New Found Gold Corp. (OTCMKTS:NFGFF – Get Free Report) shot up 4.6% during trading on Friday . The stock traded as high as $1.86 and last traded at $1.83. 1,092,940 shares changed hands during mid-day trading, an increase of 689% from the average session volume of 138,499 shares. The stock had previously closed at $1.75.
New Found Gold Price Performance
The firm’s 50-day simple moving average is $1.78 and its 200 day simple moving average is $2.05.
New Found Gold Company Profile
New Found Gold Corp., a mineral exploration company, engages in the identification, acquisition, and exploration of mineral properties in the Provinces of Newfoundland and Labrador and Ontario, Canada. The company primarily explores for gold deposit. It holds an interest in the Queensway project comprising 86 mineral licenses and 6,041 claims that covers an area of 151,030 hectares of land located near Gander, Newfoundland.
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