New Found Gold Corp. (NFGC) Research

New Found Gold Corp. operates as a mining exploration company, primarily engaged in identifying, acquiring, and investigating mineral properties, with a specific emphasis on gold deposits. Its operations span the Canadian provinces of Newfoundland and Labrador, and Ontario. The company holds 100% ownership of two significant projects: The Queensway project, located near Gander, Newfoundland, which covers an extensive 151,030 hectares through 86 mineral licenses and 6,041 claims. The Lucky Strike project, an 11,684-hectare site situated in Kirkland Lake, Ontario. Established in 2016, the firm was originally known as Palisade Resources Corp. before officially changing its name to New Found Gold Corp. in June 2017. Its corporate headquarters are located in Vancouver, Canada.

Market snapshot

Symbol
NFGC
Price
$1.62
Day change
+0.62%
Market cap
$561.6M
P/E ratio
-9.39x
52-week range
1.34-3.59
Sector
Basic Materials
Industry
Gold
Next earnings
in 2 months

Peer companies

  • Algoma Steel Group Inc. (ASTL)
  • Caledonia Mining Corporation Plc (CMCL)
  • Dakota Gold Corp. (DC)
  • Hycroft Mining Holding Corporation (HYMC)
  • Idaho Strategic Resources, Inc. (IDR)
  • Integra Resources Corp. (ITRG)
  • NioCorp Developments Ltd. (NB)
  • Nova Minerals Limited (NVAWW)

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