Overview
Compare with Osisko Gold Group Inc., Seabridge Gold or Trekor Metals Ltd, or pick any stock.
- TickerNFGC on NYSE2
- IndustryGold and Silver Ores2
- HeadquartersVancouver, Canada2
- Incorporated inBritish Columbia, Canada4
- Business address20 Adelaide St. E, Suite 603, Toronto, M5C 2T64
- Filer category, Emerging growth company4
- Legal formCompany (includes community contribution company and unlimited liability company)2
- LEI98450056568BF2A907832
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered address1133 MELVILLE STREET SUITE 3500, V6E 4E5 Vancouver, Canada2
- Registered withBC Registry Services, C12544612
Financials
From the company’s reports to the SEC. Every number links to the filing it came from. Figures are in CAD, the currency the company reports in.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue94¢5.7M CAD
- Income tax6¢394.6K CAD
Out of 5.8M CAD in revenue.3 The company lost money this year.
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenue | 5.8M CAD | |
| Operating expenses | 5.7M CAD | |
| Selling expenses | 17.3K CAD | |
| Cost of sales | 5.7M CAD | |
| Income from mine operations | 118.3K CAD | |
| Exploration and evaluation | 41.4M CAD | 52.6M CAD |
| General and administrative | 11.7M CAD | 6.9M CAD |
| Share-based compensation | 6.3M CAD | 889.0K CAD |
| Transaction costs | 4.8M CAD | |
| Expenses | 64.1M CAD | 60.3M CAD |
| Loss from operations | -64.0M CAD | -60.3M CAD |
| Settlement of flow-through share premium | 7.6M CAD | 12.4M CAD |
| Gains (losses) on investments | 6.3M CAD | -2.9M CAD |
| Interest, accretion and financing expenses | -112.6K CAD | -25.1K CAD |
| Interest income | 1.4M CAD | 2.9M CAD |
| Impairment reversal on equity investment | 1.0M CAD | |
| Other income (expenses) | -194.2K CAD | -2.3M CAD |
| Total other income (expenses) | 16.0M CAD | 10.0M CAD |
| Loss before income and mining taxes | -48.0M CAD | -50.3M CAD |
| Income and mining tax recoveries - deferred | 394.6K CAD | |
| Net loss and comprehensive loss for the year | -47.6M CAD | -50.3M CAD |
| Loss per share - basic | -0.20 CAD | -0.26 CAD |
| Loss per share - diluted | -0.20 CAD | -0.26 CAD |
| Weighted average number of common shares outstanding - basic | 234.6M shares | 194.0M shares |
| Weighted average number of common shares outstanding - diluted | 234.6M shares | 194.0M shares |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | 58.8M CAD | 22.3M CAD | 53.9M CAD |
| Receivables | 4.3M CAD | 2.2M CAD | |
| Inventories | 8.8M CAD | ||
| Investments | 8.9M CAD | 926.0K CAD | 3.6M CAD |
| Prepayments and deposits | 3.4M CAD | 1.5M CAD | |
| Secured notes | 2.8M CAD | ||
| Total current assets | 84.2M CAD | 29.8M CAD | |
| Property, plant and equipment | 250.5M CAD | 8.1M CAD | |
| Exploration and evaluation assets | 77.7M CAD | 34.5M CAD | 9.1M CAD |
| Goodwill | 121.1M CAD | ||
| Investment in Kirkland Lake Discoveries Corp. | 1.5M CAD | ||
| Other assets | 2.6M CAD | 179.7K CAD | |
| Total assets | 536.1M CAD | 74.0M CAD | |
| Accounts payable and accrued liabilities | 12.3M CAD | 4.9M CAD | |
| Flow-through share premium | 8.7M CAD | ||
| Other current liabilities | 654.8K CAD | 2.5M CAD | |
| Total current liabilities | 21.7M CAD | 7.4M CAD | |
