New Found Gold Corp. (NFGC)
(Delayed Data from AMEX)
$3.49 USD
+0.05 (1.45%)
Updated May 14, 2024 04:00 PM ET
After-Market: $3.48 -0.01 (-0.29%) 7:58 PM ET
2-Buy of 5 2
F Value F Growth D Momentum F VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
NFGC 3.49 +0.05(1.45%)
Will NFGC be a Portfolio Killer in May?
Zacks Investment Research is releasing its prediction for NFGC based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for NFGC
Koppers (KOP) Earnings Beat Estimates, Revenues Lag in Q1
Kronos Worldwide (KRO) Earnings & Sales Top Estimates in Q1
NFGC: What are Zacks experts saying now?
Zacks Private Portfolio Services
Celanese's (CE) Q1 Earnings Surpass Estimates, Sales Lag
Is McEwen Mining (MUX) Stock Outpacing Its Basic Materials Peers This Year?
Other News for NFGC
NFGC Stock Earnings: New Found Gold Corp Common Shares Beats EPS for Q1 2024
New Found Gold: Interesting Prospects And Low Share Price
New Found Gold to buy Labrador Gold's Kingsway project in all-stock deal
New Found Gold Expands with Kingsway Project Acquisition
New Found to Acquire Labrador Gold’s Kingsway Project