Estados financieros detallados de New Found Gold Corp. (NFGC): cuenta de resultados, balance general y flujo de caja. Sigue la evolución de márgenes, deuda, liquidez y rentabilidad año a año con hasta 20 años de histórico.
Resumen del Análisis
Márgenes de los últimos 12 meses: margen bruto 2.0%, margen operativo -10.2%, margen neto -8.2%.
Al precio actual de $1.73, NFGC presenta beneficios negativos (P/E no significativo) y un ROE del -11.36%. La capitalización bursátil es de $424M.
Cuenta de Resultados (10 años)
| Año | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Ingresos | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $5.8M |
| Coste de Ventas | $4308 | 0 | 0 | $582930 | $880396 | $940208 | $565408 | $5.7M |
| Beneficio Bruto | -$4308 | 0 | 0 | -$582930 | -$880396 | -$940208 | -$565408 | $118255 |
| I+D | 0 | 0 | 0 | 0 | $1.2M | $1.3M | 0 | 0 |
| Generales y Administrativos | $2.7M | $3.9M | $38.1M | $12.5M | $13.0M | $5.6M | $41.3M | $17.9M |
| Gastos Operativos | $2.7M | $3.9M | $38.3M | $56.1M | $87.8M | $102.5M | $41.3M | $59.3M |
| Beneficio Operativo | -$2.7M | -$3.9M | -$38.3M | -$56.7M | -$88.7M | -$103.5M | -$41.9M | -$59.2M |
| EBITDA | -$1.3M | -$3.9M | -$38.2M | -$50.0M | -$89.1M | -$78.9M | -$33.7M | -$47.0M |
| Gastos por Intereses | 0 | 0 | $3544 | $7493 | $15988 | $27119 | $17445 | $112568 |
| Beneficio Antes de Impuestos | -$1.3M | -$4.0M | -$32.5M | -$50.6M | -$90.0M | -$79.9M | -$34.3M | -$48.0M |
| Impuestos | $2 | 0 | 0 | 0 | 0 | 0 | $645401 | -$394570 |
| Beneficio Neto | -$1.3M | -$4.0M | -$32.5M | -$50.6M | -$90.0M | -$79.9M | -$34.9M | -$47.6M |
| BPA | $-0.03 | $-0.09 | $-0.30 | $-0.37 | $-0.66 | $-0.45 | $-0.18 | $-0.21 |
| BPA Diluido | $-0.03 | $-0.09 | $-0.30 | $-0.37 | $-0.66 | $-0.45 | $-0.18 | $-0.21 |
| Acciones en Circulación (Diluidas) | $44.6M | $44.6M | $112.7M | $154.9M | $166.9M | $178.4M | $194.0M | $234.6M |
Cuenta de Resultados (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Ingresos | 0 | $5.8M | $9.9M | $15.7M |
| Beneficio Bruto | -$183182 | $700618 | $1.5M | $15.7M |
| Beneficio Operativo | -$17.3M | -$20.6M | -$18.0M | -$726269 |
| EBITDA | -$12.8M | -$15.2M | -$18.5M | -$9.3M |
| Beneficio Neto | -$12.9M | -$15.1M | -$19.1M | -$10.5M |
| BPA | $-0.06 | $-0.05 | $-0.08 | $-0.03 |
| BPA Diluido | $-0.06 | $-0.05 | $-0.08 | $-0.03 |
Balance (10 años)
| Año | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Caja y Equivalentes | $323179 | $7.3M | $47.7M | $100.5M | $82.2M | $53.9M | $22.3M | $58.8M |
| Inversiones a Corto | $398102 | $114937 | $21.1M | $28.6M | $7.5M | $3.6M | $779019 | $8.9M |
| Cuentas por Cobrar | $274264 | $337160 | $1.0M | $1.8M | $3.1M | $3.4M | $5.0M | $4.3M |
| Inventario | 0 | 0 | $1.3M | 0 | 0 | 0 | 0 | $8.8M |
| Activos Corrientes | $1.1M | $8.2M | $71.2M | $136.5M | $94.3M | $62.4M | $29.8M | $84.2M |
| Inmovilizado Material | $41641 | $1.1M | $2.4M | $11.5M | $16.4M | $16.9M | $42.6M | $250.3M |
| Fondo de Comercio | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $121.0M |
| Activos Intangibles | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Activos Totales | $1.8M | $9.4M | $73.5M | $148.1M | $110.7M | $84.6M | $74.0M | $535.7M |
| Cuentas por Pagar | 0 | 0 | 0 | 0 | 0 | $5.2M | $4.8M | $8.7M |
| Deuda a Corto | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $297531 |
| Pasivos Corrientes | $828306 | $392849 | $635083 | $12.8M | $27.1M | $19.0M | $7.4M | $21.7M |
| Deuda a Largo | 0 | 0 | 0 | 0 | 0 | 0 | 0 | $503007 |
| Pasivos Totales | $828306 | $392849 | $635083 | $25.4M | $27.2M | $19.1M | $7.4M | $116.9M |
| Reservas | -$2.4M | -$6.4M | -$39.0M | -$89.6M | -$179.6M | -$259.5M | -$309.8M | -$357.0M |
| Patrimonio Neto | $955191 | $9.0M | $72.9M | $122.7M | $83.5M | $65.5M | $66.6M | $418.8M |
| Deuda Total | 0 | 0 | $53201 | $100850 | $150227 | $157797 | $123103 | $1.1M |
| Deuda Neta | -$721281 | -$7.5M | -$68.8M | -$129.0M | -$89.5M | -$57.3M | -$23.0M | -$66.5M |
| Capital Circulante | $235869 | $7.8M | $70.5M | $123.8M | $67.2M | $43.4M | $22.4M | $62.5M |
Balance (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Caja y Equivalentes | $71.1M | $58.8M | $38.0M | $193.8M |
| Activos Totales | $119.9M | $535.7M | $522.6M | $705.7M |
| Pasivos Totales | $18.6M | $116.9M | $116.0M | $197.7M |
