New Found Gold Corp NFGC

$1.57 +0.03 (1.95%)

Valuation

Market cap
605,675,000
Revenue TTM
$4,160,000
Net income TTM
$-34,050,000
PE ratio
0.00
Forward PE
—
Profit margin
-818.51%
Debt to equity
0.12

Trading

Volume
569,200
Avg volume
1,202,930
Day's range
$1.56 – $1.60
Shares out
385,780,000
Stochastic %K
33%
Beta
1.46
Analysts
Strong Sell
Price target
$3.91

Price

Company profile

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, Newfoundla...

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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. 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.

Industry
Gold
Sector
Basic Materials
Phone
604 631 3300
Website
https://newfoundgold.ca
Address
1133 Melville Street, Suite 3500, Vancouver, Canada

Latest news

Stocktwits

Fingolfin7 Oct 8, 5:22 PM 0 replies
LewisIntegrated Oct 8, 12:02 PM
$NFGC don't know how to feel about it
0 replies
Fingolfin7 Oct 6, 12:29 PM 0 replies
B2iDigital Oct 5, 7:07 PM
Renforth Resources Inc. (CSE: $RFR.CSE | OTC: RFHRF) has released results from three holes, 1,011 m in total, completed in July 2026 at its wholly owned Victoria polymetallic nickel deposit in Québec to test the down-dip continuity of mineralization beneath the open pit that constrains the September 2025 Mineral Resource Estimate. Renforth Resources Inc. is a B2i Digital Featured Company. See the company's in-depth profile at: https://b2idigital.com/renforth-resources-1 All three holes intersected broad nickel-cobalt intervals in the ultramafic host along with zinc-copper-silver zones, reported as downhole core lengths with true widths not known: • SUR-26-58 returned 118.0 m of 0.081% Ni and 62 ppm Co from 161.0 m, and ended in nickel mineralization with 26.5 m of 0.088% Ni from 363.5 m to 390.0 m, not closed off at depth • SUR-26-59 returned 44.0 m of 0.080% Ni and 0.116% Zn from 186.0 m, including 6.2 m of 0.433% Zn • SUR-26-60 returned 10.9 m of 0.544% Zn, 0.079% Cu and 0.51 g/t Ag from 17.1 m, and 59.15 m of 0.086% Ni from 201.85 m Nicole Brewster, President and CEO of Renforth, placed the results in the context of processing work at Victoria, citing initial testing at TOMRA, announced in October 2024, and a research collaboration with Queen's University that is evaluating heap leaching. Regarding the new holes, she stated: "These holes confirm that mineralization continues below the resource pit and add to the data we need to define a processing route." Read the full release: https://www.thenewswire.com/press-releases/1knDFylKQ-renforth-intersects-broad-nickel-cobalt-and-zinc-copper-silver-mineralization-in-victoria-undercut-drilling-including-118-0-m-of-0-081-ni-and-10-9-m-of-0-544-zn.html The holes were designed to confirm continuity within and immediately below the resource area and did so successfully, and the results have been provided to P&E Mining Consultants Inc. The Victoria Mineral Resource Estimate (P&E Mining Consultants Inc., effective September 26, 2025) comprises an Inferred Mineral Resource of 125 Mt at 0.15% NiEq. Mineral resources are not mineral reserves and do not have demonstrated economic viability. Technical and exploration information in the release was reviewed and approved by Francis R. Newton, P. Geo. OGQ, an independent qualified person as defined by NI 43-101. Renforth Resources Inc. (CSE: RFR | OTC: RFHRF | FSE: 9RR) is a Canadian junior gold and critical minerals resource company focused on advancing the Parbec gold deposit in the prolific Abitibi region of Québec to the point where Renforth can monetize Parbec in order to develop Renforth's Victoria nickel focussed bulk tonnage polymetallic deposit. Parbec is strategically located immediately adjacent to Agnico Eagle Mines Limited's (TSX: AEM | NYSE: AEM) Canadian Malartic complex, one of the largest open-pit gold mines in Canada. Renforth's Victoria Ni/Cu/Co/Zn polymetallic deposit is also contiguous to Canadian Malartic, with a resource declared over only 12% of the ~20km length of the mineralized structure, forming part of a wholly owned district scale property with several mineralized occurrences. Discover more Featured Companies, Featured Experts, and upcoming Featured Conferences at b2idigital.com. B2i Digital is not a broker-dealer or investment adviser. This post is informational and not an offer or solicitation regarding any security. See the complete Disclosure at https://b2idigital.com/disclaimer. $NFGC, $ITRG, $WRLGF, $GDXJ
