Why New Found Gold (NFGC) Still Has Bullish Backing Despite a Lower Roth MKM Target [Yahoo! Finance]
New Found Gold Corp (NFGC)
Company Research
Source: Yahoo! Finance
The stock is a consensus Buy, with all 4 analysts covering it assigning a Buy rating. The 1-year consensus median price target of $3.65 implies nearly 110% upside (per data compiled by CNN.com While analyst coverage remained relatively thin, a recent note from Roth MKM is notable. On March 10, 2025, Roth MKM analyst Mike Niehuser cut his price target on New Found Gold to $5 from $9 but maintained a Buy rating. Why New Found Gold (NFGC) Still Has Bullish Backing Despite a Lower Roth MKM Target His comments suggested the target cut did not reflect a negative view on the underlying geology. Instead, he said the company had exceeded expectations in demonstrating the gold potential of the Queensway North area, citing mineralization to the north, south, and west of the Appleton Fault Zone, as well as at depths of more than one kilometer. The note pointed to a broader mineralized system even as the target was reduced. New Found Gold Corp. (NYSE:NFGC) is a Canadian gold company focuse
Show less
Read more
Impact Snapshot
Event Time:
NFGC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NFGC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NFGC alerts
High impacting New Found Gold Corp news events
Weekly update
A roundup of the hottest topics
NFGC
News
- Analysts See Over 100% Upside for New Found (NFGC) Amid Accelerated Progress At Queensway Gold Project [Yahoo! Finance]Yahoo! Finance
- New Found Gold (NFGC) was downgraded by Zacks Research from "hold" to "strong sell".MarketBeat
- New Found Gold GAAP EPS of -C$0.05, revenue of C$5.81M [Seeking Alpha]Seeking Alpha
- +$5,100 Gold is Making These Ounces in the Ground a Lot More Interesting [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- +$5,100 Gold is Making These Ounces in the Ground a Lot More InterestingPR Newswire
NFGC
Sec Filings
- 3/26/26 - Form 6-K
- 3/25/26 - Form 40-F
- 3/17/26 - Form 6-K
- NFGC's page on the SEC website