New Found Gold Corp. (CVE:NFG – Get Free Report) shares were up 0.8% during mid-day trading on Monday . The company traded as high as C$4.44 and last traded at C$4.36. Approximately 176,486 shares traded hands during trading, an increase of 22% from the average daily volume of 144,106 shares. The stock had previously closed at C$4.33.
New Found Gold Price Performance
The stock has a 50-day moving average price of C$4.89 and a two-hundred day moving average price of C$4.71. The stock has a market cap of C$825.96 million, a PE ratio of -9.69 and a beta of 0.57.
New Found Gold (CVE:NFG – Get Free Report) last issued its quarterly earnings data on Thursday, May 9th. The company reported C($0.07) EPS for the quarter, topping analysts’ consensus estimates of C($0.09) by C$0.02.
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.
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