New Found Gold CORP (NFGC) — 13F Holders Deep Dive (Q2 2026)

NFGC ranks #4922 out of 37696 tracked stocks by institutional interest, inside the more closely watched half of our coverage.

NFGC is a top-conviction position for Merk Investments LLC — at 8.0% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

TD Waterhouse Canada Inc. has trimmed its NFGC position for two straight quarters, cutting it by $8.5K while still holding $35.3K.

NFGC is up 12.1% today, and institutions have been net buyers of $17.0M this quarter — today's price move and the underlying institutional flow are pointing the same direction.

NFGC reported a net loss of $47.6M in its latest fiscal year.

• Not yet profitable — net loss of $47.6M in the latest fiscal year
• Net income improved year over year, from -$50.3M to -$47.6M
• Operating cash flow was negative, using $55.1M in cash
• Current ratio of 3.89x — enough short-term assets to cover short-term liabilities
• Liabilities run 0.28x equity — within a conventional range