New Found Gold Net Income
| NFGC Stock | USD 3.13 0.21 6.29% |
As of the 30th of January, New Found secures the Downside Deviation of 4.54, mean deviation of 3.47, and Risk Adjusted Performance of 0.128. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of New Found Gold, as well as the relationship between them.
New Found's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing New Found's valuation are provided below:We have found one hundred twenty available fundamental ratios for New Found, which can be analyzed and compared to other ratios and to its peers in the industry. Investors should ensure to check all of New Found's last-minute performance against the performance from 2010 to 2026 to make sure the company is sustainable down the road. As of January 30, 2026, Market Cap is expected to decline to about 451.6 M. In addition to that, Enterprise Value is expected to decline to about 416.9 M This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools. | Last Reported | Projected for Next Year | ||
| Net Loss | -45.6 M | -43.3 M | |
| Net Loss | -45.2 M | -47.5 M | |
| Net Loss | -45.2 M | -47.5 M | |
| Net Loss | (0.30) | (0.31) | |
| Net Income Per E B T | 1.17 | 1.20 |
New | Net Income | Build AI portfolio with New Stock |
Analyzing New Found's Net Income 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 Net Income has evolved provides context for assessing New Found's current valuation and future prospects.
Latest New Found's Net Income Growth Pattern
Below is the plot of the Net Income of New Found Gold over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in New Found Gold financial statement analysis. It represents the amount of money remaining after all of New Found Gold operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is New Found's Net Loss 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.
| View | Last Reported (50.27 M) | 10 Years Trend |
|
Net Income |
| Timeline |
New Net Income Regression Statistics
| Arithmetic Mean | (24,244,625) | |
| Coefficient Of Variation | (126.18) | |
| Mean Deviation | 26,630,121 | |
| Median | (1,341,133) | |
| Standard Deviation | 30,591,656 | |
| Sample Variance | 935.8T | |
| Range | 88.6M | |
| R-Value | (0.78) | |
| Mean Square Error | 389.3T | |
| R-Squared | 0.61 | |
| Significance | 0.0002 | |
| Slope | (4,731,545) | |
| Total Sum of Squares | 14973.6T |
New Net Income History
Other Fundumenentals of New Found Gold
| Net Income Applicable To Common Shares | ||
| Net Income From Continuing Ops | ||
| Net Income Per Share | ||
| Net Income Per E B T |
New Found Net Income component correlations
New Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for New Found is extremely important. It helps to project a fair market value of New Stock properly, considering its historical fundamentals such as Net Income. Since New Found's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of New Found's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of New Found's interrelated accounts and indicators.
Click cells to compare fundamentals
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.
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.
New Found 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to New Found's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of New Found.
| 11/01/2025 |
| 01/30/2026 |
If you would invest 0.00 in New Found on November 1, 2025 and sell it all today you would earn a total of 0.00 from holding New Found Gold or generate 0.0% return on investment in New Found over 90 days. New Found is related to or competes with Dakota Gold, Osisko Development, Idaho Strategic, Nova Minerals, Caledonia Mining, Algoma Steel, and Rayonier Advanced. New Found Gold Corp., a mineral exploration company, engages in the identification, acquisition, and exploration of mine... More
New Found Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure New Found's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess New Found Gold upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.54 | |||
| Information Ratio | 0.1523 | |||
| Maximum Drawdown | 28.9 | |||
| Value At Risk | (6.92) | |||
| Potential Upside | 7.77 |
New Found Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for New Found's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as New Found's standard deviation. In reality, there are many statistical measures that can use New Found historical prices to predict the future New Found's volatility.| Risk Adjusted Performance | 0.128 | |||
| Jensen Alpha | 0.7705 | |||
| Total Risk Alpha | 0.4602 | |||
| Sortino Ratio | 0.168 | |||
| Treynor Ratio | 0.9555 |
New Found January 30, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.128 | |||
| Market Risk Adjusted Performance | 0.9655 | |||
| Mean Deviation | 3.47 | |||
| Semi Deviation | 3.68 | |||
| Downside Deviation | 4.54 | |||
| Coefficient Of Variation | 607.83 | |||
| Standard Deviation | 5.01 | |||
