New Found Gold Corp. logo

New Found Gold Corp.

NFGC

AMEXBasic MaterialsGold

Previous close

$1.84

+$0.09 · +5.14%

Aug 21, 4:00 PM ET

Pre-market

$1.86

+$0.02 · +1.09%

Aug 24, 7:34 AM ET

NFGC company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

12

Overpriced

Momentum

19

Strong Down

Sentiment

56

Mixed

Risk resilience

26

High Risk

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Company profile

Company website

New Found Gold Corp. operates as a mining exploration company, primarily engaged in identifying, acquiring, and investigating mineral properties, with a specific emphasis on gold deposits. Its operations span the Canadian provinces of Newfoundland and Labrador, and Ontario. The company holds 100% ownership of two significant projects: The Queensway project, located near Gander, Newfoundland, which covers an extensive 151,030 hectares through 86 mineral licenses and 6,041 claims. The Lucky Strike project, an 11,684-hectare site situated in Kirkland Lake, Ontario. Established in 2016, the firm was originally known as Palisade Resources Corp. before officially changing its name to New Found Gold Corp. in June 2017. Its corporate headquarters are located in Vancouver, Canada.

Industry
Gold
Sector
Basic Materials
Headquarters
CA
CEO
Keith Boyle
Listed since
Sep 14, 2020
Employees
138

Market position

Day range

Current $1.84

52-week range

Current $1.84

Open
$1.815
Previous close
$1.75
Volume
2.15M
1.34× average
Average volume
1.6M
Average daily volume
Market cap
451.23M USD
Beta
1.66
Market reference 1
50-day average
$1.5468
+18.96% above average
200-day average
$2.2075
-16.65% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
-11.23×
P/B (TTM)
1.6×
P/S (TTM)
19.75×
Dividend yield
0.00%

Profitability & efficiency

Gross margin
-122.09%
Operating margin
-232.95%
Net margin
-185.44%

Financial health

Debt / equity
0.13×

Financial statements

Income trends

Operating income

−59.2M USD-41.25%

Net income

−47.57M USD-36.19%
Income trends across reported periods−28.08M USD−55.49M USD−82.91M USD−110.32M USDOperating income, FY2021: −56.66M USDOperating income, FY2022: −88.72M USDOperating income, FY2023: −103.47M USDOperating income, FY2024: −41.91M USDOperating income, FY2025: −59.2M USDNet income, FY2021: −50.64M USDNet income, FY2022: −89.99M USDNet income, FY2023: −79.89M USDNet income, FY2024: −34.93M USDNet income, FY2025: −47.57M USDFY2021FY2022FY2023FY2024FY2025
Operating income FY2021 −56.66M USD. Operating income FY2022 −88.72M USD. Operating income FY2023 −103.47M USD. Operating income FY2024 −41.91M USD. Operating income FY2025 −59.2M USD. Net income FY2021 −50.64M USD. Net income FY2022 −89.99M USD. Net income FY2023 −79.89M USD. Net income FY2024 −34.93M USD. Net income FY2025 −47.57M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue5.81M USD
Cost of goods sold5.69M USD565.41K USD940.21K USD880.4K USD582.93K USD
Gross profit118.26K USD−565.41K USD−940.21K USD−880.4K USD−582.93K USD
Research and development1.27M USD1.15M USD
Selling, general, and administrative17.94M USD41.35M USD5.56M USD13.01M USD12.5M USD
Operating expenses59.32M USD41.35M USD102.53M USD87.84M USD56.08M USD
Interest income1.42M USD1.99M USD2.79M USD1.22M USD122.71K USD
Interest expense112.57K USD17.45K USD27.12K USD15.99K USD7.49K USD
Depreciation and amortization827.88K USD565.41K USD940.21K USD880.4K USD582.93K USD
Operating income−59.2M USD−41.91M USD−103.47M USD−88.72M USD−56.66M USD
Net income−47.57M USD−34.93M USD−79.89M USD−89.99M USD−50.64M USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Recent analyst actions

1 institution

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