BMO Capital Markets initiated coverage of New Found Gold Corp. with a rating of Outperform
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/15/2023 | $9.00 | Buy | ROTH MKM |
| 6/6/2022 | Outperform | BMO Capital Markets |
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
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)
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
(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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