Shares of New Found Gold Corp. (CVE:NFG – Get Free Report) traded up 0.3% on Monday . The company traded as high as C$1.81 and last traded at C$1.69. 356,994 shares changed hands during trading, a decline of 41% from the average session volume of 604,731 shares. The stock had previously closed at C$1.69.
New Found Gold Stock Performance
The business has a fifty day simple moving average of C$2.45 and a 200-day simple moving average of C$2.75. The firm has a market cap of C$344.87 million, a price-to-earnings ratio of -5.98 and a beta of 0.56.
Insider Activity
In other New Found Gold news, Director Keith Boyle acquired 25,000 shares of New Found Gold stock in a transaction that occurred on Thursday, March 27th. The shares were bought at an average price of C$1.52 per share, with a total value of C$37,875.00. 44.06% of the stock is currently owned by insiders.
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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