NFGCNew Found Gold Corp.

$1.54-38% 1Y

Is the business good?

How good a business is NFGC?

New Found Gold Corp. earns −14% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.

−14%

Return on invested capital · cost of capital 9.0% · 23 points below what the capital costs: growth destroys value

Operating margin
−4512%

Operating margin · Gold median 38% · fiscal year to FY2025

Share count, year on year
+21%

Share count, year on year · shareholders own a smaller slice than a year ago

Gross margin
8.3%

Gross margin

Operating margin by fiscal year
YearOperating margin
FY2020−61968%
FY2021−46174%
FY2022−7270%
FY2023−3707%
FY2024−2102%
FY2025−4512%
Details›
Gross marginfiscal year to FY2025
8.3%
Operating marginfiscal year to FY2025
−4512%
Net marginfiscal year to FY2025
−3355%
Free cash flow margin
−4014%
Revenue, trailing twelve months
$1.4M
Free cash flow, trailing twelve months
−$57M
Net income, trailing twelve months
−$48M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
−14%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.