# New Found Gold Corp (NFGC) fundamentals

Data as of 2026-09-08. AMEX, United States. Sector: Basic Materials / Metals & Mining. Price $1.81, market value $696 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). New Found Gold Corp reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 165.6×**. Each dollar of revenue is priced at 165.6×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 1.9×**. The shares trade at 1.9× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: -8.7%** (5-yr avg -13.4%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 2.0%**. New Found Gold Corp keeps 2.0% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Net margin: -819.2%**. The company reported a net loss over the last twelve months.
- **Return on equity: -11.4%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -16.7%**. Return on all capital, debt included, is -16.7%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -8.9%**. Each dollar of assets produces -8.9% of profit.

## Growth
- **EPS growth (1 yr): 23.1%**. Earnings per share rose 23.1%.

## Financial health
- **Debt to equity: 0.00**. Debt is 0.00 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 1.4×**. It would take 1.4 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: -525.9×**. Operating profit covers interest only -525.9×: fragile.
- **Current ratio: 3.89** (quick 3.48). Current assets cover the next year's liabilities 3.89 times.
- **Altman Z-score: 4.45**. A Z-score of 4.45 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 1/9**. 1 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. New Found Gold Corp does not currently pay a dividend.

## Analyst view
- **Analyst consensus: strong_buy** (1 analyst). 1 analysts cover New Found Gold Corp; the consensus is strong_buy, with an average price target of $5.00 (+176% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -4.2%** (YTD -39.1%, 3-mo 11.7%). The shares are down 4.2% over twelve months including dividends.
- **From 52-week high: -49.6%** (35.1% above the low). Trading 50% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 53**. An RSI of 53 is neutral.
- **Beta (1 yr): 2.14** (volatility 74%). Beta of 2.14 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=NFGC · Page: https://foliofundamentals.com/stocks/nfgc

Not investment advice.