New Found Gold - NFGC Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $9.00
  • Forecasted Upside: 145.90%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$3.66
▲ +0.05 (1.39%)

This chart shows the closing price for NFGC by one month, three months, or twelve months.

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Analyst Price Target for NFGC

Analyst Price Target is $9.00
▲ +145.90% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for New Found Gold in the last 3 months. The average price target is $9.00, with a high forecast of $9.00 and a low forecast of $9.00. The average price target represents a 145.90% upside from the last price of $3.66.

This chart shows the closing price for NFGC for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 2 investment analysts is to buy stock in New Found Gold. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

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Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/5/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/5/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/3/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/1/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/30/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/28/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/28/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/28/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/23/2024Roth MkmReiterated RatingBuy ➝ Buy$9.00 ➝ $9.00Low
4/8/2024Roth MkmBoost TargetBuy ➝ Buy$8.50 ➝ $9.00Low
9/21/2023Roth MkmReiterated RatingBuy ➝ Buy$9.00Low
9/6/2023Roth MkmReiterated RatingBuy ➝ Buy$9.00Low
8/29/2023Roth MkmReiterated RatingBuy ➝ Buy$9.00Low
8/15/2023Roth CapitalReiterated RatingBuyLow
8/15/2023Roth MkmInitiated CoverageBuy$9.00Low
6/6/2022BMO Capital MarketsInitiated CoverageBuy$10.00Low
(Data available from 5/28/2019 forward)

News Sentiment Rating

0.76 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 7 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/31/2023
  • 5 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
11/30/2023
  • 1 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
12/30/2023
  • 1 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/29/2024
  • 3 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/28/2024
  • 6 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
3/29/2024
  • 6 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/28/2024
  • 2 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/28/2024

Current Sentiment

  • 2 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.
New Found Gold logo
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. 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.
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Today's Range

Now: $3.66
Low: $3.61
High: $3.73

50 Day Range

MA: $3.65
Low: $3.32
High: $4.03

52 Week Range

Now: $3.66
Low: $3.02
High: $5.27

Volume

259,191 shs

Average Volume

298,183 shs

Market Capitalization

$698.36 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.21

Frequently Asked Questions

What sell-side analysts currently cover shares of New Found Gold?

The following Wall Street analysts have issued reports on New Found Gold in the last twelve months: Roth Capital, and Roth Mkm.
View the latest analyst ratings for NFGC.

What is the current price target for New Found Gold?

1 Wall Street analysts have set twelve-month price targets for New Found Gold in the last year. Their average twelve-month price target is $9.00, suggesting a possible upside of 145.9%. Roth Mkm has the highest price target set, predicting NFGC will reach $9.00 in the next twelve months. Roth Mkm has the lowest price target set, forecasting a price of $9.00 for New Found Gold in the next year.
View the latest price targets for NFGC.

What is the current consensus analyst rating for New Found Gold?

New Found Gold currently has 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe NFGC will outperform the market and that investors should add to their positions of New Found Gold.
View the latest ratings for NFGC.

What other companies compete with New Found Gold?

Other companies that are similar to New Found Gold include DRDGOLD, Aris Mining, Gatos Silver, Taseko Mines and McEwen Mining. Learn More about companies similar to New Found Gold.

How do I contact New Found Gold's investor relations team?

New Found Gold's physical mailing address is 800 West Pender Street Suite 1430 Vancouver, BC V6C 2V6 Canada https://newfoundgold.ca800 West Pender Street Suite 1430 Vancouver, BC V6C 2V6 Canada. The company's listed phone number is 604-562-9664. The official website for New Found Gold is newfoundgold.ca. Learn More about contacing New Found Gold investor relations.