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

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

4.13 CAD
-0.27 (-6.14%)
Last: 1/13/2026, 7:00:00 PM
Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to NFG. NFG was compared to 813 industry peers in the Metals & Mining industry. NFG scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. NFG is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

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1

1. Profitability

1.1 Basic Checks

NFG had negative earnings in the past year.
In the past year NFG has reported a negative cash flow from operations.
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's Return On Assets of -38.23% is in line compared to the rest of the industry. NFG outperforms 41.21% of its industry peers.
NFG's Return On Equity of -45.25% is in line compared to the rest of the industry. NFG outperforms 47.23% of its industry peers.
Industry RankSector Rank
ROA -38.23%
ROE -45.25%
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

The number of shares outstanding for NFG has been increased compared to 1 year ago.
The number of shares outstanding for NFG has been increased compared to 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 43.31 indicates that NFG is not in any danger for bankruptcy at the moment.
NFG has a better Altman-Z score (43.31) than 80.69% of its industry peers.
A Debt/Equity ratio of 0.00 indicates that NFG is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.00, NFG perfoms like the industry average, outperforming 55.97% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 43.31
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 4.04. This indicates that NFG is financially healthy and has no problem in meeting its short term obligations.
NFG has a Current ratio of 4.04. This is in the better half of the industry: NFG outperforms 68.51% of its industry peers.
NFG has a Quick Ratio of 4.04. This indicates that NFG is financially healthy and has no problem in meeting its short term obligations.
NFG's Quick ratio of 4.04 is fine compared to the rest of the industry. NFG outperforms 69.25% of its industry peers.
Industry RankSector Rank
Current Ratio 4.04
Quick Ratio 4.04
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 24.14% over the past year.
EPS 1Y (TTM)24.14%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A

3.2 Future

NFG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.87% yearly.
Based on estimates for the next years, NFG will show a very strong growth in Revenue. The Revenue will grow by 333.77% on average per year.
EPS Next Y38.6%
EPS Next 2Y83.49%
EPS Next 3Y40.15%
EPS Next 5Y14.87%
Revenue Next Year600%
Revenue Next 2Y1084.34%
Revenue Next 3Y510.97%
Revenue Next 5Y333.77%

3.3 Evolution

NFG.CA Yearly Revenue VS EstimatesNFG.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2022 2024 2025 2026 2027 2028 100M 200M 300M 400M 500M
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

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4

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for NFG. In the last year negative earnings were reported.
Based on the Price/Forward Earnings ratio of 11.62, the valuation of NFG can be described as reasonable.
92.87% of the companies in the same industry are more expensive than NFG, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.04, NFG is valued rather cheaply.
Industry RankSector Rank
PE N/A
Fwd PE 11.62
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 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 low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as NFG's earnings are expected to grow with 40.15% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y83.49%
EPS Next 3Y40.15%

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0

5. Dividend

5.1 Amount

No dividends for NFG!.
Industry RankSector Rank
Dividend Yield 0%

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NEW FOUND GOLD CORP

TSX-V:NFG (1/13/2026, 7:00:00 PM)

4.13

-0.27 (-6.14%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)11-07 2025-11-07/bmo
Earnings (Next)03-19 2026-03-19/amc
Inst Owners8.14%
Inst Owner ChangeN/A
Ins Owners0.63%
Ins Owner ChangeN/A
Market Cap1.39B
Revenue(TTM)N/A
Net Income(TTM)-45.85M
Analysts83.33
Price Target4.65 (12.59%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
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)0
Avg EPS beat(2)-33.5%
Min EPS beat(2)-45.63%
Max EPS beat(2)-21.36%
EPS beat(4)2
Avg EPS beat(4)-9.9%
Min EPS beat(4)-45.63%
Max EPS beat(4)24.49%
EPS beat(8)3
Avg EPS beat(8)-21.02%
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)4.29%
PT rev (3m)13.35%
EPS NQ rev (1m)0%
EPS NQ rev (3m)75%
EPS NY rev (1m)0%
EPS NY rev (3m)-24%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 11.62
P/S N/A
P/FCF N/A
P/OCF N/A
P/B 13.75
P/tB 13.75
EV/EBITDA N/A
EPS(TTM)-0.22
EYN/A
EPS(NY)0.36
Fwd EY8.6%
FCF(TTM)-0.16
FCFYN/A
OCF(TTM)-0.15
OCFYN/A
SpS0
BVpS0.3
TBVpS0.3
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -38.23%
ROE -45.25%
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 359.82%
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 4.04
Quick Ratio 4.04
Altman-Z 43.31
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)24.14%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
EPS Next Y38.6%
EPS Next 2Y83.49%
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 Year600%
Revenue Next 2Y1084.34%
Revenue Next 3Y510.97%
Revenue Next 5Y333.77%
EBIT growth 1Y15.93%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year41.1%
EBIT Next 3Y64.05%
EBIT Next 5Y14.87%
FCF growth 1Y45.74%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y47.07%
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 3 / 10 to NFG.CA.


What is the valuation status for NFG stock?

ChartMill assigns a valuation rating of 4 / 10 to NEW FOUND GOLD CORP (NFG.CA). This can be considered as Fairly Valued.


What is the profitability of NFG stock?

NEW FOUND GOLD CORP (NFG.CA) has a profitability rating of 1 / 10.


How financially healthy is NEW FOUND GOLD CORP?

The financial health rating of NEW FOUND GOLD CORP (NFG.CA) is 5 / 10.