About New Found Gold
New Found Gold is a publicly listed company based in Toronto (Canada) founded in 2017. Gold exploration and development company focused on high-grade gold projects. The company has 62 employees. New Found Gold has completed 1 acquisition, including Maritime Resources. Its website newfoundgold.ca draws about 10 thousand monthly visits. New Found Gold offers products and services including Gold Exploration Services and Resource Assessment Services. Its focus areas include Mining, Mining Companies and Diversified. Its legal entity is New Found Gold Corp.
Company details
Founded in 2017 and based in Toronto, Canada, focus is placed on gold exploration and development within the mining sector. Exploration activities such as drilling and trenching are conducted to identify and delineate resources. Metallurgical testing and economic assessments are performed to evaluate project viability. Projects are advanced via permitting processes and environmental studies toward potential development.
- Headquarters Toronto, Canada
- Employees 62
- Stage Public
- SectorsNatural Resources
- Email••••••••
- Phone•••• ••••
- Website newfoundgold.ca
- Social LinkedIn X Facebook YouTube
- Legal Name New Found Gold Corp
- Net Profit-$34.94 M (USD)37.08as on Dec 31, 2024
- EBITDA-$41.35 M (USD)41.96as on Dec 31, 2024
- Latest Funding Round$14.44M (USD), Post-IPO
Aug 2025
- InvestorsBMO
& 7 more
- Employee Count62
- Investments & Acquisitions
Products & Services of New Found Gold
New Found Gold offers a comprehensive portfolio of products and services, including Gold Exploration Services and Resource Assessment Services.
Gold exploration and drilling services are provided by New Found Gold Corp. to identify and assess high-grade mineral deposits.
Mineral resource estimates and economic assessments are conducted by New Found Gold Corp. to evaluate project potential.
Apps and channels of New Found Gold
its YouTube channel New Found Gold Corp has 1.88K subscribers and 30 videos.
Videos from New Found Gold
The most watched videos on New Found Gold's YouTube channel, New Found Gold Corp (1.88K subscribers). Click a video to play it here.
More on New Found Gold Corp.
Funding Insights of New Found Gold
- Total Rounds 5
- Last Round Post-IPO — $14.44M
- Investors Count 8
All 5 funding rounds of New Found Gold with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2025 | $14.44M | Post-IPO | – | – | – |
| May 2025 | $5.08M | Post-IPO | – | – | – |
| Dec 2022 | $50M | Post-IPO | – | – | |
| Apr 2021 | $15M | Post-IPO | – | – | – |
| Mar 2020 | Seed | – | Novo Resources | – |
8 investors in total: 7 institutional and 1 angel.
Investors in New Found Gold
New Found Gold has secured backing from 8 investors, including angel and institutional investors. Prominent investors backing the company include BMO, Canaccord Genuity Group and Novo Resources.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
BMO is recognized as a leading financial services provider in Canada. | 1817 | bmo.com | Toronto, Canada | |
Paradigm Capital is focused on investment banking and advisory services. | paradigmcap.com | Toronto, Canada | ||
Merger and acquisitions advisory firm | 1950 | canaccordgenuity.com | Toronto, Canada | |
Functions as an investment management firm for diversified funds and portfolios. | 1902 | nbfwm.ca | Montreal, Canada | |
Roth Canada is engaged in investment banking and financial advisory. | rothcanada.ca | Toronto, Canada | ||
Commercial banking services are provided to clients across Canada. | 1846 | banquelaurentienne.ca | Montreal, Canada | |
Gold exploration and mining are conducted in Western Australia. | 2009 | novoresources.com | Perth, Australia | |
ES Eric Sprott | unknown_0440d20d0e1a4ed3a |
Investor details for New Found Gold
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People of New Found Gold
4 people are tracked at New Found Gold (3 in leadership, 1 in team); the tracked headcount is 62.
| Name | Role | Group |
|---|---|---|
Hashim Ahmed | Chief Financial Officer | Leadership |
Natalia Samartseva, CPA, CA | Director Of Financial Reporting | Leadership |
Melissa Render | President | Leadership |
James Tolhurst | Geoscience Data Manager | Team |
Complete people profiles for New Found Gold
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IPO & Listings of New Found Gold
New Found Gold is a publicly listed company on the TSXV with ticker symbol NFG in Canada, operating in the Non-energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date11 Aug 2020
- Listed onTSX-V: NFG
- Listed entityNew Found Gold Corp
- Exchange sectorNon-energy minerals
- ISINCA64440N1033
- Share price2.97 CAD (+3.48% on the day) · 2026-05-11
- Market capitalisation1,025,281,298.00 CAD
- EPS (diluted, trailing year)-0.20 CAD
- Volume (last session)649,691
- Analyst consensusStrong buy
Financials of New Found Gold
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2024 | -50.3M CAD | -59.5M CAD | |
| 2023 | -79.9M CAD | -102.5M CAD | |
| 2022 | -90.0M CAD | -87.8M CAD | |
| 2021 | -50.6M CAD | -56.1M CAD | |
| 2020 | -32.5M CAD | -38.2M CAD |
Detailed financial statements for New Found Gold
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Investments & Acquisitions by New Found Gold
New Found Gold has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Maritime Resources.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Mining and exploration of gold assets are specialized in. | maritimeresourcescorp.com | Toronto, Canada | 2007 | Sep 2025 | $211.31M |
Complete acquisition details for New Found Gold
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Timeline of New Found Gold
5 dated milestones of New Found Gold across 8 years, from founding to its latest funding, stage changes and deals.
- Founded New Found Gold is founded.
- Funding First funding round.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $14.4M.
- Acquisition Acquires Maritime Resources.
Web traffic of New Found Gold
The website of New Found Gold (newfoundgold.ca) receives about 10.4K visits a month.
- Monthly visits10.4K
▲ 31.3% vs previous month
Websites whose visitors overlap most with New Found Gold. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| calibremining.com | 100% | 1.1K | #14,965,349 | View details | |
| vulcanminerals.ca | 25% | 2.1K | #8,406,447 | View details |
Top companies in Mining Companies
3 companies that operate in the same segment as New Found Gold (Mining Companies) in Canada, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
First Majestic is engaged in silver and gold mining operations. | 2002 | Vancouver, British Columbia, Canada | USD 1.29 B | |||
Diversified exploration and development of metals are conducted globally. | 1949 | Rouyn-noranda, Quebec, Canada | USD 1.06 M | |||
Previous metals exploration company | 1973 | Vancouver, British Columbia, Canada | USD 9.47 M |
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Related news about New Found Gold
Complete news archive for New Found Gold
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Frequently Asked Questions about New Found Gold
New Found Gold was founded in 2017 and raised its 1st funding round 3 years after it was founded.
New Found Gold is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
New Found Gold has 62 employees.
Founded in 2017 and based in Toronto, Canada, focus is placed on gold exploration and development within the mining sector. Exploration activities such as drilling and trenching are conducted to identify and delineate resources. Metallurgical testing and economic assessments are performed to evaluate project viability. Projects are advanced via permitting processes and environmental studies toward potential development.
New Found Gold offers Gold Exploration Services and Resource Assessment Services.
Yes, New Found Gold is publicly traded on TSXV under the ticker symbol NFG.
New Found Gold has made 1 acquisition, including Maritime Resources.
New Found Gold has 8 investors. Key investors include BMO, Canaccord Genuity Group, Novo Resources, Banque Laurentienne, and Eric Sprott.
New Found Gold operates through New Found Gold Corp..