Shares of New Found Gold Corp. (CVE:NFG – Get Free Report) traded down 8.2% during mid-day trading on Tuesday . The stock traded as low as C$2.23 and last traded at C$2.25. 1,270,546 shares traded hands during trading, an increase of 195% from the average session volume of 430,407 shares. The stock had previously closed at C$2.45.
New Found Gold Stock Performance
The stock’s fifty day simple moving average is C$2.52 and its two-hundred day simple moving average is C$2.80. The company has a market cap of C$457.79 million, a price-to-earnings ratio of -7.94 and a beta of 0.56.
New Found Gold Company Profile
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.
See Also
- Five stocks we like better than New Found Gold
- The 3 Best Fintech Stocks to Buy Now
- Top 3 Insider Stock Buys in March—Are They Still Good in April?
- How to Start Investing in Real Estate
- Pharma Frenzy: Volatility Ignites Biotech Sector
- 3 Warren Buffett Stocks to Buy Now
- Warren Buffett Thinks This Country Could Be the Next Big Bet
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.
