Skip to Content

New Found Gold Corp Ordinary Shares NFG

Morningstar Rating
CAD 3.70 +0.03 (0.82%)
View Full Chart
Unlock our analysis with Morningstar Investor

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

NFG is trading at a 144% premium.
Price
CAD 3.67
Fair Value
CAD 5.36
Uncertainty
Extreme
1-Star Price
CAD 38.13
5-Star Price
CAD 9.69
Economic Moat
Lfxmz
Capital Allocation
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

Trading Information

Previous Close Price
CAD 3.67
Day Range
CAD 3.643.74
52-Week Range
CAD 3.636.36
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

Comparables

Valuation

Metric
NFG
SKE
ARTG
Price/Earnings (Normalized)
Price/Book Value
10.887.733.90
Price/Sales
Price/Cash Flow
Price/Earnings
No chart available

Financial Strength

Metric
NFG
SKE
ARTG
Quick Ratio
3.823.042.25
Current Ratio
3.923.112.36
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
See how this stock stacks up to its competitors with Morningstar Investor

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
HsstpjlMflv$53.6 Bil
Agnico Eagle Mines Ltd
AEM
NxnkhxhdXpkb$36.6 Bil
Barrick Gold Corp
GOLD
QlgbvsmzrCgjwb$31.3 Bil
Wheaton Precious Metals Corp
WPM
SccnwphjTgqs$26.5 Bil
Franco-Nevada Corp
FNV
Xvjlx$24.0 Bil
Gold Fields Ltd
GFIOF
Yry$14.7 Bil
Kinross Gold Corp
KGC
JkpTsc$10.6 Bil

Sponsor Center