New Found Gold Corp. (CVE:NFG – Get Free Report) traded down 29.8% on Tuesday . The company traded as low as C$1.55 and last traded at C$1.58. 3,547,956 shares were traded during mid-day trading, an increase of 653% from the average session volume of 470,954 shares. The stock had previously closed at C$2.25.
New Found Gold Trading Down 25.8 %
The stock’s 50 day moving average is C$2.52 and its two-hundred day moving average is C$2.80. The stock has a market capitalization of C$339.78 million, a price-to-earnings ratio of -5.89 and a beta of 0.56.
About New Found Gold
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.
Featured Articles
- Five stocks we like better than New Found Gold
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- Innovation Incubators: Survey of Entrepreneurs Reveals The Cities Most Supportive of Startups
- 3 Stocks to Consider Buying in October
- NVIDIA Insiders Sell: This Is What It Means for the Market
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- Space Stocks Bottoming: Which Are Positioned Best for a Bounce?
Receive News & Ratings for New Found Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New Found Gold and related companies with MarketBeat.com's FREE daily email newsletter.
