Shares of New Found Gold Corp. (OTCMKTS:NFGFF – Get Free Report) were down 1.2% during trading on Wednesday . The company traded as low as $1.67 and last traded at $1.70. Approximately 276,841 shares traded hands during mid-day trading, an increase of 100% from the average daily volume of 138,499 shares. The stock had previously closed at $1.72.
New Found Gold Stock Performance
The firm has a 50 day moving average price of $1.73 and a two-hundred day moving average price of $2.27.
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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