NFGC Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: Bullish potential stems from increased investor interest as gold prices surge and strategic drilling initiatives at Queensway show promise.




Bearish Case: High implied volatility and poor historical returns suggest downward pressure. Concerns over exploration success and volatile market conditions increase risk.




Potential Outcomes:
  • Significant drilling success: 15% chance, price > $4.50.
  • Inconclusive results: 45% chance, price $3-$3.50.
  • Disappointing finds: 40% chance, price < $2.50.



April 26, 2025


New Found Gold Forecast

NFGC        New Found Gold











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