New Found Gold Corp. (CVE:NFG – Get Free Report) fell 0.4% during trading on Friday . The stock traded as low as C$2.44 and last traded at C$2.49. 91,682 shares traded hands during mid-day trading, a decline of 62% from the average session volume of 241,164 shares. The stock had previously closed at C$2.50.
New Found Gold Stock Down 0.4 %
The company has a market capitalization of C$492.07 million, a price-to-earnings ratio of -6.55 and a beta of 0.56. The stock’s 50-day simple moving average is C$2.49 and its two-hundred day simple moving average is C$3.23.
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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