Missed GME or NVDA? Don’t Miss the Next One.
Join 5,000+ investors using Ticker Nerd’s Market Radar to stay ahead of major market moves, analyst upgrades, and trending opportunities — for free.
NFGC Stock Forecast 2025-2026
$1.29
Current Price
$262.17M
Market Cap
Buy 1
Hold 0
Sell 0
Wall St Analyst Ratings
Distance to NFGC Price Targets
+287.6%
To High Target of $5.00
+287.6%
To Median Target of $5.00
+287.6%
To Low Target of $5.00
NFGC Price Momentum
+9.3%
1 Week Change
+13.2%
1 Month Change
-63.9%
1 Year Change
-29.1%
Year-to-Date Change
-68.3%
From 52W High of $4.07
+39.3%
From 52W Low of $0.93
📉 MARKET SELLOFF ALERT
10 Quality Stocks Worth Considering Now
Researching New Found Gold (NFGC) after the drop? Our ex-Goldman Sachs analyst reveals if it made our list of 10 oversold quality stocks with strong growth potential.
Get our FREE market selloff report + exclusive analysis on NFGC and similar high-potential opportunities.
Latest NFGC Stock Price Targets & Analyst Predictions
Based on our analysis of 1 Wall Street analyst, NFGC has a bullish consensus with a median price target of $5.00 (ranging from $5.00 to $5.00). Currently trading at $1.29, the median forecast implies a 287.6% upside. This outlook is supported by 1 Buy, 0 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Mike Niehuser at Roth MKM, projecting a 287.6% upside. Conversely, the most conservative target is provided by Mike Niehuser at Roth MKM, suggesting a 287.6% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
NFGC Analyst Ratings
1
Buy
0
Hold
0
Sell
NFGC Price Target Range
Low
$5.00
Average
$5.00
High
$5.00
Current: $1.29
Latest NFGC Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for NFGC.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Mar 10, 2025 | Roth MKM | Mike Niehuser | Buy | Maintains | $5.00 |
| Apr 23, 2024 | Roth MKM | Mike Niehuser | Buy | Maintains | $9.00 |
| Apr 8, 2024 | Roth MKM | Mike Niehuser | Buy | Maintains | $9.00 |
| Sep 21, 2023 | Roth MKM | Mike Niehuser | Buy | Reiterates | $9.00 |
| Sep 6, 2023 | Roth MKM | Mike Niehuser | Buy | Reiterates | $9.00 |
| Aug 29, 2023 | Roth MKM | Mike Niehuser | Buy | Reiterates | $9.00 |
| Aug 15, 2023 | Roth MKM | Mike Niehuser | Buy | Initiates | $9.00 |
New Found Gold Corp. (NFGC) Competitors
The following stocks are similar to New Found Gold based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
New Found Gold Corp. (NFGC) Financial Data
New Found Gold Corp. has a market capitalization of $262.17M with a P/E ratio of -5.0x. The company generates $0 in trailing twelve-month revenue with a 0.0% profit margin.
Revenue growth is N/A quarter-over-quarter, while maintaining an operating margin of 0.0% and return on equity of -76.1%.
Valuation Metrics
Market Cap
$262.17M
Enterprise Value
$169.41M
P/E Ratio
-5.0x
PEG Ratio
-5.4x
Price/Sales
0.0x
Growth & Margins
Revenue Growth (YoY)
N/A
Gross Margin
N/A
Operating Margin
0.0%
Net Margin
0.0%
EPS Growth
N/A
Financial Health
Cash/Price Ratio
+9.0%
Current Ratio
4.0x
Debt/Equity
0.2x
ROE
-76.1%
ROA
-47.2%
💰 DON'T MISS THIS OPPORTUNITY
Get All 10 Quality Stocks For This Market Selloff
Still researching investments after the market drop? Our ex-Goldman Sachs analyst has already identified the 10 highest-quality oversold stocks with strong fundamentals and upside potential.
Why spend hours researching when we've already done the work? Get instant access to our complete market selloff analysis.
New Found Gold Corp. (NFGC) Business Model
About New Found Gold Corp.
What They Do
Mineral exploration focused on gold properties.
Business Model
The company operates by exploring and developing high-grade gold properties, primarily through its flagship Queensway Project in Newfoundland and Labrador. It targets early-stage exploration in geologically promising areas, aiming to identify and evaluate gold resources that can lead to future mining operations and revenue generation.
Additional Information
Headquartered in Vancouver, Canada, the company is part of the junior mining sector, which is essential for mineral resource innovation and contributes to commodity markets and Canada's mining heritage.
