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New Found Gold Corp Ordinary Shares NFG

Morningstar Rating
CAD 4.99 −0.21 (4.04%)
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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

NFG is trading at a 40% discount.
Price
CAD 4.90
Fair Value
CAD 1.43
Uncertainty
Extreme
1-Star Price
CAD 49.16
5-Star Price
CAD 7.54
Economic Moat
Vwyknyb
Capital Allocation
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News

Trading Information

Previous Close Price
CAD 5.20
Day Range
CAD 4.995.20
52-Week Range
CAD 4.087.00
Bid/Ask
CAD 4.99 / CAD 5.11
Market Cap
CAD 945.28 Mil
Volume/Avg
71,627 / 172,080

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

Comparables

Valuation

Metric
NFG
SKE
WRN
Price/Earnings (Normalized)
Price/Book Value
30.634.592.32
Price/Sales
Price/Cash Flow
Price/Earnings
NFG
SKE
WRN

Financial Strength

Metric
NFG
SKE
WRN
Quick Ratio
3.193.807.19
Current Ratio
3.283.867.47
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
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