New Common Stock from 2010 to 2026

NFGC Stock  USD 2.62  0.28  9.66%   
New Found's Common Stock is increasing over the years with slightly volatile fluctuation. Overall, Common Stock is expected to go to about 412.2 M this year. During the period from 2010 to 2026 New Found Common Stock annual values regression line had geometric mean of  19,330,460 and mean square error of 5876.2 T. View All Fundamentals
 
Common Stock  
First Reported
2019-03-31
Previous Quarter
385.4 M
Current Value
407.8 M
Quarterly Volatility
129.4 M
 
Covid
 
Interest Hikes
Check New Found financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New Found's main balance sheet or income statement drivers, such as Interest Expense of 30.3 K, Depreciation And Amortization of 542.6 K or Other Operating Expenses of 55.6 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 8.25. New financial statements analysis is a perfect complement when working with New Found Valuation or Volatility modules.
  
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Check out the analysis of New Found Correlation against competitors.
Analyzing New Found's Common Stock over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Common Stock has evolved provides context for assessing New Found's current valuation and future prospects.

Latest New Found's Common Stock Growth Pattern

Below is the plot of the Common Stock of New Found Gold over the last few years. It is New Found's Common Stock historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in New Found's overall financial position and show how it may be relating to other accounts over time.
Common Stock10 Years Trend
Slightly volatile
   Common Stock   
       Timeline  

New Common Stock Regression Statistics

Arithmetic Mean115,977,827
Geometric Mean19,330,460
Coefficient Of Variation134.57
Mean Deviation135,514,843
Median2,845,700
Standard Deviation156,071,287
Sample Variance24358.2T
Range409.3M
R-Value0.88
Mean Square Error5876.2T
R-Squared0.77
Slope27,188,004
Total Sum of Squares389731.9T

New Common Stock History

2026412.2 M
2025392.5 M
2024341.3 M
2023290.2 M
2022229.6 M
2021181.8 M
202087.7 M

Other Fundumenentals of New Found Gold

New Found Common Stock component correlations

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-0.92-0.9-0.97-0.49-0.98-0.94-0.72-0.720.45-0.04-0.62-0.72-0.96-0.280.97-0.66
0.73-0.90.90.180.880.760.430.44-0.1-0.220.310.450.81-0.05-0.790.54
0.91-0.970.90.470.990.930.70.71-0.390.030.570.720.920.24-0.920.58
0.78-0.490.180.470.580.720.950.94-0.980.830.880.940.580.96-0.590.5
0.96-0.980.880.990.580.970.780.78-0.50.140.650.790.950.35-0.950.64
0.98-0.940.760.930.720.970.880.86-0.670.280.820.870.940.52-0.960.68
0.92-0.720.430.70.950.780.880.99-0.920.690.880.990.80.86-0.780.55
0.92-0.720.440.710.940.780.860.99-0.90.710.831.00.80.85-0.750.5
-0.720.45-0.1-0.39-0.98-0.5-0.67-0.92-0.9-0.81-0.9-0.89-0.56-0.960.58-0.52
0.4-0.04-0.220.030.830.140.280.690.71-0.810.510.70.190.94-0.090.01
0.79-0.620.310.570.880.650.820.880.83-0.90.510.830.670.76-0.770.73
0.93-0.720.450.720.940.790.870.991.0-0.890.70.830.790.85-0.750.5
0.93-0.960.810.920.580.950.940.80.8-0.560.190.670.790.41-0.940.6
0.6-0.28-0.050.240.960.350.520.860.85-0.960.940.760.850.41-0.370.29
-0.930.97-0.79-0.92-0.59-0.95-0.96-0.78-0.750.58-0.09-0.77-0.75-0.94-0.37-0.77
0.66-0.660.540.580.50.640.680.550.5-0.520.010.730.50.60.29-0.77
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About New Found Financial Statements

New Found stakeholders use historical fundamental indicators, such as New Found's Common Stock, to determine how well the company is positioned to perform in the future. Although New Found investors may analyze each financial statement separately, they are all interrelated. For example, changes in New Found's assets and liabilities are reflected in the revenues and expenses on New Found's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in New Found Gold. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Common Stock392.5 M412.2 M
Common Stock Shares Outstanding223.1 M140.8 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether New Found Gold offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of New Found's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of New Found Gold Stock. Outlined below are crucial reports that will aid in making a well-informed decision on New Found Gold Stock:
Check out the analysis of New Found Correlation against competitors.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Will Diversified Metals & Mining sector continue expanding? Could New diversify its offerings? Factors like these will boost the valuation of New Found. Anticipated expansion of New directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every New Found data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
(0.78)
Earnings Share
(0.16)
Return On Assets
(0.33)
Return On Equity
(0.51)
Investors evaluate New Found Gold using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating New Found's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause New Found's market price to deviate significantly from intrinsic value.
It's important to distinguish between New Found's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding New Found should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, New Found's market price signifies the transaction level at which participants voluntarily complete trades.