$0.02 (1.37%)
Industry, Sector & symbol
| Stock Exchange | AMEX |
| CEO | Keith Boyle |
| Industry | Gold |
| Sector | Basic Materials |
| Current Symbol | NFGC |
| CUSIP | 64440N103 |
| CIK | 0001840616 |
| Web | https://newfoundgold.ca |
| Phone | +1 844 660 6644 |
| Currency | USD |
| Employees | 131 |
| Country | CA |
Liquidity
| Debt-to-Equity Ratio | 0.00 |
| Payout Ratio | 0.00 |
| Current Ratio | 2.89 |
| Quick Ratio | 2.43 |
| Cash Ratio | 1.79 |
Sales & Book Value
| Annual Sales | $5.81M |
| Price / Sales | 32.19 |
| Cash Flow | -0.30 |
| Price / Cash Flow | -7.05 |
| Price / Book | 1.20 |
Price Target and Rating
| Average Stock Price Forecast | $ |
| High Stock Price Forecast | $ |
| Low Stock Price Forecast | $ |
| Forecast Upside/Downside | % |
| Consensus Rating | Sell |
| Rating Score(0-5) | 2 |
| Research Coverage | 1 Analysts |
Profitability
| EPS (Most Recent Fiscal Year) | $-0.21 |
| Trailing P/E Ratio | -8.53 |
| PEG Ratio | 1.31 |
| P/E Growth | 1.31 |
| Net Income | $-47.57M |
| Net Margin | -367.92% |
| Pretax Margin | -367.46% |
| Return on Equity | -22.69% |
| Return on Assets | -11.08% |
Financials Score
| AltmanZ Score | 1.31 |
| Piotroski Score | 2.00 |
| Working Capital | 40.1M |
| Total Assets | 522.55M |
| Ebit | -57.46M |
| Market Cap | 495.08M |
| Total Liabilities | 115.97M |
About New Found Gold Corp. (AMEX:NFGC) Stock
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. ...
New Found Gold Provides Queensway and Pine Cove Update
2026-07-06 06:58:00
Vancouver, British Columbia--(Newsfile Corp. - July 6, 2026) - New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) ("New Found Gold" or the "Company") today provided an update on the development of the Company's 100% owned flagship Queensway Gold Project ("Queensway" or the "Project") and Pine Cove mill and tailings facility ("Pine Cove" or the "Mill"), located in Newfoundland and Labrador ("NL"), Canada. Queensway Phase 1: Referral for Environmental Preview Report The Honourable Chris Tibbs, Minister of Environment, Conservation and Climate Change for NL (the "Minister") notified the Company that an Environmental Preview Report ("EPR") is required for the proposed Queensway Phase 1.
New Found Gold Receives Conditional Approval to Graduate to the Toronto Stock Exchange
2026-06-29 06:58:00
Vancouver, British Columbia--(Newsfile Corp. - June 29, 2026) - New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) ("New Found Gold" or the "Company") is pleased to announce that it has received conditional approval to list its common shares on the Toronto Stock Exchange (the "TSX") and graduate from the TSX Venture Exchange (the "TSXV"). Final approval of the listing is subject to the Company fulfilling all of the requirements of the TSX, including receipt of all required documentation on or before September 14, 2026.
New Found Gold Announces Results of 2026 Annual General Meeting
2026-06-25 17:00:00
Hires ICP as Market Maker Vancouver, British Columbia--(Newsfile Corp. - June 25, 2026) - New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) ("New Found Gold" or the "Company") is pleased to announce the results of the 2026 Annual General Meeting of its shareholders held in Toronto, ON, on June 25, 2026 (the "Meeting"). The Company's Board of Directors now comprises Paul Andre Huet, Keith Boyle, Tamara Brown, Chad Williams, Allen Palmiere and Andrew Furey.
New Found Gold: Bright Future With Stable Spot Prices
2026-06-19 06:01:36
New Found Gold is transitioning from exploration to a mid-tier Canadian gold producer, targeting commercial production at multiple properties within 18 months. NFGC's Hammerdown mine is operational, aiming for commercial production in H2 2026, but high AISC (~$2500/oz) makes profitability sensitive to gold price declines. Queensway Phase 1 is fully financed (C$220M), with permitting expected in Q4 2026 and production in late 2027; AISC is projected at $1256/oz, offering margin safety.
