$NFGC

New Found Gold Corp. (NFGC) announced a 38% increase in its higher-confidence gold estimate at Queensway, with an after-tax NPV5% of $1.728B at $3,600/oz gold, rising to $2.225B at $4,100/oz. The updated PEA projects 1.744M oz Au over 15 years, with Phase 1 production starting in Q4/27. The company is well-capitalized with $167M in cash and a $35M debt facility.

New Found Gold Corp. (NFGC) reported Q3 2026 operational results, producing 4,863 oz of gold and selling 6,035 oz at an average price of US$4,310 per oz. The company expects strong performance to continue, with plans to expand production and improve efficiency. NFGC has cash of $167M and debt of $70M as of Q3 2026.

New Found Gold Corp. (TSX: NFGC, NYSE: NFGC) announced commercial production at its Hammerdown Gold Mine, meeting throughput, recovery, and grade criteria. The stock rose 8% to $2.43 on the TSX. The company produced 9,140 ounces of gold in the first eight months of 2026, with an average sale price of $6,271 per ounce.

New Found Gold Corp. (TSXV: NFG, NYSE American: NFGC) said it filed its second quarter 2026 financial statements and related MD&A with Canadian regulators and the SEC. The company also reiterated plans to advance Queensway toward Phase I production and bring the Hammerdown deposit into commercial gold production in H2/26, plus conditional TSX graduation approval.

New Found Gold Corp. reported Phase 2 open pit and underground infill results from the Lotto Zone at its 100% owned Queensway Gold Project in Newfoundland and Labrador. Channel samples included 23.7 g/t Au over 15.88 m and 43.5 g/t Au over 4.75 m from infill drilling. The company said results align with its inferred resource model and will feed the next MRE update.

New Found Gold Corp. says its Queensway gold project in Newfoundland and Labrador, including four open pits and processing at its Pine Cove facility, is moving from exploration to mining. The province ordered additional environmental assessment work, requiring an environmental preview report after a July 3 decision. Public review is 35 days after submission, with minister decision 45 days later.

Palisades Goldcorp Ltd. has filed an amended Schedule 13G, disclosing beneficial ownership of 26.75 million common shares of New Found Gold Corp. (NFGC), which represents a 7.8% stake. This filing updates their passive investment and clarifies their sole voting and dispositive power over these shares. The reported percentage is based on 345.21 million shares outstanding as of March 31, 2026.

New Found Gold director Tamara Lee Brown purchased 10,000 shares of the company's stock on March 30th at C$2.42 per share, totaling C$24,200, which increased her ownership by 149.25% to 16,700 shares. The stock traded at C$2.40 on Monday, with a market capitalization of C$828.51 million. New Found Gold Corp. is a mineral exploration company focused on gold deposits in Newfoundland and Labrador and Ontario, holding 100% interest in the Queensway project.

Dundee Corp. has announced the sale of New Found Gold Corp. units for $159.1 million to redeploy capital and strengthen its cash generation profile. The transaction involves selling 24.5 million units at $4.00 each, with warrants that could bring total proceeds to $159.1 million if fully exercised. This sale significantly reduces Dundee's stake in New Found Gold, yet preserves future participation through retained warrants.

New Found Gold Corp. (NFGC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).