New Found Gold Corp Ordinary Shares NFG
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.
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News
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New Found to Acquire Labrador Gold’s Kingsway Project
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New Found Intercepts 14.8 g/t Au Over 5m at Honeypot & 43.1 g/t Au Over 2m at Jackpot
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New Found Intercepts 17.8 g/t Au Over 13.5m, 27.7 g/t Au Over 2.7m, 12.7 g/t Au Over 4.6m and 1.23 g/t Au Over 47.2m at K2 Zone
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New Found Reports Positive Phase 1 Metallurgical Test Results Demonstrating 90% to 96% Gold Extraction at Queensway
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New Found Identifies Continuation of the Keats-Baseline Fault Zone With 187 g/t Au Over 2.55m at “Iceberg Alley”
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New Found Files 2023 Year-End Disclosure Documents
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New Found Intercepts 36 g/t Au Over 16.7m, 34 g/t Au Over 14.7m, 43 g/t Au Over 7.35m & 41 g/t Au Over 5.85m at Iceberg
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New Found Receives Initial 3-D Seismic Interpretation, Initiates Deep Drilling at Queensway
Trading Information
- Previous Close Price
- CAD 5.12
- Day Range
- CAD 5.06–5.17
- 52-Week Range
- CAD 4.08–7.00
- Bid/Ask
- CAD 5.08 / CAD 5.10
- Market Cap
- CAD 962.33 Mil
- Volume/Avg
- 65,618 / 169,558
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- —
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- 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 Company’s 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 Value
- Total Number of Employees
- 98
- Website
- https://www.newfoundgold.ca
Comparables
Valuation
|
Metric
|
NFG
|
SKE
|
WRN
|
|---|---|---|---|
Price/Earnings (Normalized) | — | — | — |
Price/Book Value | 30.63 | 4.87 | 2.56 |
Price/Sales | — | — | — |
Price/Cash Flow | — | — | — |
Price/Earnings
NFG
SKE
WRN
Financial Strength
|
Metric
|
NFG
|
SKE
|
WRN
|
|---|---|---|---|
Quick Ratio | 3.19 | 3.80 | 7.19 |
Current Ratio | 3.28 | 3.86 | 7.47 |
Interest Coverage | −3,047.86 | — | — |
Quick Ratio
NFG
SKE
WRN
Profitability
|
Metric
|
NFG
|
SKE
|
WRN
|
|---|---|---|---|
Return on Assets (Normalized) | −94.21% | −53.47% | −2.69% |
Return on Equity (Normalized) | −154.77% | −80.00% | −2.79% |
Return on Invested Capital (Normalized) | −125.72% | −65.71% | −3.72% |
Return on Assets
NFG
SKE
WRN
Gold Industry Comparables
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