KGC vs NFGC

Kinross Gold Corporation vs New Found Gold Corp — Valuation Comparison 2026

By CirclFi Research Team · Updated 2026-06-03 · Data from SEC EDGAR, FRED & GDELT

Quick Summary — KGC scores higher on quality with 9.4/10 vs NFGC's 5.7/10. KGC trades at $28.99 while NFGC trades at $2.05. Both analyzed daily using SEC EDGAR data across 13 institutional models.

KGC

Gold
Kinross Gold Corporation
Quality
9.4
out of 10
Value Trap
Price
$28.99
Last close
Models
13/13
Active
VS

NFGC

Gold
New Found Gold Corp
Quality
5.7
out of 10
Value Trap
17
SAFE
Price
$2.05
Last close
Models
11/13
Active
KGC
Bayesian DCF sees +36.7% upside
Limited to 2/13 visible models
NFGC
2 models active
Limited to 2/13 visible models

KGC vs NFGC — Fair Value Comparison

KGC
$0$16$31$47 Price$28.99 Bayesian …$39.63 (+36.7%) Earnings …$24.06 (-17.0%)
NFGC
$0$1$2$2 Price$2.05 Bayesian …$0.60 (-70.8%) Earnings …$0.25 (-88.0%)
Market Price Model 1 Model 2

Model-by-Model Comparison

ModelType KGC Fair ValueKGC Upside NFGC Fair ValueNFGC Upside
Bayesian DCF Intrinsic $39.63 +36.7% $0.60 -70.8%
Earnings Power Value Intrinsic $24.06 -17.0% $0.25 -88.0%
EROIC Spread Intrinsic $•••.•• ••.•% $•••.•• ••.•%
First Chicago Scenario $•••.•• ••.•% $•••.•• ••.•%
Markov DDM Intrinsic $•••.•• ••.•% $•••.•• ••.•%
ML-RIV Intrinsic $•••.•• ••.•% $•••.•• ••.•%
Dynamic NAV Asset-Based $•••.•• ••.•% $•••.•• ••.•%
PWERM Option-Based $•••.•• ••.•% $•••.•• ••.•%
Regime Cross-Sectional Relative $•••.•• ••.•% $•••.•• ••.•%
Sentiment SOTP Hybrid $•••.•• ••.•% $•••.•• ••.•%
CUCE Ensemble Ensemble $•••.•• ••.•% $•••.•• ••.•%
FTNN Topology Relative $•••.•• ••.•% $•••.•• ••.•%
RCMH-DCF Intrinsic $•••.•• ••.•% $•••.•• ••.•%

KGC vs NFGC — Which Stock Is More Undervalued in 2026?

KGC scores higher with a 9.4/10 quality rating vs NFGC's 5.7/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

How Do KGC and NFGC Valuations Compare?

At $28.99, KGC trades +36.7% below its Bayesian DCF fair value of $39.63, while NFGC at $2.05 trades +70.8% above its estimate of $0.60. NFGC shows a wider gap between price and intrinsic value.

Quality of Company: KGC vs NFGC

KGC earns a Quality of Company score of 9.4/10 compared to NFGC's 5.7/10. This is a significant quality gap — the higher-scoring company demonstrates materially stronger fundamentals across profitability, growth consistency, and balance sheet health. The QOC score synthesizes 32 signals spanning profitability margins, revenue growth, free cash flow, capital allocation, and leverage.

Value Trap Risk: KGC vs NFGC

Review the value trap analysis for both KGC and NFGC to assess whether apparent undervaluation reflects genuine opportunity or hidden fundamental risk.

Both in Gold

Both KGC and NFGC operate in Gold, which has 50 stocks tracked by CirclFi. Same-industry comparisons provide the most direct insight into relative valuation since both companies face similar regulatory environments, market dynamics, and competitive pressures. Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN), and ensemble methods (CUCE).

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