New Found Gold Stock Performance
| NFGC Stock | USD 1.80 0.06 3.45% |
On a scale of 0 to 100, New Found holds a performance score of 14. The company secures a Beta (Market Risk) of 0.44, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, New Found's returns are expected to increase less than the market. However, during the bear market, the loss of holding New Found is expected to be smaller as well. Please check New Found's kurtosis, market facilitation index, and the relationship between the semi variance and rate of daily change , to make a quick decision on whether New Found's current price movements will revert.
Risk-Adjusted Performance
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Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in New Found Gold are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of rather fragile technical and fundamental indicators, New Found exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | New Found Gold Corp. Reports Q1 2025 Financial Results - TipRanks | 05/12/2025 |
2 | New Found Gold Continues to Expand the Dropkick Zone at the Queensway Gold Project 42. ... | 05/21/2025 |
3 | New Found Gold Secures Major Funding for Queensway Project | 05/28/2025 |
4 | New Found Gold Closes First Tranche of C56 Million Bought Deal Financing for Gross Proceeds of ... | 06/03/2025 |
5 | New Found Gold Expands Queensway Gold Project 2025 Work Program NFGC Stock News | 06/16/2025 |
6 | The Smart Money Case for Gold Stocks Is Getting Harder to Ignore - The Globe and Mail | 06/26/2025 |
7 | New Found Gold Expands and Confirms Continuity of High-Grade Gold Mineralization at the Keats ... | 07/09/2025 |
| Begin Period Cash Flow | 53.9 M | |
| Total Cashflows From Investing Activities | -3 M |
New Found Relative Risk vs. Return Landscape
If you would invest 117.00 in New Found Gold on April 26, 2025 and sell it today you would earn a total of 63.00 from holding New Found Gold or generate 53.85% return on investment over 90 days. New Found Gold is currently generating 0.7936% in daily expected returns and assumes 4.1897% risk (volatility on return distribution) over the 90 days horizon. In different words, 37% of stocks are less volatile than New, and 85% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
New Found Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for New Found's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as New Found Gold, and traders can use it to determine the average amount a New Found's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1894
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Estimated Market Risk
| 4.19 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.79 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average New Found is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of New Found by adding it to a well-diversified portfolio.
New Found Fundamentals Growth
New Stock prices reflect investors' perceptions of the future prospects and financial health of New Found, and New Found fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on New Stock performance.
| Return On Equity | -0.75 | ||||
| Return On Asset | -0.47 | ||||
| Current Valuation | 399.19 M | ||||
| Shares Outstanding | 229.74 M | ||||
| Price To Book | 9.81 X | ||||
| EBITDA | (59.19 M) | ||||
| Net Income | (50.27 M) | ||||
| Cash And Equivalents | 80.73 M | ||||
| Cash Per Share | 0.48 X | ||||
| Total Debt | 123.1 K | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 12.31 X | ||||
| Book Value Per Share | 0.29 X | ||||
| Cash Flow From Operations | (55.68 M) | ||||
| Earnings Per Share | (0.17) X | ||||
| Market Capitalization | 413.53 M | ||||
| Total Asset | 74.02 M | ||||
| Retained Earnings | (309.76 M) | ||||
| Working Capital | 22.37 M | ||||
About New Found Performance
By analyzing New Found's fundamental ratios, stakeholders can gain valuable insights into New Found's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if New Found has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if New Found has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 702.09 | 666.98 | |
| Return On Tangible Assets | (0.68) | (0.71) | |
| Return On Capital Employed | (0.91) | (0.95) | |
| Return On Assets | (0.68) | (0.71) | |
| Return On Equity | (0.76) | (0.79) |
Things to note about New Found Gold performance evaluation
Checking the ongoing alerts about New Found for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for New Found Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| New Found Gold may become a speculative penny stock | |
| New Found Gold appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (50.27 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| New Found Gold currently holds about 80.73 M in cash with (55.68 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.48. | |
| Roughly 38.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from insidermonkey.com: Equinox Rated as Neutral as CIBC Hikes Price Target |
- Analyzing New Found's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether New Found's stock is overvalued or undervalued compared to its peers.
- Examining New Found's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating New Found's management team can have a significant impact on its success or failure. Reviewing the track record and experience of New Found's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of New Found's stock. These opinions can provide insight into New Found's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for New Stock analysis
When running New Found's price analysis, check to measure New Found's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy New Found is operating at the current time. Most of New Found's value examination focuses on studying past and present price action to predict the probability of New Found's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Found's price. Additionally, you may evaluate how the addition of New Found to your portfolios can decrease your overall portfolio volatility.
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