New Found Gold Corp. (CVE:NFG – Get Free Report)’s stock price traded up 0.7% during mid-day trading on Thursday . The company traded as high as C$1.50 and last traded at C$1.47. 441,250 shares traded hands during mid-day trading, a decline of 28% from the average session volume of 613,457 shares. The stock had previously closed at C$1.46.
New Found Gold Stock Up 2.1 %
The business’s 50-day simple moving average is C$2.39 and its two-hundred day simple moving average is C$2.71. The firm has a market cap of C$303.16 million, a price-to-earnings ratio of -5.26 and a beta of 0.56.
Insider Activity
In other New Found Gold news, Director Keith Boyle purchased 25,000 shares of the firm’s stock in a transaction dated Thursday, March 27th. The shares were acquired at an average price of C$1.52 per share, with a total value of C$37,875.00. Corporate insiders own 44.06% of the company’s stock.
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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