Keith Boyle Purchases 25,000 Shares of New Found Gold Corp. (CVE:NFG) Stock

New Found Gold Corp. (CVE:NFG) Director Keith Boyle acquired 25,000 shares of the company’s stock in a transaction that occurred on Thursday, March 27th. The shares were acquired at an average cost of C$1.52 per share, for a total transaction of C$37,875.00.

New Found Gold Stock Performance

New Found Gold stock opened at C$1.69 on Friday. The company has a market cap of C$342.84 million, a P/E ratio of -5.95 and a beta of 0.56. New Found Gold Corp. has a one year low of C$1.38 and a one year high of C$5.71. The business has a fifty day moving average of C$2.45 and a two-hundred day moving average of 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.