New Found Gold Corp. (TSXV:NFG)

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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	193.83	58.84	22.32	53.88	82.17	100.48
Trading Asset Securities	9.33	8.9	0.93	3.6	7.5	31.94
Cash & Short-Term Investments	203.16	67.73	23.24	57.48	89.67	132.43
Cash Growth	201.15%	191.41%	-59.56%	-35.89%	-32.29%	92.42%
Other Receivables	9.84	4.33	2.21	3.37	3.14	1.81
Receivables	9.84	4.33	5.03	3.37	3.14	1.81
Inventory	15.16	8.82	-	-	-	-
Prepaid Expenses	1.95	3.35	1.48	1.52	1.22	1.97
Other Current Assets	-	-	-	-	0.3	0.32
Total Current Assets	230.11	84.23	29.75	62.38	94.33	136.52
Property, Plant & Equipment	347.81	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	3.22	2.62	0.18	-	-	-
Total Assets	705.68	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	14.31	8.68	3.08	5.19	5.31	2.54
Accrued Expenses	12.93	4.01	1.82	0.02	0.28	0.03
Current Portion of Long-Term Debt	7.26	0.1	2.43	-	-	-
Current Portion of Leases	0.18	0.2	0.05	0.09	0.08	0.05
Current Unearned Revenue	8.25	8.68	-	12.43	20.06	10.13
Other Current Liabilities	-	-	-	1.29	1.41	-
Total Current Liabilities	42.93	21.67	7.38	19.01	27.14	12.76
Long-Term Debt	59.8	0.5	-	-	-	-
Long-Term Leases	0.7	0.34	0.07	0.07	0.07	0.05
Long-Term Unearned Revenue	-	-	-	-	-	12.6
Long-Term Deferred Tax Liabilities	83.23	83.65	-	-	-	-
Other Long-Term Liabilities	11.01	10.87	-	-	-	-
Total Liabilities	197.67	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	822.49	703.26	341.35	290.24	229.63	181.8
Retained Earnings	-386.08	-357.34	-309.76	-259.5	-179.61	-89.62
Comprehensive Income & Other	71.6	73.17	34.99	34.76	33.45	30.47
Shareholders' Equity	508.01	419.1	66.57	65.5	83.47	122.65
Total Liabilities & Equity	705.68	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	67.94	1.14	2.55	0.16	0.15	0.1
Net Cash (Debt)	135.22	66.59	20.69	57.32	89.52	132.33
Net Cash Growth	100.68%	221.80%	-63.90%	-35.96%	-32.35%	92.42%
Net Cash Per Share	0.52	0.28	0.11	0.32	0.54	0.85
Filing Date Shares Outstanding	385.23	345.21	200.61	189.09	175.38	164.24
Total Common Shares Outstanding	384.36	342.33	200.46	186.87	175.38	164.21
Working Capital	187.18	62.56	22.37	43.37	67.19	123.76
Book Value Per Share	1.32	1.22	0.33	0.35	0.48	0.75
Tangible Book Value	383.47	298.02	66.57	65.5	83.47	122.65
Tangible Book Value Per Share	1.00	0.87	0.33	0.35	0.48	0.75
Machinery	247.57	168.81	-	3.42	2.45	1.39
Construction In Progress	27.34	14.82	-	-	-	-

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 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:

Aug 20, 2026

Data Sources Report a data error