New Found Gold (NFGC) Change in Working Capital (2021 - 2026)
New Found Gold (NFGC) posted Change in Working Capital of -$1.8 million for Q1 2026, down 106.31% sequentially from $28.5 million in Q4 2025, and down 402.77% YoY from $594000.6 in Q1 2025.
New Found Gold (NFGC) Change in Working Capital (2021 - 2026) Analysis & Trends
New Found Gold (NFGC) has 6 years of Change in Working Capital data on file, last reported at -$1.8 million in Q1 2026.
- Quarterly Change in Working Capital fell 402.77% year-over-year to -$1.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$2.4 million (down 123.64% YoY) and the FY2025 annual result came in at -$710220.9, up 85.97% from the prior year.
- Change in Working Capital fell to -$1.8 million in Q1 2026 per NFGC's latest filing, from $28.5 million in the prior quarter.
- The five-year high for Change in Working Capital was $54.5 million in Q4 2023, with the low at -$21.1 million in Q3 2023.
- Average Change in Working Capital over 5 years is -$3.4 million, with a median of -$15.7 million recorded in 2022.
- Year-over-year, Change in Working Capital surged 97.89% in 2025 and slumped 402.77% in 2026.
- New Found Gold's Change in Working Capital stood at -$16.2 million in 2022, then surged by 436.08% to $54.5 million in 2023, then decreased by 8.31% to $49.9 million in 2024, then slumped by 42.9% to $28.5 million in 2025, then tumbled by 106.31% to -$1.8 million in 2026.
- Business Quant data shows NFGC's Change in Working Capital at -$1.8 million in Q1 2026, $28.5 million in Q4 2025, and -$10.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | -302.00 Mn |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | - |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | - |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | -10.47 Mn |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | 18.78 Mn |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | -27.35 Mn |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | 510.90 Mn |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | -7.30 Mn |
| 10 | New Found Gold | - | - | 1.05 Mn | -1.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.80 Mn |
| Mar 31, 2026 | -1.80 Mn |
| Dec 31, 2025 | 28.51 Mn |
| Dec 31, 2025 | 28.51 Mn |
| Sep 30, 2025 | -10.09 Mn |
| Sep 30, 2025 | -10.09 Mn |
| Jun 30, 2025 | -19.02 Mn |
| Jun 30, 2025 | -19.02 Mn |
| Mar 31, 2025 | -357,707.71 |
| Mar 31, 2025 | -357,707.71 |
| Dec 31, 2024 | 49.94 Mn |
| Dec 31, 2024 | 49.94 Mn |
| Sep 30, 2024 | -20.71 Mn |
| Sep 30, 2024 | -20.71 Mn |
| Jun 30, 2024 | -18.74 Mn |
| Jun 30, 2024 | -18.74 Mn |
| Mar 31, 2024 | -16.93 Mn |
| Mar 31, 2024 | -16.93 Mn |
| Dec 31, 2023 | 54.46 Mn |
| Dec 31, 2023 | 54.46 Mn |