Plutux
$1.89
+2.16%
2026-09-03 16:00:00 EDT+$0.04
Basic Materials
Gold
AMEX
Active Trading

New Found Gold Corp. operates as a mining exploration company, primarily engaged in identifying, acquiring, and investigating mineral properties, with a specific ...

Price Action

$1.89
+2.16%+$0.04
High
Low
52W High-47.4%
Rel. vol
Interval
Range5.7h
VolumeSMA5SMA10
New Found Gold Corp. (NYSE-A: NFGC; also known via TSXV listings) is a Canadian basic-materials company dedicated to the identification, evaluation, acquisition, and exploration of mineral properties with a primary emphasis on gold. The company operates with a project-centered strategy: it concentrates technical work and capital allocation on advancing its ...New Found Gold Corp. (NYSE-A: NFGC; also known via TSXV listings) is a Canadian basic-materials company dedicated to the identification, evaluation, acquisition, and exploration of mineral properties with a primary emphasis on gold. The company operates with a project-centered strategy: it concentrates technical work and capital allocation on advancing its core assets toward resource definition and, ultimately, feasibility and development. Business and operations: The company’s activities are typical of an exploration and early-development gold producer. This includes grassroots-to-advanced exploration programs, geological modeling, sampling and drilling, metallurgical studies, and ongoing evaluation of orebody potential. It maintains an active pipeline of mineral licenses/claims and acquisitions that can expand the resource base and improve mine-shape optionality over time. Key projects and geography: New Found Gold’s primary asset is the Queensway Gold Project near Gander in Newfoundland and Labrador, where the company holds a large land position covering extensive hectares through numerous mineral licenses and claims. In addition, it has the Lucky Strike project in Kirkland Lake, Ontario. These projects give the company a footprint across two of Canada’s major gold-bearing regions, supporting diversified exploration and development prospects while keeping technical efforts focused on gold targets. Cost/financial profile (high level): Like many exploration-stage mining companies, New Found Gold’s economics depend heavily on continued exploration funding, progress toward resource upgrades, and the transition from studies and drilling to development milestones. Reported valuation and profitability indicators from market data suggest the business is still in a growth and investment phase rather than generating sustained positive operating earnings, with cash flows tied to ongoing programs and expenditures. Products/services and value creation: Although it is not yet a mature producer in the way of established gold miners, New Found Gold “produces” value through geological discovery and project advancement—turning exploration results into measured/indicated resources, improving project economics, and preparing the technical foundation required for permitting and construction. The company’s work supports prospective pathways from exploration to an emerging Canadian gold producer profile. Key people and leadership: Keith Boyle serves as Chief Executive Officer (appointed in January 2025 per the provided sources). Leadership with mining experience supports the company’s stated objective of progressing from early-stage exploration toward production. Wishes and forward priorities: The near-to-medium-term priority is consistent advancement of the Queensway and Ontario assets through exploration drilling, resource/grade optimization, and project studies that strengthen the case for eventual development. Shareholders and stakeholders typically look for tangible milestone delivery—resource growth, improved economics, and reduced technical/regulatory uncertainty—as the company moves along the value chain.
Founded
2016
Employees
138
CEO
Keith Boyle
Full Name
New Found Gold Corp.
Sector
Basic Materials
Industry
Gold
ROE
-16.25%
Market Cap
$0.46B
Current Ratio
5.36
WACC
12.33%
ROIC
-9.70%

Contact Information

+1 844 660 6644
1133 Melville Street, Vancouver, BC V6E 4E5

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