New Found Gold Corp. (CVE:NFG – Get Free Report)’s stock price reached a new 52-week low on Monday . The stock traded as low as C$3.15 and last traded at C$3.16, with a volume of 329291 shares trading hands. The stock had previously closed at C$3.34.
New Found Gold Trading Up 5.1 %
The company has a market capitalization of C$646.22 million, a price-to-earnings ratio of -8.61 and a beta of 0.56. The firm’s fifty day simple moving average is C$3.55 and its two-hundred day simple moving average is C$4.08.
New Found Gold (CVE:NFG – Get Free Report) last released its quarterly earnings results on Friday, August 9th. The company reported C($0.06) earnings per share (EPS) for the quarter.
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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