New Found Gold Corp., a mineral exploration company, engages in the identification, acquisition, and exploration of mineral properties in the Provinces of Newfoundland and Labrador, and Ontario. The company primarily explores for gold deposit. It holds 100% interest in the Queensway project comprising 86 mineral licenses and 6,041 claims that covers an area of 151,025 hectares of land located near Gander, Newfoundland; and the Lucky Strike project comprising 11,684 hectares located in Kirkland Lake, Ontario. The company was formerly known as Palisade Resources Corp. and changed its name to New Found Gold Corp. in June 2017. New Found Gold Corp. was incorporated in 2016 and is headquartered in Vancouver, Canada.
IPO Year: 2021
Exchange: AMEX
Website: newfoundgold.ca
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/15/2023 | $9.00 | Buy | ROTH MKM |
| 6/6/2022 | Outperform | BMO Capital Markets |
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ROTH MKM initiated coverage of New Found Gold Corp. with a rating of Buy and set a new price target of $9.00
BMO Capital Markets initiated coverage of New Found Gold Corp. with a rating of Outperform
6-K - New Found Gold Corp. (0001840616) (Filer)
6-K - New Found Gold Corp. (0001840616) (Filer)
6-K - New Found Gold Corp. (0001840616) (Filer)
6-K - New Found Gold Corp. (0001840616) (Filer)
6-K - New Found Gold Corp. (0001840616) (Filer)
6-K - New Found Gold Corp. (0001840616) (Filer)
6-K - New Found Gold Corp. (0001840616) (Filer)
6-K - New Found Gold Corp. (0001840616) (Filer)
6-K - New Found Gold Corp. (0001840616) (Filer)
SCHEDULE 13D/A - New Found Gold Corp. (0001840616) (Subject)
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VANCOUVER, BC, Sept. 26, 2025 /PRNewswire/ - New Found Gold Corp. ("New Found Gold" or the "Company") (TSXV:NFG) (NYSE-A: NFGC) announces it has granted incentive stock options to certain directors, officers, and employees of New Found Gold to acquire an aggregate of 809,167 common shares in the capital of the Company at an exercise price of $2.97 (the "Options") in accordance with the Company's 10% rolling incentive stock option plan. The Options are exercisable for a 5-year term expiring September 25, 2030, and subject to vesting provisions. The Company also granted 2,053,00
VANCOUVER, BC, Sept. 25, 2025 /PRNewswire/ - New Found Gold Corp. ("New Found Gold" or the "Company") (TSXV:NFG) (NYSE-A: NFGC) is pleased to announce the results of a channel sampling program at the Iceberg excavation ("Iceberg" or the "Excavation") in the AFZ Core area on its 100%-owned Queensway Gold Project ("Queensway" or the "Project") in Newfoundland and Labrador, Canada. Highlights - Iceberg Channel Sampling Program1: 64.8 g/t Au2 over 6.71 m3 (IB-25-01-10)23.9 g/t Au over 15.12 m (IB-25-01-16)113 g/t Au over 2.99 m (IB-25-01-18)47.4 g/t Au over 7.36 m (IB-25-01-40)23.0 g/t Au over 13.74 m (IB-25-01-08)117 g/t Au over 2.16 m (IB-25-01-07)Melissa Render, President of New Found Gold st
USA News Group News CommentaryIssued on behalf of RUA GOLD Inc. VANCOUVER, BC, Sept. 22, 2025 /PRNewswire/ -- USA News Group News Commentary – Global central banks have purchased over 1,000 tonnes of gold annually for the last three years, representing a dramatic acceleration from the 400-500 tonne average of the preceding decade, according to the World Gold Council[1]. This institutional demand has catalyzed a parallel surge in gold ETFs, with global assets under management hitting a record $407 billion in August following three consecutive months of inflows totaling over $18 billion[2]. The sustained institutional buying is coinciding with unprecedented M&A activity in the gold sector, whe
VANCOUVER, BC, Sept. 15, 2025 /PRNewswire/ - New Found Gold Corp. ("New Found Gold" or the "Company") (TSXV:NFG) (NYSE-A: NFGC) is pleased to announce Dr. Andrew Furey, former Premier of Newfoundland and Labrador ("NL"), has been appointed as an independent Director of the Board effective immediately. The Company continues to strengthen its Management team with the appointment of Hashim Ahmed as Chief Financial Officer ("CFO") and Robert Assabgui, current Study Manager of New Found Gold, as Chief Operating Officer ("COO") effective immediately. Vijay Mehta will be stepping down from his role as Director effective immediately and Michael Kanevsky, current Chief Financial Officer, will be assi
