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NFGC

New Found Gold Corp.

Price Chart

No historical data available

Latest Quote

$1.39

+0.02 (+1.37%)
Current Price
Previous Close $1.37
Open $1.36
Day High $1.41
Day Low $1.34
Volume 835,093
Fetched: 2026-07-17T19:01:04
Stock Information
Note: Financial values converted from CAD to USD
Shares Outstanding 384.08M
Total Debt $1.20M
Cash Equivalents $31.00M
Revenue $11.20M
Net Income $-41.21M
Sector Basic Materials
Industry Gold
Market Cap $533.41M
EPS (TTM) $-0.17
Exchange ASE
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Recent Price History
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About New Found Gold Corp.

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 7,018 claims covering an area of 175,600 hectares located near Gander, Newfoundland; and the Kingsway project located in Gander, Newfoundland. 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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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $4,052,948 $0 $669,855 $627,241
Cost Of Revenue $4,052,948 $0 $669,855 $627,241
Total Revenue $4,137,199 $0 $0 $0
Operating Revenue $4,137,199 $0 $0 $0
Expenses
Interest Expense $80,199 $17,886 $19,321 $11,391
Total Expenses $46,317,100 $42,973,016 $74,132,012 $63,206,679
Other Income Expense $7,075,335 $5,132,710 $15,244,228 $-1,764,788
Other Non Operating Income Expenses $5,251,726 $7,204,706 $16,338,364 $12,229,870
Net Non Operating Interest Income Expense $930,163 $2,026,431 $1,969,314 $858,002
Interest Expense Non Operating $80,199 $17,886 $19,321 $11,391
Operating Expense $42,264,151 $42,973,016 $73,462,157 $62,579,437
Other Operating Expenses $29,481,624 $37,448,946 $68,174,892 $52,488,653
General And Administrative Expense $12,782,527 $5,524,070 $3,962,990 $9,270,183
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $-33,893,289 $-35,813,875 $-56,918,470 $-64,113,466
Net Interest Income $930,163 $2,026,431 $1,969,314 $858,002
Interest Income $1,010,363 $2,044,317 $1,988,635 $869,392
Normalized Income $-31,217,069 $-35,813,875 $-56,391,443 $-50,118,807
Net Income From Continuing And Discontinued Operation $-33,893,289 $-35,813,875 $-56,918,470 $-64,113,466
Total Operating Income As Reported $-45,590,940 $-42,973,016 $-73,715,853 $-63,206,679
Net Income Common Stockholders $-33,893,289 $-35,813,875 $-56,918,470 $-64,113,466
Net Income $-33,893,289 $-35,813,875 $-56,918,470 $-64,113,466
Net Income Including Noncontrolling Interests $-33,893,289 $-35,813,875 $-56,918,470 $-64,113,466
Net Income Continuous Operations $-33,893,289 $-35,813,875 $-56,918,470 $-64,113,466
Pretax Income $-34,174,402 $-35,813,875 $-56,918,470 $-64,113,466
Special Income Charges $-2,698,417 $0 $2,282,538 $10,108
Earnings From Equity Interest $4,522,026 $-2,071,996 $-567,110 $0
Interest Income Non Operating $1,010,363 $2,044,317 $1,988,635 $869,392
Operating Income $-42,179,900 $-42,973,016 $-74,132,012 $-63,206,679
Gross Profit $84,251 $0 $-669,855 $-627,241
Per Share
Diluted EPS $-0.14 $-0.19 $-0.32 $-0.38
Basic EPS $-0.14 $-0.19 $-0.32 $-0.38
Other
