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New Found Gold (TSXV:NFG) Earnings per Share (Diluted) : C$-0.40 (TTM As of Mar. 2024)


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What is New Found Gold Earnings per Share (Diluted)?

New Found Gold's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was C$-0.07. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.40.

New Found Gold's EPS (Basic) for the three months ended in Mar. 2024 was C$-0.07. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.40.

New Found Gold's EPS without NRI for the three months ended in Mar. 2024 was C$-0.07. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.41.

During the past 3 years, the average EPS without NRIGrowth Rate was -11.10% per year.

During the past 5 years, New Found Gold's highest 3-Year average EPS without NRI Growth Rate was -11.10% per year. The lowest was -147.00% per year. And the median was -79.05% per year.


New Found Gold Earnings per Share (Diluted) Historical Data

The historical data trend for New Found Gold's Earnings per Share (Diluted) 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 Earnings per Share (Diluted) Chart

New Found Gold Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Earnings per Share (Diluted)
-0.03 -0.29 -0.33 -0.54 -0.45

New Found Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Earnings per Share (Diluted) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.11 -0.09 -0.13 -0.11 -0.07

Competitive Comparison of New Found Gold's Earnings per Share (Diluted)

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

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

* The bar in red indicates where New Found Gold's PE Ratio falls into.



New Found Gold Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

New Found Gold's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2023 is calculated as

Diluted Earnings Per Share (A: Dec. 2023 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(-79.891-0)/178.363
=-0.45

New Found Gold's Earnings Per Share (Diluted) for the quarter that ended in Mar. 2024 is calculated as

Diluted Earnings Per Share (Q: Mar. 2024 )=(Net Income - Preferred Dividends / Shares Outstanding (Diluted Average)
=(-13.182-0)/187.535
=-0.07

Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.40

* 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.

Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.


New Found Gold  (TSXV:NFG) Earnings per Share (Diluted) Explanation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


New Found Gold Earnings per Share (Diluted) Related Terms

Thank you for viewing the detailed overview of New Found Gold's Earnings per Share (Diluted) provided by GuruFocus.com. Please click on the following links to see related term pages.


New Found Gold (TSXV:NFG) Business Description

Traded in Other Exchanges
Address
1600 - 595 Burrard Street, Vancouver, BC, CAN, V6C 2V6
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).
Executives
2176423 Ontario Ltd. 10% Security Holder
Eric Sprott 10% Security Holder

New Found Gold (TSXV:NFG) Headlines