VANCOUVER, BC, Sept. 9, 2025 /PRNewswire/ - New Found Gold Corp. ("New Found Gold" or the "Company") (TSXV:NFG) (NYSE-A: NFGC) is pleased to announce the Company will be participating in several upcoming conferences, including the Precious Metals Summit and Mining Forum Americas 2025. The focus of these conferences will be to discuss the recently announced combination with Maritime Resources Corp. (TSXV:MAE), the recently announced Queensway Gold Project ("Queensway") expansion, Queensway's Preliminary Economic Assessment ("PEA") and to discuss the Company's development strategy going forward (for additional information see the New Found Gold news releases dated July 21, 2025, September 5, 2
VANCOUVER, BC, Sept. 8, 2025 /PRNewswire/ - New Found Gold Corp. ("New Found Gold" or the "Company") (TSXV:NFG) (NYSE-A: NFGC) is pleased to announce that it has entered into a property purchase agreement (the "Agreement") with Exploits Discovery Corp. ("Exploits") (CSE:NFLD, OTCQB:NFLDF) providing for the purchase by New Found Gold (the "Transaction") of a 100% interest in certain mineral claims in Newfoundland and Labrador held by Exploits (the "Claims"). The Claims adjoin New Found's Queensway Gold Project ("Queensway" or the "Project") and would increase the size of the Project by up to 33%, to a total of 234,050 hectares ("ha"; Figure 1). Keith Boyle, CEO of New Found Gold commented "Th
(All amounts expressed in Canadian dollars unless stated otherwise) VANCOUVER, BC, Sept. 5, 2025 /PRNewswire/ - New Found Gold Corp. (TSXV:NFG) (NYSE-A: NFGC) ("New Found Gold") and Maritime Resources Corp. (TSXV:MAE) ("Maritime" and collectively with New Found Gold, the "Companies") are pleased to announce that the Companies have entered into a definitive agreement (the "Arrangement Agreement"), pursuant to which New Found Gold has agreed to acquire all of the issued and outstanding common shares of Maritime that it does not already own (the "Transaction") by way of a plan of arrangement (the "Arrangement"). New Found Gold and Maritime will host a joint conference call and webcast to discus
VANCOUVER, BC, Sept. 2, 2025 /PRNewswire/ - New Found Gold Corp. ("New Found Gold" or the "Company") (TSXV:NFG) (NYSE-A: NFGC) is pleased to announce the results of a Phase III Metallurgical Testing Program (the "Program") on the Company's 100% owned Queensway Gold Project ("Queensway" or the "Project"), located in Newfoundland and Labrador, Canada. The Program included test work on newly collected samples from the Keats West zone ("Keats West"), and previously tested samples from Keats, Golden Joint, Lotto and Iceberg zones, with a primary focus on Keats West. Highlights: Keats West master composite sulphide samples produced a gold concentrate with an average 89.2% overall recovery, confirm
VANCOUVER, BC, Aug. 27, 2025 /PRNewswire/ - New Found Gold Corp. ("New Found Gold" or the "Company") (TSXV:NFG) (NYSE-A: NFGC) is pleased to announce that it has completed its previously announced non-brokered private placement of 12,269,939 common shares of the Company (the "Common Shares") for gross proceeds to New Found Gold of C$20,000,000.57 (the "Private Placement"). The Common Shares have a hold period of four months and one day from closing, expiring on December 27, 2025. Mr. Eric Sprott through 2176423 Ontario Ltd., a corporation beneficially owned by him, acquired 12
VANCOUVER, BC, Aug. 20, 2025 /PRNewswire/ - New Found Gold Corp. ("New Found Gold" or the "Company") (TSXV:NFG) (NYSE-A: NFGC) is pleased to welcome Tamara Brown to its board of directors (the "Board"). Following the Annual General and Special Meeting of the shareholders of New Found Gold (the "Shareholders") held in Vancouver, BC, on August 20, 2025 (the "Meeting"), the Board now comprises Paul Huet, Keith Boyle, William Hayden, Vijay Mehta, Melissa Render, Chad Williams and Tamara Brown. At the Meeting, disinterested Shareholders voted in favour of an ordinary resolution to
