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New Found Gold

NFGC · Materials

Last earnings Oct 22, 2026

AI analysis

Latest earnings event · reported Oct 22, 2026

Based on: Earnings release (6-K exhibit) + parent 6-K — transcript not held

No extracted figures held

The event-summary record for this company carries no extracted figures, so the brief and charts cannot be drawn yet. The summary below and the held documents are the record for this event.

Guidance · company-stated

No guidance located in the held release

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

Initial capex$149.8

2 Debt facility available until May 15, 2027, subject to the satisfaction of certain conditions precedent (see New Found Gold press releases dated April 20, 2026 and May 19, 2026 ).

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

I am pleased to announce the results of a revised PEA and updated MRE for Queensway

Based on: Earnings release (6-K exhibit) + parent 6-K — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

2 Debt facility available until May 15, 2027, subject to the satisfaction of certain conditions precedent (see New Found Gold press releases dated April 20, 2026 and May 19, 2026 ).

SEC original ↗New Found Gold — Earnings release (6-K exhibit)EX-99Oct 22, 2026

Capital Expenditures and Funding: Initial capital expenditures for the Project are $149.8 M and growth capital is $832.1 M.

SEC original ↗New Found Gold — Earnings release (6-K exhibit)EX-99Oct 22, 2026

The Company is fully funded for the initial capital expenditures and anticipates cash flows from Phase 1 will fund the growth capital for Phases 2 and 3 at an average gold price of US$3,600/oz.

SEC original ↗New Found Gold — Earnings release (6-K exhibit)EX-99Oct 22, 2026

Strategy & priorities

For Phases 2 and 3, the revised approach increases underground ounces in the mine plan by 86% and includes a separate CIL circuit at the Pine Cove mill and the planned Phase 2 expansion of the Queensway mill.

SEC original ↗New Found Gold — Earnings release (6-K exhibit)EX-99Oct 22, 2026

Revised PEA The PEA strategy of using a phased approach with an offsite permitted mill to execute a rapid path to cash flow remains the same as in the Company's previously released Preliminary Economic Assessment (the 2025 PEA ).

SEC original ↗New Found Gold — Earnings release (6-K exhibit)EX-99Oct 22, 2026

Development Strategy Queensway is planned as a primary conventional OP mine, complemented by high-grade UG mechanized cut and fill mining across numerous deposits in the AFZ Core and the AFZ Peripheral.

SEC original ↗New Found Gold — Earnings release (6-K exhibit)EX-99Oct 22, 2026

The mining strategy consists of OP mining at the AFZ Core starting in Q4/27 using a contractor operating model in the initial years, transitioning to an owner operating model to increase mining and material movement rates.

SEC original ↗New Found Gold — Earnings release (6-K exhibit)EX-99Oct 22, 2026

The development strategy is planned over three phases, as follows: Phase 1 : Milling of OP mineralized material from the Keats and Iceberg deposits is planned to commence in Q4/27 at Pine Cove at a rate of 700 tonnes per day ( tpd ).

SEC original ↗New Found Gold — Earnings release (6-K exhibit)EX-99Oct 22, 2026

Risks & headwinds

The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company s management on the date the statements are made, and they involve a number of risks and uncertainties.

SEC original ↗New Found Gold — Earnings release (6-K exhibit)EX-99Oct 22, 2026

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Rio Tinto (RIO) MaterialsCemex Sab De Cv (CX) MaterialsWheaton Precious Metals (WPM) MaterialsNucor (NUE) MaterialsFranco-Nevada (FNV) MaterialsKinross Gold (KGC) MaterialsBarrick Mining (B) MaterialsCarpenter Technology (CRS) Materials
Documents

Filings

30 documents

Earnings releases

1 document

Presentations

0 documents

No presentations for New Found Gold are held in this edition of the library.

Transcripts

0 documents

No transcripts for New Found Gold are held in this edition of the library.

Mentioned by

1 company

Other tracked companies whose held documents mention New Found Gold by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.