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NEW FOUND GOLD CORP (NFG.CA) Stock Fundamental Analysis

Canada - TSX-V:NFG - CA64440N1033 - Common Stock

2.96 CAD
-0.22 (-6.92%)
Last: 11/20/2025, 7:00:00 PM
Fundamental Rating

2

NFG gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 799 industry peers in the Metals & Mining industry. The financial health of NFG is average, but there are quite some concerns on its profitability. NFG does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

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0

1. Profitability

1.1 Basic Checks

NFG had negative earnings in the past year.
NFG had a negative operating cash flow in the past year.
NFG had negative earnings in each of the past 5 years.
In the past 5 years NFG always reported negative operating cash flow.
NFG.CA Yearly Net Income VS EBIT VS OCF VS FCFNFG.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 2024 -20M -40M -60M -80M -100M

1.2 Ratios

NFG has a Return On Assets of -39.33%. This is in the lower half of the industry: NFG underperforms 60.33% of its industry peers.
NFG has a Return On Equity of -48.25%. This is comparable to the rest of the industry: NFG outperforms 44.56% of its industry peers.
Industry RankSector Rank
ROA -39.33%
ROE -48.25%
ROIC N/A
ROA(3y)-81.22%
ROA(5y)-64.42%
ROE(3y)-101.76%
ROE(5y)-78.24%
ROIC(3y)N/A
ROIC(5y)N/A
NFG.CA Yearly ROA, ROE, ROICNFG.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 2024 -50 -100 -150 -200

1.3 Margins

The Profit Margin and Operating Margin and Gross Margin are not available for NFG so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
NFG.CA Yearly Profit, Operating, Gross MarginsNFG.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024

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5

2. Health

2.1 Basic Checks

Compared to 1 year ago, NFG has more shares outstanding
NFG has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, NFG has an improved debt to assets ratio.
NFG.CA Yearly Shares OutstandingNFG.CA Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M
NFG.CA Yearly Total Debt VS Total AssetsNFG.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 2024 50M 100M

2.2 Solvency

An Altman-Z score of 15.98 indicates that NFG is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 15.98, NFG is in the better half of the industry, outperforming 72.84% of the companies in the same industry.
A Debt/Equity ratio of 0.00 indicates that NFG is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.00, NFG is in line with its industry, outperforming 55.44% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 15.98
ROIC/WACCN/A
WACCN/A
NFG.CA Yearly LT Debt VS Equity VS FCFNFG.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 2024 0 50M -50M 100M -100M

2.3 Liquidity

NFG has a Current Ratio of 3.32. This indicates that NFG is financially healthy and has no problem in meeting its short term obligations.
NFG has a better Current ratio (3.32) than 62.58% of its industry peers.
A Quick Ratio of 3.32 indicates that NFG has no problem at all paying its short term obligations.
NFG has a Quick ratio of 3.32. This is in the better half of the industry: NFG outperforms 63.20% of its industry peers.
Industry RankSector Rank
Current Ratio 3.32
Quick Ratio 3.32
NFG.CA Yearly Current Assets VS Current LiabilitesNFG.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M

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3

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 38.89% over the past year.
EPS 1Y (TTM)38.89%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%16.67%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A

3.2 Future

The Earnings Per Share is expected to grow by 14.87% on average over the next years. This is quite good.
NFG is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 304.58% yearly.
EPS Next Y50.48%
EPS Next 2Y23.48%
EPS Next 3Y40.15%
EPS Next 5Y14.87%
Revenue Next Year-100%
Revenue Next 2Y-41.42%
Revenue Next 3Y410.19%
Revenue Next 5Y304.58%

3.3 Evolution

NFG.CA Yearly Revenue VS EstimatesNFG.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2022 2024 2027 2028 100M 200M 300M 400M
NFG.CA Yearly EPS VS EstimatesNFG.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 0.2 -0.2 0.4 -0.4 0.6

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1

4. Valuation

4.1 Price/Earnings Ratio

NFG reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for NFG. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
NFG.CA Price Earnings VS Forward Price EarningsNFG.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 -10 20 -20 30

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
NFG.CA Per share dataNFG.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.1 -0.1 0.2 -0.2 0.3

4.3 Compensation for Growth

NFG's earnings are expected to grow with 40.15% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y23.48%
EPS Next 3Y40.15%

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0

5. Dividend

5.1 Amount

No dividends for NFG!.
Industry RankSector Rank
Dividend Yield N/A

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NEW FOUND GOLD CORP

TSX-V:NFG (11/20/2025, 7:00:00 PM)

2.96

-0.22 (-6.92%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)08-08 2025-08-08/bmo
Earnings (Next)11-18 2025-11-18
Inst Owners7.32%
Inst Owner ChangeN/A
Ins Owners0.87%
Ins Owner ChangeN/A
Market Cap719.40M
Revenue(TTM)N/A
Net Income(TTM)-44.49M
Analysts83.08
Price Target4.11 (38.85%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-9.22%
Min EPS beat(2)-21.36%
Max EPS beat(2)2.91%
EPS beat(4)2
Avg EPS beat(4)-5.85%
Min EPS beat(4)-29.45%
Max EPS beat(4)24.49%
EPS beat(8)3
Avg EPS beat(8)-18.59%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)4.89%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)28.57%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S N/A
P/FCF N/A
P/OCF N/A
P/B 7.8
P/tB 7.8
EV/EBITDA N/A
EPS(TTM)-0.22
EYN/A
EPS(NY)-0.12
Fwd EYN/A
FCF(TTM)-0.22
FCFYN/A
OCF(TTM)-0.2
OCFYN/A
SpS0
BVpS0.38
TBVpS0.38
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -39.33%
ROE -48.25%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)-81.22%
ROA(5y)-64.42%
ROE(3y)-101.76%
ROE(5y)-78.24%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 631.57%
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 3.32
Quick Ratio 3.32
Altman-Z 15.98
F-Score4
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)455.56%
Cap/Depr(5y)707.74%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)38.89%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%16.67%
EPS Next Y50.48%
EPS Next 2Y23.48%
EPS Next 3Y40.15%
EPS Next 5Y14.87%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next Year-100%
Revenue Next 2Y-41.42%
Revenue Next 3Y410.19%
Revenue Next 5Y304.58%
EBIT growth 1Y34.49%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year61.31%
EBIT Next 3Y51.12%
EBIT Next 5Y14.87%
FCF growth 1Y44.11%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y47.67%
OCF growth 3YN/A
OCF growth 5YN/A

NEW FOUND GOLD CORP / NFG.CA FAQ

What is the ChartMill fundamental rating of NEW FOUND GOLD CORP (NFG.CA) stock?

ChartMill assigns a fundamental rating of 2 / 10 to NFG.CA.


What is the valuation status of NEW FOUND GOLD CORP (NFG.CA) stock?

ChartMill assigns a valuation rating of 1 / 10 to NEW FOUND GOLD CORP (NFG.CA). This can be considered as Overvalued.


How profitable is NEW FOUND GOLD CORP (NFG.CA) stock?

NEW FOUND GOLD CORP (NFG.CA) has a profitability rating of 0 / 10.