Company Information
Sector
Basic Materials
Industry
Gold
Employees
62
CEO
Mr. Collin Kettell
Country
Canada
IPO Year
2020
Website
newfoundgold.caNew Found Gold Corp. (NFGC) Latest News & Analysis
Latest News
Quick Summary
New Found Gold Corp. has commenced its 2025 work program at the 100%-owned Queensway Gold Project in Newfoundland, featuring infill drilling at the Keats West and Lotto zones using four drill rigs.
Why It Matters
New Found Gold's active drilling at the Queensway Gold Project signals exploration progress, potentially increasing gold reserves and enhancing future valuation, impacting stock performance positively.
Source: PRNewsWire
Market Sentiment:
Neutral
Quick Summary
New Found Gold (TSXV: NFG, NYSE-A: NFGC) reported strong drill results from its Queensway Gold Project, including 38.7 g/t Au over 6.55 m and other significant finds, indicating continued gold mineralization.
Why It Matters
New drill results from New Found Gold's Queensway Project indicate high gold grades, potentially increasing resource estimates and enhancing investor confidence in the company's growth prospects.
Source: PRNewsWire
Market Sentiment:
Neutral
Quick Summary
New Found Gold Corp. sold non-convertible senior secured notes of Maritime Resources for US$2 million (CAD$2.78 million) and announced a mineral resource estimate for its Queensway Gold Project.
Why It Matters
The sale of senior secured notes by New Found Gold raises cash reserves, enhancing financial flexibility while the positive mineral resource estimate boosts confidence in future project value.
Source: PRNewsWire
Market Sentiment:
Neutral
New Found Gold Corp. Provides Queensway Gold Project Overview and Plans; Files Technical Report
26 days ago
Quick Summary
New Found Gold Corp. reports an initial mineral resource estimate of 1.39 Moz gold (indicated) at the Queensway Gold Project, with a PEA due in late Q2/25 and plans for bulk sampling in H1/26.
Why It Matters
New Found Gold's strong mineral resource estimate and plans for the Queensway Gold Project indicate significant growth potential, attracting investor interest in a favorable mining jurisdiction.
Source: PRNewsWire
Market Sentiment:
Neutral
Quick Summary
New Found Gold Corp's MRE report led to a 30% stock drop, presenting a potential buying opportunity. The Queensway project shows strong economic viability amid rising gold prices.
Why It Matters
The drop in New Found Gold's stock presents a potential buying opportunity, driven by strong mineral resource estimates and favorable market conditions for gold.
Source: Seeking Alpha
Market Sentiment:
Positive
Quick Summary
The indicated mineral resource is 18.0 million tonnes at 2.40 g/t Au, totaling 1.39 million ounces. The inferred resource is 10.7 million tonnes at 1.77 g/t Au, totaling 0.61 million ounces.
Why It Matters
The significant gold resource estimates indicate potential for future mining operations, enhancing the company's valuation and attractiveness to investors in the precious metals sector.
Source: PRNewsWire
Market Sentiment:
Neutral
Frequently Asked Questions About NFGC Stock
What is New Found Gold Corp.'s (NFGC) stock forecast for 2025?
Based on our analysis of 1 Wall Street analysts, New Found Gold Corp. (NFGC) has a median price target of $5.00. The highest price target is $5.00 and the lowest is $5.00.
Is NFGC stock a good investment in 2025?
According to current analyst ratings, NFGC has 1 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $1.29. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for NFGC stock?
Wall Street analysts predict NFGC stock could reach $5.00 in the next 12 months. This represents a 287.6% increase from the current price of $1.29. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is New Found Gold Corp.'s business model?
The company operates by exploring and developing high-grade gold properties, primarily through its flagship Queensway Project in Newfoundland and Labrador. It targets early-stage exploration in geologically promising areas, aiming to identify and evaluate gold resources that can lead to future mining operations and revenue generation.
What is the highest forecasted price for NFGC New Found Gold Corp.?
The highest price target for NFGC is $5.00 from Mike Niehuser at Roth MKM, which represents a 287.6% increase from the current price of $1.29.
What is the lowest forecasted price for NFGC New Found Gold Corp.?
The lowest price target for NFGC is $5.00 from Mike Niehuser at Roth MKM, which represents a 287.6% increase from the current price of $1.29.
What is the overall NFGC consensus from analysts for New Found Gold Corp.?
The overall analyst consensus for NFGC is bullish. Out of 1 Wall Street analysts, 1 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $5.00.
How accurate are NFGC stock price projections?
Stock price projections, including those for New Found Gold Corp., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: May 12, 2025 4:25 AM UTC