NFGC Stock Summary and Trading Ideas (New Found Gold Common Shares | AMEX:NFGC)

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 Companies 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).

New Found Gold Common Shares trades on the AMEX stock market under the symbol NFGC.

As of August 11, 2026, NFGC stock price declined to $1.66 with 1,497,347 million shares trading.

NFGC has a beta of 2.55, meaning it tends to be more sensitive to market movements. NFGC has a correlation of 0.16 to the broad based SPY ETF.

NFGC has a market cap of $637.58 million. This is considered a Small Cap stock.

Last quarter New Found Gold Common Shares reported $7 million in Revenue and -$.06 earnings per share. This beat revenue expectation by $3 million and missed earnings estimates by -$.03.

In the last 3 years, NFGC traded as high as $4.63 and as low as $.93.

The top ETF exchange traded funds that NFGC belongs to (by Net Assets): GDXJ, GBUG, AUAU.

NFGC has underperformed the market in the last year with a return of +5.1%, while the SPY ETF gained +22.1%. In the last 3 month period, NFGC fell short of the market, returning -23.9%, while SPY returned +4.7%. However, in the most recent 2 weeks NFGC has outperformed the stock market by returning +14.5%, while SPY returned +4.3%.

NFGC support price is $1.63 and resistance is $1.77 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NFGC shares will trade within this expected range on the day.