New Found Gold Corp. (TSX:NFGC)

New Found Gold Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	167.11	58.84	22.32	53.88	82.17	100.48
Trading Asset Securities	-	8.9	0.93	3.6	7.5	31.94
Cash & Short-Term Investments	177.01	67.73	23.24	57.48	89.67	132.43
Cash Growth	146.96%	191.41%	-59.56%	-35.89%	-32.29%	92.42%
Other Receivables	7	4.33	2.21	3.37	3.14	1.81
Receivables	7	4.33	5.03	3.37	3.14	1.81
Inventory	21.01	8.82	-	-	-	-
Prepaid Expenses	2.46	3.35	1.48	1.52	1.22	1.97
Other Current Assets	-	-	-	-	0.3	0.32
Total Current Assets	207.49	84.23	29.75	62.38	94.33	136.52
Property, Plant & Equipment	370.34	328.21	42.56	16.89	16.35	11.54
Long-Term Investments	-	-	1.53	2.86	-	-
Goodwill	124.54	121.07	-	-	-	-
Other Long-Term Assets	3.41	2.62	0.18	-	-	-
Total Assets	705.78	536.13	74.02	84.58	110.69	148.06

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	31.26	8.68	3.08	5.19	5.31	2.54
Accrued Expenses	-	4.01	1.82	0.02	0.28	0.03
Current Portion of Long-Term Debt	-	0.1	2.43	-	-	-
Current Portion of Leases	-	0.2	0.05	0.09	0.08	0.05
Current Unearned Revenue	-	8.68	-	12.43	20.06	10.13
Other Current Liabilities	6.75	-	-	1.29	1.41	-
Total Current Liabilities	40.21	21.67	7.38	19.01	27.14	12.76
Long-Term Debt	60.39	0.5	-	-	-	-
Long-Term Leases	1.12	0.34	0.07	0.07	0.07	0.05
Long-Term Unearned Revenue	-	-	-	-	-	12.6
Long-Term Deferred Tax Liabilities	90.23	83.65	-	-	-	-
Other Long-Term Liabilities	10.35	10.87	-	-	-	-
Total Liabilities	202.31	117.03	7.45	19.08	27.21	25.4

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	827.67	703.26	341.35	290.24	229.63	181.8
Retained Earnings	-392.48	-357.34	-309.76	-259.5	-179.61	-89.62
Comprehensive Income & Other	68.28	73.17	34.99	34.76	33.45	30.47
Shareholders' Equity	503.47	419.1	66.57	65.5	83.47	122.65
Total Liabilities & Equity	705.78	536.13	74.02	84.58	110.69	148.06

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	61.51	1.14	2.55	0.16	0.15	0.1
Net Cash (Debt)	115.5	66.59	20.69	57.32	89.52	132.33
Net Cash Growth	61.30%	221.80%	-63.90%	-35.96%	-32.35%	92.42%
Net Cash Per Share	0.43	0.28	0.11	0.32	0.54	0.85
Filing Date Shares Outstanding	323.9	345.21	200.61	189.09	175.38	164.24
Total Common Shares Outstanding	323.9	342.33	200.46	186.87	175.38	164.21
Working Capital	167.27	62.56	22.37	43.37	67.19	123.76
Book Value Per Share	1.55	1.22	0.33	0.35	0.48	0.75
Tangible Book Value	378.93	298.02	66.57	65.5	83.47	122.65
Tangible Book Value Per Share	1.17	0.87	0.33	0.35	0.48	0.75
Machinery	-	168.81	-	3.42	2.45	1.39
Construction In Progress	-	14.82	-	-	-	-

Data Source: S&P Global Market Intelligence Last updated: Nov 11, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 15, 2026

Data Sources Report a data error