New Found Gold Corp. (NYSE:NFGC - Free Report) - Stock analysts at Roth Capital issued their Q1 2026 earnings estimates for New Found Gold in a research note issued on Tuesday, July 8th. Roth Capital analyst M. Niehuser expects that the company will post earnings per share of ($0.04) for the quarter. The consensus estimate for New Found Gold's current full-year earnings is ($0.19) per share. Roth Capital also issued estimates for New Found Gold's Q2 2026 earnings at ($0.04) EPS, Q3 2026 earnings at ($0.04) EPS, Q4 2026 earnings at ($0.04) EPS and FY2026 earnings at ($0.15) EPS.
New Found Gold Stock Up 10.0%
Shares of New Found Gold stock traded up $0.14 on Wednesday, hitting $1.54. The stock had a trading volume of 1,218,632 shares, compared to its average volume of 786,999. New Found Gold has a one year low of $0.93 and a one year high of $3.65. The stock has a market cap of $353.80 million, a price-to-earnings ratio of -7.00 and a beta of 1.29. The stock's 50-day simple moving average is $1.40 and its two-hundred day simple moving average is $1.50.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the company. XTX Topco Ltd bought a new stake in New Found Gold in the first quarter valued at $25,000. Raymond James Financial Inc. bought a new stake in New Found Gold in the fourth quarter valued at $34,000. Virtu Financial LLC bought a new stake in New Found Gold in the first quarter valued at $52,000. National Bank of Canada FI boosted its holdings in New Found Gold by 58.8% in the fourth quarter. National Bank of Canada FI now owns 41,182 shares of the company's stock valued at $74,000 after acquiring an additional 15,256 shares in the last quarter. Finally, Aristides Capital LLC bought a new stake in New Found Gold in the fourth quarter valued at $75,000. Institutional investors own 3.43% of the company's stock.
New Found Gold Company Profile
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New Found Gold Corp., a mineral exploration company, engages in the identification, evaluation, acquisition, and exploration of mineral properties in the Provinces of Newfoundland and Labrador, and Ontario. It primarily explores for gold deposit. The company holds 100% interests in the Queensway project that includes 96 mineral licenses and 6,659 claims covering an area of 166,475 hectares of land located near Gander, Newfoundland; and the Kingsway project located in Gander, Newfoundland.
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