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(All amounts expressed in Canadian dollars unless stated otherwise) VANCOUVER, BC, Sept. 5, 2025 /PRNewswire/ - New Found Gold Corp. (TSXV:NFG) (NYSE-A: NFGC) ("New Found Gold") and Maritime Resources Corp. (TSXV:MAE) ("Maritime" and collectively with New Found Gold, the "Companies") are pleased to announce that the Companies have entered into a definitive agreement (the "Arrangement Agreement"), pursuant to which New Found Gold has agreed to acquire all of the issued and outstanding common shares of Maritime that it does not already own (the "Transaction") by way of a plan of arrangement (the "Arrangement"). New Found Gold and Maritime will host a joint conference call and webcast to discus
Solid low-cost production profile from year one via a phased mine plan:Phase 1: Low Initial capital cost of $155 million, builds average annual gold production of 69.3koz oz Au1 at an AISC2 of US$1,282/oz Au in Years 1 to 4 planned to fund Phase 2.Phase 2: Growth capital of $442 million, builds average annual gold production of 172.2koz Au at an AISC of US$1,090/oz Au in Years 5 to 9 paid back in less than one year.Early revenue potential: Initial gold production targeted for 2027 pending regulatory approval.Significant leverage to gold price: After-tax NPV5%3 increases to $1.45 billion from $743 million and IRR4 increases to 197% from 56.3% when gold price raised to US$3,300/oz Au from base
Equity Insider News Commentary Issued on behalf of Lake Victoria Gold Ltd. VANCOUVER, BC, May 8, 2025 /PRNewswire/ -- Equity Insider News Commentary – So far in 2025, gold has twice touched the remarkable $3,400 per ounce mark—first in April and again this week—raising the question of just how far this rally could go. Bloomberg Intelligence's Senior Commodity Strategist Mike McGlone suggests the widening gap between oil and gold prices signals not only recessionary pressure, but also a potential surge to $4,000 gold. Meanwhile, industry veteran Rob McEwen believes investor momentum could carry gold even higher, forecasting a rush back into mining equities and a possible run to $5,000 per oun
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SC 13D/A - New Found Gold Corp. (0001840616) (Subject)
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VANCOUVER, BC, Sept. 15, 2025 /PRNewswire/ - New Found Gold Corp. ("New Found Gold" or the "Company") (TSXV:NFG) (NYSE-A: NFGC) is pleased to announce Dr. Andrew Furey, former Premier of Newfoundland and Labrador ("NL"), has been appointed as an independent Director of the Board effective immediately. The Company continues to strengthen its Management team with the appointment of Hashim Ahmed as Chief Financial Officer ("CFO") and Robert Assabgui, current Study Manager of New Found Gold, as Chief Operating Officer ("COO") effective immediately. Vijay Mehta will be stepping down from his role as Director effective immediately and Michael Kanevsky, current Chief Financial Officer, will be assi
VANCOUVER, BC, May 7, 2025 /PRNewswire/ - New Found Gold Corp. ("New Found Gold" or the "Company") (TSXV:NFG) (NYSE-A: NFGC) is pleased to announce the start of the 2025 work program on the Company's 100%-owned Queensway Gold Project ("Queensway" or the "Project") in Newfoundland and Labrador, Canada. Highlights: Infill drilling is underway at the Keats West ("Keats West") and Lotto ("Lotto") zones with four diamond drill rigs.Two additional drills will be mobilized in June 2025 to allow for both infill and exploration drilling.Exploration drilling will focus on high-priority exploration targets, including the Dome ("Dome") and Dropkick ("Dropkick") zones.Dewatering of the Iceberg zone ("Ice
VANCOUVER, BC, March 3, 2025 /PRNewswire/ - New Found Gold Corp. ("New Found" or the "Company") (TSXV:NFG) (NYSE-A: NFGC) is pleased to announce the appointment of Chad Williams to its board of directors (the "Board"). Effective immediately, Mr. Williams will replace Collin Kettell, Founder of New Found, who is stepping off the Board. Mr. Williams is the Chairman and Founder of Red Cloud Mining Capital Inc. He has extensive experience in mining finance and management, having previously held the positions of CEO of Victoria Gold Corp. and Head of Mining Investment Banking at Blackmont Capital Inc., and was a highly ranked mining analyst at TD Bank and other Canadian brokerage firms. Paul Huet
VANCOUVER, BC, Feb. 18, 2025 /PRNewswire/ - New Found Gold Corp. ("New Found" or the "Company") (TSXV:NFG) (NYSE-A: NFGC) is pleased to announce the appointment of Dr. Fiona Childe (Ph.D., P.Geo.) as Vice President, Communications and Corporate Development, Dr. Jared Saunders (Ph.D., CRSP, EP) as Vice President, Sustainability, and Robert Assabgui (P.Eng.) as Study Manager. All appointments are effective immediately. Keith Boyle, CEO of New Found, stated: "On behalf of the board, I am excited to welcome Fiona and Robert to the New Found team and congratulate Jared on his promo
VANCOUVER, BC, Feb. 11, 2025 /PRNewswire/ - New Found Gold Corp. ("New Found" or the "Company") (TSXV:NFG) (NYSE-A: NFGC) is pleased to announce the results from five diamond drill holes completed as part of a step-out program at the Dropkick Zone. Dropkick is located at the recently acquired Kingsway property ("Kingsway") that now forms the most northern extent of the Queensway Project and is on trend with numerous discoveries made further south along the Appleton Fault Zone ("AFZ"). New Found's 100%-owned Queensway Project comprises a 1,756 km2 area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador. Highlights: Hole No. From (m) To (m) Interval (m) Au
VANCOUVER, BC, Jan. 20, 2025 /PRNewswire/ - New Found Gold Corp. ("New Found" or the "Company") (TSXV:NFG) (NYSE-A: NFGC) is pleased to announce the appointment of Keith Boyle as Chief Executive Officer of New Found. Mr. Boyle is a highly experienced executive and operator, having successfully helped lead several development projects throughout his career. Most recently, as Chief Operating Officer, Keith led the accelerated advancement of Reunion Gold's Oko West discovery through to acquisition by G Mining Ventures for $870 million. Paul Huet, Independent Chairman of New Found
– ANNOUNCES RESULTS OF MEETING OF SHAREHOLDERS – VANCOUVER, BC, Dec. 18, 2024 /PRNewswire/ - New Found Gold Corp. ("New Found" or the "Company") (TSXV:NFG) (NYSE-A: NFGC) is pleased to welcome Paul Huet, William Hayden, and Melissa Render to its board of directors (the "Board"). Following the Annual General Meeting of the shareholders of New Found held in Vancouver, BC, on December 17, 2024 (the "Meeting"), as part of a planned transition, Paul Huet was appointed Chair of the Board, and Melissa Render as President of the Company. The Board now comprises Paul Huet, Collin Kettell, Vijay Mehta, William Hayden, and Melissa Render.
VANCOUVER, BC, Nov. 6, 2024 /PRNewswire/ - New Found Gold Corp. ("New Found" or the "Company") (TSXV:NFG) (NYSE-A: NFGC) is pleased to announce initiation of work towards a maiden resource estimate and preliminary economic assessment ("PEA") for the Queensway Project ("Queensway" or the "Project"), which comprises a 1,756 km2 area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador. Highlights: The Company has engaged SLR Consulting ("SLR") to deliver a maiden resource estimate and PEA, with an anticipated completion date of Q2 2025. The ap
New Found Gold Corp. ("New Found" or the "Company") (TSXV:NFG, NYSE-A: NFGC))) is pleased to announce that Raymond Threlkeld has joined as an independent member of the Company's board of directors. Highlights: Mr. Threlkeld is a geologist with over 40 years of extensive technical expertise managing teams through exploration, reserve estimates, feasibility studies, and construction, leading several operations through to production including Cowal Gold Mine – Australia, Veledaro – Argentina, Lagunas Norte & Pierina – Peru, and Bulyanhulu – Tanzania. The Pierina Mine produced over 8 million ounces of gold in a 20-year period and launched Barrick Gold to the top of the South American mining
New Found Gold Corp. ("New Found" or the "Company") (TSXV:NFG, NYSE-A: NFGC))) is pleased to announce that Collin Kettell has been appointed CEO of the Company and that Vijay Mehta has joined as a member of the Company's board of directors. As part of a planned transition Craig Roberts has resigned as CEO and as a director of the Company and will continue with the Company as a full-time consultant in the role of Lead Advisor. Stated Collin Kettell, Chair and CEO: "New Found finds itself in an enviable position at a time when investors are showing renewed interest in gold and gold equities. To date we have made multiple high-grade gold discoveries over approximately 2.7km of strike along th