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Stock impact report

New Found Gold (TSXV:NFG): Valuation Check as Hammerdown Nears First Gold Production in 2025 [Yahoo! Finance]

New Found Gold Corp (NFGC) 
Company Research Source: Yahoo! Finance
See our latest analysis for New Found Gold. The market seems to be waking up to that progress, with a 1 month share price return of 32.66 percent and a 1 year total shareholder return of 68.38 percent. However, the 3 year total shareholder return remains negative, suggesting momentum is rebuilding from a tougher stretch. If you like the story here but want a few more ideas in your back pocket, now is a good time to explore fast growing stocks with high insider ownership as well. With shares already up sharply and trading only modestly below analyst targets, the key question now is whether New Found Gold still offers mispriced upside or if the market has already baked in its next leg of growth. New Found Gold trades at CA$3.94, and its valuation looks punchy with the shares priced well above typical peer levels on book value. The price to book ratio compares a company's market value to its net assets, which is a common yardstick for asset heavy sectors like metals and mining Show less Read more
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