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New Found Gold Corp. (V:NFG)

Business Focus: Gold

Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: 800 West Pender Street, Suite 1430
Tel: N/A
IR: See website
Key People
Business Overview
New Found Gold Corp is a Canada-based mineral exploration company. The Company is 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. Its projects include Queensway Project and Lucky Strike Project. The Queensway Project is comprised of approximately 86 mineral licenses, including 6,041 claims comprising 151,030 hectares of land located near Gander, Newfoundland. Its Lucky Strike Project in Kirkland Lake, Ontario, comprises approximately 11,441 hectares and is located 10 km north of Larder Lake, Ontario. The Lucky Strike Project is comprised of approximately 639 single cell un-patented mining claims. The Company also owns a portfolio of mining and royalty interests throughout northeastern Ontario.
Financial Overview
For the three months ended 31 March 2021, New FoundGold Corp revenues was not reported. Net loss decreased 18%to C$5.4M. Lower net loss reflects Net change in unrealizedgains (losses) increase from C$5.2M (expense) to C$2.4M(income), Net realized losses on disposal of inves increasefrom C$0K to C$204K (income), Settlement of flow-throughshare premium increase from C$0K to C$185K (income).
Reporting Currency: Canadian Dollars
Enterprise value: $1,474M as of Mar 31, 2021
Annual revenue (TTM): $0.00M as of Mar 31, 2021
EBITDA (TTM): -$44.98M as of Mar 31, 2021
Net annual income (TTM): -$31.32M as of Mar 31, 2021
Free cash flow (TTM): -$20.68M as of Mar 31, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 151,722,221 as of Jul 14, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization