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Upturn AI SWOT - About
New Found Gold Corp (NFGC)
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Upturn Advisory Summary
07/03/2025: NFGC (1-star) is a SELL. SELL since 5 days. Profits (-7.84%). Updated daily EoD!
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
1 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $5
1 Year Target Price $5
| 0 | Strong Buy |
| 1 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -48.27% | Avg. Invested days 23 | Today’s Advisory SELL |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 07/03/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 330.82M USD | Price to earnings Ratio - | 1Y Target Price 5 |
Price to earnings Ratio - | 1Y Target Price 5 | ||
Volume (30-day avg) 1 | Beta 0.72 | 52 Weeks Range 0.93 - 3.65 | Updated Date 07/4/2025 |
52 Weeks Range 0.93 - 3.65 | Updated Date 07/4/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.17 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) -46.76% | Return on Equity (TTM) -75.38% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 320211982 | Price to Sales(TTM) - |
Enterprise Value 320211982 | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA -7.26 | Shares Outstanding 229738000 | Shares Floating 123845599 |
Shares Outstanding 229738000 | Shares Floating 123845599 | ||
Percent Insiders 40.44 | Percent Institutions 5.38 |
Upturn AI SWOT
New Found Gold Corp
Company Overview
History and Background
New Found Gold Corp. is a Canadian gold exploration company focused on its Queensway Project in Newfoundland. Founded in 2016, it has rapidly advanced its exploration efforts, making significant high-grade gold discoveries.
Core Business Areas
- Gold Exploration: New Found Gold's primary business is gold exploration. This includes drilling, geological surveying, and resource estimation activities focused on discovering and defining economically viable gold deposits.
Leadership and Structure
Collin Kettell serves as the Founder & Executive Chairman. Craig Roberts is the CEO. The company has a board of directors and a management team focused on exploration and corporate development.
Top Products and Market Share
Key Offerings
- Gold Exploration Results: New Found Gold's 'product' is its gold exploration results, specifically the discovery and delineation of high-grade gold mineralization at its Queensway Project. While not directly generating revenue yet, these results drive its market capitalization and investor interest. Competitors include other exploration companies seeking similar high-grade deposits in favorable jurisdictions. It is not possible to accurately determine market share as an exploration company.
Market Dynamics
Industry Overview
The gold exploration industry is highly competitive and cyclical, driven by gold prices, investor sentiment, and geological potential. It involves high risk and high reward, with many exploration projects failing to reach the production stage.
Positioning
New Found Gold is positioned as a high-grade gold exploration company with a potentially world-class discovery at its Queensway Project. Its competitive advantage lies in the high grades and significant scale of mineralization encountered to date.
Total Addressable Market (TAM)
The TAM for gold exploration is vast, encompassing the global demand for gold. New Found Gold is positioned to capture a portion of this TAM by discovering and developing an economically viable gold mine. It's hard to put a number on this given that no mining activity has commenced. The key positioning would be the high grade exploration results.
Upturn SWOT Analysis
Strengths
- High-grade gold discoveries
- Large land position in a favorable jurisdiction
- Experienced management team
- Strong financial backing
Weaknesses
- Reliance on exploration success
- No current revenue generation
- Dilution risk from future financing
- Geological uncertainty
Opportunities
- Expansion of known gold mineralization
- New discoveries on its land package
- Advancement of Queensway Project towards production
- Strategic partnerships or acquisitions
Threats
- Decline in gold prices
- Exploration failure
- Increased competition
- Environmental regulations
Competitors and Market Share
Key Competitors
- LAB.TO
- NVO.V
- GOAU
- GDX
Competitive Landscape
New Found Gold competes with other gold exploration companies for capital and investor attention. Its high-grade discoveries provide a competitive advantage, but the company faces risks associated with exploration failure and market volatility. These are ETF's to show which gold exploration companies it's being measured against.
Growth Trajectory and Initiatives
Historical Growth: Growth has been centered around the increase in share price. Since 2016 the company has gone from private to public. The share price has dramatically risen on exploration results.
Future Projections: Future growth depends on continued exploration success, resource definition, and the potential for mine development. Analyst estimates vary widely depending on exploration outcomes. No analysts cover the company in a meaningful way currently.
Recent Initiatives: Recent initiatives include ongoing drilling programs, resource estimation efforts, and feasibility studies.
Summary
New Found Gold Corp. is a promising gold exploration company with the Queensway Project. Its primary strength lies in its high-grade gold discoveries, and experienced management team. The company is pre-revenue and relies on exploration success. It needs to be aware of gold prices and potential dilution.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Website
- SEDAR
- TSX Venture Exchange
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. It is based on publicly available information and may be subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About New Found Gold Corp
Exchange NYSE MKT | Headquaters Vancouver, BC, Canada | ||
IPO Launch date 2020-09-15 | CEO - | ||
Sector Basic Materials | Industry Gold | Full time employees 62 | Website https://newfoundgold.ca |
Full time employees 62 | Website https://newfoundgold.ca | ||
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, Canada. The company primarily explores for gold deposit. It holds 100% interests in the Queensway project that includes 103 mineral licenses and 7,024 claims covering an area of 175,600 hectares located near Gander, Newfoundland; the Kingsway project located in Gander, Newfoundland; and the Mustang Property consisting of 3 mineral licenses. 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.
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