New Found Gold: Still Risky, But No Longer Just A Drill Story
2026-06-19 01:53:43
New Found Gold is transitioning from a speculative explorer to a potential developer, with recent acquisitions reducing execution risk. The Maritime acquisition, notably Pine Cove's permitted mill, offers a practical solution for ore processing and could catalyze a re-rating. Queensway's PEA economics are attractive, with phased capex minimizing dilution risk, but grade continuity and funding remain key uncertainties.
New Found Gold Provides Hammerdown Update
2026-06-11 06:58:00
Delivery to the Mill nearing steady-state requirements, with gold reconciling from the block model to the Mill Fully staffed with 40 new jobs created to date and over 90% of new hires from the province Project remains on schedule for commercial production in H2/26 Vancouver, British Columbia--(Newsfile Corp. - June 11, 2026) - New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) ("New Found Gold" or the "Company") is pleased to provide an update on New Found Gold's 100% owned Hammerdown Gold Project ("Hammerdown" or the "Project"), currently advancing towards commercial production in Newfoundland and Labrador, Canada. Hammerdown, which includes the Hammerdown deposit and the Pine Cove Mill ("Pine Cove" or the "Mill") was acquired by the Company as a strategic acquisition of the permitted Mill to fast-track production at its 100% owned flagship Queensway Gold Project ("Queensway"; see the New Found Gold press release dated November 13, 2025).
New Found Gold Expands Queensway Work Program: Focus on Discovery and Resource Growth
2026-06-02 06:58:00
The fully funded 2026 work program will include 90,000 m of drilling with six diamond drill rigs. The program scope will expand from the initial development-related drilling in the AFZ Core that began in January, to a broader program including 40,000 m of targeted exploration drilling, district-scale surface exploration, a resumption of the highly successful grade control drilling, and resource expansion below the AFZ Core Vancouver, British Columbia--(Newsfile Corp. - June 2, 2026) - New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) ("New Found Gold" or the "Company") is pleased to announce the expansion of a fully funded $44M work program (the "Program") on its 100%-owned Queensway Gold Project ("Queensway" or the "Project") in Newfoundland and Labrador, Canada.
New Found Gold Announces Initial Draw of $70M Funding Under EdgePoint Senior Secured Credit Facility
2026-05-19 06:58:00
All amounts in Canadian dollars unless otherwise noted Vancouver, British Columbia--(Newsfile Corp. - May 19, 2026) - New Found Gold Corp. (TSXV: NFG) (NYSE American: NFGC) ("New Found Gold" or the "Company") is pleased to announce EdgePoint Investment Group Inc. ("EdgePoint") has funded the initial draw of $70,000,000 under the previously announced $105,000,000 senior secured credit facility (see the New Found Gold press release dated April 20, 2026). "Following the receipt of the $70M Tranche 1 funding, together with the $115M raised in the recently completed oversubscribed bought deal financing, we are now fully funded to advance Queensway Phase 1 development and construction and bring the project into production in late 2027, in line with our development timeline," Keith Boyle, CEO of New Found Gold, commented.
Frequently Asked Questions
What is the current New Found Gold Corp. (NFGC) stock price?
New Found Gold Corp.(AMEX:NFGC) stock price is $1.48 in the last trading session. During the trading session, NFGC stock reached the peak price of $3.59 while $1.4 was the lowest point it dropped to. The percentage change in NFGC stock occurred in the recent session was 1.37% while the dollar amount for the price change in NFGC stock was $0.02.
NFGC's industry and sector of operation?
The AMEX listed NFGC is part of Gold industry that operates in the broader Basic Materials sector.
Who are the executives of NFGC?
Hashim Ahmed
| Chief Financial Officer
Jared Saunders
| Vice President of Sustainability
Keith Boyle
| Chief Executive Officer & Director
Melissa Render
| President
Robert Assabgui
| Chief Operating Officer
How many employees does NFGC have?
Number of NFGC employees currently stands at 131. NFGC operates from 800 West Pender Street, Vancouver, BC V6C 2V6, CA.
Link for NFGC official website?
Official Website of NFGC is: https://newfoundgold.ca
How do I contact NFGC?
NFGC could be contacted at phone #+1 844 660 6644 and can also be accessed through its website. NFGC operates from 800 West Pender Street, Vancouver, BC V6C 2V6, CA.
How many shares of NFGC are traded daily?
The average number of NFGC shares traded daily for last 3 months was 1.69M.
What is the market cap of NFGC currently?
The market value of NFGC currently stands at $362.94M with its latest stock price at $1.48