| Loans payable | 503.4K CAD | ||
| Lease liabilities | 340.2K CAD | 69.3K CAD | |
| Deferred income tax liabilities | 83.6M CAD | ||
| Reclamation and closure cost provisions | 10.9M CAD | ||
| Total liabilities | 117.0M CAD | 7.4M CAD | |
| Share capital | 703.3M CAD | 341.3M CAD | |
| Reserves | 42.8M CAD | 35.0M CAD | |
| Warrants | 30.3M CAD | ||
| Deficit | -357.3M CAD | -309.8M CAD | |
| Total shareholders' equity | 419.1M CAD | 66.6M CAD | 65.5M CAD |
| Total liabilities and shareholders' equity | 536.1M CAD | 74.0M CAD |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | 58.8M CAD | 22.3M CAD | 53.9M CAD |
| Receivables | 4.3M CAD | 2.2M CAD | |
| Inventories | 8.8M CAD | ||
| Investments | 8.9M CAD | 926.0K CAD | 3.6M CAD |
| Prepayments and deposits | 3.4M CAD | 1.5M CAD | |
| Secured notes | 2.8M CAD | ||
| Total current assets | 84.2M CAD | 29.8M CAD | |
| Property, plant and equipment | 250.5M CAD | 8.1M CAD | |
| Exploration and evaluation assets | 77.7M CAD | 34.5M CAD | 9.1M CAD |
| Goodwill | 121.1M CAD | ||
| Investment in Kirkland Lake Discoveries Corp. | 1.5M CAD | ||
| Other assets | 2.6M CAD | 179.7K CAD | |
| Total assets | 536.1M CAD | 74.0M CAD | |
| Accounts payable and accrued liabilities | 12.3M CAD | 4.9M CAD | |
| Flow-through share premium | 8.7M CAD | ||
| Other current liabilities | 654.8K CAD | 2.5M CAD | |
| Total current liabilities | 21.7M CAD | 7.4M CAD | |
| Loans payable | 503.4K CAD | ||
| Lease liabilities | 340.2K CAD | 69.3K CAD | |
| Deferred income tax liabilities | 83.6M CAD | ||
| Reclamation and closure cost provisions | 10.9M CAD | ||
| Total liabilities | 117.0M CAD | 7.4M CAD | |
| Share capital | 703.3M CAD | 341.3M CAD | |
| Reserves | 42.8M CAD | 35.0M CAD | |
| Warrants | 30.3M CAD | ||
| Deficit | -357.3M CAD | -309.8M CAD | |
| Total shareholders' equity | 419.1M CAD | 66.6M CAD | 65.5M CAD |
| Total liabilities and shareholders' equity | 536.1M CAD | 74.0M CAD |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Loss for the year | -47.6M CAD | -50.3M CAD |
| Depreciation | 827.9K CAD | 813.7K CAD |
| Gains (losses) on investments | -6.3M CAD | 2.9M CAD |
| Impairment reversal on equity investment | -1.0M CAD | |
| Income and mining tax recoveries - deferred | -394.6K CAD | |
| Change in estimate of reclamation and closure cost provisions | -266.3K CAD | |
| Accretion on reclamation and closure cost provisions | 38.7K CAD | |
| Interest income | -1.4M CAD | -2.9M CAD |
| Interest expense | 22.9K CAD | 25.1K CAD |
| Gain on secured notes | -55.9K CAD | -140.8K CAD |
| Settlement of legal claim | 1.8M CAD | |
| Unrealized foreign exchange loss (gain) | 116.5K CAD | -224.2K CAD |
| Settlement of flow-through share premium | -7.6M CAD | -12.4M CAD |
| Settlement of reclamation obligations | -151.1K CAD | |
| Interest received | 1.3M CAD | 2.6M CAD |
| Share-based compensation | 6.3M CAD | 889.0K CAD |
| Operating cash flow before changes in non-cash working capital | -56.1M CAD | -57.0M CAD |
| Change in non-cash working capital (Note 24) | 990.4K CAD | 1.3M CAD |
| Net cash and cash equivalents used in operating activities | -55.1M CAD | -55.7M CAD |
| Cash acquired from Maritime acquisition | 9.0M CAD | |
