Shares of New Found Gold Corp. (NYSE:NFGC – Get Free Report) were down 4% on Friday . The stock traded as low as $2.66 and last traded at $2.66. Approximately 83,069 shares were traded during trading, a decline of 79% from the average daily volume of 391,006 shares. The stock had previously closed at $2.77.
New Found Gold Stock Down 5.1 %
The firm has a fifty day moving average of $2.68 and a 200-day moving average of $3.18. The firm has a market cap of $522.95 million, a P/E ratio of -9.23 and a beta of 1.11.
New Found Gold (NYSE:NFGC – Get Free Report) last posted its quarterly earnings data on Friday, August 9th. The company reported ($0.05) EPS for the quarter. On average, equities analysts forecast that New Found Gold Corp. will post -0.3 EPS for the current year.
Institutional Trading of New Found Gold
New Found Gold Company Profile
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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