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New Found Gold Corp. (NFGC)

Basic Materials | Gold | Vancouver, Canada | NYSE American
2.16 USD +0.07 (3.349%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 2.20 +0.04 (1.852%) ⇧ (April 17, 2026, 7:55 p.m. EDT)

Short-term: ★★★☆☆ | Long-term: ★☆☆☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 19, 2026, 12:53 a.m. EDT

Despite deteriorating fundamentals with negative earnings, OCF, and free cash flow, the technical setup suggests a 'rebound rally' play rather than an investment. With the price approaching the 200-day average (2.28) and significant options support (especially calls) at $2.50, the speculator sentiment is aggressively bullish in the near term. However, long-term prospects are rated low due to the lack of dividends, high volatility, and operational losses making it a speculative hold at best.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.230415
AutoETS0.251084
AutoARIMA0.251088
MSTL0.259444

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 42%
H-stat 24.80
Ljung-Box p 0.000
Jarque-Bera p 0.199
Excess Kurtosis -1.13
Attribute Value
Sector Basic Materials
Debt to Equity Ratio 0.272
Revenue per Share 0.025
Market Cap 756,348,800
Forward P/E -9.00
Beta 1.94
Website https://newfoundgold.ca

As of April 19, 2026, 12:53 a.m. EDT: Options flow shows a distinctly bullish skew. For the May 15 and July 17 expirations, Call Open Interest (OI) heavily outweighs Put OI, particularly at the 2.5 strike (a 'Top OI' level) for both expiration dates. July 17 calls show massive OI concentration (17.1k vs 187 puts), while experienced put OI remains minimal. The 5.0 strike sees significant call positioning on the July and October charts, indicating speculators are pricing in significant upside potential above the current price.


Info Dump

Attribute Value
52 Week Change 0.77049184
Address1 1,055 West Georgia Street
Address2 Suite 2129
All Time High 12.0
All Time Low 0.926
Ask 2.25
Ask Size 12,300
Average Daily Volume10 Day 1,223,010
Average Daily Volume3 Month 2,162,229
Average Volume 2,162,229
Average Volume10Days 1,223,010
Beta 1.943
Bid 2.1
Bid Size 19,800
Book Value 0.8883731
City Vancouver
Compensation As Of Epoch Date 1,767,139,200
Country Canada
Crypto Tradeable 0
Currency USD
Current Price 2.16
Current Ratio 3.887
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 2.245
Day Low 2.13
Debt To Equity 0.272
Display Name New Found Gold
Earnings Timestamp End 1,778,616,000
Earnings Timestamp Start 1,778,616,000
Ebitda -58,375,828
Ebitda Margins 0.0
Enterprise To Ebitda -11.633
Enterprise To Revenue 116.94
Enterprise Value 679,066,176
Eps Forward -0.24
Eps Trailing Twelve Months -0.15
Esg Populated 0
Exchange ASE
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 2.3426
Fifty Day Average Change -0.18260002
Fifty Day Average Change Percent -0.07794759
Fifty Two Week Change Percent 77.04919
Fifty Two Week High 3.59
Fifty Two Week High Change -1.4299998
Fifty Two Week High Change Percent -0.39832866
Fifty Two Week Low 1.069
Fifty Two Week Low Change 1.0910001
Fifty Two Week Low Change Percent 1.02058
Fifty Two Week Range 1.069 - 3.59
Financial Currency CAD
First Trade Date Milliseconds 1,600,090,200,000
Float Shares 233,574,263
Forward Eps -0.24
Forward P E -9.000001
Free Cashflow -26,733,640
Full Exchange Name NYSE American
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.02036
Gross Profits 118,255
Has Pre Post Market Data 1
Held Percent Insiders 0.32271
Held Percent Institutions 0.13826
Implied Shares Outstanding 350,161,461
Industry Gold
Industry Disp Gold
Industry Key gold
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary 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 7,024 claims covering an area of 175,600 hectares located near Gander, Newfoundland; the Kingsway project located in Gander, Newfoundland; and the Mustang Property consisting of 3 mineral licenses. 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.
Long Name New Found Gold Corp.
Market us_market
Market Cap 756,348,800
Market State CLOSED
Max Age 86,400
Message Board Id finmb_547134851
Most Recent Quarter 1,767,139,200
Net Income To Common -47,572,620
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 745,771,959
Number Of Analyst Opinions 1
Open 2.15
Operating Cashflow -55,147,268
Operating Margins -3.6247199
Payout Ratio 0.0
Phone 604 977 3214
Post Market Change 0.03999996
Post Market Change Percent 1.85185
Post Market Price 2.2
Post Market Time 1,776,470,153
Previous Close 2.09
Price Hint 4
Price To Book 2.431411
Price To Sales Trailing12 Months 130.24838
Profit Margins 0.0
Quick Ratio 3.325
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.0700002
Regular Market Change Percent 3.34929
Regular Market Day High 2.245
Regular Market Day Low 2.13
Regular Market Day Range 2.13 - 2.245
Regular Market Open 2.15
Regular Market Previous Close 2.09
Regular Market Price 2.16
Regular Market Time 1,776,456,000
Regular Market Volume 1,261,787
Return On Assets -0.12129
Return On Equity -0.19590999
Revenue Per Share 0.025
Sand P52 Week Change 0.38150132
Sector Basic Materials
Sector Disp Basic Materials
Sector Key basic-materials
Shares Outstanding 345,212,549
Shares Percent Shares Out 0.016
Shares Short 4,316,228
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 3,853,568
Short Name New Found Gold Corp
Short Ratio 2.43
Source Interval 15
State BC
Symbol NFGC
Target High Price 5.0
Target Low Price 5.0
Target Mean Price 5.0
Target Median Price 5.0
Total Cash 67,734,256
Total Cash Per Share 0.196
Total Debt 1,141,346
Total Revenue 5,806,973
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.15
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 2.2818
Two Hundred Day Average Change -0.121799946
Two Hundred Day Average Change Percent -0.053378887
Type Disp Equity
Volume 1,261,787
Website https://newfoundgold.ca
Zip V6E 3P2