New Found Gold (STU:5QG) Buyback Yield % : -17.88 (As of Dec. 13, 2024)

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What is New Found Gold Buyback Yield %?

Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return.

New Found Gold's current buyback yield was -17.88%.

New Found Gold Buyback Yield % Historical Data

The historical data trend for New Found Gold's Buyback Yield % 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 Buyback Yield % Chart

New Found Gold Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Buyback Yield %

-9.20

New Found Gold Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Buyback Yield %	Get a 7-Day Free Trial															-5.14	-26.10	-5.17	-7.66	-0.75

Competitive Comparison of New Found Gold's Buyback Yield %

For the Gold subindustry, New Found Gold's Buyback Yield %, along with its competitors' market caps and Buyback Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

New Found Gold's Buyback Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, New Found Gold's Buyback Yield % distribution charts can be found below:

* The bar in red indicates where New Found Gold's Buyback Yield % falls into.

New Found Gold Buyback Yield % Calculation

Buyback yield is a measure of shareholder return.

New Found Gold's Buyback Yield for the fiscal year that ended in Dec. 2023 is calculated as

Buyback Yield	=	Net Issuance of Stock			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	/	Market Cap
	=	- (0	+	53.989)	/	586.78122
	=	-9.20%

New Found Gold's annualized Buyback Yield for the quarter that ended in Sep. 2024 is calculated as

Buyback Yield	=	Net Issuance of Stock		(Annualized)			/	Market Cap
	=	- (Repurchase of Stock	+	Issuance of Stock)	*	Annualized Factor	/	Market Cap
	=	- (0	+	0.854)	*	4	/	453.35064
	=	-0.75%

In calculating the annualized quarterly data, the Repurchase of Stock and Issuance of Stock data used here is four times the quarterly (Sep. 2024) data.

New Found Gold Buyback Yield % Related Terms

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New Found Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » New Found Gold Corp (STU:5QG) » Definitions » Buyback Yield %

Comparable Companies

Traded in Other Exchanges

NFGC:USA 5QG:Germany NFG:Canada

Address

1600 - 595 Burrard Street, Vancouver, BC, CAN, V6C 2V6

Website

https://www.newfoundgold.ca

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).

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