New Found Gold (TSXV:NFG) FCF Yield % : -10.80 (As of May. 01, 2024)

View and export this data going back to 2020. Start your Free Trial

What is New Found Gold FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, New Found Gold's Trailing 12-Month Free Cash Flow is C$-101.08 Mil, and Market Cap is C$935.81 Mil. Therefore, New Found Gold's FCF Yield % for today is -10.80%.

The historical rank and industry rank for New Found Gold's FCF Yield % or its related term are showing as below:

TSXV:NFG' s FCF Yield % Range Over the Past 10 Years
Min: -12.94 Med: 0 Max: 0
Current: -10.8

TSXV:NFG's FCF Yield % is ranked better than
55.02% of 2708 companies
in the Metals & Mining industry
Industry Median: -13.195 vs TSXV:NFG: -10.80

New Found Gold's FCF Margin % for the quarter that ended in Dec. 2023 was 0.00%.

New Found Gold FCF Yield % Historical Data

The historical data trend for New Found Gold's FCF 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.

* Premium members only.

New Found Gold FCF Yield % Chart

New Found Gold Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

-2.44

-3.66

-8.37

-11.58

New Found Gold Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
FCF Yield %	Get a 7-Day Free Trial														-9.88	-8.86	-8.31	-10.31	-11.49

Competitive Comparison of New Found Gold's FCF Yield %

For the Gold subindustry, New Found Gold's FCF Yield %, along with its competitors' market caps and FCF 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 FCF Yield % Distribution in the Metals & Mining Industry

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

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

New Found Gold FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

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

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-101.081	/	872.69691
	=	-11.58%

New Found Gold's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	-25.066	*	4	/	872.69691
	=	-11.49%

New Found Gold FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

New Found Gold FCF Yield % Related Terms

Thank you for viewing the detailed overview of New Found Gold's FCF Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.

New Found Gold (TSXV:NFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » New Found Gold Corp (TSXV:NFG) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

NFGC:USA 5QG:Germany

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).