1 replies
Fingolfin7 Oct 5, 9:38 AM
$NFGC 🏆
0 replies
B2iDigital Oct 2, 6:52 PM
Renforth Resources Inc. (CSE: $RFR.CSE | OTC: RFHRF) has launched a research collaboration with Queen’s University’s Robert M. Buchan Department of Mining to evaluate a hydrometallurgical process for recovering critical metals from its wholly owned Victoria nickel sulphide polymetallic deposit near Malartic, Québec, while sequestering carbon dioxide. Testwork has commenced, and results will be reported as they become available. Renforth Resources Inc. is a B2i Digital Featured Company. See the company’s in-depth profile at: https://b2idigital.com/renforth-resources-1 The program applies a patent-pending process developed by Dr. Fei Wang of Queen’s and co-inventor Dr. David Dreisinger to Victoria material: • Bench-scale and column leach testing, with coarse-material columns simulating heap leaching • Designed to selectively recover nickel and cobalt, including nickel held in pyrrhotite, plus copper and zinc, directly from low-grade sulphide material • Magnesium- and iron-bearing minerals in Victoria’s ultramafic host rock converted to stable carbonates, capturing CO₂ from air as part of the process • A techno-economic analysis and life cycle assessment Regarding the collaboration, Nicole Brewster, President and CEO of Renforth, stated: “Victoria is a large, multi-metal deposit, and understanding how best to recover each of those metals is the key question for its future. Dr. Wang’s process goes straight at one of the more challenging parts of that question, the nickel held in pyrrhotite, and does it while locking away carbon.” Read the full release: https://www.thenewswire.com/press-releases/1LPRFgvPP-renforth-resources-launches-research-collaboration-with-queen-s-university-on-low-carbon-recovery-of-critical-metals-from-the-victoria-deposit.html Victoria hosts an Inferred Mineral Resource of 125 Mt containing 331 Mlb nickel, 220 Mlb zinc, 55 Mlb copper, 28 Mlb cobalt and 1.53 Moz silver (P&E Mining Consultants Inc., effective September 26, 2025). Earlier mineralogical work showed that a portion of Victoria’s nickel is carried in pyrrhotite, a form conventional flotation typically does not recover, which is the material the Queen’s process is designed to leach directly. Mineral resources are not mineral reserves and do not have demonstrated economic viability, and all resources at Victoria are classified as Inferred. The process is the subject of patent applications by Dr. Wang and Dr. Dreisinger, and Renforth and Queen’s University are finalizing a research agreement that addresses intellectual property arising from the collaboration. Technical information in the release relating to the Victoria deposit was reviewed and approved by Francis Newton, P.Geo. OGQ, an Independent Qualified Person as defined by National Instrument 43-101. Renforth Resources Inc. (CSE: RFR | OTC: RFHRF | FSE: 9RR) is a Canadian junior gold exploration company focused on advancing the Parbec gold deposit in the prolific Abitibi region of Québec. Parbec is strategically located immediately adjacent to Agnico Eagle Mines Limited’s (TSX: AEM | NYSE: AEM) Canadian Malartic complex, one of the largest open-pit gold mines in Canada. The Company also holds the Victoria Ni/Cu/Co polymetallic deposit. Learn more at https://renforthresources.com. Discover more Featured Companies, Featured Experts, and upcoming Featured Conferences at b2idigital.com. B2i Digital is not a broker-dealer or investment adviser. This post is informational and not an offer or solicitation regarding any security. See the complete Disclosure at https://b2idigital.com/disclaimer. $NFGC, $ITRG, $WRLGF, $GDXJ
1 replies
corelade7 Oct 2, 5:36 PM
$NFGC Bought a chunk now for my future self in a few years
0 replies
Fingolfin7 Sep 27, 2:44 PM 0 replies