Explore 3 Stock Ideas & Industry Insights Download Free Report

888-969-2592
Shopping Cart 0
countryflagCA
Login

Home CompaniesNew Found Gold Corp

New Found Gold Corp

Basic Materials Gold
PortfolioPortfolio WatchlistWatchlist
Company price
None CAD 0.00(0%)
Last update at 2026-11-05T21:00:10.851905Z
Market Cap
1028.73M

Momentum Score

…

New Found Gold Corp., a mineral exploration company, engages in the identification, evaluation, acquisition, and exploration of mineral properties in the Provinces of Newfoundland and Labrador, Canada. The company primarily explores for gold deposit. It holds 100% interests in the Queensway project that includes 103 mineral licenses and 7,024 claims covering an area of 175,600 hectares located near Gander, Newfoundland; the Kingsway project located in Gander, Newfoundland; and the Mustang Property consisting of 3 mineral licenses. The company was formerly known as Palisade Resources Corp. and changed its name to New Found Gold Corp. in June 2017. New Found Gold Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

52 Week Price Range
1.47
Low
4.89
High

Momentum Score

…
Loading momentum score…

A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

New Found Gold Corp is a Canadian junior explorer focused on the Queensway gold project in Newfoundland, aiming to delineate a district-scale high-grade system. Growth drivers include continued drilling, advancement of technical studies and permitting, and sensitivity to higher gold prices that could support project economics; investors may find the company attractive for exploration upside and a concentrated land position.

Key risks are exploration-stage status with no production, need for ongoing financing and potential dilution, drilling or metallurgical setbacks, permitting challenges, and gold-price volatility.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
-
Dividend Yield
-
Revenue TTM
5.81M
Revenue Per Share
0.03
Gross Profit TTM
0.12M
Debt / Equity
-
ROE
-19.59%
Net Debt
-
ROCE
-11.51%
Diluted EPS TTM
-0.20

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -47.97M -50.27M -79.89M -89.99M -50.64M
Net income -47.57M -50.27M -79.89M -89.99M -50.64M
Selling general administrative 17.94M 4.83M 5.56M 16.42M 13.81M
Gross profit 0.12M -0.81M -0.94M -0.88M -0.58M
Reconciled depreciation 0.83M 0.81M 0.94M 0.88M 0.58M
Ebit - - - - -56.43M
Ebitda - - - -89.09M -50.05M
Operating income -59.20M -61.25M -104.05M -88.72M -56.66M
Interest expense 0.11M 0.03M 0.03M 0.02M 0.01M
Tax provision -0.39M - - - -
Interest income 1.42M 2.87M 2.79M 1.22M 0.12M
Net interest income 1.31M 2.84M 2.76M 1.20M 0.12M
Total revenue 5.81M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 65.01M 61.25M 104.05M 88.72M 56.66M
Cost of revenue 5.69M 0.81M 0.94M 0.88M 0.58M
Total other income expense net 9.93M 8.13M 21.40M -2.48M 5.91M
Net income from continuing ops -47.57M -50.27M -79.89M -89.99M -50.64M
Net income applicable to common shares - - - - -50.64M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 536.13M 74.02M 84.58M 110.69M 148.06M
Other current assets - - - 0.30M 0.32M
Total liab 117.03M 7.45M 19.08M 27.21M 25.40M
Total stockholder equity 419.10M 66.57M 65.50M 83.47M 122.65M
Other current liab 8.68M - 12.43M 21.47M 10.13M
Common stock - - - - 181.80M
Capital stock 703.26M 341.35M 290.24M 229.63M 181.80M
Retained earnings -357.34M -309.76M -259.50M -179.61M -89.62M
Other liab - - - - 12.60M
Good will 121.07M - - - -
Cash 58.84M 22.32M 53.88M 82.17M 100.48M
Total current liabilities 21.67M 7.38M 19.01M 27.14M 12.76M
Short long term debt 0.10M - - - -
Other stockholder equity - - - - 30.47M
Property plant equipment - - - - 11.54M
Total current assets 84.23M 29.75M 62.38M 94.33M 136.52M
Long term investments 0.00M 1.53M 2.86M - -
Net tangible assets - - - - 122.65M
Short term investments 8.90M 0.78M 3.41M 7.47M 31.94M
Net receivables - - - - 1.81M
Long term debt 0.50M - - - -
Inventory 8.82M - - - -
Accounts payable 8.68M - - 5.31M 2.54M
Non currrent assets other 2.62M 0.18M - - -
Non current assets total 451.90M 44.27M 22.20M 16.35M 11.54M
Capital lease obligations 0.54M 0.12M 0.16M 0.15M 0.10M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments 0.75M 1.10M -4.44M -0.74M -11.54M
Change to liabilities - - - - 1.64M
Total cashflows from investing activities - - - - -17.07M
Net borrowings -0.06M -0.13M -0.14M - -0.09M
Total cash from financing activities 82.43M 27.12M 75.43M 56.80M 118.34M
Change to operating activities - - - - -1.81M
Net income -47.57M -50.27M -79.89M -89.99M -50.64M
Change in cash 36.52M -31.57M -28.28M -18.32M 52.75M
Begin period cash flow 22.32M 53.88M 82.17M 100.48M 47.73M
End period cash flow 58.84M 22.32M 53.88M 82.17M 100.48M
Total cash from operating activities -55.15M -55.68M -99.27M -74.38M -48.51M
Issuance of capital stock 83.48M 27.52M 78.99M 52.55M 120.50M
Depreciation 0.83M 0.81M 0.94M 0.88M 0.61M
Other cashflows from investing activities - - - - -0.11M
Dividends paid 0.00M 0.00M 0.00M - 0.00M
Change to inventory 1.26M - - - -
Change to account receivables - - - 0.00M 0.00M
Other cashflows from financing activities - - - - -4.46M
Change to netincome - - - - 1.69M
Capital expenditures 3.26M 4.48M 1.81M 5.56M 5.42M
Change in working capital 0.99M 1.29M -0.60M 3.79M -0.17M
Stock based compensation 6.28M 0.89M 1.41M 8.49M 7.61M
Other non cash items -7.77M -10.95M -22.91M -17.15M -6.61M
Free cash flow -58.41M -60.17M -101.08M -79.94M -53.94M

