New Found Gold Stock Analysis
| NFGC Stock | USD 3.13 0.21 6.29% |
IPO Date 15th of September 2020 | 200 Day MA 1.9778 | 50 Day MA 2.828 | Beta 1.932 |
New Found Gold holds a debt-to-equity ratio of 0.001. The current year's Short Term Debt is expected to grow to about 72.9 K, whereas Net Debt is forecasted to decline to (21 M). With a high degree of financial leverage come high-interest payments, which usually reduce New Found's Earnings Per Share (EPS).
Asset vs Debt
Equity vs Debt
New Found's liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. New Found's cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the Company is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps New Stock's retail investors understand whether an upcoming fall or rise in the market will negatively affect New Found's stakeholders.
For most companies, including New Found, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for New Found Gold, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, New Found's management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Price Book 15.3326 | Book Value 0.3068 | Enterprise Value | Enterprise Value Ebitda (7.26) | Shares Float 165.2 M |
New Found Gold is undervalued with Real Value of 3.95 and Target Price of 5.0. The main objective of New Found stock analysis is to determine its intrinsic value, which is an estimate of what New Found Gold is worth, separate from its market price. There are two main types of New Found's stock analysis: fundamental analysis and technical analysis.
The New Found stock is traded in the USA on NYSE MKT Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and New Found's ongoing operational relationships across important fundamental and technical indicators.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Found Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. New Stock Analysis Notes
About 32.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 0.16. New Found Gold had not issued any dividends in recent years. New Found Gold Corp., a mineral exploration company, engages in the identification, acquisition, and exploration of mineral properties in the Provinces of Newfoundland and Labrador, and Ontario. New Found Gold Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada. New Found is traded on AMEX Exchange in the United States. To find out more about New Found Gold contact PEng MBA at 604 977 3214 or learn more at https://newfoundgold.ca.New Found Gold Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. New Found's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding New Found Gold or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| New Found Gold is way too risky over 90 days horizon | |
| New Found Gold appears to be risky and price may revert if volatility continues | |
| New Found Gold has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (50.27 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| New Found Gold currently holds about 80.73 M in cash with (55.68 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.48. | |
| New Found Gold has a frail financial position based on the latest SEC disclosures | |
| Roughly 32.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Assessing New Found Gold Valuation As Queensway Project Advances With New EPCM Contract - simplywall.st |
New Largest EPS Surprises
Earnings surprises can significantly impact New Found's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-03-21 | 2023-12-31 | -0.09 | -0.1 | -0.01 | 11 | ||
2025-08-07 | 2025-06-30 | -0.02 | -0.0363 | -0.0163 | 81 | ||
2025-05-07 | 2025-03-31 | -0.0289 | -0.0478 | -0.0189 | 65 |
New Found Environmental, Social, and Governance (ESG) Scores
New Found's ESG score is a quantitative measure that evaluates New Found's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of New Found's operations that may have significant financial implications and affect New Found's stock price as well as guide investors towards more socially responsible investments.
New Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.14 B.New Profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.78) | (0.82) | |
| Return On Capital Employed | (0.81) | (0.86) | |
| Return On Assets | (0.78) | (0.82) | |
| Return On Equity | (0.87) | (0.91) |
Management Efficiency
New Found Gold has return on total asset (ROA) of (0.3273) % which means that it has lost $0.3273 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.5088) %, meaning that it created substantial loss on money invested by shareholders. New Found's management efficiency ratios could be used to measure how well New Found manages its routine affairs as well as how well it operates its assets and liabilities. As of January 30, 2026, Return On Tangible Assets is expected to decline to -0.82. In addition to that, Return On Capital Employed is expected to decline to -0.86. At present, New Found's Total Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 53.5 M, whereas Total Assets are forecasted to decline to about 78.9 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.31 | 0.33 | |
| Tangible Book Value Per Share | 0.31 | 0.33 | |
| Enterprise Value Over EBITDA | (9.16) | (9.62) | |
| Price Book Value Ratio | 8.68 | 8.25 | |
| Enterprise Value Multiple | (9.16) | (9.62) | |
| Price Fair Value | 8.68 | 8.25 | |
| Enterprise Value | 432.3 M | 416.9 M |
At New Found Gold, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Technical Drivers
As of the 30th of January, New Found secures the Mean Deviation of 3.47, downside deviation of 4.54, 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 Gold Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. New Found middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for New Found Gold. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
New Found Outstanding Bonds
New Found issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. New Found Gold uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most New bonds can be classified according to their maturity, which is the date when New Found Gold has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
New Found Predictive Daily Indicators
New Found intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of New Found stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 3.13 | |||
| Day Typical Price | 3.13 | |||
| Price Action Indicator | (0.10) | |||
| Period Momentum Indicator | (0.21) | |||
| Relative Strength Index | 55.53 |
New Found Forecast Models
New Found's time-series forecasting models are one of many New Found's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary New Found's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.New Found Bond Ratings
New Found Gold financial ratings play a critical role in determining how much New Found have to pay to access credit markets, i.e., the amount of interest on their issued debt. The threshold between investment-grade and speculative-grade ratings has important market implications for New Found's borrowing costs.| Piotroski F Score | 3 | Frail | View |
| Beneish M Score | (5.16) | Unlikely Manipulator | View |
New Found Gold Debt to Cash Allocation
As New Found Gold follows its natural business cycle, the capital allocation decisions will not magically go away. New Found's decision-makers have to determine if most of the cash flows will be poured back into or reinvested in the business, reserved for other projects beyond operational needs, or paid back to stakeholders and investors.
New Found Gold currently holds 123.1 K in liabilities with Debt to Equity (D/E) ratio of 0.0, which may suggest the company is not taking enough advantage from borrowing. New Found Gold has a current ratio of 12.06, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about New Found's use of debt, we should always consider it together with its cash and equity.New Found Other Current Liab Over Time
New Found Assets Financed by Debt
The debt-to-assets ratio shows the degree to which New Found uses debt to finance its assets. It includes both long-term and short-term borrowings maturing within one year. It also includes both tangible and intangible assets, such as goodwill.New Found Debt Ratio | 0.1 |
New Found Corporate Bonds Issued
Most New bonds can be classified according to their maturity, which is the date when New Found Gold has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
New Net Debt
Net Debt |
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About New Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how New Found prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling New shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as New Found. By using and applying New Stock analysis, traders can create a robust methodology for identifying New entry and exit points for their positions.
| Last Reported | Projected for Next Year |
Current New Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. New analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. New analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
| Target Price | Advice | # of Analysts | |
| 5.0 | Buy | 1 | Odds |
Most New analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand New stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of New Found Gold, talking to its executives and customers, or listening to New conference calls.
New Stock Analysis Indicators
New Found Gold stock analysis indicators help investors evaluate how New Found stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading New Found shares will generate the highest return on investment. By understating and applying New Found stock analysis, traders can identify New Found position entry and exit signals to maximize returns.
| Begin Period Cash Flow | 53.9 M | |
| Common Stock Shares Outstanding | 194 M | |
| Total Stockholder Equity | 66.6 M | |
| Total Cashflows From Investing Activities | -3 M | |
| Quarterly Earnings Growth Y O Y | -0.778 | |
| Property Plant And Equipment Net | 42.6 M | |
| Cash And Short Term Investments | 23.1 M | |
| Cash | 22.3 M | |
| Accounts Payable | 4.8 M | |
| Net Debt | -22.2 M | |
| 50 Day M A | 2.828 | |
| Total Current Liabilities | 7.4 M | |
| Other Operating Expenses | 60.3 M | |
| Non Current Assets Total | 44.3 M | |
| Forward Price Earnings | 11.7509 | |
| Non Currrent Assets Other | 179.7 K | |
| Stock Based Compensation | 889 K |
Complementary Tools for New Stock analysis
When running New Found's price analysis, check to measure New Found's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy New Found is operating at the current time. Most of New Found's value examination focuses on studying past and present price action to predict the probability of New Found's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Found's price. Additionally, you may evaluate how the addition of New Found to your portfolios can decrease your overall portfolio volatility.
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