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New Found Gold Corp

TSX • Basic Materials • Gold • Quote as of 10/27/2026 16:00
New Found Gold Corp stock price and volume chart

Company Profile

IndustryGold
SectorBasic Materials
ExchangeTSX
Market Capitalization845.59 mln
Float240 mln
Earnings Date11/11/2026

Piotroski F-Score

4 / 9
Borderline

1-Year Forecast

5.00
Transformational upside

Relative Strength

99 / 100
Top performer

Debt / Equity

0.13
Very low leverage

Pre-Tax Margin

-187%
Severely loss-making

ROE

-19.37
Negative

Business Description

New Found Gold Corp. is a Canadian mineral exploration company focused on finding and developing gold deposits in Newfoundland and Labrador. Its primary asset is the Queensway project, a large landholding of over 175,000 hectares near Gander, Newfoundland, complemented by the nearby Kingsway project. Founded in 2016 and based in Vancouver, the company was previously called Palisade Resources Corp. before adopting its current name in 2017.

Key Fundamentals

EPS-0.23
ROE-19.37
RPS0.12
ROIC-23.71
ROA-14.81
EBITDA, mln-56.37
EV / EBITDA-11.40
EV / EBIT-11.18
Revenue, mln31.42
EV / Revenue20.46

Quote Details

Last 2.45
Change 0.22 (9.87%)
Open 2.25
Volume 984,829
Turnover 2,412,831
Average Volume 359,590

Financial Ratios

Pre-Tax Profit Margin-187
Current Ratio5.36
Price / Book1.80
Price / Tangible Book2.38
Debt / Equity0.13
Price / Sales21.64

Financial Strength

Altman Z-Score2.11
Piotroski F-Score 4 / 9
1-Year Target Price5.00
Short Ratio15.48

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week 5.15% 95 / 100   
1 Month -1.61% 40 / 100   



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