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.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if NFG is a good fit for your portfolio.
News
-
New Found Intercepts Nine New Gold Zones Spanning 3km in Strike, Doubles Known Vertical Extent of Gold Mineralization to 820m Depth at Queensway
-
New Found Completes Acquisition of Labrador Gold’s Kingsway Project
-
New Found Commences Surface Trenching at Iceberg
-
New Found Provides Update on Deep Drilling Program, Engages Devico Directional Drilling Services at Queensway
-
New Found Announces Settlement of Litigation With ThreeD Capital
-
New Found Files Queensway Gold Project NI 43-101 Technical Report
Trading Information
- Previous Close Price
- CAD 3.67
- Day Range
- CAD 3.64–3.74
- 52-Week Range
- CAD 3.63–6.36
- Bid/Ask
- CAD 3.66 / CAD 3.70
- Market Cap
- CAD 731.21 Mil
- Volume/Avg
- 296,303 / 227,519
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 Core
- Total Number of Employees
- 98
- Website
- https://www.newfoundgold.ca
Comparables
Valuation
Metric
|
NFG
|
SKE
|
ARTG
|
---|---|---|---|
Price/Earnings (Normalized) | — | — | — |
Price/Book Value | 10.88 | 7.73 | 3.90 |
Price/Sales | — | — | — |
Price/Cash Flow | — | — | — |
Price/Earnings
No chart available
Financial Strength
Metric
|
NFG
|
SKE
|
ARTG
|
---|---|---|---|
Quick Ratio | 3.82 | 3.04 | 2.25 |
Current Ratio | 3.92 | 3.11 | 2.36 |
Interest Coverage | −2,751.38 | — | −178.31 |
Quick Ratio
No chart available
Profitability
Metric
|
NFG
|
SKE
|
ARTG
|
---|---|---|---|
Return on Assets (Normalized) | −95.22% | −58.54% | −0.95% |
Return on Equity (Normalized) | −136.55% | −93.06% | −1.54% |
Return on Invested Capital (Normalized) | −124.94% | −72.86% | −1.55% |
Return on Assets
No chart available
Gold Industry Comparables
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
---|---|---|---|---|---|---|
Zijin Mining Group Co Ltd ADR
ZIJMY
| — | Qlgbqfr | $56.8 Bil | |||
Zijin Mining Group Co Ltd Class H
ZIJMF
| — | Hqwflb | $56.8 Bil | |||
Newmont Corp Chess Depository Interest
NEMCL
| — | Bgy | $53.6 Bil | |||
Newmont Corp
NEM
| Hsstpjl | Mflv | $53.6 Bil | |||
Agnico Eagle Mines Ltd
AEM
| Nxnkhxhd | Xpkb | $36.6 Bil | |||
Barrick Gold Corp
GOLD
| Qlgbvsmzr | Cgjwb | $31.3 Bil | |||
Wheaton Precious Metals Corp
WPM
| Sccnwphj | Tgqs | $26.5 Bil | |||
Franco-Nevada Corp
FNV
| — | Xvjlx | $24.0 Bil | |||
Gold Fields Ltd
GFIOF
| — | Yry | $14.7 Bil | |||
Kinross Gold Corp
KGC
| Jkp | Tsc | $10.6 Bil |