NFGC

New Found Gold Corp.

Price Chart

No historical data available

Latest Quote

$1.89

-0.02 (-1.05%)

Current Price

Previous Close	$1.91
Open	$1.89
Day High	$1.92
Day Low	$1.84
Volume	859,648

Fetched: 2026-09-01T02:18:46

Stock Information

Note: Financial values converted from CAD to USD

Shares Outstanding	384.36M
Total Debt	$49.01M
Cash Equivalents	$146.55M
Revenue	$22.66M
Net Income	$-42.02M
Sector	Basic Materials
Industry	Gold
Market Cap	$726.44M
EPS (TTM)	$-0.16
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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Period:

Income Statement (Annual)

Metric	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Revenue
Reconciled Cost Of Revenue	$4,103,585	$0	$678,224	$635,078
Cost Of Revenue	$4,103,585	$0	$678,224	$635,078
Total Revenue	$4,188,889	$0	$0	$0
Operating Revenue	$4,188,889	$0	$0	$0
Expenses
Interest Expense	$81,201	$18,110	$19,562	$11,533
Total Expenses	$46,895,779	$43,509,915	$75,058,207	$63,996,374
Other Income Expense	$7,163,733	$5,196,838	$15,434,687	$-1,786,837
Other Non Operating Income Expenses	$5,317,340	$7,294,720	$16,542,494	$12,382,669
Net Non Operating Interest Income Expense	$941,784	$2,051,749	$1,993,918	$868,721
Interest Expense Non Operating	$81,201	$18,110	$19,562	$11,533
Operating Expense	$42,792,194	$43,509,915	$74,379,983	$63,361,296
Other Operating Expenses	$29,849,963	$37,916,828	$69,026,660	$53,144,439
General And Administrative Expense	$12,942,230	$5,593,087	$4,012,503	$9,386,003
Income & Earnings
Net Income From Continuing Operation Net Minority Interest	$-34,316,747	$-36,261,328	$-57,629,601	$-64,914,490
Net Interest Income	$941,784	$2,051,749	$1,993,918	$868,721
Interest Income	$1,022,986	$2,069,858	$2,013,481	$880,254
Normalized Income	$-31,607,091	$-36,261,328	$-57,095,990	$-50,744,984
Net Income From Continuing And Discontinued Operation	$-34,316,747	$-36,261,328	$-57,629,601	$-64,914,490
Total Operating Income As Reported	$-46,160,547	$-43,509,915	$-74,636,849	$-63,996,374
Net Income Common Stockholders	$-34,316,747	$-36,261,328	$-57,629,601	$-64,914,490
Net Income	$-34,316,747	$-36,261,328	$-57,629,601	$-64,914,490
Net Income Including Noncontrolling Interests	$-34,316,747	$-36,261,328	$-57,629,601	$-64,914,490
Net Income Continuous Operations	$-34,316,747	$-36,261,328	$-57,629,601	$-64,914,490
Pretax Income	$-34,601,372	$-36,261,328	$-57,629,601	$-64,914,490
Special Income Charges	$-2,732,131	$0	$2,311,056	$10,235
Earnings From Equity Interest	$4,578,524	$-2,097,883	$-574,195	$0
Interest Income Non Operating	$1,022,986	$2,069,858	$2,013,481	$880,254
Operating Income	$-42,706,890	$-43,509,915	$-75,058,207	$-63,996,374
Gross Profit	$85,304	$0	$-678,224	$-635,078
Per Share
Diluted EPS	$-0.14	$-0.19	$-0.32	$-0.39
Basic EPS	$-0.14	$-0.19	$-0.32	$-0.39
Other
Tax Effect Of Unusual Items	$-22,474	$0	$0	$0
Tax Rate For Calcs	$0	$0	$0	$0
Normalized EBITDA (Bullshit earnings)	$-31,190,846	$-35,656,286	$-56,398,204	$-50,098,373
Total Unusual Items	$-2,732,131	$0	$-533,612	$-14,169,506
Total Unusual Items Excluding Goodwill	$-2,732,131	$0	$-533,612	$-14,169,506
Reconciled Depreciation	$597,195	$586,933	$678,224	$635,078
EBITDA (Bullshit earnings)	$-33,922,976	$-35,656,286	$-56,931,815	$-64,267,879
EBIT	$-34,520,171	$-36,243,219	$-57,610,039	$-64,902,957
Diluted Average Shares	$169,256,108	$139,966,346	$128,663,116	$120,363,951
Basic Average Shares	$169,256,108	$139,966,346	$128,663,116	$120,363,951
Diluted NI Availto Com Stockholders	$-34,316,747	$-36,261,328	$-57,629,601	$-64,914,490
Tax Provision	$-284,625	$0	-	-
Write Off	$-721,526	$0	$721,526	$0
Restructuring And Mergern Acquisition	$3,453,657	$0	-	-
Selling General And Administration	$12,942,230	$5,593,087	$4,012,503	$9,386,003
Other Gand A	$8,408,643	$4,951,770	$1,191,904	$1,175,115
Salaries And Wages	$4,533,587	$641,317	$2,820,600	$8,210,888
Gain On Sale Of Ppe	-	$0	$3,038,352	$8,772
Other Special Charges	-	$1,262,443	-	$-1,462
Impairment Of Capital Assets	-	$0	$5,771	$0
Gain On Sale Of Security	-	$-871,171	$-2,844,667	$-14,179,741
Other Taxes	-	$669,972	$421,358	$0
Research And Development	-	$513,248	$919,462	$830,855

