New Found Gold Corp. (CVE:NFG – Get Free Report)’s stock price shot up 0.7% during trading on Thursday . The company traded as high as C$1.50 and last traded at C$1.47. 441,250 shares traded hands during trading, a decline of 28% from the average session volume of 613,457 shares. The stock had previously closed at C$1.46.
New Found Gold Stock Up 2.1 %
The firm has a market capitalization of C$303.16 million, a PE ratio of -5.26 and a beta of 0.56. The firm has a 50-day moving average price of C$2.39 and a 200 day moving average price of C$2.71.
Insider Activity at New Found Gold
In related news, Director Keith Boyle acquired 25,000 shares of New Found Gold stock in a transaction dated Thursday, March 27th. The shares were acquired at an average cost of C$1.52 per share, for a total transaction of C$37,875.00. 44.06% of the stock is currently owned by company insiders.
About New Found Gold
New Found Gold Corp., a mineral exploration company, engages in the identification, evaluation, acquisition, and exploration of mineral properties in the Provinces of Newfoundland and Labrador, and Ontario. It primarily explores for gold deposit. The company holds 100% interests in the Queensway project that includes 96 mineral licenses and 6,659 claims covering an area of 166,475 hectares of land located near Gander, Newfoundland.
Further Reading
- Five stocks we like better than New Found Gold
- What does consumer price index measure?
- Shares of RH Down Nearly 40%: Where Investors Can Turn To Now
- About the Markup Calculator
- Tariffs, Spin-Out, and R2 Updates Are Positive Signs for Rivian
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- Cathie Wood Loads Up on Baidu—Is It the Right Time to Buy?
Receive News & Ratings for New Found Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New Found Gold and related companies with MarketBeat.com's FREE daily email newsletter.
