New Found Gold Corp. (NFGC)
NYSEAMERICAN: NFGC · Real-Time Price · USD
1.565
-0.085 (-5.12%)
Nov 21, 2024, 11:00 AM EST - Market open
New Found Gold Stock Forecast
NFGC's stock price has decreased by -54.04% in the past year and price targets may not have had time to catch up.
Stock Price Forecast
The 1 analyst with a 12-month price forecast for New Found Gold stock has a target of 9.00, which predicts an increase of 475.01% from the current stock price of 1.57.
Analyst Consensus: Strong Buy
* Price targets were last updated on Apr 23, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for New Found Gold is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Maintains $9 | Strong Buy | Maintains | $9 | +475.01% | Apr 23, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $8.5 → $9 | Strong Buy | Maintains | $8.5 → $9 | +475.01% | Apr 8, 2024 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $9 | Strong Buy | Reiterates | $9 | +475.01% | Sep 21, 2023 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $9 | Strong Buy | Reiterates | $9 | +475.01% | Sep 6, 2023 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $9 | Strong Buy | Reiterates | $9 | +475.01% | Aug 29, 2023 |
Financial Forecast
Revenue This Year
1.55M
Revenue Next Year
515.00K
from 1.55M
Decreased by -66.67%
EPS This Year
-0.24
from -0.45
EPS Next Year
-0.18
from -0.24
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.2M | 1.1M | n/a |
| Avg | 1.5M | 515,000 | n/a |
| Low | n/a | n/a | n/a |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | -32.0% | - |
| Avg | - | -66.7% | - |
| Low | - | - | - |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.16 | -0.02 | -0.42 | ||
| Avg | -0.24 | -0.18 | -0.41 | ||
| Low | -0.30 | -0.32 | -0.39 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | ||
| Avg | - | - | - | ||
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.