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NYSE:NFGC

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

→ The “Perfect Storm” for Gold (From Gold Safe Exchange) (Ad)
Free NFGC Stock Alerts
$3.72
+0.04 (+1.09%)
(As of 01:51 PM ET)
Compare
Today's Range
$3.65
▼
$3.74
50-Day Range
$3.05
▼
$3.96
52-Week Range
$3.02
▼
$5.27
Volume
213,484 shs
Average Volume
295,740 shs
Market Capitalization
$706.58 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.00
Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsSocial Media

New Found Gold MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
141.9% Upside
$9.00 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.67mentions of New Found Gold in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($0.31) to ($0.33) Per Share

Overall MarketRank™

New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.22 out of 5 stars

Basic Materials Sector

146th out of 172 stocks

Gold & Silver Ores Industry

27th out of 38 stocks

See Top Rated MarketRank™ Stocks Here
NFGC stock logo

About New Found Gold Stock (NYSE:NFGC)

New Found Gold Corp., a mineral exploration company, engages in the identification, acquisition, and exploration of mineral properties in the Provinces of Newfoundland and Labrador, and Ontario. The company primarily explores for gold deposit. It holds 100% interests in the Queensway project that includes 94 mineral licenses and 6,649 claims covering an area of 166,225 hectares of land located near Gander, Newfoundland; and the Lucky Strike project comprising 11,684 hectares located in Kirkland Lake, Ontario. 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.

NFGC Stock Price History

NFGC Stock News Headlines

April 18, 2024 | americanbankingnews.com
New Found Gold (NYSE:NFGC) & Aris Mining (NYSE:ARMN) Financial Analysis
April 17, 2024 | finance.yahoo.com
New Found Intercepts 14.8 g/t Au Over 5m at Honeypot & 43.1 g/t Au Over 2m at Jackpot
April 19, 2024 | Gold Safe Exchange (Ad)
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
April 14, 2024 | americanbankingnews.com
New Found Gold (NYSE:NFGC) Shares Gap Up to $3.87
April 12, 2024 | americanbankingnews.com
Rare Element Resources (OTCMKTS:REEMF) versus New Found Gold (NYSE:NFGC) Critical Comparison
April 12, 2024 | americanbankingnews.com
FY2024 EPS Estimates for New Found Gold Corp. Boosted by Analyst (NYSE:NFGC)
April 10, 2024 | benzinga.com
New Found Gold Stock (AMEX:NFGC), Analyst Ratings, Price Targets, Predictions
April 10, 2024 | businesswire.com
New Found Intercepts 17.8 g/t Au Over 13.5m, 27.7 g/t Au Over 2.7m, 12.7 g/t Au Over 4.6m and 1.23 g/t Au Over 47.2m at K2 Zone
April 19, 2024 | Gold Safe Exchange (Ad)
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
April 9, 2024 | americanbankingnews.com
New Found Gold (NYSE:NFGC) Price Target Raised to $9.00
April 3, 2024 | benzinga.com
Expert Says, Gold Co. Has Great Potential To Be Rerated
April 3, 2024 | finance.yahoo.com
New Found Reports Positive Phase 1 Metallurgical Test Results Demonstrating 90% to 96% Gold Extraction at Queensway
March 27, 2024 | juniorminingnetwork.com
New Found Gold Identifies Continuation of the Keats-Baseline Fault Zone With 187 g/t Au Over 2.55m at “Iceberg Alley”
March 21, 2024 | finance.yahoo.com
New Found Files 2023 Year-End Disclosure Documents
March 13, 2024 | finance.yahoo.com
New Found Intercepts 36 g/t Au Over 16.7m, 34 g/t Au Over 14.7m, 43 g/t Au Over 7.35m & 41 g/t Au Over 5.85m at Iceberg
March 13, 2024 | finance.yahoo.com
PALISADES ANNOUNCES NEW FOUND INTERCEPTS AT ICEBERG-ICEBERG EAST ZONE AT QUEENSWAY PROJECT
March 9, 2024 | finance.yahoo.com
NFGC Jul 2024 7.500 call
March 7, 2024 | finance.yahoo.com
NFGC Oct 2024 5.000 put
March 4, 2024 | juniorminingnetwork.com
New Found Gold Receives Initial 3-D Seismic Interpretation, Initiates Deep Drilling at Queensway
March 2, 2024 | morningstar.com
New Found Makes New Discovery With 35 g/t Au Over 17m Including 1,910 g/t Au Over 0.3m at “Vegas Zone”
February 29, 2024 | juniorminingnetwork.com
New Found Gold Makes New Discovery With 35 g/t Au Over 17m Including 1,910 g/t Au Over 0.3m at “Vegas Zone”
February 29, 2024 | finance.yahoo.com
PALISADES ANNOUNCES NEW FOUND DISCOVERY AT "VEGAS ZONE" AT QUEENSWAY PROJECT
February 26, 2024 | msn.com
From gold records to gold coins. George Michael is now honored with a commemorative minting
February 15, 2024 | uk.finance.yahoo.com
New Found Intercepts 7.56 g/t Au Over 13.4m & 15.4 g/t Au Over 5.0m, Extends the Near-surface High-grade Segment of Iceberg-Iceberg East to 655m
February 14, 2024 | msn.com
DRDGOLD declares an interim dividend of R$ 0.20
January 31, 2024 | finance.yahoo.com
PALISADES ANNOUNCES NEW FOUND INTERCEPTS AT K2 ZONE AT QUEENSWAY PROJECT
January 28, 2024 | msn.com
UK loans looted gold and silver artifacts back to Ghana
See More Headlines
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Company Calendar

