New Found GoldNFGC -4.55%29 Operating Margin % is -181.96% as of Mar. 2026. GuruFocus rates NFGC with a GF Score™ of 29/100. The stock has 3 warning signs investors should review. Among 841 Metals & Mining companies, New Found Gold ranks worse than 83.23% on this metric.
The historical rank and industry rank for New Found Gold's Operating Margin % or its related term are showing as below:
NFGC'
s Operating Margin % Range Over the Past 10 Years
Min: -1019.53 Med: -1019.53 Max: -431.93
Current: -431.93
NFGC's Operating Margin % is ranked worse than 83.23% of 841
companies
in the Metals & Mining industry
Industry Median: 5.79
vs NFGC: -431.93
New Found Gold's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.
New Found Gold's Operating Income for the
three
months ended in Mar. 2026 was $-13.11 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $-49.26 Mil.
New Found Gold (AMEX:NFGC) Operating Margin % Explanation
Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.
Be Aware
Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).
If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.
For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokias Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).
Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.
New Found Gold Operating Margin % Related Terms
New Found Gold Operating Margin % Historical Data
* Premium members only.
The historical data trend for New Found Gold's Operating Margin % 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 Operating Margin %, along with its competitors' market caps and Operating Margin % 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 Operating Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, New Found Gold's Operating Margin % distribution charts can be found below:
* The bar in red indicates where New Found Gold's Operating Margin % falls into.
Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.
New Found Gold's Operating Margin % 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 Operating Margin % of -181.96% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on New Found Gold and its competitors. According to the industry distribution chart, New Found Gold ranks #700 out of 841 companies in the Metals & Mining industry, placing it in the top 83.2%.
Is New Found Gold's Operating Margin % too high?
New Found Gold's current Operating Margin % is -181.96%. Based on the distribution chart, New Found Gold ranks #700 out of 841 companies in the Metals & Mining industry, which is in the bottom quartile 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 Operating Margin % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, New Found Gold ranks #700 out of 841 companies for Operating Margin %. This places New Found Gold in the lower half of its industry. The industry median Operating Margin % is 5.79. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a Metals & Mining company?
The median Operating Margin % among Metals & Mining companies is 5.79, based on 841 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on New Found Gold and its competitors. For the Metals & Mining industry, the median Operating Margin % is 5.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Found Gold's current Operating Margin % is -181.96%. 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 Operating Margin % of -181.96%. The current Operating Margin % is -181.96%. 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 Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For New Found Gold (NFGC), the current Operating Margin % is -181.96% 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 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
Get the complete analysis for NFGC
Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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