| Variance | 25.1 | |||
| Information Ratio | 0.1523 | |||
| Jensen Alpha | 0.7705 | |||
| Total Risk Alpha | 0.4602 | |||
| Sortino Ratio | 0.168 | |||
| Treynor Ratio | 0.9555 | |||
| Maximum Drawdown | 28.9 | |||
| Value At Risk | (6.92) | |||
| Potential Upside | 7.77 | |||
| Downside Variance | 20.61 | |||
| Semi Variance | 13.54 | |||
| Expected Short fall | (3.87) | |||
| Skewness | 0.7628 | |||
| Kurtosis | 2.41 |
New Found Gold Backtested Returns
New Found appears to be risky, given 3 months investment horizon. New Found Gold has Sharpe Ratio of 0.16, which conveys that the firm had a 0.16 % return per unit of risk over the last 3 months. By analyzing New Found's technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please exercise New Found's Downside Deviation of 4.54, mean deviation of 3.47, and Risk Adjusted Performance of 0.128 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, New Found holds a performance score of 13. The company secures a Beta (Market Risk) of 0.85, which conveys possible diversification benefits within a given portfolio. New Found returns are very sensitive to returns on the market. As the market goes up or down, New Found is expected to follow. Please check New Found's value at risk, kurtosis, relative strength index, as well as the relationship between the semi variance and day typical price , to make a quick decision on whether New Found's current price movements will revert.
Auto-correlation | 0.52 |
Modest predictability
New Found Gold has modest predictability. Overlapping area represents the amount of predictability between New Found time series from 1st of November 2025 to 16th of December 2025 and 16th of December 2025 to 30th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of New Found Gold price movement. The serial correlation of 0.52 indicates that about 52.0% of current New Found price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
New Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
|
Based on the recorded statements, New Found Gold reported net income of (50.27 Million). This is 317.71% higher than that of the Metals & Mining sector and 63.74% lower than that of the Materials industry. The net income for all United States stocks is 108.8% higher than that of the company.
New Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses New Found's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of New Found could also be used in its relative valuation, which is a method of valuing New Found by comparing valuation metrics of similar companies.New Found is currently under evaluation in net income category among its peers.
New Found Current Valuation Drivers
We derive many important indicators used in calculating different scores of New Found from analyzing New Found's financial statements. These drivers represent accounts that assess New Found's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of New Found's important valuation drivers and their relationship over time.
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 (projected) | ||
| Market Cap | 458.5M | 1.4B | 909.4M | 502.5M | 452.3M | 451.6M | |
| Enterprise Value | 410.8M | 1.3B | 827.4M | 480.3M | 432.3M | 416.9M |
New Found ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, New Found's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to New Found's managers, analysts, and investors.Environmental | Governance | Social |
New Fundamentals
| Return On Equity | -0.51 | |||
| Return On Asset | -0.33 | |||
| Current Valuation | 1.08 B | |||
| Shares Outstanding | 342.2 M | |||
| Shares Owned By Insiders | 32.41 % | |||
| Shares Owned By Institutions | 9.26 % | |||
| Number Of Shares Shorted | 3.62 M | |||
| Price To Book | 15.33 X | |||
| EBITDA | (59.19 M) | |||
| Net Income | (50.27 M) | |||
| Cash And Equivalents | 80.73 M | |||
| Cash Per Share | 0.48 X | |||
| Total Debt | 123.1 K | |||
| Debt To Equity | 0 % | |||
| Current Ratio | 12.31 X | |||
| Book Value Per Share | 0.31 X | |||
| Cash Flow From Operations | (55.68 M) | |||
| Short Ratio | 2.13 X | |||
| Earnings Per Share | (0.16) X | |||
| Target Price | 5.0 | |||
| Number Of Employees | 62 | |||
| Beta | 1.93 | |||
| Market Capitalization | 1.14 B | |||
| Total Asset | 74.02 M | |||
| Retained Earnings | (309.76 M) | |||
| Working Capital | 22.37 M | |||
| Net Asset | 74.02 M |
About New Found Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze New Found Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New Found using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New Found Gold based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
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.| VTI | Vanguard Total Stock | |
| RIOT | Riot Blockchain | |
| TSLA | Tesla Inc |
Check out You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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.
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.