New Found Gold (NFGC) Beginning Cash Balance (2022 - 2025)
New Found Gold (NFGC) posted Beginning Cash Balance of $35.7 million for Q3 2025, up 200.68% sequentially from -$35.5 million in Q2 2025.
New Found Gold (NFGC) Beginning Cash Balance (2022 - 2025) Analysis & Trends
New Found Gold has reported Beginning Cash Balance for 4 years, with the latest figure at $35.7 million in Q3 2025.
- Quarterly Beginning Cash Balance changed N/A year-over-year to $35.7 million in Q3 2025, while the trailing twelve-month figure through Sep 2025 was -$21.5 million (changed N/A YoY) and the FY2024 annual result came in at $773070.8, down 61.42% from the prior year.
- Beginning Cash Balance improved to $35.7 million in Q3 2025 per NFGC's latest filing, from -$35.5 million in the prior quarter.
- Over five years, Beginning Cash Balance peaked at $79.3 million in Q1 2022 and troughed at -$71.8 million in Q4 2023.
- A 4-year average of $15.2 million and a median of $36.6 million in 2025 frame the typical range for Beginning Cash Balance.
- The widest YoY moves for Beginning Cash Balance: up 40.14% in 2025, down 38.41% in 2025.
- Over 4 years, Beginning Cash Balance stood at $79.3 million in 2022, then plunged by 190.54% to -$71.8 million in 2023, then increased by 17.44% to -$59.3 million in 2024, then surged by 160.27% to $35.7 million in 2025.
- According to Business Quant data, Beginning Cash Balance over the past three periods registered $35.7 million, -$35.5 million, and $37.6 million for Q3 2025, Q2 2025, and Q1 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Newmont | 140.45 Bn | 131.44 Bn | 4.03 Bn |
| 2 | Agnico Eagle Mines | 108.80 Bn | 105.34 Bn | 2.43 Bn |
| 3 | Barrick Mining | 79.45 Bn | 73.52 Bn | 2.90 Bn |
| 4 | Wheaton Precious Metals | 71.58 Bn | 71.48 Bn | 687.86 Mn |
| 5 | AngloGold Ashanti | 61.94 Bn | 59.11 Bn | 1.70 Bn |
| 6 | Gold Fields | 42.71 Bn | 40.93 Bn | - |
| 7 | Pan American Silver | 22.35 Bn | 20.78 Bn | 457,000.00 |
| 8 | Royal Gold | 21.96 Bn | 21.77 Bn | 390.45 Mn |
| 9 | Coeur Mining | 21.68 Bn | 20.62 Bn | 535.85 Mn |
| 10 | New Found Gold | 590.62 Mn | 448.16 Mn | 1.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 35.74 Mn |
| Sep 30, 2025 | 35.74 Mn |
| Jun 30, 2025 | -35.50 Mn |
| Jun 30, 2025 | -35.50 Mn |
| Mar 31, 2025 | 37.55 Mn |
| Mar 31, 2025 | 37.55 Mn |
| Jun 30, 2024 | -59.30 Mn |
| Jun 30, 2024 | -59.30 Mn |
| Mar 31, 2024 | 60.98 Mn |
| Mar 31, 2024 | 60.98 Mn |
| Dec 31, 2023 | -71.82 Mn |
| Dec 31, 2023 | -71.82 Mn |
| Mar 31, 2023 | 74.33 Mn |
| Mar 31, 2023 | 74.33 Mn |
| Mar 31, 2022 | 79.33 Mn |
| Mar 31, 2022 | 79.33 Mn |