New Found Gold (OTCMKTS:NFGFF) Trading Down 1.3% – What’s Next?

New Found Gold Corp. (OTCMKTS:NFGFFGet Free Report) fell 1.3% during mid-day trading on Friday . The company traded as low as $2.19 and last traded at $2.25. 591,869 shares were traded during mid-day trading, an increase of 327% from the average session volume of 138,499 shares. The stock had previously closed at $2.28.

New Found Gold Trading Down 0.4 %

The company’s 50 day moving average price is $2.58 and its 200 day moving average price is $2.97.

New Found Gold Company Profile

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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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