Tax Effect Of Unusual Items $-22,197 $0 $0 $0
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $-30,805,960 $-35,216,298 $-55,702,267 $-49,480,174
Total Unusual Items $-2,698,417 $0 $-527,027 $-13,994,659
Total Unusual Items Excluding Goodwill $-2,698,417 $0 $-527,027 $-13,994,659
Reconciled Depreciation $589,825 $579,691 $669,855 $627,241
EBITDA (Bullshit earnings) $-33,504,377 $-35,216,298 $-56,229,294 $-63,474,833
EBIT $-34,094,203 $-35,795,989 $-56,899,149 $-64,102,075
Diluted Average Shares $167,167,539 $138,239,204 $127,075,453 $118,878,696
Basic Average Shares $167,167,539 $138,239,204 $127,075,453 $118,878,696
Diluted NI Availto Com Stockholders $-33,893,289 $-35,813,875 $-56,918,470 $-64,113,466
Tax Provision $-281,113 $0 - -
Write Off $-712,623 $0 $712,623 $0
Restructuring And Mergern Acquisition $3,411,040 $0 - -
Selling General And Administration $12,782,527 $5,524,070 $3,962,990 $9,270,183
Other Gand A $8,304,883 $4,890,666 $1,177,196 $1,160,614
Salaries And Wages $4,477,644 $633,403 $2,785,794 $8,109,568
Gain On Sale Of Ppe - $0 $3,000,860 $8,664
Other Special Charges - $1,246,865 - $-1,444
Impairment Of Capital Assets - $0 $5,700 $0
Gain On Sale Of Security - $-860,421 $-2,809,565 $-14,004,767
Other Taxes - $661,705 $416,158 $0
Research And Development - $506,915 $908,116 $820,602
Fetched: 2026-07-17
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $212,327,559 $47,428,545 $46,667,869 $59,471,289
Total Assets $381,967,553 $52,735,118 $60,258,973 $78,859,727
Total Non Current Assets $321,957,241 $31,538,616 $15,819,298 $11,652,025
Other Non Current Assets $1,864,296 $128,030 - -
Goodwill And Other Intangible Assets $86,259,831 $0 - -
Current Assets $60,010,311 $21,196,502 $44,439,674 $67,207,703
Hedging Assets Current $0 $104,731 $134,298 $19,142
Prepaid Assets $2,389,194 $1,054,674 $1,082,329 $1,030,002
Inventory $6,281,895 $0 - -
Receivables $3,081,699 $3,581,862 $2,404,508 $2,240,160
Other Receivables $1,705 - - -
Taxes Receivable $3,079,994 $1,574,486 $2,350,845 $2,240,160
Notes Receivable $0 $2,007,377 $0 -
Cash Cash Equivalents And Short Term Investments $48,257,523 $16,455,235 $40,818,539 $63,864,036
Cash And Cash Equivalents $41,919,849 $15,900,220 $38,390,432 $58,538,953
Non Current Note Receivables - $0 $1,748,575 $0
Accrued Interest Receivable - $0 $53,663 $0
Cash Financial - $15,900,220 $38,390,432 $58,538,953
Other Current Assets - - - $54,362
Accounts Receivable - - - -
Debt
Total Debt $813,156 $87,704 $112,423 $107,030
Long Term Debt And Capital Lease Obligation $601,006 $49,387 $49,045 $49,045
Long Term Debt $358,661 - - -
Current Debt And Capital Lease Obligation $212,150 $38,317 $63,378 $57,985
Current Debt $71,443 - - -
Other Current Borrowings $71,443 - - -
Liabilities
Total Liabilities Net Minority Interest $83,380,163 $5,306,573 $13,591,104 $19,388,439
Total Non Current Liabilities Net Minority Interest $67,940,255 $49,387 $49,045 $49,045
Other Non Current Liabilities $7,744,420 - - -
Non Current Deferred Liabilities $59,594,828 $0 - -
Non Current Deferred Taxes Liabilities $59,594,828 $0 - -
Current Liabilities $15,439,908 $5,257,186 $13,542,059 $19,339,394
