New Found Gold Corp. Logo

New Found Gold Corp.

NFGC

(0.5)
Stock Price

1,86 USD

-86.99% ROA

-112.52% ROE

-9.06x PER

Market Cap.

650.243.090,02 USD

0.15% DER

0% Yield

0% NPM

New Found Gold Corp. Stock Analysis

New Found Gold Corp. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

New Found Gold Corp. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (0%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 ROE

The stock's ROE indicates a negative return (-112.43%) on shareholders' equity, suggesting poor financial performance.

3 ROA

The stock's ROA (-105.31%) indicates that it's not effectively utilizing its assets to generate profits, making it a less favorable option to invest and earn consistent returns.

4 PBV

The stock's elevated P/BV ratio (14.93x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

5 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

6 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

7 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

8 Graham Number

The company's Graham number suggests that its stock price is overestimated, implying that it may not be a promising investment opportunity.

9 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

10 Dividend

No dividends from the company in the past three years raises doubts about its profitability for shareholders.

11 Buffet Intrinsic Value

The company's stock presents a potential concern as it appears overvalued (0) by Warren Buffett's formula, indicating that its market price exceeds its estimated intrinsic value.

New Found Gold Corp. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

New Found Gold Corp. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

New Found Gold Corp. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

New Found Gold Corp. Revenue
Year Revenue Growth
2017 0
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

New Found Gold Corp. Research and Development Expenses
Year Research and Development Expenses Growth
2017 0
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 669.652 100%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

New Found Gold Corp. General and Administrative Expenses
Year General and Administrative Expenses Growth
2017 131.670
2018 160.179 17.8%
2019 3.255.378 95.08%
2020 30.109.892 89.19%
2021 13.807.825 -118.06%
2022 16.415.951 15.89%
2023 4.664.008 -251.97%
2023 3.725.142 -25.2%
2024 5.755.748 35.28%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

New Found Gold Corp. EBITDA
Year EBITDA Growth
2017 1.861.096
2018 -2.655.750 170.08%
2019 -3.912.917 32.13%
2020 -36.383.261 89.25%
2021 -49.338.838 26.26%
2022 -69.448.345 28.96%
2023 -77.431.732 10.31%
2023 -102.037.000 24.11%
2024 -48.127.800 -112.01%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

New Found Gold Corp. Gross Profit
Year Gross Profit Growth
2017 0
2018 -4.308 100%
2019 -12.492 65.51%
2020 -129.957 90.39%
2021 -582.930 77.71%
2022 -880.396 33.79%
2023 -953.900 7.71%
2023 -940.208 -1.46%
2024 -818.648 -14.85%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

New Found Gold Corp. Net Profit
Year Net Profit Growth
2017 -408.158
2018 -1.341.133 69.57%
2019 -4.020.032 66.64%
2020 -34.310.171 88.28%
2021 -57.265.298 40.09%
2022 -109.634.589 47.77%
2023 -63.746.428 -71.99%
2023 -79.890.763 20.21%
2024 -48.379.528 -65.13%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

New Found Gold Corp. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2017 0
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 -1 0%
2023 0 0%
2023 0 0%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

New Found Gold Corp. Free Cashflow
Year Free Cashflow Growth
2017 -2.682
2018 -2.210.010 99.88%
2019 -2.956.827 25.26%
2020 -14.764.979 79.97%
2021 -53.935.084 72.62%
2022 -79.941.504 32.53%
2023 -101.064.248 20.9%
2023 -24.215.627 -317.35%
2024 -11.598.209 -108.79%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

New Found Gold Corp. Operating Cashflow
Year Operating Cashflow Growth
2017 -1.992
2018 -1.901.406 99.9%
2019 -2.649.457 28.23%
2020 -13.218.539 79.96%
2021 -48.512.082 72.75%
2022 -74.380.497 34.78%
2023 -99.274.312 25.08%
2023 -23.904.352 -315.3%
2024 -11.423.972 -109.25%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

New Found Gold Corp. Capital Expenditure
Year Capital Expenditure Growth
2017 689
2018 308.604 99.78%
2019 307.370 -0.4%
2020 1.546.440 80.12%
2021 5.423.002 71.48%
2022 5.561.007 2.48%
2023 1.789.936 -210.68%
2023 311.275 -475.03%
2024 174.237 -78.65%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

