PriceTargets.com logo

New Found Gold - NFGC Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $9.00
  • Forecasted Upside: 146.58%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$3.65 As of 04/23/2024 10:45 AM ET
▲ +0.04 (1.11%)

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

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New New Found Gold Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for NFGC and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for NFGC

Analyst Price Target is $9.00
▲ +146.58% 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 146.58% upside from the last price of $3.65.

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

Read Analyst Price Chart DescriptionSkip Analyst Price Chart




Current Consensus is Buy

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

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/30/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/28/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/28/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
7/27/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/25/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/23/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/23/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/22/2024

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/8/2024Roth 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 4/23/2019 forward)

News Sentiment Rating

0.56 (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
  • 2 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/26/2023
  • 7 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/26/2023
  • 4 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/25/2023
  • 2 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/25/2023
  • 1 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/24/2024
  • 2 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/23/2024
  • 7 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/24/2024
  • 7 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
4/23/2024

Current Sentiment

  • 7 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

New Found Gold logo
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% interests in the Queensway project that includes 94 mineral licenses and 6,649 claims covering an area of 166,225 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.
Read More

Today's Range

Now: $3.65
Low: $3.58
High: $3.66

50 Day Range

MA: $3.51
Low: $3.05
High: $3.96

52 Week Range

Now: $3.65
Low: $3.02
High: $5.27

Volume

69,715 shs

Average Volume

296,024 shs

Market Capitalization

$693.28 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.22

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 146.6%. 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 Gatos Silver, Taseko Mines, DRDGOLD, Endeavour Silver 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.