New Found GoldNFGC -4.55%29 Market Cap is $567.58 Mil as of Jun. 25, 2026. GuruFocus rates NFGC with a GF Score™ of 29/100. The stock has 3 warning signs investors should review. Among 2,687 Metals & Mining companies, New Found Gold ranks better than 84.7% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). New Found Gold's share price for the quarter that ended in Mar. 2026 was $1.94. New Found Gold's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 345.21 Mil. Therefore, New Found Gold's market cap for the quarter that ended in Mar. 2026 was $669.71 Mil.
New Found Gold's quarterly market cap
increased
from Sep. 2025 ($576.00 Mil) to Dec. 2025 ($1,016.72 Mil) but then
declined
from Dec. 2025 ($1,016.72 Mil) to Mar. 2026 ($669.71 Mil).
New Found Gold's annual market cap
declined
from Dec. 2023 ($654.06 Mil) to Dec. 2024 ($364.83 Mil) but then
increased
from Dec. 2024 ($364.83 Mil) to Dec. 2025 ($1,016.72 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. New Found Gold's Enterprise Value for Today is $538.20 Mil.
New Found Gold (AMEX:NFGC) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
New Found Gold Market Cap Related Terms
New Found Gold Market Cap Historical Data
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The historical data trend for New Found Gold's Market Cap 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.
For the Gold subindustry, New Found Gold's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, New Found Gold's Market Cap distribution charts can be found below:
* The bar in red indicates where New Found Gold's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
New Found Gold's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (NFGC) has a Market Cap of $567.58 Mil as of Jun. 25, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on New Found Gold and its competitors. According to the industry distribution chart, New Found Gold ranks #411 out of 2687 companies in the Metals & Mining industry, placing it in the top 15.3%.
Is New Found Gold's Market Cap too high?
New Found Gold's current Market Cap is $567.58 Mil. The Metals & Mining industry median Market Cap is 21.51. New Found Gold's value of $567.58 Mil is 2538.2% above this industry median. Based on the distribution chart, New Found Gold ranks #411 out of 2687 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, New Found Gold has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does New Found Gold's Market Cap compare to NEM and AU?
According to the Metals & Mining industry distribution chart, New Found Gold ranks #411 out of 2687 companies for Market Cap. This places New Found Gold in the top 15% of its industry — outperforming the majority of peers. The industry median Market Cap is 21.51. New Found Gold's value of $567.58 Mil is 2538.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Metals & Mining company?
The median Market Cap among Metals & Mining companies is 21.51, based on 2,687 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. New Found Gold's current Market Cap of $567.58 Mil is 2538.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on New Found Gold and its competitors. For the Metals & Mining industry, the median Market Cap is 21.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Found Gold's current Market Cap is $567.58 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 Market Cap of $567.58 Mil. The current Market Cap is $567.58 Mil and 2538.2% above the Metals & Mining industry median of 21.51. New Found Gold's overall GF Score™ is 29/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For New Found Gold (NFGC), the current Market Cap is $567.58 Mil as of Jun. 25, 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 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).
29GF Score
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