New Found Gold Corp. Equity
Year Equity Growth
2017 2.657.567
2018 955.191 -178.22%
2019 8.962.187 89.34%
2020 72.901.845 87.71%
2021 122.654.601 40.56%
2022 83.473.900 -46.94%
2023 58.053.036 -43.79%
2023 65.503.020 11.37%
2024 68.091.955 3.8%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

New Found Gold Corp. Assets
Year Assets Growth
2017 3.008.057
2018 1.783.497 -68.66%
2019 9.355.036 80.94%
2020 73.536.928 87.28%
2021 148.057.847 50.33%
2022 110.687.512 -33.76%
2023 72.477.286 -52.72%
2023 84.579.493 14.31%
2024 79.522.204 -6.36%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

New Found Gold Corp. Liabilities
Year Liabilities Growth
2017 350.490
2018 828.306 57.69%
2019 392.849 -110.85%
2020 635.083 38.14%
2021 25.403.246 97.5%
2022 27.213.612 6.65%
2023 14.424.250 -88.67%
2023 19.076.473 24.39%
2024 11.430.249 -66.89%

New Found Gold Corp. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0
Net Income per Share
-0.36
Price to Earning Ratio
-9.06x
Price To Sales Ratio
0x
POCF Ratio
-8.18
PFCF Ratio
-8.36
Price to Book Ratio
9.21
EV to Sales
0
EV Over EBITDA
-8.28
EV to Operating CashFlow
-7.81
EV to FreeCashFlow
-7.69
Earnings Yield
-0.11
FreeCashFlow Yield
-0.12
Market Cap
0,65 Bil.
Enterprise Value
0,60 Bil.
Graham Number
1.7
Graham NetNet
0.23

Income Statement Metrics

Net Income per Share
-0.36
Income Quality
1.11
ROE
-1.13
Return On Assets
-0.87
Return On Capital Employed
-1.18
Net Income per EBT
1.04
EBT Per Ebit
0.83
Ebit per Revenue
0
Effective Tax Rate
-0.12

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0
Operating Profit Margin
0
Pretax Profit Margin
0
Net Profit Margin
0

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-0.4
Free CashFlow per Share
-0.41
Capex to Operating CashFlow
-0.01
Capex to Revenue
0
Capex to Depreciation
1.3
Return on Invested Capital
-1.33
Return on Tangible Assets
-0.87
Days Sales Outstanding
0
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0
Inventory Turnover
0
Capex per Share
0.01

Balance Sheet

Cash per Share
0,29
Book Value per Share
0,36
Tangible Book Value per Share
0.36
Shareholders Equity per Share
0.36
Interest Debt per Share
0
Debt to Equity
0
Debt to Assets
0
Net Debt to EBITDA
0.72
Current Ratio
5.07
Tangible Asset Value
0,07 Bil.
Net Current Asset Value
0,05 Bil.
Invested Capital
53920952
Working Capital
0,05 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
0
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

New Found Gold Corp. Dividends
Year Dividends Growth

New Found Gold Corp. Profile

About New Found Gold Corp.

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. The company primarily explores for gold deposit. It holds 100% interests in the Queensway project that includes 86 mineral licenses and 6,041 claims covering an area of 151,030 hectares of land located near Gander, Newfoundland; and the Lucky Strike project comprising 11,684 hectares located in Kirkland Lake, Ontario. 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.

CEO
Mr. Collin Kettell
Employee
98
Address
800 West Pender Street
Vancouver, V6C 2V6

New Found Gold Corp. Executives & BODs

New Found Gold Corp. Executives & BODs
# Name Age
1 Ms. Janet Francis
Corporate Secretary
70
2 Mr. Ronald Hampton
Chief Development Officer
70
3 Mr. Denis Roland Laviolette B.Sc, B.Sc.
Founder, President & Director
70
4 Mr. Collin Kettell
Founder, Executive Chairman & Chief Executive Officer
70
5 Mr. Michael Kanevsky C.A., CPA
Chief Financial Officer
70
6 Mr. Greg Matheson B.Sc., P. Geo, P.Geo.
Chief Operating Officer
70
7 Ms. Melissa Render P.Geo.
Vice President of Exploration
70

New Found Gold Corp. Competitors