New Found Gold Corp. (CVE:NFG – Get Free Report)’s share price dropped 0.4% during mid-day trading on Friday . The stock traded as low as C$2.44 and last traded at C$2.49. Approximately 91,682 shares were traded during mid-day trading, a decline of 62% from the average daily volume of 241,164 shares. The stock had previously closed at C$2.50.
New Found Gold Price Performance
The company has a market cap of C$492.07 million, a P/E ratio of -6.55 and a beta of 0.56. The company’s 50-day moving average is C$2.49 and its two-hundred day moving average is C$3.22.
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.
Featured Stories
- Five stocks we like better than New Found Gold
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- Earn High Dividends With 2 Top REITs Set to Perform in 2025
- What is Short Interest? How to Use It
- Oilfield Leader SLB: An AI Name You Need to Know
- How to Use the MarketBeat Stock Screener
- Top ETFs That Beat the Market in 2024 and Could Do It Again
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.
