NFGC
Price:
$3
Market Cap:
$1.03B
New Found Gold Corp., a mineral exploration company, engages in the identification, acquisition, and exploration of mineral properties in the Provinces of Newfoundland and Labrador, and Ontario. The company primarily explores for gold deposit. It holds 100% interests in the Queensway project that includes 86 mineral licenses and 6,041 claims covering an area of 151,030 hectares of land located near Gander, Newfoundland; and the Lucky Strike project comprising 11,684 hectares located in Kirkland Lake, Ontario. 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 ...[Read more]
Industry
Gold
IPO Date
2020-09-14
Stock Exchange
AMEX
Ticker
NFGC
According to New Found Gold Corp.’s latest financial reports and current stock price. The company's current ROE is -60.25%. This represents a change of 290.17% compared to the average of -15.44% of the last 4 quarters.
The mean historical ROE of New Found Gold Corp. over the last ten years is -86.83%. The current -60.25% ROE has changed -30.61% with respect to the historical average. Over the past ten years (40 quarters), NFGC's ROE was at its highest in in the June 2020 quarter at 27.58%. The ROE was at its lowest in in the September 2023 quarter at -48.76%.
Average
-86.83%
Median
-75.51%
Minimum
-140.40%
Maximum
-44.86%
Discovering the peaks and valleys of New Found Gold Corp. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 181.31%
Maximum Annual ROE = -44.86%
Minimum Annual Increase = -68.05%
Minimum Annual ROE = -140.40%
| Year | ROE | Change |
|---|---|---|
| 2024 | -75.51% | -38.09% |
| 2023 | -121.97% | -7.14% |
| 2022 | -131.34% | 181.31% |
| 2021 | -46.69% | -0.80% |
| 2020 | -47.06% | 4.92% |
| 2019 | -44.86% | -68.05% |
The current ROE of New Found Gold Corp. (NFGC) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-109.61%
5-year avg
-84.51%
10-year avg
-86.83%
New Found Gold Corp.’s ROE is greater than Dakota Gold Corp. (-23.93%), greater than Osisko Development Corp. (-25.40%), less than Idaho Strategic Resources, Inc. (22.23%), greater than Nova Minerals Limited (-10.96%), less than Caledonia Mining Corporation Plc (21.47%), greater than Algoma Steel Group Inc. (-21.63%), greater than Rayonier Advanced Materials Inc. (-60.48%), less than Integra Resources Corp. (13.07%), greater than NioCorp Developments Ltd. (-119.50%), less than Hycroft Mining Holding Corporation (399.26%),
| Company | ROE | Market cap |
|---|---|---|
| -23.93% | $614.07M | |
| -25.40% | $520.96M | |
| 22.23% | $544.95M | |
| -10.96% | $475.39M | |
| 21.47% | $485.71M | |
| -21.63% | $435.48M | |
| -60.48% | $427.50M | |
| 13.07% | $612.88M | |
| -119.50% | $537.49M | |
| 399.26% | $969.16M |
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