---
title: "New Found Gold Corp. (NFGC.US)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/NFGC.US.md"
symbol: "NFGC.US"
name: "New Found Gold Corp."
industry: "Gold"
datetime: "2026-06-10T02:40:29.888Z"
locales:
  - [en](https://longbridge.com/en/quote/NFGC.US.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/NFGC.US.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/NFGC.US.md)
---

# New Found Gold Corp. (NFGC.US)

## Company Overview

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 7,018 claims covering an area of 175,600 hectares located near Gander, Newfoundland; and the Kingsway project located in Gander, Newfoundland. The company was formerly known as Palisade Resources Corp.

| Item | Detail |
|------|--------|
| Industry | Gold |
| Exchange | US Market |
| Website | [newfoundgold.ca](https://newfoundgold.ca) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: C
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-06-09T04:30:16.000Z

**Overall: C (0.59)**

**Industry**: Gold

| Metric | Value |
|--------|-------|
| Industry Ranking | 44 / 51 |
| Industry Median | B |
| Industry Average | B |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

**Multi Score**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 0.00% |  |
| Net Profit YoY | -27.01% |  |
| P/B Ratio | 1.90 |  |
| Dividend Ratio | 0.00% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 552340078.40 |  |
| Revenue | 11381566.50 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | -24.93% | E |
| Profit Margin | -367.92% | E |
| Gross Margin | 14.53% | D |
| Revenue YoY | 0.00% | D |
| Net Profit YoY | -27.01% | D |
| Total Assets YoY | 767.91% | A |
| Net Assets YoY | 622.56% | A |
| Cash Flow Margin | 110.89% | C |
| OCF YoY | 0.00% | D |
| Turnover | 0.05 | E |
| Gearing Ratio | 22.19% | A |

```chart-data:radar
{
  "title": "Longbridge Financial Score - New Found Gold Corp.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "0.00%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-27.01%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "1.90",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.00%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "552340078.40",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "11381566.50",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "-24.93%",
          "rating": "E"
        },
        {
          "name": "Profit Margin",
          "value": "-367.92%",
          "rating": "E"
        },
        {
          "name": "Gross Margin",
          "value": "14.53%",
          "rating": "D"
        },
        {
          "name": "Revenue YoY",
          "value": "0.00%",
          "rating": "D"
        },
        {
          "name": "Net Profit YoY",
          "value": "-27.01%",
          "rating": "D"
        },
        {
          "name": "Total Assets YoY",
          "value": "767.91%",
          "rating": "A"
        },
        {
          "name": "Net Assets YoY",
          "value": "622.56%",
          "rating": "A"
        },
        {
          "name": "Cash Flow Margin",
          "value": "110.89%",
          "rating": "C"
        },
        {
          "name": "OCF YoY",
          "value": "0.00%",
          "rating": "D"
        },
        {
          "name": "Turnover",
          "value": "0.05",
          "rating": "E"
        },
        {
          "name": "Gearing Ratio",
          "value": "22.19%",
          "rating": "A"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | -12.78 | 42/51 | - | - | - |
| PB | 1.84 | 16/51 | 10.28 | 8.30 | 2.61 |
| PS (TTM) | 47.01 | 42/51 | 173.31 | 158.71 | 59.75 |
| Dividend Yield | 0.00% | - | - | - | - |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | AngloGold Ashanti (AU.US) | A | A | B | B | A | A |
| 02 | Mako Mining (MAKO.US) | A | A | A | B | B | A |
| 03 | OceanaGold (OGC.US) | A | A | B | B | A | A |
| 04 | Newmont (NEM.US) | A | B | C | B | B | B |
| 05 | Agnico Eagle Mines (AEM.US) | A | A | C | B | B | B |

## Institutional View

### Analyst Rating Distribution

> As of 2026-05-04T04:00:00.000Z

Total Analysts: **1**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 1 | 100% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 1.55 |
| Highest Target | 5.00 |
| Lowest Target | 5.00 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/NFGC.US/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/NFGC.US/norm.md)
- [Related News](https://longbridge.com/en/quote/NFGC.US/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/NFGC.US/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**