Peer Comparison*

Sector: Basic Materials Industry: Gold

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
OMG
Omai Gold Mines Corp		 0.03
1.78%		 1.72 - - - 62.63 - -4.09
ASE
Asante Gold Corporation		 -0.01
1.52%		 0.65 - 6.57 2.23 269.42 2.23 49.52
THX
Thor Explorations Ltd.		 0.05
5.43%		 0.97 3.41 2.77 2.87 1.88 1.80 2.44
MKO
Mako Mining Corp		 -0.16
1.45%		 10.89 18.47 2.34 6.21 4.73 4.31 10.00

Profile*

New Found Gold Corp

New Found Gold Corp., a mineral exploration company, engages in the identification, evaluation, acquisition, and exploration of mineral properties in the Provinces of Newfoundland and Labrador, Canada. The company primarily explores for gold deposit. It holds 100% interests in the Queensway project that includes 103 mineral licenses and 7,024 claims covering an area of 175,600 hectares located near Gander, Newfoundland; the Kingsway project located in Gander, Newfoundland; and the Mustang Property consisting of 3 mineral licenses. The company was formerly known as Palisade Resources Corp. and changed its name to New Found Gold Corp. in June 2017. New Found Gold Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada.

1055 West Georgia Street, Vancouver, BC, Canada, V6E 3P2

604 977 3214

https://newfoundgold.ca

131

Name Title Year Born
Mr. Collin Kettell Founder, Exec. Chairman & CEO 1991
Mr. Denis Roland Laviolette B.Sc, B.Sc. Founder, Pres & Director 1985
Mr. Michael Kanevsky C.A., CPA Chief Financial Officer 1982
Mr. Greg Matheson B.Sc., P. Geo, P.Geo. Chief Operating Officer 1986
Mr. Kenneth Edward Rattee B.sc. Sr. Geologist 1957
Ms. Melissa Render P.Geo. VP of Exploration NA
Mr. Ronald Hampton Chief Devel. Officer NA
Ms. Janet Francis Corp. Sec. 1968
Mr. Collin Kettell Founder, Executive Chairman & CEO 1991
Mr. Denis Roland Laviolette B.Sc, B.Sc. Founder, President & Director 1985

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

Kalkine

3 Mining Stock
Ideas Report

Download a free report with stock ideas and industry insights for general information.

Download Free Report Now → sector image

Top Stocks by Market Cap*

DHT-U
CAD 13.53
+16.44%
LIF
CAD 22.04
+8.62%
TOI
CAD 103.80
+7.09%
CRON
CAD 5.26
+6.69%
CIA
CAD 2.04
+6.25%
ITH
CAD 1.61
-34.02%
IFOS
CAD 1.65
-22.90%
TNZ
CAD 49.70
-19.58%
KEEL
CAD 2.36
-19.45%
GIL
CAD 49.36
-18.33%

Equity Sectors*

  • Basic Materials

    -2.18%

  • Communication Services

    +0.95%

  • Consumer Cyclical

    -2.25%

  • Consumer Defensive

    -0.68%

  • Energy

    -2.93%

  • Financial Services

    -2.26%

  • Healthcare

    -0.46%

  • Industrials

    -3.70%

  • Real Estate

    -0.06%

  • Technology

    -3.32%

  • Utilities

    -0.50%

Note: Daily price change (%) by sector excluding stocks with +/-90% daily price change. Companies above $500 million market capitalization are considered.

Support

Hi! How can we help you today?

Loading…