When was New Found Gold founded?

New Found Gold was founded in 2017 and raised its 1st funding round 3 years after it was founded.

Where is New Found Gold located?

New Found Gold is headquartered in Toronto, Canada.

How many employees does New Found Gold have?

As of May 31, 2026, the latest employee count at New Found Gold is 83.

Is New Found Gold a funded company?

New Found Gold is a funded company, having raised an undisclosed amount across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 02, 2020.

When was the latest funding round of New Found Gold?

New Found Gold's latest funding was a $***** Post IPO round on Aug 27, 2025, with participation from 1 investor.

Where does New Found Gold rank among its competitors?

New Found Gold ranks 25th amongst 2057 active competitors, of which 55 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was New Found Gold, which secured $14.4M in Aug, 2025.

Who are the top competitors of New Found Gold?

New Found Gold's top competitors include Rio Tinto, Glencore and Anglo American. Among them, New Found Gold secured the most recent funding round in August, 2025.

New Found Gold - 2026 Company Profile, Funding & Competitors

New Found Gold is a public company based in Toronto (Canada), founded in 2017. It operates as a Gold exploration and development company focused on high-grade gold projects. New Found Gold has raised an undisclosed amount in funding from Novo Resources. The company has 2057 active competitors, including 55 funded and 896 that have exited. Its top competitors include companies like Rio Tinto, Glencore and Anglo American.

Company Details

Gold exploration and development company focused on high-grade gold projects. It undertakes exploration activities, including drilling and trenching, to identify and delineate gold resources. The company also conducts metallurgical testing and prepares economic assessments to evaluate the viability of its projects. It aims to advance its projects through permitting and environmental studies towards potential future development.

Website: newfoundgold.ca
Social
Email ID: *****@newfoundgold.ca
Phone Number: +1 **********

Key Metrics

Founded Year

2017

Location

Toronto, Canada

Stage

Public

Latest Funding Round

Post IPO, Aug 27, 2025, $*****

Investors

Novo Resources & 9 more

Ranked

25^th among 2057 active competitors

Employee Count

83 as on May 31, 2026

Investment & Acquisitions

Maritime Resources & 2 more

Similar Companies

Rio Tinto & 2140 more

Exit Details

Public

View New Found Gold's full profile

New Found Gold got listed on Aug 11, 2020.

Click here to take a look at New Found Gold's IPO in detail

New Found Gold has raised funding over 5 rounds. Its first funding round was on Mar 02, 2020. Its latest funding round was a Post IPO round on Aug 27, 2025 for $*****. 1 investor participated in its latest round. New Found Gold has 9 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of New Found Gold:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 27, 2025	8543859	Post IPO	2552104	5255151	3067013	9728009
May 28, 2025	7911419	Post IPO	5557235	3021287	6254572	8724230
Dec 14, 2022	2471372	Post IPO	2745347	6055974	9052574	Eric Sprott & 6 more

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New Found Gold's employee count trend

New Found Gold has 83 employees as of May 26. Here is New Found Gold's employee count trend over the years:

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Top competitors of New Found Gold include Rio Tinto, Glencore and Anglo American. Here is the list of Top 10 competitors of New Found Gold, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Rio Tinto 1873, London (United Kingdom), Public	Manufacturer of metals and minerals	-	Umbono, Greyrock Investments & 10 others	74/100
2nd	Glencore 1974, Baar (Switzerland), Public	Producer and supplier of metals and minerals	$2.2B	First Reserve, Capital Group & 6 others	70/100
3rd	Anglo American 1917, London (United Kingdom), Acquired	Provider of precious metals exploration & development services	-	Vale, Elliott Management & 4 others	66/100
4th	Thriveni 1991, Salem (India), Acquired	Diversified miner investing in mineral beneficiation and metal manufacturing	$98.2M	Samara Capital, Aryan Mining and Trading Corporation ... & 3 others	66/100
5th	NCC 1978, Hyderabad (India), Public	Developer of infrastructure projects for transportation water irrigation and mining	-	ICICI Venture, Rare Enterprises & 3 others	65/100
6th	Newmont 1916, Greenwood Village (United States), Public	Provider of gold mining and exploration services	-	Poku Capital	64/100
7th	Coeur 1928, Chicago (United States), Public	Provider of precious metals exploration services	-	-	64/100
8th	Agnico Eagle 1957, Toronto (Canada), Public	Provider of gold exploration and development services	-	Castle Investment Management, Elysee Development ... & 1 others	62/100
9th	Skeena Resources 1979, Vancouver (Canada), Public	Canadian mining exploration company focused on developing prospective precious and base metal properties	-	Franco-Nevada, Barrick & 3 others	60/100
10th	SilverCrest Metals 1973, Vancouver (Canada), Acquired	Previous metals exploration company	$12.1M	SSR Mining, Desjardins & 3 others	60/100
25th	New Found Gold 2017, Toronto (Canada), Public	Gold exploration and development company focused on high-grade gold projects	-	2176423 Ontario, Paradigmcap & 8 others	53/100

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New Found Gold has made 2 investments in Exploits Discovery and Labrador Gold and acquired Maritime Resources.

Here is the list of these investments and acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Sep 05, 2025	Acquisition	Maritime Resources	2007	Toronto (Canada)
Apr 27, 2021	Investments	Exploits Discovery		Gander (Canada)
Apr 19, 2021	Investments	Labrador Gold	2002	Vancouver (Canada)