New Found Gold Corp. (CVE:NFG - Get Free Report) shares traded up 7.7% during mid-day trading on Tuesday . The stock traded as high as C$2.84 and last traded at C$2.80. 1,259,415 shares traded hands during mid-day trading, an increase of 141% from the average session volume of 522,163 shares. The stock had previously closed at C$2.60.
New Found Gold Trading Down 2.1%
The company has a 50 day moving average of C$2.30 and a 200-day moving average of C$2.04. The firm has a market capitalization of C$695.06 million, a P/E ratio of -12.43 and a beta of 1.04.
About New Found Gold
(
Get Free Report)
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 Stories
Before you consider New Found Gold, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and New Found Gold wasn't on the list.
While New Found Gold currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
