New Found Gold NFGC
NYSE NFGC
$1.61 +0.04 (+2.29%)
As of: Oct 23, 2026 · 1:57 PM EDT

New Found Gold (NFGC) Depreciation and Depletion (2021 - 2026)

Updated

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.

Analysis

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 Set

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

Historic Data

Download Data
DateValue
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
API Access

New Found Gold Depreciation and Depletion API

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