New Found Gold Corp. (CVE:NFG – Free Report) – Roth Capital raised their FY2024 earnings per share (EPS) estimates for shares of New Found Gold in a research report issued to clients and investors on Tuesday, December 24th. Roth Capital analyst M. Niehuser now anticipates that the company will earn ($0.28) per share for the year, up from their prior forecast of ($0.31).
New Found Gold Stock Up 6.3 %
CVE:NFG opened at C$2.53 on Friday. New Found Gold has a twelve month low of C$2.11 and a twelve month high of C$5.71. The stock’s 50 day moving average price is C$2.68 and its two-hundred day moving average price is C$3.38. The firm has a market capitalization of C$499.98 million, a price-to-earnings ratio of -6.66 and a beta of 0.56.
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.
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