New Found Gold Corp is among the group of TSX Venture Exchange stocks recently upgraded by analysts. This means each stock on this list has seen its averge consensus value move up in the last week, so at least one analyst has upgraded their view on these stocks.
This report is generated monthly. It displays the number of analysts along with their buy-hold-sell ratings for the company. A company is included when its mean rating increases from the previous week. Stocks in this category are held primarily for capital appreciation.
Companies can get upgraded for a number of reasons - but primarily due to improved future earnings potential due to new contracts, new products, cost savings or restructuring.
Symbol | Name | Buy | Out Perform | Hold | Under Perform | Sell | No Opinion | Mean Rating | Prev Mean Rating | Mean Label |
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NFG | New Found Gold Corp | 3 | 2 | 0 | 0 | 0 | 0 | 4.6 | 4.5 | Buy |
OSI | Osino Resources Corp | 3 | 2 | 0 | 0 | 0 | 0 | 4.6 | 4.5 | Buy |
AMX | Amex Exploration Inc | 2 | 2 | 0 | 0 | 0 | 0 | 4.5 | 4.3333 | Outperform |
LNGE | LNG Energy Group Corp | 1 | 0 | 0 | 0 | 0 | 0 | 5 | 0 | Buy |
More about New Found Gold Corp
New Found Gold Corp is a mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties with a focus on gold properties located in the Provinces of Newfoundland and Labrador and Ontario, Canada. The Company's exploration is focused on discovering and delineating gold resources. The Company has one material property: the Queensway Project located in Newfoundland, Canada (the Queensway Project).
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