What is the total return of NFGC over the past year?
New Found Gold Corp. (NFGC) delivered a return of 73.41% over the past year. Since NFGC does not currently pay dividends, the total return equals the price-only return.
New Found Gold Corp.
New Found Gold Corp. did not pay dividends during this period.
Total return equals price-only return for non-dividend stocks.
New Found Gold Corp. (NFGC) does not currently pay dividends. Many growth-focused companies reinvest profits back into the business rather than distributing them as dividends. For these stocks, total return equals price appreciation.
Our total return calculator simulates dividend reinvestment (DRIP) by assuming each dividend payment is used to purchase additional shares at the closing price on the ex-dividend date. This methodology provides an accurate representation of how a dividend reinvestment plan would perform. The calculation accounts for the compounding effect where reinvested dividends generate their own future dividends.
New Found Gold Corp. (NFGC) delivered a return of 73.41% over the past year. Since NFGC does not currently pay dividends, the total return equals the price-only return.
A $10,000 investment in New Found Gold Corp. one year ago would be worth $17,341 today, representing a gain of $7,341.
New Found Gold Corp. (NFGC) does not currently pay dividends. Many growth-focused companies reinvest profits back into the business rather than distributing them as dividends.
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