Fetched: 2026-09-01

Balance Sheet (Annual)

Metric	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Assets
Net Tangible Assets	$214,980,351	$48,021,111	$47,250,931	$60,214,315
Total Assets	$386,739,804	$53,393,984	$61,011,840	$79,844,990
Total Non Current Assets	$325,979,732	$31,932,655	$16,016,943	$11,797,604
Other Non Current Assets	$1,887,588	$129,630	-	-
Goodwill And Other Intangible Assets	$87,337,550	$0	-	-
Current Assets	$60,760,072	$21,461,328	$44,994,898	$68,047,386
Hedging Assets Current	$0	$106,039	$135,975	$19,381
Prepaid Assets	$2,419,045	$1,067,851	$1,095,851	$1,042,871
Inventory	$6,360,380	$0	-	-
Receivables	$3,120,202	$3,626,614	$2,434,550	$2,268,148
Other Receivables	$1,726	-	-	-
Taxes Receivable	$3,118,475	$1,594,157	$2,380,216	$2,268,148
Notes Receivable	$0	$2,032,457	$0	-
Cash Cash Equivalents And Short Term Investments	$48,860,446	$16,660,824	$41,328,521	$64,661,945
Cash And Cash Equivalents	$42,443,590	$16,098,875	$38,870,076	$59,270,331
Non Current Note Receivables	-	$0	$1,770,422	$0
Accrued Interest Receivable	-	$0	$54,334	$0
Cash Financial	-	$16,098,875	$38,870,076	$59,270,331
Other Current Assets	-	-	-	$55,042
Accounts Receivable	-	-	-	-
Debt
Total Debt	$823,316	$88,800	$113,828	$108,367
Long Term Debt And Capital Lease Obligation	$608,515	$50,004	$49,657	$49,657
Long Term Debt	$363,142	-	-	-
Current Debt And Capital Lease Obligation	$214,801	$38,796	$64,170	$58,710
Current Debt	$72,335	-	-	-
Other Current Borrowings	$72,335	-	-	-
Liabilities
Total Liabilities Net Minority Interest	$84,421,903	$5,372,873	$13,760,909	$19,630,675
Total Non Current Liabilities Net Minority Interest	$68,789,091	$50,004	$49,657	$49,657
Other Non Current Liabilities	$7,841,178	-	-	-
Non Current Deferred Liabilities	$60,339,398	$0	-	-
Non Current Deferred Taxes Liabilities	$60,339,398	$0	-	-
Current Liabilities	$15,632,812	$5,322,868	$13,711,252	$19,581,018
Other Current Liabilities	$6,259,269	$1,750,280	$8,963,790	$14,472,798
Payables And Accrued Expenses	$8,901,177	$3,533,793	$3,756,328	$4,031,467
Payables	$6,267,199	$2,264,113	-	-
Accounts Payable	$6,264,321	$2,223,689	-	-
Equity
Common Stock Equity	$302,317,900	$48,021,111	$47,250,931	$60,214,315
