New Found Gold (NFGC) Research & Development (2020 - 2026)
New Found Gold (NFGC) posted Research & Development of $10.71 million for the quarter ended Jun 30, 2026, up 71.7% from $6.24 million a year earlier and up 17.0% from the prior quarter.
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Analysis
New Found Gold (NFGC) Research & Development (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at New Found Gold was $366,804; for the year ended Dec 31, 2025, it was $29.62 million, down 22.9% from the prior year.
- Annual Research & Development shows a five-year compound annual growth rate of 37.4% (years ended Dec 2020 to Dec 2025).
- In prior years, New Found Gold's Research & Development was $38.39 million in the year ended Dec 31, 2024 (-76.0%), $159.99 million in the year ended Dec 31, 2023 (+66.0%), $96.35 million in the year ended Dec 31, 2022 (+185.7%) and $33.73 million in the year ended Dec 31, 2021 (+457.3%).
- The figure for the quarter ended Jun 30, 2026 stands as the highest quarterly Research & Development since the quarter ended Mar 31, 2024.
- The strongest year-over-year quarter for Research & Development in the past five years was the quarter ended Dec 31, 2022, with growth of 475.9%; the weakest was the quarter ended Mar 31, 2025, with a decline of 75.1%.
- According to Business Quant data, Research & Development for the three prior quarters was $9.16 million (quarter ended Mar 31, 2026), -$9.74 million (quarter ended Dec 31, 2025) and -$9.75 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 163.97 Bn | 142.76 Bn | 2.90 Bn | 14.90 Mn |
| 3 | Rio Tinto | 141.19 Bn | 101.70 Bn | - | - |
| 4 | Newmont | 124.53 Bn | 92.53 Bn | 4.03 Bn | 47.00 Mn |
| 5 | Freeport-Mcmoran | 98.93 Bn | 82.97 Bn | 2.19 Bn | 53.00 Mn |
| 6 | Agnico Eagle Mines | 93.96 Bn | 83.59 Bn | 2.43 Bn | 61.53 Mn |
| 7 | Barrick Mining | 69.55 Bn | 44.75 Bn | 2.90 Bn | 134.00 Mn |
| 8 | Nucor | 60.45 Bn | 49.83 Bn | 2.03 Bn | - |
| 9 | ArcelorMittal | 48.41 Bn | 27.44 Bn | - | - |
| 10 | New Found Gold | 393.02 Mn | 128.94 Mn | 1.39 Mn | -10.71 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -10.71 Mn |
| Mar 31, 2026 | 9.16 Mn |
| Dec 31, 2025 | -9.74 Mn |
| Sep 30, 2025 | -9.75 Mn |
| Jun 30, 2025 | -6.24 Mn |
| Mar 31, 2025 | 3.99 Mn |
| Dec 31, 2024 | -11.03 Mn |
| Sep 30, 2024 | -9.43 Mn |
| Jun 30, 2024 | -7.40 Mn |
| Mar 31, 2024 | 16.06 Mn |
| Dec 31, 2023 | 104.53 Mn |
| Sep 30, 2023 | 20.10 Mn |
| Jun 30, 2023 | 18.58 Mn |
| Mar 31, 2023 | 16.01 Mn |
| Dec 31, 2022 | 15.59 Mn |
| Sep 30, 2022 | 15.12 Mn |
| Jun 30, 2022 | 13.55 Mn |
| Mar 31, 2022 | 10.47 Mn |
| Dec 31, 2021 | 42.72 Mn |
| Sep 30, 2021 | 9.47 Mn |
API Access
New Found Gold Research & Development 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=research-and-development&ticker=NFGC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=NFGC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();