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

Company Overview

New Found Gold Corporation is a Canadian mineral exploration company focused on the discovery and advancement of gold deposits in eastern Canada. The company’s principal asset is the Queensway Project, located in the Central Newfoundland gold belt, a region renowned for high-grade orogenic gold systems. New Found Gold employs systematic drilling and geophysical surveying to delineate multiple high-potential zones along a 25-kilometre strike corridor, targeting both near-surface and deeper structural targets.

The Queensway Project has garnered attention for its visible gold-bearing quartz veins and robust drill intercepts, which have extended known mineralized zones and uncovered new targets. New Found Gold’s exploration team integrates modern structural geology models with 3D seismic data and deep-penetrating electromagnetic surveys to prioritize drill sites. The company has completed several phases of diamond drilling that have tested structural trends and vein expansions, positioning Queensway as one of the more active exploration plays in the Newfoundland gold space.

New Found Gold was formed through a spin-out of assets from New Found Resources in 2020 and subsequently listed on the TSX Venture Exchange and the NYSE American. Since its inception, the company has raised capital to fund ongoing exploration, expand its technical team and advance community and environmental permitting. Its corporate office is based in Toronto, Ontario, while field operations are centered in Newfoundland and Labrador.

Under the leadership of President and Chief Executive Officer John Robins, a geologist with extensive exploration and financing experience, the company’s board and management team bring a blend of technical expertise and capital markets knowledge. New Found Gold continues to refine its exploration model and advance the Queensway Project toward resource delineation, while engaging with local stakeholders and regulatory authorities in Newfoundland to support responsible mineral development.

Key Stats

• Today's Range: $2.01 to $2.15
• 50-Day Range: $1.34 to $2.14
• 52-Week Range: $0.93 to $2.89
• Volume: 1.59 million shs
• Average Volume: 979,472 shs
• Market Capitalization: $505.48 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $5.00
• Consensus Rating: Buy

New Found Gold Stock Analysis - MarketRank™

New Found Gold scored higher than 37% of companies evaluated by MarketBeat, and ranked 146th out of 191 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

New Found Gold has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Upside Potential

New Found Gold has a consensus price target of $5.00, representing about 140.4% upside from its current price of $2.08.

Amount of Analyst Coverage

New Found Gold has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for New Found Gold are expected to decrease in the coming year, from ($0.19) to ($0.23) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of New Found Gold is -9.45, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of New Found Gold is -9.45, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

New Found Gold has a P/B Ratio of 8.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.26% of the float of New Found Gold has been sold short.

Short Interest Ratio / Days to Cover

New Found Gold has a short interest ratio ("days to cover") of 6.1.

Change versus previous month

Short interest in New Found Gold has recently decreased by 2.40%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

New Found Gold does not currently pay a dividend.

Dividend Growth

New Found Gold does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.26% of the float of New Found Gold has been sold short.

Short Interest Ratio / Days to Cover

New Found Gold has a short interest ratio ("days to cover") of 6.1.

Change versus previous month

Short interest in New Found Gold has recently decreased by 2.40%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.38

News Sentiment

New Found Gold has a news sentiment score of 0.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.62 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for New Found Gold this week, compared to 1 article on an average week.

Search Interest

7 people have searched for NFGC on MarketBeat in the last 30 days. This is an increase of 250% compared to the previous 30 days.

MarketBeat Follows

2 people have added New Found Gold to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, New Found Gold insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 3.43% of the stock of New Found Gold is held by institutions.

NFGC Stock Analysis - Frequently Asked Questions

How have NFGC shares performed this year?

New Found Gold's stock was trading at $1.82 on January 1st, 2025. Since then, NFGC shares have increased by 14.3% and is now trading at $2.08.

Who are New Found Gold's major shareholders?

Top institutional shareholders of New Found Gold include Bank of America Corp DE (0.91%), Marshall Wace LLP (0.59%), Bank of Montreal Can (0.13%) and XTX Topco Ltd (0.10%).

How do I buy shares of New Found Gold?

Shares of NFGC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

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 Arista Networks (ANET), PayPal (PYPL), Nextera Energy Partners (NEP), Enterprise Products Partners (EPD), Innovative Industrial Properties (IIPR), Tesla (TSLA) and

Company Calendar

• Today: 9/15/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Gold & silver ores
• Sub-Industry: Precious Metals
• Current Symbol: NYSE:NFGC
• CIK: 1840616
• Web: newfoundgold.ca
• Phone: 604-562-9664
• Fax: N/A
• Employees: 98
• Year Founded: N/A

Price Target and Rating

• Average Price Target for New Found Gold: $5.00
• High Price Target: $5.00
• Low Price Target: $5.00
• Potential Upside/Downside: +148.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.19)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$59.18 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -82.80%
• Return on Assets: -68.88%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 4.36
• Quick Ratio: 4.36

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.26 per share
• Price / Book: 7.75

Miscellaneous

• Outstanding Shares: 243,018,000
• Free Float: N/A
• Market Cap: $489.68 million
• Optionable: Optionable
• Beta: 1.32