New Found Gold Corp. (NFGC) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: May 23, 2025

Risk Assessment Details

Potential Dilution: 17.55% of current shares
Recent Dilution: 0% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
200M
Potential Supply
35M
Additional shares possible
Splits
None
Past 2 years

Summary

NFGC currently has 200M outstanding shares. with limited dilution risk as only 35.2M additional shares (17.5%) are authorized for issuance. The company has not diluted shareholders through share issuances in the past 2 years, which is positive for existing holders.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 23, 2025

F-10 filing: This is a F-10 filing for a shelf offering of common shares, warrants, subscription receipts, units, debt securities, and share purchase contracts with a total offering price of up to US$300,000,000.

200M 35M
Mar 21, 2025

40-F filing | 200.5M shares outstanding

200M 35M
Mar 21, 2024

40-F filing | 186.9M shares outstanding

190M 49M
Mar 30, 2023

40-F filing | 175.4M shares outstanding

180M 60M
Jul 22, 2022

F-10 filing: New Found Gold Corp. is filing a short form base shelf prospectus to offer and sell securities, including common shares, warrants, subscription receipts, units, debt securities, and share purchase contracts, for a total offering price of up to US$300,000,000 over a 25-month period.

160M 71M
May 19, 2022

40-F filing | 164.2M shares outstanding

160M 0
Sep 03, 2021

RW filing: New Found Gold Corp. is requesting to withdraw their registration statement (File No. 001-39966) filed on January 29, 2021, as amended on March 18, 2021 and May 10, 2021, because they have become eligible to file a registration statement on Form 40-F under the Commission's Multi-jurisdictional Disclosure System and intend to continue to pursue its proposed NYSE American Listing.

N/A 0
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