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New Found Gold Corp (NFGC) Fair Value & Analysis

Basic Materials · US · Market cap $622M

Price$1.54
Fair Value$2.30
Upside+49.4%
Quality95/100
Evidence: Low Range $1.72 – $2.87

Fair value as of: Jun 24, 2026

Analysis

New Found Gold Corp (NFGC) currently trades at $1.54, while our model-based Fair Value estimate is $2.30 — implying the stock looks roughly 49.4% undervalued today. We read business quality at 95/100 (high quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low) — always confirm before acting.

About the company

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, Canada. The company primarily explores for gold deposit. It holds 100% interests in the Queensway project that includes 103 mineral licenses and 7,018 claims covering an area of 175,600 hectares located near Gander, Newfoundland; and the Kingsway project located in 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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Frequently asked questions

Is New Found Gold Corp (NFGC) undervalued?
As of Jun 24, 2026, our model estimates a fair value of $2.30 versus a price of $1.54 — about +49% (undervalued). Model-based estimate, not financial advice.
What is the fair value of NFGC?
Our 21-model fair value for New Found Gold Corp is $2.30 (as of Jun 24, 2026), built from audited fundamentals. The current price is $1.54.
What is the quality score of NFGC?
New Found Gold Corp has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.