logo
Twitter
Discord
Email
logo
New Found Gold Corp.

New Found Gold Corp.

AMEX•NFGC
CEO: Mr. Collin Kettell
Sector: Basic Materials
Industry: Gold
Listing Date: 2020-09-14
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; and the Kingsway project located in 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.
Contact Information
1600 - 595 Burrard Street, Vancouver, BC, V7X 1L4, Canada
845-535-1486
newfoundgold.ca
Market Cap
$676.26M
P/E (TTM)
-17.8
61.3
Dividend Yield
--
52W High
$3.28
52W Low
$0.93
52W Range
78%
Rank66Top 89.6%
1.9
F-Score
Modified Piotroski Analysis
Based on 7-year fundamentals
Weak • 1.9 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2018-2024

Financial Dashboard

Q3 2025 Data

Revenue

$0.00+0.00%
4-Quarter Trend

EPS

-$0.04-5.81%
4-Quarter Trend

FCF

-$11.76M+8.58%
4-Quarter Trend

2024 Annual Earnings Highlights

Key Highlights

2024 Annual Report Filed Form 40-F filed for FYE December 31, 2024; 200,457,994 common shares outstanding reported as of period close.
Emerging Growth Status Registrant confirmed as Emerging Growth Company; exempt from SOX 404(b) attestation requirements for internal control over financial reporting.
Financial Statements Included Audited financial statements for 2024 and 2023 filed as Exhibit 99.3, prepared in accordance with International Financial Reporting Standards.

Risk Factors

Exploration Commercial Viability Failure to find commercially viable mineral deposit at properties remains a primary risk factor impacting future operational success.
Capital Raising Uncertainty Additional financing may not be available when required, or the terms of such financing could prove unfavorable for project advancement.
Regulatory and Permitting Risks Operations depend on obtaining and maintaining regulatory approvals, licenses, and permits, which are subject to potential withdrawal or change.

Outlook

Queensway Project Focus Future plans center on exploration and potential development of the Queensway Project, contingent upon securing necessary capital resources.
Capital Needs Anticipated Expectations include the ability to raise further capital necessary to fund planned exploration and development programs moving forward.
Governance Compliance Maintained Board composition meets NYSE American independence standards; compliance with Canadian corporate governance practices remains consistent for foreign issuer.

Peer Comparison

Revenue (TTM)

Mativ Holdings, Inc.MATV
$1.98B
+0.4%
Kronos Worldwide, Inc.KRO
$1.86B
+0.0%
LSB Industries, Inc.LXU
$585.07M
+12.5%

Gross Margin (Latest Quarter)

Idaho Strategic Resources, Inc.IDR
57.8%
+17.7pp
Caledonia Mining Corporation PlcCMCL
51.6%
+10.4pp
Cementos Pacasmayo S.A.A.CPAC
39.0%
+1.2pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
MATV$697.09M-1.6-83.2%54.1%
NFGC$676.26M-17.8-60.3%0.1%
DC$645.74M-22.0-28.2%0.2%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
N/M
Revenue Volatile
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
0%
Cash Flow Needs Attention

Research & Insights

Next earnings:Mar 20, 2026
|
EPS:-$0.01
|
Revenue:-
Reports
All Years

  • Form 40-F - FY 2024

    Period End: Dec 31, 2024|Filed: Mar 21, 2025|
    Revenue: $0.00+0.0%
    |
    EPS: $-0.19+42.2%
    N/A

  • Form 40-F - FY 2023

    Period End: Dec 31, 2023|Filed: Mar 21, 2024|
    Revenue: $0.00+0.0%
    |
    EPS: $-0.33+31.8%
    N/A

  • Form 40-F - FY 2022

    Period End: Dec 31, 2022|Filed: Mar 30, 2023|
    Revenue: $0.00+0.0%
    |
    EPS: $-0.51-78.4%
    N/A

  • Form 40-F/A - FY 2021

    Period End: Dec 31, 2021|Filed: Jun 30, 2022|
    Revenue: $0.00+0.0%
    |
    EPS: $-0.29-23.3%
    N/A

  • Form 40-F - FY 2021

    Period End: Dec 31, 2021|Filed: May 19, 2022|Refer to amended data