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 |