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New Found Gold Corp. (NFGC)

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.

Sector: Gold and Silver Ores

Industry: Gold

New Found Gold Corp. logo

New Found Gold Corp.

NYSE:NFGCBasic Materials
+0.64%$1.58
AH Close$1.58+0.00%vs close
Mkt Cap$607.28M
Float286.98M
O/S384.36M
Inst Own14.3%
SI2.6%
Dilution
New Found Gold Corp. logoNYSE:NFGC$1.58+0.64%
Historical Data
DateOpenHighLowCloseVolume
Key Metrics
Market Cap$607.28M
Enterprise Value--
P/E Ratio--
Est. Net Cash/Share--
Institutional Ownership14.31%

based on 384.36M shares outstanding

SectorBasic Materials
IndustryGold
ExchangeNYSE American
CountryCACA
IPO DateSep 14, 2020
Shares Outstanding384.36M
Float286.98M
Company Overview

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.

Leadership

Keith Boyle

Chief Executive Officer & Director

Hashim Ahmed

Chief Financial Officer

Melissa Render

President

Robert Assabgui

Chief Operating Officer

Employees

62

Country

CA

Sector

Basic Materials

Website

newfoundgold.ca

Analyst Coverage
Analyst Coverage
ConsensusBuy
Price Target
No price targets available
Ratings Distribution
BUY
1
HOLD
0
SELL
0
TOTAL1
Insider Trading
No insider transactions for this companyForeign private issuers and non-reporting entities don't file Form 4/5.
Shareholders
14.3%
Institutional
(86)
0.0%
Insiderⓘ
(0)
29.3%
5%+ Owners
(3)
56.4%
Unattributed (incl. retail)ⓘ
Institutional14.3%
5%+ Beneficial29.3%
Unattributed (incl. retail)56.4%
Top Shareholders
NameShares%
Sprott Eric logo
Sprott Eric
· may incl. warrants· filed Nov 2025
65.9M17.1%
Palisades Goldcorp Ltd. logo
Palisades Goldcorp Ltd.
· may incl. warrants· filed May 2026
26.8M7.0%
DUNDEE CORP logo
DUNDEE CORP
· may incl. warrants· filed Feb 2026
19.9M5.2%
Merk Investments LLC logo
Merk Investments LLC
16.3M4.2%
SPROTT INC. logo
SPROTT INC.
10.5M2.7%
VAN ECK ASSOCIATES CORP logo
VAN ECK ASSOCIATES CORP
8.1M2.1%
Groupe la Francaise logo
Groupe la Francaise
2.5M0.7%
BANK OF AMERICA CORP /DE/ logo
BANK OF AMERICA CORP /DE/
2.4M0.6%
MARSHALL WACE, LLP logo
MARSHALL WACE, LLP
2.3M0.6%
MORGAN STANLEY logo
MORGAN STANLEY
1.8M0.5%
Sources: 13F, 13D/13GO/S: 384.4M · checked 25 Oct 2026 · market-data provider
Insiders & Institutional Holders
52-Week Range
$1.34$3.59
$1.58(11th percentile)
Volume
Average Daily Volume875.32K
1.66M today vs 875.32K avg(+90%)

30d Avg

875.32K

60d Avg

978.34K

90d Avg

1.17M

Earnings
Dividend History
No dividend history available
Compliance Status
Loading compliance data...