| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 08/29/2023 | 97.8% | Roth MKM | → $9 | Reiterates | Buy → Buy |
| 08/15/2023 | 97.8% | Roth MKM | → $9 | Initiates Coverage On | → Buy |
What is the target price for New Found Gold (NFGC)?
The latest price target for New Found Gold (AMEX: NFGC) was reported by Roth MKM on August 29, 2023. The analyst firm set a price target for $9.00 expecting NFGC to rise to within 12 months (a possible 97.80% upside). 2 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for New Found Gold (NFGC)?
The latest analyst rating for New Found Gold (AMEX: NFGC) was provided by Roth MKM, and New Found Gold reiterated their buy rating.
When is the next analyst rating going to be posted or updated for New Found Gold (NFGC)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of New Found Gold, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for New Found Gold was filed on August 29, 2023 so you should expect the next rating to be made available sometime around August 29, 2024.
Is the Analyst Rating New Found Gold (NFGC) correct?
While ratings are subjective and will change, the latest New Found Gold (NFGC) rating was a reiterated with a price target of $0.00 to $9.00. The current price New Found Gold (NFGC) is trading at is $4.55, which is within the analyst's predicted range.