Total Equity Gross Minority Interest	$302,317,900	$48,021,111	$47,250,931	$60,214,315
Stockholders Equity	$302,317,900	$48,021,111	$47,250,931	$60,214,315
Other Equity Interest	$21,892,896	-	$25,070,743	$24,127,312
Gains Losses Not Affecting Retained Earnings	$30,888,786	$25,239,072	$25,070,743	$24,127,312
Retained Earnings	$-257,766,869	$-223,450,122	$-187,188,793	$-129,559,192
Long Term Equity Investment	$0	$1,100,612	$2,063,977	$0
Other
Ordinary Shares Number	$246,941,215	$144,601,376	$134,801,782	$126,509,455
Share Issued	$246,941,215	$144,601,376	$134,801,782	$126,509,455
Tangible Book Value	$214,980,351	$48,021,111	$47,250,931	$60,214,315
Invested Capital	$302,753,378	$48,021,111	$47,250,931	$60,214,315
Working Capital	$45,127,260	$16,138,460	$31,283,646	$48,466,369
Capital Lease Obligations	$387,838	$88,800	$113,828	$108,367
Total Capitalization	$302,681,043	$48,021,111	$47,250,931	$60,214,315
Capital Stock	$507,303,088	$246,232,160	$209,368,982	$165,646,195
Common Stock	$507,303,088	$246,232,160	$209,368,982	$165,646,195
Long Term Capital Lease Obligation	$245,373	$50,004	$49,657	$49,657
Current Capital Lease Obligation	$142,465	$38,796	$64,170	$58,710
Pensionand Other Post Retirement Benefit Plans Current	$257,566	$0	-	-
Current Accrued Expenses	$2,633,979	$1,269,679	-	-
Dueto Related Parties Current	$2,877	$40,425	-	-
Investments And Advances	$0	$1,100,612	$2,063,977	$0
Investmentsin Associatesat Cost	$0	$1,100,612	$2,063,977	$0
Goodwill	$87,337,550	$0	-	-
Net PPE	$236,754,594	$30,702,414	$12,182,544	$11,797,604
Accumulated Depreciation	$-3,003,686	$-2,406,491	$-1,549,359	$-993,224
Gross PPE	$239,758,280	$33,108,905	$13,731,903	$12,790,827
Construction In Progress	$10,690,042	$0	-	-
Other Properties	$51,273,058	$8,218,202	$4,704,589	$4,576,327
Finished Goods	$857,503	$0	-	-
Work In Process	$3,978,913	$0	-	-
Raw Materials	$1,523,965	$0	-	-
Other Short Term Investments	$6,416,856	$561,949	$2,458,444	$5,391,614
Current Provisions	-	$1,750,280	$926,964	$1,018,043
Machinery Furniture Equipment	-	$3,097,035	$2,467,898	$1,768,032
Treasury Shares Number	-	-	$0	-
Buildings And Improvements	-	-	-	-

Fetched: 2026-09-01

Cash Flow Statement (Annual)

