New Found Gold (NFG) Stock Price, News & Analysis

Company Overview

New Found Gold Corp., a mineral exploration company, engages in the identification, evaluation, acquisition, and exploration of mineral properties in the Provinces of Newfoundland and Labrador, and Ontario. It primarily explores for gold deposit. The company holds 100% interests in the Queensway project that includes 96 mineral licenses and 6,659 claims covering an area of 166,475 hectares of land located near Gander, Newfoundland. 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.

Key Stats

• Today's Range: C$2.27 to C$2.44
• 50-Day Range: C$2.22 to C$3.75
• 52-Week Range: C$2.11 to C$5.71
• Volume: 428,709 shs
• Average Volume: 227,074 shs
• Market Capitalization: C$462.43 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

NFG Stock Analysis - Frequently Asked Questions

How have NFG shares performed this year?

New Found Gold's stock was trading at C$4.67 on January 1st, 2024. Since then, NFG stock has decreased by 49.9% and is now trading at C$2.34.
View the best growth stocks for 2024 here.

How do I buy shares of New Found Gold?

Shares of NFG stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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What other stocks do shareholders of New Found Gold own?

Based on aggregate information from My MarketBeat watchlists, some other companies that New Found Gold investors own include Filo Mining (FIL), Intel (INTC), AutoZone (AZO), Kinross Gold (KGC), Lundin Mining (LUN), Northrop Grumman (NOC) and Nokia Oyj (NOK).

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Basic Materials
• Industry: Gold
• Sub-Industry: Utilities
• Current Symbol: CVE:NFG
• CUSIP: N/A
• CIK: N/A
• Web: newfoundgold.ca
• Phone: 845-535-1486
• Fax: N/A
• Employees: 2,130
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): C($0.38)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$-69,180,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -109.68%
• Return on Assets: -65.86%

Debt

• Debt-to-Equity Ratio: 0.15
• Current Ratio: 5.07
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: C$0.35 per share
• Price / Book: 6.69

Miscellaneous

• Outstanding Shares: 197,620,000
• Free Float: N/A
• Market Cap: C$462.43 million
• Optionable: N/A
• Beta: 0.56