New Found Gold (ADR) (NFGC)
Operates a Newfoundland gold mine and mill while advancing the Queensway development project.
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Combines Mining Operations at Hammerdown and Pine Cove with Exploration and Evaluation at Queensway, generating sales from refined gold while advancing a larger development project. All operating and development assets are concentrated in Newfoundland and Labrador, with Pine Cove intended as the shared processing hub.
Combines district-scale gold exploration and development at the wholly owned Queensway project with pre-commercial mining at Hammerdown and processing at the Pine Cove mill in Newfoundland and Labrador. Mining Operations sells refined gold in Canada, while Exploration and Evaluation advances Queensway through drilling, engineering, and permitting.
Uses Pine Cove as the common processing hub, operating Hammerdown through ramp-up while planning its conversion and expansion to receive Queensway Phase 1 feed. Queensway has no declared mineral reserves, and its progression requires environmental assessment, permits, stakeholder consultation, and a separate permit amendment for the planned Pine Cove expansion.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $147.2M · Total debt $49.2M · Total assets $511.2M · Shareholders' equity $368.0M
- Revenue
- $11.4M
- Operating income
- −$526.1K
- Net income
- −$7.6M
Reported in CAD, converted at the latest exchange rate
No dividends on record.
| Institutions92 holders · as of Mar 31, 2026 | 18.25% | 44.75M ADS | |
| Otherremainder | 81.75% | 200.48M ADS |
245.23M ADS as of Aug 21, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing
The share count has not been confirmed by a second filing; stakes use it as it stands.
Some positions are filed in underlying shares, not receipts; the ratio is unknown, so no percentage.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
Sprott Inc.Institution | 3.15% | 7.73M ADS | 13Fas of Mar 31, 2026 |
Van Eck Associates CorpInstitution | 3.11% | 7.61M ADS | 13Fas of Mar 31, 2026 |
Merk Investments LLCInstitution | 1.94% | 4.75M ADS | 13Fas of Mar 31, 2026 |
Bank of America Corp /DE/Institution | 1.77% | 4.34M ADS | 13Fas of Mar 31, 2026 |
Morgan StanleyInstitution | 1.08% | 2.66M ADS | 13Fas of Mar 31, 2026 |
| See all 25 → | |||
13F — a manager's quarterly holdings
Insider tradesForm 4
Nothing filed in the last 12 months.
- Equinox Gold
Newfoundland mine operator competing for regional capacity and gold capital.
ComparePre-market
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| New Found Gold (ADR) | $1.86 | +0.27% | $453.7M | — | — | 21.9 | — |
| Equinox Gold | $12.84 | +1.62% | $9.97B | 12.6 | 8.5 | 3.9 | +60.8% |
| Median | 12.6 | 8.5 | 3.9 | +60.8% |



