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New Found Gold Corp V.NFG

Alternate Symbol(s):  NFGC

Metals & Mining Gold
New Found Gold Corp. is a Canada-based mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties with a focus on gold properties located in Newfoundland and Labrador, Canada. The Company holds a 100% interest in the Queensway Project, which comprises a approximately 1,662 square kilometers area, located about 15 kilometers (km) west of Gander, Newfoundland and Labrador, and just 18 km from Gander International Airport. The Queensway Project is divided by Gander Lake into Queensway North and Queensway South. The Company is undertaking a 500,000-meter drill program at Queensway.


TSXV:NFG - Post by User

New Found Gold Corp > Gold Analyst Valuations..Production increases by 2.2 times
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Post by nozzpackon May 01, 2024 10:23am
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Post# 36017134

Gold Analyst Valuations..Production increases by 2.2 times

Gold Analyst Valuations..Production increases by 2.2 times

April 2024 report shows gold peer producers trade at 0.73 times NAV...very consistent over time..while gold developers like NFG trade at just 0.32 times NAV.

This is consistent with my persistent statement that early production of Queensway would more than double NFG share price.....




https://research.viiicapital.com/Reports/Research/2024/April/Mining041624.pdf

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