NYSE:NFGC

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

$3.59
-0.05 (-1.37%)
(As of 05/8/2024 ET)
Today's Range
$3.55
$3.64
50-Day Range
$3.05
$3.96
52-Week Range
$3.02
$5.27
Volume
146,701 shs
Average Volume
293,680 shs
Market Capitalization
$685.01 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.00

New Found Gold MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
150.7% Upside
$9.00 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.38mentions of New Found Gold in the last 14 days
Based on 2 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.

1.26 out of 5 stars

Basic Materials Sector

148th out of 173 stocks

Gold & Silver Ores Industry

29th out of 37 stocks

NFGC stock logo

About New Found Gold Stock (NYSE:NFGC)

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. 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

The Weight Loss Pill That Could Disrupt a $32 Billion Industry
A revolutionary new weight loss pill is about to send shockwaves through the plus-size clothing market. Analysts are calling it the "King Kong" of diet drugs after amazing clinical trial results.
New Found Gold to Acquire Labrador Gold’s Kingsway Project
The Weight Loss Pill That Could Disrupt a $32 Billion Industry
A revolutionary new weight loss pill is about to send shockwaves through the plus-size clothing market. Analysts are calling it the "King Kong" of diet drugs after amazing clinical trial results.
New Found Files 2023 Year-End Disclosure Documents
NFGC Jul 2024 7.500 call
NFGC Oct 2024 5.000 put
See More Headlines
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Company Calendar

Last Earnings
3/21/2024
Today
5/08/2024
Next Earnings (Estimated)
5/15/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Gold & silver ores
Sub-Industry
N/A
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
+152.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-59,180,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$0.26 per share

Miscellaneous

Free Float
N/A
Market Cap
$681.19 million
Optionable
Optionable
Beta
1.21
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Key Executives

  • Mr. Collin  KettellMr. Collin Kettell (Age 33)
    Founder, Executive Chairman & CEO
    Comp: $391.92k
  • Mr. Denis Roland Laviolette B.Sc (Age 39)
    B.Sc., Founder, President & Director
    Comp: $274.35k
  • Mr. Michael Kanevsky C.A. (Age 42)
    CPA, Chief Financial Officer
    Comp: $117.58k
  • Mr. Greg Matheson B.Sc. (Age 38)
    P. Geo, P.Geo., Chief Operating Officer
    Comp: $254.75k
  • Mr. Ronald Hampton
    Chief Development Officer
  • Ms. Melissa Render P.Geo.
    Vice President of Exploration
  • Ms. Janet Francis (Age 55)
    Corporate Secretary

NFGC Stock Analysis - Frequently Asked Questions

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

2 Wall Street equities research 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 equities research 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 expect the company's share price to reach $9.00 in the next year. This suggests a possible upside of 150.7% 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 2.6% and is now trading at $3.59.
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) issued its quarterly earnings data on Thursday, March, 21st. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of ($0.07) by $0.01.

Who are New Found Gold's major shareholders?

New Found Gold's stock is owned by a variety of retail and institutional investors. Top institutional investors include Van ECK Associates Corp (2.56%).

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 5/8/2024 by MarketBeat.com Staff

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