Other Current Liabilities $6,182,031 $1,728,682 $8,853,179 $14,294,208
Payables And Accrued Expenses $8,791,340 $3,490,187 $3,709,977 $3,981,720
Payables $6,189,863 $2,236,175 - -
Accounts Payable $6,187,021 $2,196,249 - -
Equity
Common Stock Equity $298,587,390 $47,428,545 $46,667,869 $59,471,289
Total Equity Gross Minority Interest $298,587,390 $47,428,545 $46,667,869 $59,471,289
Stockholders Equity $298,587,390 $47,428,545 $46,667,869 $59,471,289
Other Equity Interest $21,622,744 - $24,761,378 $23,829,589
Gains Losses Not Affecting Retained Earnings $30,507,628 $24,927,630 $24,761,378 $23,829,589
Retained Earnings $-254,586,105 $-220,692,816 $-184,878,941 $-127,960,471
Long Term Equity Investment $0 $1,087,031 $2,038,508 $0
Other
Ordinary Shares Number $243,894,036 $142,817,040 $133,138,369 $124,948,367
Share Issued $243,894,036 $142,817,040 $133,138,369 $124,948,367
Tangible Book Value $212,327,559 $47,428,545 $46,667,869 $59,471,289
Invested Capital $299,017,494 $47,428,545 $46,667,869 $59,471,289
Working Capital $44,570,403 $15,939,316 $30,897,615 $47,868,309
Capital Lease Obligations $383,052 $87,704 $112,423 $107,030
Total Capitalization $298,946,051 $47,428,545 $46,667,869 $59,471,289
Capital Stock $501,043,123 $243,193,731 $206,785,432 $163,602,172
Common Stock $501,043,123 $243,193,731 $206,785,432 $163,602,172
Long Term Capital Lease Obligation $242,345 $49,387 $49,045 $49,045
Current Capital Lease Obligation $140,707 $38,317 $63,378 $57,985
Pensionand Other Post Retirement Benefit Plans Current $254,387 $0 - -
Current Accrued Expenses $2,601,476 $1,254,012 - -
Dueto Related Parties Current $2,842 $39,926 - -
Investments And Advances $0 $1,087,031 $2,038,508 $0
Investmentsin Associatesat Cost $0 $1,087,031 $2,038,508 $0
Goodwill $86,259,831 $0 - -
Net PPE $233,833,114 $30,323,556 $12,032,215 $11,652,025
Accumulated Depreciation $-2,966,622 $-2,376,796 $-1,530,241 $-980,968
Gross PPE $236,799,736 $32,700,352 $13,562,456 $12,632,992
Construction In Progress $10,558,130 $0 - -
Other Properties $50,640,364 $8,116,792 $4,646,536 $4,519,857
Finished Goods $846,921 $0 - -
Work In Process $3,929,814 $0 - -
Raw Materials $1,505,160 $0 - -
Other Short Term Investments $6,337,674 $555,015 $2,428,108 $5,325,083
Current Provisions - $1,728,682 $915,525 $1,005,481
Machinery Furniture Equipment - $3,058,819 $2,437,445 $1,746,215
Treasury Shares Number - - $0 -
Buildings And Improvements - - - -
Fetched: 2026-07-17
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $-41,612,582 $-42,866,561 $-71,947,893 $-56,966,229
Operating Activities
Operating Cash Flow $-39,289,874 $-39,671,602 $-70,728,351 $-52,992,660
Cash Flow From Continuing Operating Activities $-39,289,874 $-39,671,602 $-70,728,351 $-52,992,660
Operating Gains Losses $-4,439,012 $1,912,273 $-2,335,395 $3,322,117
Investing Activities
Capital Expenditure $-2,322,708 $-3,194,959 $-1,219,542 $-3,973,569
Investing Cash Flow $6,598,778 $-2,271,511 $-3,160,385 $-525,701
Cash Flow From Continuing Investing Activities $6,598,778 $-2,271,511 $-3,160,385 $-525,701
Net Other Investing Changes $1,952,819 $-128,030 $-67,506 $-11,609
