CVE:NFG

4.30
0.06 (1.38%) 1d
0
Investor Insights

This summary was created by AI, based on 3 opinions in the last 12 months.

New Found Gold (NFG-X) has received mixed reviews from experts, with some praising its exploration strategy in Newfoundland and effective international public relations. However, others have expressed concerns about the company's valuation and the quality of its ore assets. Eric Sprott's sponsorship is seen as a positive sign, and the company's deposits in Canada are considered a stable political asset. Overall, there is uncertainty about the production quality of its assets, but the recent interesting discovery and well-promoted stock have generated positivity.

Consensus
Mixed
Valuation
Fair Value
WATCH
New Found Gold

Impressed with exploration strategy in Newfoundland and incredibly effective outreach in international public relations. Relative to the sector, ahead of itself on price. 

0
HOLD
New Found Gold

Believes stock was over valued.
Current share price better reflecting value of company.
Not sure on quality of ore assets.
Eric Sprott sponsorship a good sign for the company.
Deposits in Canada which is a stable political area.
Hesitant on production quality of assets.

0
BUY
New Found Gold

Interesting discovery recently.
Well promoted stock.
Eric Sprott involved.
Does not own shares.
Exploration better than expected. 
High quality deposits that trade on premium. 

0
COMMENT
New Found Gold
In Central Newfoundland. They have done a great job of exploration but is priced ahead of itself with high expectations. Will become a mine. Has a 1.3 market cap. Doesn't own because there are cheaper stocks.
0
TOP PICK
New Found Gold
Exploration. A hold, with a $4.25 target. Possibility of a world-class deposit. Good for Newfoundland & Labrador, as the land is right beside Gander. No dividend. (Analysts’ price target is $4.25)
0
Showing 1 to 5 of 5 entries
  • «
  • 1
  • »

New Found Gold(NFG-X) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for New Found Gold is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

New Found Gold(NFG-X) Frequently Asked Questions

What is New Found Gold stock symbol?

New Found Gold is a Canadian stock, trading under the symbol NFG-X on the TSX Venture Exchange (NFG-CV). It is usually referred to as TSXV:NFG or NFG-X

Is New Found Gold a buy or a sell?

In the last year, 1 stock analyst published opinions about NFG-X. 0 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for New Found Gold.

Is New Found Gold a good investment or a top pick?

New Found Gold was recommended as a Top Pick by on . Read the latest stock experts ratings for New Found Gold.

Why is New Found Gold stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is New Found Gold worth watching?

1 stock analyst on Stockchase covered New Found Gold In the last year. It is a trending stock that is worth watching.

What is New Found Gold stock price?

On 2024-06-18, New Found Gold (NFG-X) stock closed at a price of $4.3.