New Found Gold Q2 net loss widens to CAD 11.08 million; revenue rises to CAD 15.72 million - NFGC News | RalliesNew Found Gold Q2 net loss widens to CAD 11.08 million; revenue rises to CAD 15.72 million
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NFGC• Quarterly results
- New Found Gold posted a net loss of CAD 11.08 million, versus a net loss of CAD 10.56 million a year earlier.
- Loss per share narrowed to CAD 0.03 from CAD 0.05 in the prior-year quarter.
- Revenue was CAD 15.72 million, versus no revenue a year earlier; deferred revenue totaled CAD 5.13 million.
Balance sheet and financing
- Cash and cash equivalents rose to CAD 193.83 million from CAD 58.84 million at Dec. 31, 2025.
- Loans payable climbed to CAD 59.8 million from CAD 503,417, reflecting a CAD 70 million EdgePoint senior secured credit facility drawdown.
