13 | 2023-08-14 | 2023-05-12 | 2023-03-30 |
| Reported EPS | -0.04 | -0.0363 | -0.0478 | -0.063 | -0.0429 | -0.07 | -0.07 | -0.1 | -0.13 | -0.0674 | -0.0845 | -0.1036 |
| Estimated EPS | -0.04 | -0.02 | -0.0289 | -0.0323 | -0.07 | -0.09 | -0.09 | -0.09 | -0.1 | -0.1114 | -0.08 | -0.01 |
| Surprise | 0 | -0.0163 | -0.0189 | -0.0307 | 0.0271 | 0.02 | 0.02 | -0.01 | -0.03 | 0.044 | -0.0045 | -0.0936 |
| Surprise Percentage | 0% | -81.5% | -65.3979% | -95.0464% | 38.7143% | 22.2222% | 22.2222% | -11.1111% | -30% | 39.4973% | -5.625% | -936% |
Next Quarterly Earnings
| Dec 2025 | |
|---|---|
| Reported Date | 2026-03-20 |
| Fiscal Date Ending | 2025-12-31 |
| Estimated EPS | -0.01 |
| Currency | USD |
Next Dividend Records
| Dividend per share (year): | - |
| Dividend Yield | - |
| Next Dividend Date | - |
| Ex-Dividend Date | - |
Recent News: NFGC
2026-03-04 11:37:00
New Found Gold Corp. (NFGC) announced high-grade gold intercepts from its 2025 Queensway Gold Project drill program in Newfoundland and Labrador, confirming strong mineralization continuity in the Keats and Iceberg zones. The company has initiated its 2026 drill program and expects to release remaining 2025 results and an updated Technical Report in Q3 2026. The 2025 program used tight drill spacing to improve understanding of gold distribution and validate existing resource models.
2026-03-03 14:51:35
New Found Gold has transitioned from an exploration company to an emerging Canadian gold producer, largely due to its Queensway project and the acquisition of Maritime Resources. The Queensway project's Preliminary Economic Assessment (PEA) indicates strong economics with a C$743M after-tax NPV at US$2,500/oz gold, while the Maritime deal provides near-term cash flow and reduces initial capital expenditure. Despite the PEA-level risks and anticipated financing needs, the company's stock is trading at a significant discount to its asset Net Present Value (NPV), suggesting substantial rerating potential.
2026-03-02 16:52:38
New Found Gold (NYSE: NFGC) announced high-grade drilling results from its Queensway Gold Project in Newfoundland, Canada, specifically from the Iceberg and Keats zones. The company reported exceptional gold intercepts, including 71.8 g/t gold over 31.95 meters and 76.6 g/t over 16.00 meters at Iceberg. These results aim to enhance confidence in mineralization distribution for mine planning and will contribute to an updated mineral resource estimate and technical report slated for Q3 2026.
2026-03-02 01:52:38
New Found Gold Corp. has announced the final results from its 2025 grade control drill program at the Queensway Gold Project, highlighting significant high-grade gold intercepts at the Keats and Iceberg zones. These results, including 71.8 g/t Au over 31.95 m and 76.6 g/t Au over 16.00 m at Iceberg, along with 51.3 g/t Au over 3.40 m and 11.8 g/t Au over 9.95 m at Keats, confirm consistent high gold grades over broad widths at surface. The program aims to de-risk the project and support mine planning for early open pit mining as outlined in the 2025 Preliminary Economic Assessment.
2026-03-01 14:51:54
New Found Gold Corp. has released the final results of its 2025 grade control drill program at the Queensway Gold Project, highlighting significant at-surface high-grade gold intercepts at the Keats and Iceberg zones. These results, including 71.8 g/t Au over 31.95 m at Iceberg and 51.3 g/t Au over 3.40 m at Keats, improve confidence in the gold mineralization distribution for mine planning, particularly for the 2025 PEA Phase 1 open pits. The company plans an updated Technical Report and continued drilling throughout 2026 to further advance resource conversion and exploration.
2026-02-27 17:52:11
New Found Gold (TSXV:NFG) recently announced a positive Preliminary Economic Assessment (PEA) for its Hammerdown Gold Project, detailing a 13-year mine plan with low estimated capital costs of $24.3M. This hub-and-spoke model, leveraging existing infrastructure and multiple deposits, provides a more tangible path to cash flow for the company, which currently reports no revenue. While the PEA offers a clearer route to profitability, the investment narrative still involves understanding risks around high all-in sustaining costs (AISC), board inexperience, and past shareholder dilution, despite a recent share price increase.
