New Found Gold Corp.NFGC

$1.62+0.01 (+0.62%)
AMEXBasic Materials24:00 UTC

Company snapshot

Market Cap
$383M
Small-cap
+82%
2020 — today
10-Year Price
+7%
2020 — today
52-Week Range
$1.34$3.48
Current $1.62· 13%

New Found Gold Corp. operates as a mining exploration company, primarily engaged in identifying, acquiring, and investigating mineral properties, with a specific emphasis on gold deposits. Its operations span the Canadian provinces of Newfoundland and Labrador, and Ontario. The company holds 100% ownership of two significant projects: The Queensway project, located near Gander, Newfoundland, which covers an extensive 151,030 hectares through 86 mineral licenses and 6,041 claims. The Lucky Strike project, an 11,684-hectare site situated in Kirkland Lake, Ontario. Established in 2016, the firm was originally known as Palisade Resources Corp. before officially changing its name to New Found Gold Corp. in June 2017. Its corporate headquarters are located in Vancouver, Canada.

Valuation in context

P/E ratio
-6.8
N/A
Not meaningful — company is unprofitable
P/B ratio
0.9
Near historic low
Near historic low — last 10 years
FCF Yield
-18.7%
Near historic low
Near historic low — last 10 years
Free · No credit card needed

Get alerted when NFGC is cheap

Set a free alert — we'll push you when P/E, yield, or other metrics cross a historical threshold.