New Found Gold Corp. (CVE:NFG – Get Free Report) traded up 4.3% during mid-day trading on Wednesday . The stock traded as high as C$2.53 and last traded at C$2.53. 177,404 shares traded hands during trading, a decline of 21% from the average session volume of 223,223 shares. The stock had previously closed at C$2.43.
New Found Gold Stock Down 3.4 %
The firm has a market capitalization of C$454.53 million, a PE ratio of -6.26 and a beta of 0.56. The stock’s fifty day simple moving average is C$2.92 and its 200 day simple moving average is C$3.57.
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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