New Found Gold Corp. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported net loss was CAD 13.18 million compared to CAD 20.05 million a year ago.

Basic loss per share from continuing operations was CAD 0.07 compared to CAD 0.11 a year ago. Diluted loss per share from continuing operations was CAD 0.07 compared to CAD 0.11 a year ago.