New Found Gold Reports Q3 2026 Preliminary Production Results: Becoming Canada's Newest Gold Producer
New Found Gold reported its first quarterly operational results as Canada's newest gold producer, with Q3 2026 production of 4,863 oz and 6,035 oz sold at a realized price of US$4,310/oz following commercial production at Hammerdown on August 19, 2026. The company held roughly $167 million in cash with $70 million of debt at quarter end, plus a further $35 million facility available until May 15, 2027.
Key figures
- Cash cad
- ~$167 million
- Debt cad
- $70 million
- Strip ratio
- 12.4
- Gold sold oz
- 6035
- Gold produced oz
- 4863
- Lo M aisc usd per oz
- ~US$2,500
- Avg gold recovery pct
- 85
- Lo M runrate oz per year
- 20,000 to 25,000
- Commercial production date
- August 19, 2026
- Available debt facility cad
- $35 million
- Avg realized gold price cad per oz
- 6033
- Avg realized gold price usd per oz
- 4310
AI analysis
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