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Daily valuation snapshot
New Found Gold Corp: source evidence dated 2026-10-09.
- Daily close (USD)
- $1.57
- Market capitalization (USD)
- $603,441,351.93
- Price / earnings (TTM)
- Not reported
- Price / book
- 1.98
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Company overview
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 7,024 claims covering an area of 175,600 hectares located near Gander, Newfoundland; the Kingsway project located in Gander, Newfoundland; and the Mustang Property consisting of 3 mineral licenses. 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.
Daily valuation snapshot
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These values come from the daily market snapshot dated 2026-10-09. TTM means trailing twelve months. Use the market date when comparing NFGC with another company.
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| Daily close (USD) | $1.57 |
| Market capitalization (USD) | $603,441,351.93 |
| Price / earnings (TTM) | Not reported |
| Price / book | 1.98 |
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Company size
New Found Gold Corp's recorded market capitalization is $603,441,351.93. It measures the market value of the company's equity, rather than its revenue or cash balance.
Price relative to earnings
P/E compares share price with trailing annual earnings per share. For a company with losses, inspect the earnings figures directly rather than treating a negative multiple as a cheap valuation.
Price relative to book equity
NFGC's recorded price-to-book ratio is 1.98. That compares its market equity value with recorded book equity. Examine its business and balance sheet to understand why those values differ.
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