Metric	2025-12-31	2024-12-31	2023-12-31	2022-12-31
Free Cash Flow
Free Cash Flow	$-42,132,484	$-43,402,130	$-72,846,800	$-57,677,957
Operating Activities
Operating Cash Flow	$-39,780,757	$-40,167,254	$-71,612,021	$-53,654,743
Cash Flow From Continuing Operating Activities	$-39,780,757	$-40,167,254	$-71,612,021	$-53,654,743
Operating Gains Losses	$-4,494,472	$1,936,164	$-2,364,574	$3,363,623
Investing Activities
Capital Expenditure	$-2,351,728	$-3,234,876	$-1,234,779	$-4,023,214
Investing Cash Flow	$6,681,222	$-2,299,891	$-3,199,871	$-532,269
Cash Flow From Continuing Investing Activities	$6,681,222	$-2,299,891	$-3,199,871	$-532,269
Net Other Investing Changes	$1,977,217	$-129,630	$-68,350	$-11,754
Capital Expenditure Reported	-	$-4,004	$-11,949	$-11,754
Financing Activities
Issuance Of Capital Stock	$60,218,716	$19,853,489	$56,977,370	$37,906,972
Financing Cash Flow	$59,460,097	$19,693,879	$54,411,638	$40,972,292
Cash Flow From Continuing Financing Activities	$59,460,097	$19,693,879	$54,411,638	$40,972,292
Net Other Financing Charges	$-2,888,686	$-667,006	$-2,537,277	$-2,404,911
Cash Dividends Paid	$0	$0	$0	-
Net Common Stock Issuance	$60,218,716	$19,853,489	$56,977,370	$37,906,972
Common Stock Issuance	$60,218,716	$19,853,489	$56,977,370	$37,906,972
Other
Repayment Of Debt	$-42,243	$-96,662	$-103,844	$-87,843
End Cash Position	$42,443,590	$16,098,875	$38,870,076	$59,270,331
Beginning Cash Position	$16,098,875	$38,870,076	$59,270,331	$72,485,051
Effect Of Exchange Rate Changes	$-15,848	$2,064	$0	-
Changes In Cash	$26,360,563	$-22,773,265	$-20,400,254	$-13,214,721
Interest Paid Cff	$-37,876	$-18,110	$-19,562	-
Proceeds From Stock Option Exercised	$2,210,186	$622,169	$94,952	$5,558,073
Net Issuance Payments Of Debt	$-42,243	$-96,662	$-103,844	$-87,843
Net Long Term Debt Issuance	$-42,243	$-96,662	$-103,844	$-87,843
Long Term Debt Payments	$-42,243	$-96,662	$-103,844	$-87,843
Interest Received Cfi	$0	$272,701	$0	-
Net Investment Purchase And Sale	$542,916	$791,914	$-1,903,295	$3,482,172
Sale Of Investment	$542,916	$791,914	$0	$3,482,172
Net Business Purchase And Sale	$6,512,816	$0	-	-
Sale Of Business	$6,512,816	$0	-	-
Net PPE Purchase And Sale	$-2,351,728	$-3,234,876	$-1,216,277	$-4,002,688
Purchase Of PPE	$-2,351,728	$-3,234,876	$-1,222,829	$-4,011,460
Change In Working Capital	$714,449	$932,820	$-436,168	$2,733,494
Change In Payables And Accrued Expense	$1,105,622	$118,761	$-123,127	$3,124,537
Change In Prepaid Assets	$-959,192	$28,000	$-70,046	$546,068
Change In Inventory	$907,598	$0	-	-
Change In Receivables	$-339,579	$786,059	$-166,402	$-964,528
Other Non Cash Items	$-5,604,107	$-7,901,604	$-16,522,931	$-12,372,598
Stock Based Compensation	$4,533,587	$641,317	$1,017,517	$6,123,862
Unrealized Gain Loss On Investment Securities	$-40,332	$-101,557	$2,918,216	$10,776,288
Provisionand Write Offof Assets	$-164,178	$0	-	-
Asset Impairment Charge	$-721,526	$0	$727,297	$0
Deferred Tax	$-284,625	$0	-	-
Deferred Income Tax	$-284,625	$0	-	-
Depreciation Amortization Depletion	$597,195	$586,933	$678,224	$635,078
Depreciation And Amortization	$597,195	$586,933	$678,224	$635,078
Depreciation	$597,195	$586,933	$678,224	$635,078
Gain Loss On Investment Securities	$-4,578,524	$2,097,883	-	$3,372,395
Net Foreign Currency Exchange Gain Loss	$84,052	$-161,718	$31,234	$0
Net Income From Continuing Operations	$-34,316,747	$-36,261,328	$-57,629,601	$-64,914,490
Interest Paid Supplemental Data	-	$18,110	$0	$0
Income Tax Paid Supplemental Data	-	$0	$0	$0
Purchase Of Investment	-	$0	$-1,903,295	$0
Sale Of PPE	-	$0	$6,553	$8,772
Change In Other Current Assets	-	$0	$-76,593	$27,417
Earnings Losses From Equity Investments	-	$942,610	$574,195	$0
Gain Loss On Sale Of PPE	-	$0	$-2,970,002	$-8,772
Gain Loss On Sale Of Business	-	$20,755	$0	-
Changes In Account Receivables	-	-	-	$0

Fetched: 2026-09-01