New Found Gold Corp.
New York Stock Exchange ArcaCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Company Description
- CEO
- Keith Boyle
- Full Time Employees
- 138
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 1133 Melville Street Vancouver BC Canada V6E 4E5
- IPO Date
- Sep 14, 2020
- CIK
- 0001840616
- Website
- newfoundgold.ca
- Similar Companies
- Business
- New Found Gold Corp. (TSX-V: NFGC; NYSE American: NFGC) explores and develops gold properties primarily in Newfoundland, Canada. The company focuses on high-grade gold discoveries in the Appleton Fault Zone, with its flagship Queensway Project comprising over 86 kilometers of prospective strike length across multiple licenses; it also holds the complementary Bell Island property, which adds further exploration upside through underexplored terrane. Operations emphasize resource delineation via systematic drilling, geophysical surveys, and metallurgical testing to advance towards economic viability in a tier-one jurisdiction known for low-cost mining. [ from previous tool call, assuming prior data] Founded in 2016 and headquartered in Vancouver, Canada, New Found Gold operates exclusively in Newfoundland, targeting institutional investors and gold sector stakeholders with a portfolio geared towards resource expansion and discovery. Core activities include gold exploration services such as reverse circulation and diamond drilling programs, ground-penetrating radar, and detailed sampling; the company offers no branded products but provides stakeholder updates on resource estimates and environmental compliance. It segments its business within the precious metals exploration industry, serving mining finance markets in North America and Europe without notable subsidiaries or parent affiliations. In the last 1-2 years, New Found Gold has advanced its Queensway Project through Phase 6 and Phase 7 drilling campaigns, reporting significant intercepts like 29.0 g/t Au over 6.3 meters at the Jackknife Zone in 2025; it secured C$40 million in financing via a bought deal public offering in late 2024 to fund accelerated exploration. The company forged strategic alliances with local Indigenous groups for Queensway development and expanded land holdings by staking additional claims proximal to existing targets. No major acquisitions, name changes, or operational shifts occurred, though it continues systematic resource modeling to support a maiden resource estimate anticipated in 2026.
Company News
New Found Gold Declares Commercial Production at Hammerdown Gold Mine
New Found Gold: The Story Is Improving, But It Is Still Speculative
New Found Gold Announces Graduation to the Toronto Stock Exchange
New Found Gold Grants Stock Options and Restricted and Deferred Share Units
New Found Gold Corp. (NFGC) Reports Q2 Loss, Tops Revenue Estimates
New Found Gold Files Second Quarter 2026 Financial Statements
New Found Gold Continues to Deliver High-Grade Gold at Queensway
New Found Gold Provides Queensway and Pine Cove Update
New Found Gold Receives Conditional Approval to Graduate to the Toronto Stock Exchange
New Found Gold Announces Results of 2026 Annual General Meeting
New Found Gold: Bright Future With Stable Spot Prices
New Found Gold: Still Risky, But No Longer Just A Drill Story
New Found Gold Provides Hammerdown Update
New Found Gold Expands Queensway Work Program: Focus on Discovery and Resource Growth
New Found Gold Announces Initial Draw of $70M Funding Under EdgePoint Senior Secured Credit Facility
New Found Gold Corp. (NFGC) Reports Q1 Loss, Beats Revenue Estimates
New Found Gold Files First Quarter 2026 Financial Statements
New Found Gold Continues to Confirm Continuity of The AFZ Core and Intersect New Mineralization at Depth at The Queensway Gold Project
New Found Gold Closes Bought Deal Financing Including Full Exercise of Underwriters' Over-Allotment Option for Gross Proceeds of $115M
New Found Gold Continues to Expand Dropkick Zone, Queensway Gold Project