profit from every $100 of sales.

New Found Gold
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average.
It has no yearly profit to compare the price with.
It holds more cash than debt.
Money in, money out
What New Found Gold sold, what it kept, and what it did with the cash.
Sales went from CA$0 in 2022 to CA$5.81 million in 2025, with -CA$47.6 million of profit last year.
New Found Gold vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
New Found Gold | No profit yet | ||
Newmont | 17.4× · Fair price | ||
Zijin Mining Group | 14.3× · Cheap | ||
Agnico Eagle Mines | 21.1× · Fair price | ||
Barrick Mining | 12.7× · Cheap |
AI analysis
An AI analyst reads New Found Gold's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of CAD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 0 | 0 | 0 | 6 | |
| -1 | -1 | 0 | 0 | |
| -89 | -104 | -60 | -59 | |
| -89 | -79 | -49 | -47 | |
| -90 | -80 | -50 | -48 | |
| -0.54 | -0.45 | -0.26 | -0.20 | |
| – | – | – | 2.0% | |
| – | – | – | -1,019.5% | |
| – | – | – | -819.2% |
Balance sheet
| In millions of CAD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 111 | 85 | 74 | 536 |
| Cash | 82 | 54 | 22 | 59 |
| Total debt | 0 | 0 | 0 | 1 |
| Total liabilities | 27 | 19 | 7 | 117 |
| 83 | 66 | 67 | 419 | |
| 167 | 178 | 194 | 235 | |
| -85.0% | -96.1% | -59.5% | -9.0% | |
| -107.8% | -122.0% | -75.5% | -11.4% |
Cash flow
| In millions of CAD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -74 | -99 | -56 | -55 | |
| 6 | 2 | 4 | 3 | |
| -80 | -101 | -60 | -58 | |
| Dividends paid | – | 0 | 0 | 0 |
| – | – | – | – | |
| 8 | 1 | 1 | 6 |
Valuation
- –
- –
- –
- 1.6×
- 152.7×
- –
- –
- -6.6%
- -5.4%
- 0.0%
Profitability
- 2.0%
- -1,019.5%
- -819.2%
- -390.0%
- -13.5%
- -71.4%
- -22.7%
- -11.1%
- -13.6%
- –
Growth
- –
- –
- +5.4%
- –
- +10.9%
Financial health
- -1.2×
- 0.00
- 0.3%
- -323.1×
- 2.89
- 2.43
- 0.03
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 12, 2026 | -0.06 | -0.03 | −100.0% |
| Mar 25, 2026 | -0.04 | -0.02 | −100.0% |
| Nov 7, 2025 | -0.08 | -0.03 | −166.7% |
| Aug 8, 2025 | -0.04 | -0.03 | −33.3% |
| May 12, 2025 | -0.06 | -0.06 | +0.0% |
| Mar 21, 2025 | -0.05 | -0.06 | +16.7% |
| Nov 12, 2024 | -0.04 | -0.07 | +42.9% |
| Aug 9, 2024 | -0.05 | -0.09 | +44.4% |
News
My wife cried when I found out she had only $80,000 in her 401(k). I have $2.2 million. Am I wrong to be shocked?MarketWatch · Nov 5, 2026Tesla and Nvidia just found another AI bottleneckYahoo Finance · Oct 24, 2026Meta Found a Way to Raise Money Without Handing Out More VotesYahoo Finance · Oct 22, 2026Gold snaps two-week losing streak; some analysts say may have found bottomSeeking Alpha · Oct 9, 2026Have markets finally found the 'right level' of interest rates?Yahoo Finance · Sep 17, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about New Found Gold
Is New Found Gold a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the New Found Gold AI analysis
What does New Found Gold do?
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 is in Gold.
Does New Found Gold pay a dividend?
No. New Found Gold does not pay a dividend at the moment.
Is New Found Gold stock halal?
Yes. New Found Gold passes our halal screen: its business is permitted and its debt is 0.1% of its market value, under the 30% limit. How we check
How has New Found Gold stock done over the past year?
Down 20.6% over the past twelve months, to $1.62. It traded between $1.36 and $3.48 and is 53.4% below its high.
Who are New Found Gold's competitors?
The largest listed companies in the same industry are Newmont, Zijin Mining Group, Agnico Eagle Mines and Barrick Mining. The peers table on this page compares their profit, growth and price with New Found Gold's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



