New Found Gold Corp
$ 2.31
6.94%
20 Apr - close price
- Market Cap 808,873,000 USD
- Current Price $ 2.31
- High / Low $ 2.34 / 2.14
- Stock P/E N/A
- Book Value 0.89
- EPS -0.15
- Next Earning Report 2026-05-11
- Dividend Per Share N/A
- Dividend Yield 0 %
- Next Dividend Date -
- ROA -0.12 %
- ROE -0.20 %
- 52 Week High 3.59
- 52 Week Low 1.07
About
New Found Gold Corp (NFGC) is a prominent Canadian exploration company strategically advancing its high-potential gold projects in Newfoundland, notably the renowned Queensway project, which has showcased exceptional high-grade gold intercepts. With a strong management team and innovative exploration technologies, the company is well-positioned to capitalize on its extensive land holdings and uncover significant mineral resources. As the demand for gold continues to grow, New Found Gold aims to create sustainable shareholder value by leveraging its geological assets in the thriving North American gold market.
Analyst Target Price
$5.00
Quarterly Earnings
| Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 2026-03-23 | 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 |
| Reported EPS | -0.0359 | -0.04 | -0.0363 | -0.0478 | -0.063 | -0.0429 | -0.07 | -0.07 | -0.1 | -0.13 | -0.0674 | -0.0845 |
| Estimated EPS | -0.02 | -0.04 | -0.02 | -0.0289 | -0.0323 | -0.07 | -0.09 | -0.09 | -0.09 | -0.1 | -0.1114 | -0.08 |
| Surprise | -0.0159 | 0 | -0.0163 | -0.0189 | -0.0307 | 0.0271 | 0.02 | 0.02 | -0.01 | -0.03 | 0.044 | -0.0045 |
| Surprise Percentage | -79.5% | 0% | -81.5% | -65.3979% | -95.0464% | 38.7143% | 22.2222% | 22.2222% | -11.1111% | -30% | 39.4973% | -5.625% |
Next Quarterly Earnings
| Mar 2026 | |
|---|---|
| Reported Date | 2026-05-11 |
| Fiscal Date Ending | 2026-03-31 |
| Estimated EPS | -0.01 |
| Currency | CAD |
Next Dividend Records
| Dividend per share (year): | - |
| Dividend Yield | - |
| Next Dividend Date | - |
| Ex-Dividend Date | - |
Recent News: NFGC
2026-04-20 13:08:58
New Found Gold has announced a C$205 million funding package to advance its Queensway project in Newfoundland, which caused its shares to rise in US premarket trading. The funding includes investments from two undisclosed institutional investors, a private placement, a bought deal equity financing, and warrants. This financing is expected to accelerate exploration, expand drilling and resource development, and begin further engineering and environmental studies at the company's high-grade gold project.
2026-04-20 12:08:58
New Found Gold Corp. has announced a comprehensive finance package totaling $205 million, comprising a $100 million bought deal equity financing and a $105 million senior secured credit facility with EdgePoint Investment Group Inc. This funding is intended to cover initial capital expenditures for the Queensway Gold Project–Phase I, with closing of the bought deal expected around April 27, 2026. The company will not proceed with its previously contemplated secured loan facility with Nebari Natural Resources Credit Fund II, LP.
2026-04-20 11:08:58
New Found Gold announced the full acquisition of Maritime Resources Corp. in April 2026, consolidating all of Maritime's Newfoundland gold assets, including the Hammerdown project. The all-share deal, completed in November 2025, made New Found Gold the 100% owner of Maritime, with no immediate plans for major strategic changes beyond integrating the acquired projects. While one analyst has a Buy rating on NFG stock, TipRanks' AI Analyst, Spark, rates it Neutral due to weak operating performance and bearish technical momentum despite a low-debt balance sheet.
2026-04-20 11:08:58
New Found Gold has secured a C$205 million finance package, comprising a C$100 million equity offering and a C$105 million senior secured credit facility with EdgePoint. This funding is intended to advance the Queensway Gold Project Phase I towards production, support the Hammerdown ramp-up, and cover general corporate expenses. The deal, expected to close around April 27, 2026, is subject to TSXV and NYSE American approvals and replaces a previous term sheet with Nebari Natural Resources Credit Fund II, LP.
2026-04-20 10:08:58
New Found Gold (NYSE: NFGC) has completed the acquisition of all outstanding shares of Maritime Resources Corp. via a court-approved plan of arrangement. This strategic move grants New Found Gold 100% ownership of Maritime, significantly expanding its gold exploration and processing assets in Newfoundland and Labrador, including the Hammerdown gold project, Green Bay property, a mill, and a gold plant. Maritime shareholders received 0.750 New Found Gold shares for each Maritime share.
2026-04-20 09:10:08
New Found Gold Corp. has announced it expects to secure CAD 105 million in funding through a credit facility from EdgePoint Capital Advisors LLC. The funding will be advanced in two tranches, with CAD 70 million upon meeting initial conditions and an additional CAD 35 million within 12 months. This financing is subject to approval from the TSX Venture Exchange and authorization from the NYSE American.