| Patrimonio Neto | $101.3M | $418.8M | $406.6M | $508.0M |
| Deuda Total | $69191 | $1.1M | $1.7M | $68.0M |
Flujo de Caja (10 años)
| Año | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Beneficio Neto | -$1.3M | -$4.0M | -$32.5M | -$50.6M | -$90.0M | -$79.9M | -$50.3M | -$47.5M |
| Amortizaciones | $4308 | $12492 | $129957 | $582930 | $880396 | $940208 | $813654 | $827203 |
| Compensación en Acciones | 0 | $2.1M | $26.5M | $7.6M | $8.5M | $1.4M | $889045 | 0 |
| Cambio en Capital Circulante | $626342 | -$866159 | -$1.5M | -$170181 | $3.8M | -$604651 | $1.3M | $989618 |
| Flujo de Caja Operativo | -$1.9M | -$2.6M | -$13.2M | -$48.5M | -$74.4M | -$99.3M | -$55.7M | -$55.2M |
| Inversiones (CapEx) | -$308604 | -$307370 | -$1.5M | -$5.4M | -$5.6M | -$1.7M | -$4.5M | -$1.8M |
| Adquisiciones | 0 | 0 | 0 | 0 | $12161 | 0 | 0 | $9.0M |
| Recompra de Acciones | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividendos Pagados | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Flujo de Caja Libre | -$2.2M | -$3.0M | -$14.8M | -$53.9M | -$79.9M | -$101.0M | -$60.2M | -$56.9M |
Flujo de Caja (Trimestral)
| Año | 2025-Q3 | 2025-Q4 | 2026-Q1 | 2026-Q2 |
|---|
| Flujo de Caja Operativo | -$16.0M | -$20.5M | -$18.6M | -$5.9M |
| Inversiones (CapEx) | -$163817 | -$1.4M | -$5.8M | -$14.2M |
| Flujo de Caja Libre | -$16.2M | -$21.9M | -$24.4M | -$20.1M |
| Dividendos Pagados | 0 | 0 | 0 | 0 |
| Compensación en Acciones | $766158 | 0 | 0 | $1.7M |
Crecimiento y Márgenes (10 años)
| Año | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| Crecimiento Beneficio Neto (anual) | | -199.7% | -709.3% | -55.7% | -77.7% | +11.2% | +56.3% | -36.2% |
| Crecimiento BPA (anual) | | -199.3% | -233.0% | -23.3% | -78.4% | +31.8% | +60.0% | -16.7% |
| Cambio en Acciones (anual) | | +0.0% | +152.6% | +37.5% | +7.7% | +6.9% | +8.8% | +20.9% |
| Crecimiento FCF (anual) | | -33.8% | -399.4% | -265.3% | -48.2% | -26.3% | +40.4% | +5.4% |
| Margen Bruto | | | | | | | | 2.0% |
| Margen Operativo | | | | | | | | -1019.5% |
| Margen EBITDA | | | | | | | | -809.8% |
| Margen Neto | | | | | | | | -819.2% |
| Margen FCF | | | | | | | | -980.4% |
| Tasa Impositiva Efectiva | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% | -0.0% | -1.9% | 0.8% |
Datos por Acción (10 años)
| Año | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| FCF por Acción | $-0.05 | $-0.07 | $-0.13 | $-0.35 | $-0.48 | $-0.57 | $-0.31 | $-0.24 |
| Dividendo por Acción | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Acciones en Circulación (Básicas) | $44.6M | $44.6M | $112.7M | $154.9M | $166.9M | $178.4M | $194.0M | $234.6M |
Qué mirar en Basic Materials
Mineras, químicas, acero. 100% commodity-driven. Analizar con P/E puro es un error — mira posición de costes y sostenibilidad del dividendo.
- FCF yield — En commodities el FCF es oro — EPS engaña mucho
- Margen bruto — Margen bruto consistente 5y = señal de moat
- Deuda neta / EBITDA (valle) — Usar EBITDA del peor año del ciclo, no el actual
- Dividend coverage — Dividendo cubierto por FCF en año medio, no en pico
- Capex / D&A — >1x = mantienen/crecen reservas. <0.7x = están descapitalizando
- Altman Z-Score — Modelo de bankruptcy (NYU 1968) — combina liquidez, apalancamiento y rentabilidad. Clave en cíclicos
- P/B en ciclos — Commodities: 0.8-1.2x en valles, 2x+ en picos. <2x aún zona razonable
Rentabilidad
| Rentabilidad sobre capital | -11.36% |
| Rentabilidad sobre capital invertido | -11.42% |
| Rentabilidad sobre activos | -8.88% |
| Margen bruto | 2.04% |
| Margen operativo | -1019.53% |
| Margen neto | -819.23% |
Salud financiera
| Deuda / Patrimonio | 0.00 |
| Ratio corriente | 3.89 |
| Piotroski F-Score | 3 |
| Altman Z-Score | 3.76 |
Ratios Clave (10 años)
| Año | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|
| P/E | -84.69 | -26.90 | -13.78 | -24.43 | -8.29 | -10.30 | -14.54 | -19.41 |
| P/VC | 119.02 | 12.06 | 6.39 | 11.42 | 10.94 | 12.62 | 7.63 | 2.28 |
| P/V | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 164.66 |
| Margen Bruto | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 2.0% |
| Margen Operativo | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -1019.5% |
| Margen Neto | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | -819.2% |