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NFGC
Stock ticker: ASE
AS OF
Apr 3, 10:38 AM (EDT)
Price
$1.03
Change
-$0.01 (-0.96%)
Capitalization
696.88M

NFGC New Found Gold Corp Forecast, Technical & Fundamental Analysis

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... Show more

NFGC
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
a Summary for NFGC with price predictions
Apr 02, 2025

NFGC in downward trend: 10-day moving average broke below 50-day moving average on March 11, 2025

The 10-day moving average for NFGC crossed bearishly below the 50-day moving average on March 11, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on March 19, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on NFGC as a result. In of 82 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for NFGC turned negative on March 20, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .

NFGC moved below its 50-day moving average on March 19, 2025 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where NFGC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for NFGC entered a downward trend on April 02, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an Uptrend is expected.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 7 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NFGC advanced for three days, in of 221 cases, the price rose further within the following month. The odds of a continued upward trend are .

NFGC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (14.245) is normal, around the industry mean (6.930). P/E Ratio (0.000) is within average values for comparable stocks, (86.958). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (8.405). NFGC has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.039). P/S Ratio (0.000) is also within normal values, averaging (143.699).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. NFGC’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. NFGC’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 85, placing this stock worse than average.

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NFGC
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published Earnings

NFGC is expected to report earnings to rise 55.29% to -3 cents per share on April 24

New Found Gold Corp NFGC Stock Earnings Reports
Q4'24
Est.
$-0.03
Q3'24
Beat
by $0.01
Q2'24
Missed
by $0.01
Q1'24
Missed
by $0.02
Q4'23
Missed
by $0.05
The last earnings report on December 02 showed earnings per share of -2 cents, beating the estimate of -3 cents. With 46.32K shares outstanding, the current market capitalization sits at 696.88M.
A.I. Advisor
published General Information

General Information

Industry PreciousMetals

Profile
Fundamentals
Details
Industry
N/A
Address
1600 - 595 Burrard Street
Phone
+1 604 612-2111
Employees
98
Web
https://www.newfoundgold.ca
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NFGC and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, NFGC has been loosely correlated with AYASF. These tickers have moved in lockstep 57% of the time. This A.I.-generated data suggests there is some statistical probability that if NFGC jumps, then AYASF could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NFGC
1D Price
Change %
NFGC100%
-5.45%
AYASF - NFGC
57%
Loosely correlated
-5.65%
TORXF - NFGC
56%
Loosely correlated
-1.28%
GATO - NFGC
56%
Loosely correlated
N/A
KNTNF - NFGC
52%
Loosely correlated
-1.22%
OCANF - NFGC
52%
Loosely correlated
+0.30%
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