NYSEMKT: NFGC
New Found Gold Corp Stock

$1.75-0.01 (-0.57%)
Updated Dec 4, 2024
NFGC Price
$1.75
Fair Value Price
N/A
Market Cap
$347.97M
52 Week Low
$1.51
52 Week High
$4.15
P/E
-8.1x
P/B
6.13x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
-$42.21M
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
0.14
Operating Cash Flow
-$47M
Beta
0.79
Next Earnings
N/A
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 Rating

Our proven quant model uses 115 proprietary factors, including AI, to determine NFGC's potential to beat the market

Zen Rating Component Grades

N/A
Value
N/A
Growth
N/A
Momentum
N/A
Sentiment
N/A
Safety
N/A
Financials
N/A
Artificial Intelligence
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.

Industry: Gold

Industry Rating
B
NFGC
Ranked
Unranked of 32

Top Ranked Stocks in Industry

View Top Gold Stocks

Be the first to know about important NFGC news, forecast changes, insider trades & much more!

NFGC News

Overview

Due Diligence Score

–
Industry Average (27)
You've viewed Due Diligence 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 (6.13x), compared to the US Gold industry average (1.88x)
P/B vs Industry Valuation
NFGC is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
There are 30 more NFGC due diligence checks available for Premium users.

Valuation

NFGC price to earnings (PE)

For valuing profitable companies with steady earnings

Company
-8.1x
Industry
0.76x
Market
28.79x

NFGC price to book (PB)

For valuing companies that are loss-making or have lots of physical asset

Company
6.13x
Industry
1.88x
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
-$8.5M
Profit Margin
0%
NFGC's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials

Assets to liabilities

Assets
$65.9M
Liabilities
$7.9M
Debt to equity
0.14
NFGC's short-term assets ($33.51M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
NFGC's short-term assets ($33.51M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
NFGC's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$9.2M
Investing
-$1.1M
Financing
$661.8k
NFGC's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

NFGC vs Gold Stocks

TickerZen RatingMarket Cap1d %P/EP/B
NFGC–$347.97M-0.57%-8.10x6.13x
GAU–$352.01M-2.14%-137.00x1.45x
CNL–$248.67M+1.11%N/A16.27x
IAUX–$221.61M-4.12%-1.55x0.50x
DC–$200.19M-0.93%-5.05x2.15x

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 $4.15, and its 52-week low was $1.51. It is currently -57.82% from its 52-week high and 15.89% from its 52-week low.

How much is New Found Gold stock worth today?

(NYSEMKT: NFGC) New Found Gold currently has 198,838,411 outstanding shares. With New Found Gold stock trading at $1.75 per share, the total value of New Found Gold stock (market capitalization) is $347.97M.

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 3 years would have been -71.26%, for an annualized return of -34.01% (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 $1.75 today (as of Dec 4, 2024).

What is New Found Gold's Market Cap?

(NYSEMKT: NFGC) New Found Gold's market cap is $347.97M, as of Dec 5, 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 $1.75 by NFGC's total outstanding shares of 198,838,411.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.