In the past week, NFGC stock has gone up by 2.68%, with a monthly gain of 30.77% and a quarterly plunge of -16.39%. The volatility ratio for the week is 1.91%, and the volatility levels for the last 30 days are 5.05% for New Found Gold Corp The simple moving average for the past 20 days is 7.67% for NFGC’s stock, with a -15.98% simple moving average for the past 200 days.
Is It Worth Investing in New Found Gold Corp (AMEX: NFGC) Right Now?
Company’s 36-month beta value is 1.08.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for NFGC is 118.32M, and currently, short sellers hold a 4.42% ratio of that floaft. The average trading volume of NFGC on June 12, 2025 was 1.45M shares.
NFGC) stock’s latest price update
New Found Gold Corp (AMEX: NFGC)’s stock price has soared by 3.38 in relation to previous closing price of 1.48. Nevertheless, the company has seen a gain of 2.68% in its stock price over the last five trading days. prnewswire.com reported 2025-06-12 that VANCOUVER, BC, June 12, 2025 /PRNewswire/ – New Found Gold Corp. (TSXV: NFG) (NYSE-A: NFGC) (“New Found Gold” or the “Company”) is pleased to announce that it has closed the second and final tranche of its previously announced “bought deal” public offering of (i) 24,610,000 charity flow-through common shares of the Company (the “Charity Flow-Through Common Shares”) that will qualify as “flow-through shares” (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) at a price of C$2.29 per Charity Flow-Through Common Share (the “Charity Flow-Through Common Share Offering Price”), including the exercise, in full, of the Underwriters’ (as defined below) over-allotment option (the “Over-Allotment Option”) of 3,210,000 Charity Flow-Through Common Shares, and (ii) 4,370,000 common shares (the “Common Shares”) at a price of C$1.63 per Common Share, for aggregate gross proceeds of C$63,480,000 (the “Offering”). The second tranche of the Offering consists of 9,345,000 Charity Flow-Through Common Shares, including the exercise in full of the Over-Allotment Option, for gross proceeds of C$21,400,050.
Analysts’ Opinion of NFGC
Many brokerage firms have already submitted their reports for NFGC stocks, with ROTH MKM repeating the rating for NFGC by listing it as a “Buy.” The predicted price for NFGC in the upcoming period, according to ROTH MKM is $9 based on the research report published on August 15, 2023 of the previous year 2023.
NFGC Trading at 22.14% from the 50-Day Moving Average
After a stumble in the market that brought NFGC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -58.08% of loss for the given period.
Stock Fundamentals for NFGC
The total capital return value is set at -0.91. Equity return is now at value -75.61, with -65.46 for asset returns.
Based on New Found Gold Corp (NFGC), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -451.09. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -2402.59.
Currently, EBITDA for the company is -102.04 million with net debt to EBITDA at 0.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.49.
Conclusion
In a nutshell, New Found Gold Corp (NFGC) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
