New Found Gold (CVE:NFG) Stock Price Down 0.9% - Here's What Happened

Key Points

Error: Response status code does not indicate success: 429 (Too Many Requests).

New Found Gold Corp. (CVE:NFG - ) shares fell 0.9% on Monday . The stock traded as low as C$2.15 and last traded at C$2.18. 144,584 shares changed hands during trading, a decline of 71% from the average session volume of 503,635 shares. The stock had previously closed at C$2.20.

New Found Gold Stock Performance

The firm has a market cap of C$443.55 million, a PE ratio of -7.69 and a beta of 0.56. The company's 50-day simple moving average is C$2.11 and its two-hundred day simple moving average is C$2.05.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.