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NYSEMKT: NFGC
New Found Gold Corp Stock

$3.71+0.05 (+1.37%)
Updated Apr 25, 2024
NFGC Price
$3.71
Fair Value Price
N/A
Market Cap
$693.30M
52 Week Low
$3.02
52 Week High
$5.27
P/E
-11.21x
P/B
14.39x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
-$60.07M
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
0.29
Operating Cash Flow
-$75M
Beta
0.73
Next Earnings
May 15, 2024
Ex-Dividend
N/A
Next Dividend
N/A

NFGC Overview

New Found Gold Corporation explores for minerals (principally gold) in Canada. It principally explores for gold deposit. The company owns the Queensway project in Newfoundland, and the Lucky Strike project in Ontario. Formerly Palisade Resources Corp., New Found Gold was incorporated in 2016 and is headquartered in Vancouver, British Columbia, Canada.

Zen Score

Industry Average (26)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how NFGC scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

NFGC is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
NFGC is poor value based on its book value relative to its share price (14.39x), compared to the US Gold industry average (1.75x)
P/B vs Industry Valuation
NFGC is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
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Valuation

NFGC price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-11.21x
Industry
17.57x
Market
40.97x

NFGC price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
14.39x
Industry
1.75x
NFGC is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

NFGC's financial health

Profit margin

Revenue
$0.0
Net Income
-$15.4M
Profit Margin
0%
NFGC's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials

Assets to liabilities

Assets
$63.6M
Liabilities
$14.3M
Debt to equity
0.29
NFGC's short-term assets ($45.86M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
NFGC's short-term assets ($45.86M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
NFGC's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
NFGC's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$18.5M
Investing
-$339.7k
Financing
$39.8M
NFGC's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

NFGC vs Gold Stocks

TickerMarket Cap1d %P/EP/B
NFGC$693.30M+1.37%-11.21x14.39x
ARMN$546.15M+1.53%49.63x0.87x
NG$969.68M+1.75%-22.31x-60.16x
IAUX$379.10M+4.10%-5.29x0.89x
GAU$339.71M+5.59%12.58x1.69x

New Found Gold Stock FAQ

What is New Found Gold's quote symbol?

(NYSEMKT: NFGC) New Found Gold trades on the NYSEMKT under the ticker symbol NFGC. New Found Gold stock quotes can also be displayed as NYSEMKT: NFGC.

If you're new to stock investing, here's how to buy New Found Gold stock.

What is the 52 week high and low for New Found Gold (NYSEMKT: NFGC)?

(NYSEMKT: NFGC) New Found Gold's 52-week high was $5.27, and its 52-week low was $3.02. It is currently -29.6% from its 52-week high and 22.85% from its 52-week low.

How much is New Found Gold stock worth today?

(NYSEMKT: NFGC) New Found Gold currently has 186,873,012 outstanding shares. With New Found Gold stock trading at $3.71 per share, the total value of New Found Gold stock (market capitalization) is $693.30M.

New Found Gold stock was originally listed at a price of $6.09 in Sep 29, 2021. If you had invested in New Found Gold stock at $6.09, your return over the last 2 years would have been -39.08%, for an annualized return of -21.95% (not including any dividends or dividend reinvestments).

How much is New Found Gold's stock price per share?

(NYSEMKT: NFGC) New Found Gold stock price per share is $3.71 today (as of Apr 25, 2024).

What is New Found Gold's Market Cap?

(NYSEMKT: NFGC) New Found Gold's market cap is $693.30M, as of Apr 26, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

New Found Gold's market cap is calculated by multiplying NFGC's current stock price of $3.71 by NFGC's total outstanding shares of 186,873,012.
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