New Found Gold Corp. (CVE:NFG – Get Free Report)’s share price traded down 5.2% on Wednesday . The company traded as low as C$2.35 and last traded at C$2.35. 26,200 shares were traded during trading, a decline of 88% from the average session volume of 211,392 shares. The stock had previously closed at C$2.48.
New Found Gold Trading Up 0.9 %
The business’s fifty day moving average is C$3.27 and its 200 day moving average is C$3.83. The company has a market cap of C$454.53 million, a P/E ratio of -6.05 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.
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