New Found Gold Corp. (CVE:NFG) Director Buys C$37,875.00 in Stock

New Found Gold Corp. (CVE:NFG) Director Keith Boyle bought 25,000 shares of the stock in a transaction dated Thursday, March 27th. The stock was purchased at an average cost of C$1.52 per share, for a total transaction of C$37,875.00.

New Found Gold Stock Up 2.7 %

CVE:NFG opened at C$1.69 on Friday. The firm has a market cap of C$342.84 million, a PE ratio of -5.95 and a beta of 0.56. New Found Gold Corp. has a 12 month low of C$1.38 and a 12 month high of C$5.71. The company’s 50-day moving average price is C$2.45 and its two-hundred day moving average price is C$2.76.

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.