New Found Gold Corp. (CVE:NFG – Get Free Report) was down 4.7% during trading on Thursday . The company traded as low as C$2.41 and last traded at C$2.41. Approximately 109,246 shares were traded during trading, a decline of 51% from the average daily volume of 222,368 shares. The stock had previously closed at C$2.53.
New Found Gold Stock Performance
The firm has a market capitalization of C$454.53 million, a P/E ratio of -6.05 and a beta of 0.56. The stock has a fifty day moving average price of C$2.90 and a two-hundred day moving average price of C$3.55.
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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