Last Earnings
3/21/2024
Today
4/19/2024
Next Earnings (Estimated)
5/15/2024
Fiscal Year End
12/31/2024
Get Stock Alerts

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Target
$9.00
High Stock Price Target
$9.00
Low Stock Price Target
$9.00
Potential Upside/Downside
+144.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($0.33)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-59,180,000.00
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
-135.56%
Return on Assets
-105.99%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
3.28
Quick Ratio
3.28

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
14.15

Miscellaneous

Outstanding Shares
189,940,000
Free Float
N/A
Market Cap
$698.98 million
Optionable
Optionable
Beta
1.22
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Key Executives

  • Mr. Collin KettellMr. Collin Kettell (Age 33)
    Founder, Executive Chairman & CEO
    Comp: $397.58k
  • Mr. Denis Roland Laviolette B.Sc (Age 39)
    B.Sc., Founder, President & Director
    Comp: $278.31k
  • Mr. Michael Kanevsky C.A. (Age 42)
    CPA, Chief Financial Officer
    Comp: $119.27k
  • Mr. Greg Matheson B.Sc. (Age 38)
    P. Geo, P.Geo., Chief Operating Officer
    Comp: $258.43k
  • Mr. Ronald Hampton
    Chief Development Officer
  • Ms. Melissa Render P.Geo.
    Vice President of Exploration
  • Ms. Janet Francis (Age 55)
    Corporate Secretary

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

NFGC Stock Analysis - Frequently Asked Questions

Should I buy or sell New Found Gold stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New Found Gold in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" NFGC shares.
View NFGC analyst ratings or view top-rated stocks.

What is New Found Gold's stock price target for 2024?

2 analysts have issued 12-month price objectives for New Found Gold's shares. Their NFGC share price targets range from $9.00 to $9.00. On average, they predict the company's share price to reach $9.00 in the next twelve months. This suggests a possible upside of 141.9% from the stock's current price.
View analysts price targets for NFGC or view top-rated stocks among Wall Street analysts.

How have NFGC shares performed in 2024?

New Found Gold's stock was trading at $3.50 at the beginning of 2024. Since then, NFGC stock has increased by 6.3% and is now trading at $3.72.
View the best growth stocks for 2024 here.

When is New Found Gold's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 15th 2024.
View our NFGC earnings forecast.

How were New Found Gold's earnings last quarter?

New Found Gold Corp. (NYSE:NFGC) announced its quarterly earnings data on Thursday, March, 21st. The company reported ($0.08) EPS for the quarter, missing the consensus estimate of ($0.07) by $0.01.

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.
Compare Top Brokerages Here.

This page (NYSE:NFGC) was last updated on 4/19/2024 by MarketBeat.com Staff

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