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Recommendation Rating
2
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2
3
4
5
1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL
Analysts’ Price Targets
Mean 8.87
Low: 7.95
High: 9.78
Total Analysts: 1
Company Profile
New Found Gold Corp. is a Canada-based mineral exploration company. The Company is 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. Its Queensway Project consists of approximately 87 mineral licenses, including 6,043 claims consisting of approximately 151,075 hectares of land. The Queensway Project is located over 15 kilometers west of Gander, Newfoundland and Labrador, and just 18 kilometers from Gander International Airport. In addition, the Company also owns a 100% interest in the Lucky Strike project in Kirkland Lake, Ontario consisting of approximately 11,684 hectares, as well as a portfolio of mining and royalty interests throughout northeastern Ontario.
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