New Found Gold Corp. - NFGC Company Short-Term Debt

Public company logo of New Found Gold Mining (NFGC)

Gold exploration resists market trends over the long term, yet the pre-revenue status of New Found Gold (NFGC) makes it sensitive to cycles and venture capital, as confirmed by the price action on this chart, where the metric stands at 0.01. New Found Gold (NFGC) is implementing autonomous drilling to ensure personnel safety. Meanwhile, the business relies on a single project in Newfoundland, creating a heavy dependence on excavation results and metal prices.

Company Short-Term Loans and Borrowings: New Found Gold Mining (NFGC) for 07/04/2022 - 10/28/2026

Summary analytical data breakdowns for New Found Gold Corp (NFGC)

- price and consensus price forecast:
Stock Price New Found Gold Mining|NFGC - Analyst Consensus Forecast
- market capitalization data:
Market Value New Found Gold Corp.|NFGC - Total Company Value
- book capitalization data:
Accounting Value per Share New Found Gold|NFGC - Accounting Value of Company|Market Capitalization to Book Value Ratio newfoundgold.ca|NFGC - Total Business Assets
- debt and liquidity data:
Debt to Equity New Found Gold|NFGC - Long-Term Debt to Capital Coefficient|Short-Term Debt to Capital New Found Gold Mining|NFGC - Company Aggregate Debts|Debts to Book Capitalization New Found Gold Corp.|NFGC - Long-Term Indebtedness|Company Short-Term Debt New Found Gold
Analysis of all company metrics:newfoundgold.ca
Signature product of New Found Gold Corp

Investors are assessing the financial stability of New Found Gold (NFGC) through its ability to service operational obligations. This metric measures the amount of short-term liabilities due within a year, determining current liquidity. By analyzing the dynamics of current liabilities, one can judge the adequacy of working capital. This is critical for an exploration business, as the absence of debt reduces reliance on share dilution when financing drilling operations. The stability of this metric confirms the company's solvency amidst gold price volatility.

Competitor analysis for New Found Gold

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