(NFGC) New Found Gold - Ratings and Ratios
Gold, Exploration, Newfoundland, Licenses, Claims
EPS (Earnings per Share)
Revenue
Dividends
Currently no dividends paid| Risk via 5d forecast | |
|---|---|
| Volatility | 81.5% |
| Value at Risk 5%th | 120% |
| Relative Tail Risk | -10.47% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.21 |
| Alpha | 87.40 |
| CAGR/Max DD | -0.05 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.468 |
| Beta | 0.445 |
| Beta Downside | -0.016 |
| Drawdowns 3y | |
|---|---|
| Max DD | 82.55% |
| Mean DD | 45.16% |
| Median DD | 45.59% |
Description: NFGC New Found Gold December 29, 2025
New Found Gold Corp. (NYSE MKT:NFGC) is a Vancouver-based exploration firm focused on locating gold deposits in Newfoundland and Labrador, Canada. It holds 100 % of the Queensway project-comprising 103 mineral licences and 7,024 claims over 175,600 ha near Gander-as well as the adjacent Kingsway project and the smaller Mustang Property (three licences). The company, incorporated in 2016 and renamed from Palisade Resources in 2017, concentrates on early-stage identification, acquisition, and drilling of prospective gold targets.
Key sector drivers that could affect NFGC’s upside include: (1) the long-term upward bias in gold prices, which have risen ~30 % over the past 12 months amid higher inflation expectations and geopolitical tension; (2) Canada’s stable mining regulatory environment and favorable fiscal terms, which rank among the top three globally for junior miners; and (3) the company’s cash runway-approximately US$8 million as of the latest quarter-providing sufficient funding for a 2024-2025 drilling campaign without immediate dilution. Assuming successful drill intercepts, the Queensway project’s large land package could support a multi-million-ounce resource, but current data are limited to historic geophysics and surface sampling.
For a deeper dive into NFGC’s valuation metrics and peer comparison, you may find the analyst tools on ValueRay worth exploring.
Piotroski VR‑10 (Strict, 0-10) 0.5
| Net Income: error (cannot be calculated; needs Net Income TTM and Revenue TTM) |
| FCF/TA: -0.45 > 0.02 and ΔFCF/TA 29.78 > 1.0 |
| NWC/Revenue: error (cannot be calculated; needs Current Assets/Liabilities and Revenue current+prev) |
| CFO/TA -0.43 > 3% & CFO -51.2m > Net Income -45.9m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 4.04 > 1.5 & < 3 |
| Outstanding Shares: last quarter (235.0m) vs 12m ago 18.68% < -2% |
| Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin) |
| Asset Turnover: 0.0% > 50% (prev 0.0%; Δ 0.0% > 0%) |
| Interest Coverage Ratio: -2380 > 6 (EBITDA TTM -45.1m / Interest Expense TTM 19.3k) |
Altman Z'' -3.44
| A: 0.47 (Total Current Assets 74.9m - Total Current Liabilities 18.5m) / Total Assets 119.9m |
| B: -2.85 (Retained Earnings -342.2m / Total Assets 119.9m) |
| C: -0.44 (EBIT TTM -45.8m / Avg Total Assets 104.8m) |
| D: 5.44 (Book Value of Equity 101.3m / Total Liabilities 18.6m) |
| Altman-Z'' Score: -3.44= D |
Beneish M
| DSRI: none (Receivables 1.75m/1.83m, Revenue 0.0/0.0) |
| GMI: 1.00 (fallback, negative margins) |
| AQI: 0.92 (AQ_t 0.02 / AQ_t-1 0.02) |
| SGI: none (Revenue 0.0 / 0.0) |
| TATA: 0.04 (NI -45.9m - CFO -51.2m) / TA 119.9m) |
| Beneish M-Score: cannot calculate (missing components) |
ValueRay F-Score (Strict, 0-100) 34.55
| 1. Piotroski: 0.50pt |
| 2. FCF Yield: -4.00% |
| 3. FCF Margin: data missing |
| 4. Debt/Equity: 0.00 |
| 5. Debt/Ebitda: data missing |
| 6. ROIC - WACC: -53.12% |
| 7. RoE: -57.71% |
| 8. Revenue Trend: data missing |
| 9. EPS Trend: 70.92% |
What is the price of NFGC shares?
Over the past week, the price has changed by +16.00%, over one month by +9.43%, over three months by +65.71% and over the past year by +96.61%.
Is NFGC a buy, sell or hold?
- Strong Buy: 0
- Buy: 1
- Hold: 0
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the NFGC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 5 | 43.7% |
| Analysts Target Price | 5 | 43.7% |
| ValueRay Target Price | 4.3 | 23.3% |
NFGC Fundamental Data Overview January 17, 2026
P/E Forward = 11.7509
P/B = 14.0682
Revenue TTM = 0.0 CAD
EBIT TTM = -45.8m CAD
EBITDA TTM = -45.1m CAD
Long Term Debt = 69.2k CAD (from capitalLeaseObligations, last quarter)
Short Term Debt = 450.0 CAD (from shortTermDebt, last quarter)
Debt = 69.2k CAD (from shortLongTermDebtTotal, last quarter)
Net Debt = -71.1m CAD (from netDebt column, last quarter)
Enterprise Value = 1.35b CAD (1.42b + Debt 69.2k - CCE 71.7m)
Interest Coverage Ratio = -2380 (Ebit TTM -45.8m / Interest Expense TTM 19.3k)
EV/FCF = -24.99x (Enterprise Value 1.35b / FCF TTM -53.9m)
FCF Yield = -4.00% (FCF TTM -53.9m / Enterprise Value 1.35b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 780.8k) / Revenue TTM)
Tobins Q-Ratio = 11.24 (Enterprise Value 1.35b / Total Assets 119.9m)
Interest Expense / Debt = 4.93% (Interest Expense 3409 / Debt 69.2k)
Taxrate = 21.0% (US default 21%)
NOPAT = -36.2m (EBIT -45.8m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 4.04 (Total Current Assets 74.9m / Total Current Liabilities 18.5m)
Debt / Equity = 0.00 (Debt 69.2k / totalStockholderEquity, last quarter 101.3m)
Debt / EBITDA = 1.58 (negative EBITDA) (Net Debt -71.1m / EBITDA -45.1m)
Debt / FCF = 1.32 (negative FCF - burning cash) (Net Debt -71.1m / FCF TTM -53.9m)
Total Stockholder Equity = 79.4m (last 4 quarters mean from totalStockholderEquity)
RoA = -43.75% (Net Income -45.9m / Total Assets 119.9m)
RoE = -57.71% (Net Income TTM -45.9m / Total Stockholder Equity 79.4m)
RoCE = -57.64% (EBIT -45.8m / Capital Employed (Equity 79.4m + L.T.Debt 69.2k))
RoIC = -45.57% (negative operating profit) (NOPAT -36.2m / Invested Capital 79.4m)
WACC = 7.55% (E(1.42b)/V(1.42b) * Re(7.55%) + D(69.2k)/V(1.42b) * Rd(4.93%) * (1-Tc(0.21)))
Discount Rate = 7.55% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 100.0 | Cagr: 12.14%
Fair Price DCF = unknown (Cash Flow -53.9m)
EPS Correlation: 70.92 | EPS CAGR: 6.99% | SUE: 0.0 | # QB: 0
Revenue Correlation: N/A | Revenue CAGR: 0.0% | SUE: 0.0 | # QB: 0
Additional Sources for NFGC Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle