NFGC (New Found Gold) Beginning Cash Position: $42.89 Mil (As of Mar. 2026)


NFGC New Found Gold Corp NFGC
31 GF Score
Price $1.66
! 2 Warning Signs
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What is New Found Gold Beginning Cash Position?

New Found Gold NFGC +4.40% 31 Beginning Cash Position is $42.89 Mil as of Mar. 2026. GuruFocus rates NFGC with a GF Score™ of 31/100. The stock has 2 warning signs investors should review.

New Found Gold's Beginning Cash Position for the quarter that ended in Mar. 2026 was $42.89 Mil.

New Found Gold's quarterly Beginning Cash Position increased from Sep. 2025 ($48.01 Mil) to Dec. 2025 ($51.57 Mil) but then declined from Dec. 2025 ($51.57 Mil) to Mar. 2026 ($42.89 Mil).

New Found Gold's annual Beginning Cash Position declined from Dec. 2023 ($61.24 Mil) to Dec. 2024 ($37.82 Mil) and declined from Dec. 2024 ($37.82 Mil) to Dec. 2025 ($16.18 Mil).

New Found Gold Beginning Cash Position Related Terms

New Found Gold Beginning Cash Position Historical Data

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The historical data trend for New Found Gold's Beginning Cash Position 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.

New Found Gold Beginning Cash Position Chart

New Found Gold Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial 37.29 73.97 61.24 37.82 16.18

New Found Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beginning Cash Position 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 Premium Member Only 15.55 9.05 48.01 51.57 42.89
NFGC
31GF Score
New Found Gold Corp NFGC
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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New Found Gold Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $42.89 Mil mean?
New Found Gold (NFGC) has a Beginning Cash Position of $42.89 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on New Found Gold and its competitors.
Is New Found Gold's Beginning Cash Position too high?
New Found Gold's current Beginning Cash Position is $42.89 Mil. Overall, New Found Gold has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does New Found Gold's Beginning Cash Position compare to NEM and AU?
New Found Gold's Beginning Cash Position of $42.89 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Metals & Mining company?
A good Beginning Cash Position depends on the Metals & Mining industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on New Found Gold and its competitors. New Found Gold's current Beginning Cash Position is $42.89 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Found Gold stock overvalued right now?
New Found Gold (NFGC) has a current Beginning Cash Position of $42.89 Mil. The current Beginning Cash Position is $42.89 Mil. New Found Gold's overall GF Score™ is 31/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For New Found Gold (NFGC), the current Beginning Cash Position is $42.89 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

New Found Gold Business Description

Other Exchanges 5QG:GermanyNFG:Canada
Address 1133 Melville Street, Suite 3500, Vancouver, BC, CAN, V6E 4E5
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 Companies 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).
31GF Score

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Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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