New Found Gold (NFGC) Depreciation and Depletion (2021 - 2026)
New Found Gold (NFGC) recorded Depreciation and Depletion of $255,060 in the quarter ended Jun 30, 2026, up 71.7% from $148,522 a year earlier.
New Found Gold (NFGC) Depreciation and Depletion (2021 - 2026) Analysis & Trends
On a TTM basis, New Found Gold's Depreciation and Depletion came in at $713,059 as of Jun 30, 2026, up 82.7% year-over-year; for the year ended Dec 31, 2025, it was $592,531, up 261.9% from the prior year.
- Annual Depreciation and Depletion has a five-year compound annual growth rate of 43.6% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Depreciation and Depletion came in at $163,709 in the year ended Dec 31, 2024 (+29.8%), $126,122 in the year ended Dec 31, 2023 (-81.4%), $677,171 in the year ended Dec 31, 2022 (+45.6%) and $465,152 in the year ended Dec 31, 2021 (+379.5%).
- The figure for the quarter ended Jun 30, 2026 is the highest quarterly Depreciation and Depletion since the quarter ended Sep 30, 2024.
- On a year-over-year basis, Depreciation and Depletion rose in two of the last four quarters, with growth averaging 37.5%.
- Peak year-over-year performance for Depreciation and Depletion in the last five years was growth of 162.4% in the quarter ended Sep 30, 2024, against a decline of 64.7% in the quarter ended Sep 30, 2025 at the low end.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 152.58 Bn | 131.36 Bn | 2.90 Bn | - |
| 3 | Rio Tinto | 135.48 Bn | 95.98 Bn | - | - |
| 4 | Newmont | 115.15 Bn | 80.30 Bn | 4.22 Bn | - |
| 5 | Freeport-Mcmoran | 93.97 Bn | 78.01 Bn | 2.19 Bn | - |
| 6 | Agnico Eagle Mines | 87.26 Bn | 76.89 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 65.37 Bn | 40.57 Bn | 2.90 Bn | 555.00 Mn |
| 8 | Nucor | 59.53 Bn | 48.91 Bn | 2.03 Bn | 320.00 Mn |
| 9 | ArcelorMittal | 45.41 Bn | 24.44 Bn | - | - |
| 10 | New Found Gold | 376.59 Mn | 112.52 Mn | 1.39 Mn | 255,060.33 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 255,060.33 |
| Dec 31, 2025 | 152,481.94 |
| Sep 30, 2025 | 156,994.58 |
| Jun 30, 2025 | 148,521.94 |
| Mar 31, 2025 | 149,570.82 |
| Dec 31, 2024 | 69,906.96 |
| Sep 30, 2024 | 444,229.63 |
| Jun 30, 2024 | -102,799.09 |
| Mar 31, 2024 | 185,973.57 |
| Dec 31, 2023 | 164,690.21 |
| Sep 30, 2023 | 169,268.78 |
| Jun 30, 2023 | 177,533.30 |
| Mar 31, 2023 | 185,367.91 |
| Dec 31, 2022 | 171,651.05 |
| Sep 30, 2022 | 150,509.22 |
| Jun 30, 2022 | 173,527.53 |
| Mar 31, 2022 | 181,469.61 |
| Dec 31, 2021 | 137,328.86 |
New Found Gold Depreciation and Depletion API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=NFGC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "ticker": "NFGC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=depreciation-and-depletion&ticker=NFGC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();