New Found Gold Corp Ordinary Shares NFGC

Morningstar Rating
$1.50 −0.02 (1.32%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

NFGC is trading at a LOCK|@kh@# premium.
Price
$1.50
Fair Value
LOCK|fHLXWQ&
Uncertainty
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1-Star Price
LOCK|!zlBrl^
5-Star Price
LOCK|t^#MBjm
Economic Moat
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Capital Allocation

News

Trading Information

Previous Close Price
$1.52
Day Range
$1.491.55
52-Week Range
$1.423.56
Bid/Ask
$1.50 / $1.52
Shares Outstanding
384.08M
Market Cap
$576.12M
Volume/Avg
1M / 2M

Key Statistics

Price/Earnings (Normalized)
Price/Sales
32.84
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield

Company Profile

New Found Gold Corp is a mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties with a focus on gold properties located in the Provinces of Newfoundland and Labrador and Ontario, Canada. The Companies exploration is focused on discovering and delineating gold resources. The Company has one material property: the Queensway Project located in Newfoundland, Canada (the Queensway Project).
Sector
Basic Materials
Industry
Gold
Stock Style Box
Small Growth
Total Number of Employees
138

Valuation

Metric
NFGC
Price/Earnings (Normalized)
Price/Book Value
1.95
Price/Sales
32.84
Price/Cash Flow
Price/Earnings
NFGC

Financial Strength

Metric
NFGC
Quick Ratio
2.31
Current Ratio
2.89
Interest Coverage
−281.00
Quick Ratio
NFGC

Profitability

Metric
NFGC
Return on Assets (Normalized)
−16.89%
Return on Equity (Normalized)
−22.44%
Return on Invested Capital (Normalized)
−21.76%
Return on Assets
NFGC

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Morningstar Rating for Stocks
Capital Allocation
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