New Found Gold Stock Filter Stocks by Fundamentals
NFG Stock | CAD 2.38 0.12 5.31% |
New Found Gold fundamentals help investors to digest information that contributes to New Found's financial success or failures. It also enables traders to predict the movement of New Stock. The fundamental analysis module provides a way to measure New Found's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to New Found stock.
New | Shares Owned by Insiders |
New Found Current Valuation Drivers
We derive many important indicators used in calculating different scores of New Found from analyzing New Found's financial statements. These drivers represent accounts that assess New Found's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of New Found's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Enterprise Value | 55.1M | 410.8M | 1.3B | 827.4M | 744.6M | 423.4M |
New Fundamentals
Return On Equity | -1.1 | ||||
Return On Asset | -0.66 | ||||
Current Valuation | 432.9 M | ||||
Shares Outstanding | 198.91 M | ||||
Shares Owned By Insiders | 44.04 % | ||||
Shares Owned By Institutions | 4.82 % | ||||
Number Of Shares Shorted | 1.22 M | ||||
Price To Book | 6.00 X | ||||
EBITDA | (79.44 M) | ||||
Net Income | (79.89 M) | ||||
Cash And Equivalents | 62.91 M | ||||
Cash Per Share | 0.37 X | ||||
Total Debt | 19.08 M | ||||
Debt To Equity | 0 % | ||||
Current Ratio | 4.02 X | ||||
Book Value Per Share | 0.35 X | ||||
Cash Flow From Operations | (99.27 M) | ||||
Short Ratio | 5.22 X | ||||
Earnings Per Share | (0.30) X | ||||
Target Price | 9.0 | ||||
Number Of Employees | 98 | ||||
Beta | 0.54 | ||||
Market Capitalization | 473.4 M | ||||
Total Asset | 84.58 M | ||||
Retained Earnings | (259.5 M) | ||||
Working Capital | 43.37 M | ||||
Net Asset | 84.58 M |
About New Found Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze New Found Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New Found using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New Found Gold based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional 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.