Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

New Found Gold Corp. (V:NFG)

Business Focus: Gold (NEC)

Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: Wework C/O New Found Gold Corp.
1600 - 595 Burrard Street
VANCOUVER BC V7X 1L4
Tel: N/A
Website: https://newfoundgold.ca
IR: See website
Key People
Collin Kettell
Executive Chairman of the Board, Chief Executive Officer
Denis Roland Laviolette
President, Director
Michael Kanevsky
Chief Financial Officer
Greg Matheson
Chief Operating Officer
Melissa Render
Vice President - Exploration
Ron Hampton
Chief Development Officer
Business Overview
New Found Gold Corp. is a Canada-based mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties with a focus on gold properties located in Newfoundland and Labrador, Canada. The Company holds a 100% interest in the Queensway Project, which comprises a approximately 1,662 square kilometers area, located about 15 kilometers (km) west of Gander, Newfoundland and Labrador, and just 18 km from Gander International Airport. The Queensway Project is divided by Gander Lake into Queensway North and Queensway South. The Company is undertaking a 500,000-meter drill program at Queensway.
Financial Overview
For the fiscal year ended 31 December 2023, New Found Gold Corp revenues was not reported. Net loss decreased 11% to C$79.9M. Basic Earnings per Share excluding Extraordinary Items increased from -C$0.54 to -C$0.45.
Employees: 63 as of Mar 21, 2024
Reporting Currency: Canadian Dollars
Enterprise value: $893.17M as of Dec 31, 2023
Annual revenue (TTM): $0.00M as of Dec 31, 2023
EBITDA (TTM): -$102.53M as of Dec 31, 2023
Net annual income (TTM): -$79.89M as of Dec 31, 2023
Free cash flow (TTM): -$100.99M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 190,489,116 as of Apr 22, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization