New Found GoldNFGC
About: New Found Gold Corp is a mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties with a focus on gold properties located in the Provinces of Newfoundland and Labrador and Ontario, Canada. The Company's exploration is focused on discovering and delineating gold resources. The Company has one material property: the Queensway Project located in Newfoundland, Canada (the Queensway Project).
Employees: 98
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
12% more funds holding
Funds holding: 43 [Q3] → 48 (+5) [Q4]
0% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 12
0.08% less ownership
Funds ownership: 4.92% [Q3] → 4.83% (-0.08%) [Q4]
29% less capital invested
Capital invested by funds: $24.6M [Q3] → $17.4M (-$7.22M) [Q4]
85% less call options, than puts
Call options by funds: $25K | Put options by funds: $169K
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Roth MKM Mike Niehuser 33% 1-year accuracy 8 / 24 met price target | 186%upside $5 | Buy Maintained | 10 Mar 2025 |
Financial journalist opinion
Based on 5 articles about NFGC published over the past 30 days









