New Found Company Insiders

NFG Stock  CAD 5.20  0.28  5.69%   
New Found employs about 98 people. The company is managed by 6 executives with a total tenure of roughly 229 years, averaging almost 38.0 years of service per executive, having 16.33 employees per reported executive. Recap of New Found's management performance can provide insight into the venture performance.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Found GoldCorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

New Found Management Team Effectiveness

The company has return on total asset (ROA) of (0.6583) % which means that it has lost $0.6583 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (1.0725) %, meaning that it generated substantial loss on money invested by shareholders. New Found's management efficiency ratios could be used to measure how well New Found manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.99 in 2024. Return On Capital Employed is likely to drop to -1.66 in 2024. At this time, New Found's Net Tangible Assets are fairly stable compared to the past year. Total Assets is likely to climb to about 93.8 M in 2024, whereas Non Current Assets Total are likely to drop slightly above 11.8 M in 2024.
Common Stock Shares Outstanding is likely to drop to about 179.1 M in 2024. Net Loss is likely to climb to about (43.3 M) in 2024

New Found Workforce Comparison

New Found GoldCorp is considered to be number one stock in number of employees category among related companies. The total workforce of Materials industry is now estimated at about 196. New Found totals roughly 98.0 in number of employees claiming about 50% of all equities under Materials industry.

New Found GoldCorp Benchmark Summation

Operator
The output start index for this execution was zero with a total number of output elements of sixty-one. New Found GoldCorp Price Series Summation is a cross summation of New Found price series and its benchmark/peer.

New Found Notable Stakeholders

A New Found stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as New Found often face trade-offs trying to please all of them. New Found's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting New Found's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
Collin KettellExecutive FounderProfile
BSc BScPresident FounderProfile
Ronald HamptonChief OfficerProfile
Kenneth BscGeologistProfile
Janet FrancisCorporate SecretaryProfile
Melissa PGeoVice ExplorationProfile

About New Found Management Performance

The success or failure of an entity such as New Found GoldCorp often depends on how effective the management is. New Found management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of New management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the New management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Last ReportedProjected for Next Year
Return On Tangible Assets(0.94)(0.99)
Return On Capital Employed(1.58)(1.66)
Return On Assets(0.94)(0.99)
Return On Equity(1.22)(1.28)
The data published in New Found's official financial statements usually reflect New Found's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of New Found GoldCorp. For example, before you start analyzing numbers published by New accountants, it's critical to develop an understanding of what New Found's liquidity, profitability, and earnings quality are in the context of the Metals & Mining space in which it operates.
Please note, the presentation of New Found's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, New Found's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in New Found's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of New Found GoldCorp. Please utilize our Beneish M Score to check the likelihood of New Found's management manipulating its earnings.

New Found Workforce Analysis

Traditionally, organizations such as New Found use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare New Found within its industry.

New Found Manpower Efficiency

Return on New Found Manpower

Revenue Per Employee0.0
Revenue Per Executive0.0
Net Loss Per Employee815.2K
Net Loss Per Executive13.3M
Working Capital Per Employee442.5K
Working Capital Per Executive7.2M
When determining whether New Found GoldCorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of New Found's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of New Found Goldcorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on New Found Goldcorp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Found GoldCorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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When running New Found's price analysis, check to measure New Found's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy New Found is operating at the current time. Most of New Found's value examination focuses on studying past and present price action to predict the probability of New Found's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Found's price. Additionally, you may evaluate how the addition of New Found to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between New Found's value and its price as these two are different measures arrived at by different means. Investors typically determine if New Found is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Found's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.