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New Found Gold Corp (NFGC)

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Upturn Advisory Summary
12/19/2025: NFGC (1-star) has a low Upturn Star Rating. Not recommended to BUY.
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 -43.05% | Avg. Invested days 23 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 947.90M USD | Price to earnings Ratio - | 1Y Target Price 5 |
Price to earnings Ratio - | 1Y Target Price 5 | ||
Volume (30-day avg) 1 | Beta 1.93 | 52 Weeks Range 0.93 - 3.27 | Updated Date 12/20/2025 |
52 Weeks Range 0.93 - 3.27 | Updated Date 12/20/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.16 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) -32.73% | Return on Equity (TTM) -50.88% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 926492695 | Price to Sales(TTM) - |
Enterprise Value 926492695 | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA -7.26 | Shares Outstanding 342202494 | Shares Floating 174238527 |
Shares Outstanding 342202494 | Shares Floating 174238527 | ||
Percent Insiders 32.83 | Percent Institutions 7.45 |
Upturn AI SWOT
New Found Gold Corp
Company Overview
History and Background
New Found Gold Corp. (NFGC) is a junior exploration company focused on gold deposits in Newfoundland and Labrador, Canada. It was incorporated in 2016. A significant milestone was the discovery of high-grade gold mineralization at its Queensway Project, which has been the primary focus of its exploration efforts.
Core Business Areas
- Gold Exploration: New Found Gold's core business is the exploration and discovery of gold deposits, primarily at its flagship Queensway Project. This involves geological mapping, drilling, and assaying to identify and delineate gold mineralization.
Leadership and Structure
New Found Gold Corp. is led by a management team with extensive experience in mineral exploration and mining. The company operates with a lean operational structure focused on its exploration activities in Newfoundland and Labrador.
Top Products and Market Share
Key Offerings
- Gold Deposits: New Found Gold's primary 'offering' is its portfolio of gold exploration projects, with the Queensway Project being the most significant. The company aims to discover and delineate economically viable gold deposits. Market share is not applicable in the traditional sense as it is an exploration company, not a producer or seller of gold at this stage. Its value is derived from the potential of its discoveries. Competitors are other junior exploration companies in the gold sector.
Market Dynamics
Industry Overview
The gold exploration industry is characterized by high risk and high reward. Junior exploration companies operate in a volatile market influenced by gold prices, exploration success, and access to capital. The industry is highly competitive, with many companies vying for promising exploration ground and investor funding.
Positioning
New Found Gold is positioned as a high-potential, early-stage gold exploration company. Its competitive advantage lies in its promising Queensway Project in Newfoundland, an under-explored but geologically prospective region, and its successful discovery of high-grade gold mineralization, which has attracted significant attention.
Total Addressable Market (TAM)
The Total Addressable Market (TAM) for gold exploration is vast and directly tied to the global demand for gold and the discovery of new economically viable deposits. New Found Gold is positioned to capture a portion of this TAM by discovering and developing significant gold resources within its prospective land packages.
Upturn SWOT Analysis
Strengths
- Successful discovery of high-grade gold mineralization at Queensway Project.
- Geologically prospective land package in Newfoundland and Labrador.
- Experienced exploration and management team.
- Strong investor interest and access to capital for exploration.
Weaknesses
- Early-stage exploration company with no current production.
- Reliance on continued exploration success for value creation.
- Potential for dilution through future financing rounds.
- Vulnerability to fluctuations in gold prices.
Opportunities
- Expansion of the Queensway Project's known mineralization.
- Discovery of additional high-grade zones.
- Potential for strategic partnerships or acquisition by larger mining companies.
- Favorable gold market conditions driving exploration investment.
Threats
- Failure to discover economically viable gold deposits.
- Rising exploration costs.
- Competition for prime exploration land.
- Changes in regulatory environments or government policies.
- Deterioration of gold prices.
Competitors and Market Share
Key Competitors
- Marathon Gold Corporation (MRO.TO)
- Sprott Physical Gold Trust (PHYS)
Competitive Landscape
New Found Gold competes with other junior gold exploration companies for land, capital, and investor attention. Its advantage lies in its promising discoveries, while a disadvantage could be its smaller market presence compared to more established producers or development-stage companies. The gold market is highly competitive, with success often dependent on a company's ability to discover and delineate significant mineral resources.
Growth Trajectory and Initiatives
Historical Growth: New Found Gold's historical growth has been marked by its significant exploration progress and the discovery of high-grade gold zones at the Queensway Project, leading to increased market capitalization and investor interest.
Future Projections: Future projections are contingent on continued exploration success. Analyst estimates would focus on the potential size and grade of discovered resources and the company's ability to advance these projects towards economic feasibility. Actual production and revenue projections are speculative at this stage.
Recent Initiatives: Recent initiatives would include ongoing drilling programs, assay results releases, community engagement, and potentially strategic discussions with potential partners or acquirers.
Summary
New Found Gold Corp. is a high-potential junior exploration company with a strong focus on its Queensway Project. Its primary strength lies in the discovery of high-grade gold mineralization. However, it faces risks inherent to exploration, including the dependency on future discoveries and market volatility. The company needs to continue demonstrating exploration success and manage its finances prudently to maintain investor confidence and advance its projects.
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Sources and Disclaimers
Data Sources:
- Company Investor Relations
- Financial News Outlets
- Industry Analysis Reports
- Stock Market Data Providers
Disclaimers:
This JSON output is for informational purposes only and does not constitute financial advice. Investment decisions should be made in consultation with a qualified financial advisor. Data may be subject to change and inaccuracies.
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 & Director Mr. Keith Boyle M.B.A., P.Eng. | ||
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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