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New Found Gold (TSXV:NFG) Marketable Securities : C$3.41 Mil (As of Dec. 2023)


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What is New Found Gold Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. New Found Gold's Marketable Securities for the quarter that ended in Dec. 2023 was C$3.41 Mil.

New Found Gold's annual Marketable Securities declined from Dec. 2021 (C$28.58 Mil) to Dec. 2022 (C$7.47 Mil) and declined from Dec. 2022 (C$7.47 Mil) to Dec. 2023 (C$3.41 Mil).


New Found Gold Marketable Securities Historical Data

The historical data trend for New Found Gold's Marketable Securities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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New Found Gold Marketable Securities Chart

New Found Gold Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Marketable Securities
0.12 21.09 28.58 7.47 3.41

New Found Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Marketable Securities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.47 5.59 5.06 3.53 3.41

New Found Gold Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.


New Found Gold  (TSXV:NFG) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".


New Found Gold Marketable Securities Related Terms

Thank you for viewing the detailed overview of New Found Gold's Marketable Securities provided by GuruFocus.com. Please click on the following links to see related term pages.


New Found Gold (TSXV:NFG) Business Description

Traded in Other Exchanges
Address
1600 - 595 Burrard Street, Vancouver, BC, CAN, V6C 2V6
New Found Gold Corp is a mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties with a focus on gold properties located in the Provinces of Newfoundland and Labrador and Ontario, Canada. The Company's exploration is focused on discovering and delineating gold resources. The Company has one material property: the Queensway Project located in Newfoundland, Canada (the Queensway Project).