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

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

3.93 CAD
+0.08 (+2.08%)
Last: 12/12/2025, 7:00:00 PM
Fundamental Rating

3

We assign a fundamental rating of 3 out of 10 to NFG. NFG was compared to 803 industry peers in the Metals & Mining industry. The financial health of NFG is average, but there are quite some concerns on its profitability. NFG has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

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0

1. Profitability

1.1 Basic Checks

In the past year NFG has reported negative net income.
NFG had a negative operating cash flow in the past year.
In the past 5 years NFG always reported negative net income.
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

The Return On Assets of NFG (-38.23%) is worse than 60.40% of its industry peers.
With a Return On Equity value of -45.25%, NFG perfoms like the industry average, outperforming 45.45% of the companies in the same industry.
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

NFG has more shares outstanding than it did 1 year ago.
The number of shares outstanding for NFG has been increased compared to 5 years ago.
NFG has a better debt/assets ratio than last year.
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 37.98 indicates that NFG is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 37.98, NFG is in the better half of the industry, outperforming 79.33% of the companies in the same industry.
NFG has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
NFG has a Debt to Equity ratio (0.00) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 37.98
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 4.04. This indicates that NFG is financially healthy and has no problem in meeting its short term obligations.
With a decent Current ratio value of 4.04, NFG is doing good in the industry, outperforming 67.25% of the companies in the same industry.
A Quick Ratio of 4.04 indicates that NFG has no problem at all paying its short term obligations.
The Quick ratio of NFG (4.04) is better than 68.37% 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.
NFG is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 333.77% yearly.
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

NFG reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
The Price/Forward Earnings ratio is 11.06, which indicates a very decent valuation of NFG.
Compared to the rest of the industry, the Price/Forward Earnings ratio of NFG indicates a rather cheap valuation: NFG is cheaper than 93.28% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.78. NFG is valued rather cheaply when compared to this.
Industry RankSector Rank
PE N/A
Fwd PE 11.06
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

NFG does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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NEW FOUND GOLD CORP

TSX-V:NFG (12/12/2025, 7:00:00 PM)

3.93

+0.08 (+2.08%)

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 Owners7.47%
Inst Owner ChangeN/A
Ins Owners0.64%
Ins Owner ChangeN/A
Market Cap1.33B
Revenue(TTM)N/A
Net Income(TTM)-45.85M
Analysts83.08
Price Target4.46 (13.49%)
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)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)8.7%
PT rev (3m)14.01%
EPS NQ rev (1m)75%
EPS NQ rev (3m)75%
EPS NY rev (1m)-24%
EPS NY rev (3m)-24%
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 11.06
P/S N/A
P/FCF N/A
P/OCF N/A
P/B 13.08
P/tB 13.08
EV/EBITDA N/A
EPS(TTM)-0.22
EYN/A
EPS(NY)0.36
Fwd EY9.04%
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 37.98
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)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 of NEW FOUND GOLD CORP (NFG.CA) stock?

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


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

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