Capital Expenditure Reported - $-3,954 $-11,802 $-11,609
Financing Activities
Issuance Of Capital Stock $59,475,636 $19,608,503 $56,274,287 $37,439,212
Financing Cash Flow $58,726,378 $19,450,863 $53,740,215 $40,466,706
Cash Flow From Continuing Financing Activities $58,726,378 $19,450,863 $53,740,215 $40,466,706
Net Other Financing Charges $-2,853,041 $-658,775 $-2,505,968 $-2,375,235
Cash Dividends Paid $0 $0 $0 -
Net Common Stock Issuance $59,475,636 $19,608,503 $56,274,287 $37,439,212
Common Stock Issuance $59,475,636 $19,608,503 $56,274,287 $37,439,212
Other
Repayment Of Debt $-41,721 $-95,470 $-102,563 $-86,759
End Cash Position $41,919,849 $15,900,220 $38,390,432 $58,538,953
Beginning Cash Position $15,900,220 $38,390,432 $58,538,953 $71,590,608
Effect Of Exchange Rate Changes $-15,653 $2,038 $0 -
Changes In Cash $26,035,282 $-22,492,250 $-20,148,521 $-13,051,655
Interest Paid Cff $-37,409 $-17,886 $-19,321 -
Proceeds From Stock Option Exercised $2,182,913 $614,491 $93,780 $5,489,489
Net Issuance Payments Of Debt $-41,721 $-95,470 $-102,563 $-86,759
Net Long Term Debt Issuance $-41,721 $-95,470 $-102,563 $-86,759
Long Term Debt Payments $-41,721 $-95,470 $-102,563 $-86,759
Interest Received Cfi $0 $269,336 $0 -
Net Investment Purchase And Sale $536,217 $782,142 $-1,879,809 $3,439,204
Sale Of Investment $536,217 $782,142 $0 $3,439,204
Net Business Purchase And Sale $6,432,450 $0 - -
Sale Of Business $6,432,450 $0 - -
Net PPE Purchase And Sale $-2,322,708 $-3,194,959 $-1,201,268 $-3,953,296
Purchase Of PPE $-2,322,708 $-3,194,959 $-1,207,740 $-3,961,960
Change In Working Capital $705,633 $921,310 $-430,786 $2,699,764
Change In Payables And Accrued Expense $1,091,979 $117,296 $-121,608 $3,085,981
Change In Prepaid Assets $-947,356 $27,655 $-69,181 $539,330
Change In Inventory $896,399 $0 - -
Change In Receivables $-335,389 $776,359 $-164,349 $-952,626
Other Non Cash Items $-5,534,954 $-7,804,100 $-16,319,043 $-12,219,924
Stock Based Compensation $4,477,644 $633,403 $1,004,961 $6,048,295
Unrealized Gain Loss On Investment Securities $-39,834 $-100,304 $2,882,206 $10,643,312
Provisionand Write Offof Assets $-162,152 $0 - -
Asset Impairment Charge $-712,623 $0 $718,322 $0
Deferred Tax $-281,113 $0 - -
Deferred Income Tax $-281,113 $0 - -
Depreciation Amortization Depletion $589,825 $579,691 $669,855 $627,241
Depreciation And Amortization $589,825 $579,691 $669,855 $627,241
Depreciation $589,825 $579,691 $669,855 $627,241
Gain Loss On Investment Securities $-4,522,026 $2,071,996 - $3,330,781
Net Foreign Currency Exchange Gain Loss $83,014 $-159,723 $30,849 $0
Net Income From Continuing Operations $-33,893,289 $-35,813,875 $-56,918,470 $-64,113,466
Interest Paid Supplemental Data - $17,886 $0 $0
Income Tax Paid Supplemental Data - $0 $0 $0
Purchase Of Investment - $0 $-1,879,809 $0
Sale Of PPE - $0 $6,472 $8,664
Change In Other Current Assets - $0 $-75,648 $27,079
Earnings Losses From Equity Investments - $930,979 $567,110 $0
Gain Loss On Sale Of PPE - $0 $-2,933,354 $-8,664
Gain Loss On Sale Of Business - $20,499 $0 -
Changes In Account Receivables - - - $0
Fetched: 2026-07-17