New Found Gold Corp. (NFG.V) Stock
New Found Gold Corp., a mineral exploration company, engages in the identification, evaluation, acquisition, and exploration of mineral properties in the Provinces of Newfoundland and Labrador, Canada. The company primarily explores for gold deposit.
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About New Found Gold Corp.
New Found Gold Corp., a mineral exploration company, engages in the identification, evaluation, acquisition, and exploration of mineral properties in the Provinces of Newfoundland and Labrador, Canada. The company primarily explores for gold deposit. It holds 100% interests in the Queensway project that includes 103 mineral licenses and 7,018 claims covering an area of 175,600 hectares located near Gander, Newfoundland; and the Kingsway project located in Gander, Newfoundland. The company was formerly known as Palisade Resources Corp. and changed its name to New Found Gold Corp. in June 2017. New Found Gold Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada.
New Found Gold Corp. (NFG.V) stock trades at $2.29 with a market capitalization of $879.55M. The stock is valued at a price-to-earnings (P/E) ratio of 11.43, price-to-book of 1.95, price-to-sales of 56.04. Over the past 52 weeks the stock has ranged between $1.88 and $4.89, and currently trades 53.2% below its 52-week high.
On profitability, New Found Gold Corp. generates a return on equity (ROE) of -24.93%, an operating margin of -181.96%, a net profit margin of 0.00%.
Official website: newfoundgold.ca