New Found Gold (TSXV:NFG) 3-Year Book Growth Rate : -10.50% (As of Dec. 2023)

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

What is New Found Gold 3-Year Book Growth Rate?

New Found Gold's Book Value per Share for the quarter that ended in Dec. 2023 was C$0.35.

During the past 12 months, New Found Gold's average Book Value per Share Growth Rate was -26.30% per year. During the past 3 years, the average Book Value per Share Growth Rate was -10.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 5 years, the highest 3-Year average Book Value per Share Growth Rate of New Found Gold was 94.20% per year. The lowest was -10.50% per year. And the median was 41.85% per year.

Competitive Comparison of New Found Gold's 3-Year Book Growth Rate

For the Gold subindustry, New Found Gold's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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 3-Year Book Growth Rate Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, New Found Gold's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where New Found Gold's 3-Year Book Growth Rate falls into.

New Found Gold 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

New Found Gold (TSXV:NFG) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

New Found Gold 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of New Found Gold's 3-Year Book Growth Rate 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 » 3-Year Book Growth Rate

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).