New Found Gold Corp

New Found Gold Corp

2.81
CAD
+0.19
(+7.25%)
-0.21EPS
841.14MMarket Cap
Nov 16Next Earn

Total Valuation

CAD

As of June 30, 2026, New Found Gold Corp carries a market capitalization of 841.14M, placing it among publicly traded companies globally. Its enterprise value stands at 705.92M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap841.14M
Enterprise Value705.92M

Important Dates

New Found Gold Corp's next confirmed earnings release is scheduled for November 16, 2026.

Earnings Date11/16/2026

Share Statistics

As of June 30, 2026, New Found Gold Corp has 384.08M shares outstanding.

Shares Outstanding384.08M

Valuation Ratios

These figures are as of June 30, 2026. The price-to-sales ratio is 19.09, and the price-to-book ratio stands at 1.66.

PS Ratio19.09
PB Ratio1.66
P/TBV Ratio2.19
P/FCF Ratio-7.19
P/OCF Ratio-9.83

Enterprise Valuation

These figures are as of June 30, 2026. The EV/Sales ratio of 22.47 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. These enterprise value multiples are built on an enterprise value of 705.92M versus a market cap of 841.14M, with the gap driven by net debt and cash on the balance sheet.

EV / Sales22.47

Financial Position

As of June 30, 2026, New Found Gold Corp maintains a current ratio of 5.36, meaning it holds 5.4x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 13.37, indicating elevated leverage, while an interest coverage ratio of -58.86 demonstrates limited ability to service its debt obligations.

Current Ratio5.36
Quick Ratio4.96
Debt / Equity13.37
Debt / EBITDA-0.88
Interest Coverage-58.86

Financial Efficiency

CAD

Over the twelve months ended June 30, 2026, New Found Gold Corp posted a negative return on equity (ROE) of -19.41, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -14.23, reflecting losses generated across the asset base. The company generates approximately 264,008.15 in revenue per employee across its workforce of 119.00, a quick read on workforce productivity versus industry peers.

Return on Equity (ROE)-19.41
Return on Assets (ROA)-14.23
Revenue Per Employee264,008.15
Employee Count119.00

Taxes

CAD

Over the twelve months ended June 30, 2026, New Found Gold Corp recorded 741,176.00 in income tax expense. The company reported a pretax loss of -57.91M and -58.26M in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

Income Tax741,176.00

Stock Price Statistics

CAD

As of the close on August 25, 2026, New Found Gold Corp's stock has gained approximately 19.07% over the past 52 weeks. The 50-day moving average sits at 2.21, while the 200-day moving average is 3.06.

52-Week Price Change19.07%
50-Day Moving Average2.21
200-Day Moving Average3.06

Income Statement

CAD

Over the twelve months ended June 30, 2026, New Found Gold Corp generated 31.42M in revenue and converted that into -58.26M in net income, yielding earnings per share of -0.21. EBITDA reached -76.87M, while operating income came in at -73.19M.

Revenue31.42M
Gross Profit3.88M
Operating Income-73.19M
Pretax Income-57.91M
Net Income-58.26M
EBITDA-76.87M
EBIT-77.97M
Earnings Per Share (EPS)-0.21

Balance Sheet

CAD

As of June 30, 2026, New Found Gold Corp holds 203.16M in cash and equivalents against 67.94M in total debt, resulting in a net debt position of -126.78M. Total book value stands at 508.01M, with working capital of 187.18M providing operational flexibility.

Cash & Cash Equivalents203.16M
Total Debt67.94M
Net Debt-126.78M
Equity (Book Value)508.01M
Book Value Per Share1.32
Working Capital187.18M

Cash Flow

CAD

New Found Gold Corp produced -60.98M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -22.42M in capital expenditures, free cash flow totaled -83.40M - equivalent to -0.30 per share.

Operating Cash Flow-60.98M
Capital Expenditures-22.42M
Free Cash Flow-83.40M
FCF Per Share-0.30

Margins

Over the twelve months ended June 30, 2026, New Found Gold Corp posted a gross margin of 12.35, reflecting its pricing power and cost economics. The operating margin of -232.95 and net profit margin of -185.44 provide insight into operational efficiency.

Gross Margin12.35
Operating Margin-232.95
Pretax Margin-184.33
Profit Margin-185.44
EBITDA Margin-244.68

Dividends & Yields

Over the twelve months ended June 30, 2026, New Found Gold Corp paid dividends of - - per share. The dividend payout ratio of - - indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield is negative at -13.91: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield is negative at -24.08, meaning New Found Gold Corp raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Shareholder Yield-24.08
FCF Yield-13.91

Scores

As of June 30, 2026, New Found Gold Corp has an Altman Z-Score of 1.65, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score1.65