| Purchases of exploration and evaluation assets | -1.5M CAD | -3.9M CAD |
| Proceeds from sale of secured notes | 2.8M CAD | |
| Proceeds on disposal of investments | 752.6K CAD | 1.1M CAD |
| Purchases of property, plant and equipment | -1.8M CAD | -625.8K CAD |
| Interest received on secured notes | 378.0K CAD | |
| Other assets | -37.0K CAD | -179.7K CAD |
| Net cash and cash equivalents from (used in) investing activities | 9.3M CAD | -3.2M CAD |
| Proceeds from issuance of common shares | 83.5M CAD | 27.5M CAD |
| Share issue costs | -4.0M CAD | -924.7K CAD |
| Stock options exercised | 2.5M CAD | 862.5K CAD |
| Warrants exercised | 516.7K CAD | |
| Repayment of loans | -22.8K CAD | |
| Lease principal payments | -35.7K CAD | -134.0K CAD |
| Loan and lease interest payments | -52.5K CAD | -25.1K CAD |
| Net cash and cash equivalents from financing activities | 82.4M CAD | 27.3M CAD |
| Effect of exchange rate fluctuations on cash and cash equivalents | -22.0K CAD | 2.9K CAD |
| Net increase (decrease) in cash and cash equivalents | 36.5M CAD | -31.6M CAD |
No quarter-by-quarter statement was filed.
Corporate structure
New Found Gold Corp. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of New Found Gold Corp.
- Palisades Goldcorp Ltd. Filed SCHEDULE 13G/A on New Found Gold Corp., latest May 15, 2026 (3 filings since Feb 10, 2025)
- Dundee Corporation Filed SCHEDULE 13G/A on New Found Gold Corp., latest Feb 2, 2026 (2 filings since Feb 2, 2026)
- Eric Sprott Filed SCHEDULE 13D/A on New Found Gold Corp., latest Nov 17, 2025 (6 filings since Dec 1, 2021)
- New Found Gold Corp. Vancouver, British Columbia, Canada
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What New Found Gold Corp. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | 250.5M CAD3 Dec 31, 2025 | 8.1M CAD3 Dec 31, 2024 | +3009.8% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | 58.8M CAD3 Dec 31, 2025 | 22.3M CAD3 Dec 31, 2024 | +163.6% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | 121.1M CAD3 Dec 31, 2025 |
Inventory
Timeline
- Jun 23, 2020Founded New Found Gold Corp. is founded2
Calendar
Coming up
- Nov 6, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported ($0.08) a share, on Nov 7, 2025.9
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
301 filings to the SEC since October 2021: 6 annual reports, 11 large holders, 284 other. The latest 20:
- Oct 15, 20266-K EDGAR
- Sep 16, 20266-K EDGAR
- Aug 25, 20266-K EDGAR
- Aug 14, 20266-K EDGAR
- Aug 12, 20266-K EDGAR
- Aug 12, 20266-K EDGAR
- Jul 21, 20266-K EDGAR
- Jul 7, 2026SD FORM-SD EDGAR
- Jul 6, 20266-K EDGAR
- Jun 29, 20266-K EDGAR
- Jun 25, 20266-K EDGAR
- Jun 11, 20266-K EDGAR
- Jun 2, 20266-K EDGAR
- May 19, 20266-K EDGAR
- May 15, 2026SCHEDULE 13G/A EDGAR
- May 15, 20266-K EDGAR
- May 13, 20266-K EDGAR
- May 13, 20266-K EDGAR
- May 4, 20266-K EDGAR
- May 4, 20266-K EDGAR
The 301 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Palisades Goldcorp Ltd.SCHEDULE 13G/A, 3 filings Feb 10, 2025 to May 15, 202610
- Dundee CorporationSCHEDULE 13G/A, 2 filings Feb 2, 202611
- Eric SprottSCHEDULE 13D/A, 6 filings Dec 1, 2021 to Nov 17, 202512
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 86. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Merk Investments LLC | 16,312,500 | $25.2M | 8.0% | +11,562,500 |
| Sprott Inc. | 10,474,172 | $16.1M | 0.5% | +2,749,142 |
| Van Eck Associates Corp | 8,142,889 | $12.6M | 0.0% | +527,903 |
| Groupe la Francaise | 2,500,000 | $3.9M | 0.0% | +168,100 |
| Bank Of America Corp /de/ | 2,447,500 | $3.8M | 0.0% | −1,891,839 |
| Marshall Wace, Llp | 2,296,568 | $3.5M | 0.0% | −140,438 |
| Morgan Stanley | 1,847,247 | $2.8M | 0.0% | −811,360 |
| D. E. Shaw & Co., Inc. | 1,758,915 | $2.7M | 0.0% | −326,700 |
| Heartland Advisors Inc | 854,200 | $1.3M | 0.1% | −46,500 |
| Jane Street Group, LLC | 831,532 | $1.3M | 0.0% | −1,227,718 |
| Citadel Advisors LLC | 786,292 | $1.2M | 0.0% | +571,063 |
| Millennium Management LLC | 579,404 | $892.7K | 0.0% | −750,558 |
| Anson Funds Management LP | 549,500 | $847.7K | 0.1% | New |
| Two Sigma Investments, LP | 476,295 | $733.5K | 0.0% | −950,938 |
| Renaissance Technologies LLC | 445,400 | $685.9K | 0.0% | −260,923 |
| Alps Advisors Inc | 407,594 | $627.7K | 0.0% | New |
| Jpmorgan Chase & Co | 265,892 | $404.2K | 0.0% | +192,886 |
| Balyasny Asset Management L.P. | 250,000 | $385.9K | 0.0% | New |
| XTX Topco Ltd | 217,447 | $334.9K | 0.0% | +7,355 |
| Quadrature Capital Ltd | 215,811 | $332.3K | 0.0% | New |
| Susquehanna International Group, Llp | 192,439 | $296.4K | 0.0% | −65,006 |
| Bank Of Montreal /can/ | 169,883 | $262.1K | 0.0% | +15,983 |
| Total Wealth Planning & Management, Inc. | 166,500 | $256.4K | 0.2% | +10,400 |
| HUB Investment Partners, LLC | 150,000 | $231.0K | 0.0% | No change |
| Metatron Capital SICAV plc - Metatron Long Term Equity Fund | 134,000 | $206.7K | 0.1% | New |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How New Found Gold Corp. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARNew Found Gold Corp.1
- CIK0001840616
- Employer ID (EIN)00-000000013
- Filer status<br>emerging growth company an emerging growth company1
- Incorporated inBritish Columbia13
- Fiscal year endsDecember 311
- Industry code (SIC)1040 Gold and Silver Ores1
- SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
- Business address20 Adelaide St. E, Suite 603, Toronto, Canada M5C 2T6, Ontario, Canada1
- Mailing address20 Adelaide Street East, Suite 603, Toronto, Canada M5C 2T6, Ontario, Canada1
- Phone845-535-14861
- Shares outstanding342,329,665 shares as of Dec 31, 202513
- AuditorKPMG LLP, Vancouver, British Columbia, Canada PCAOB ID 85; no auditor attestation of internal control over financial reporting13
- On EDGAR sinceJan 29, 20211
- Filings310 in all: 6-K (263), SUPPL (9), 40-F (5), F-X (3), FWP (3), SC 13D/A (3), SCHEDULE 13G/A (3), SD (3)1
All 22 form types
20FR12B/A (2), F-10 (2), SCHEDULE 13D/A (2), SCHEDULE 13G (2), 20FR12B (1), 40-F/A (1), 40FR12B (1), 40FR12B/A (1), 6-K/A (1), CERT (1), F-X/A (1), RW (1), SC 13D (1), SEC STAFF ACTION (1)
- Latest filingsAnnual report (40-F) Mar 25, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Shares, no par value | NFGC | NYSE American |
From the cover page of the 40-F filed Mar 25, 2026 (Section 12(b) of the Exchange Act).13
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 9NasdaqNasdaq calendar
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