Shares of New Found Gold Corp. (CVE:NFG – Get Free Report) were down 2.2% on Thursday . The stock traded as low as C$4.82 and last traded at C$4.82. Approximately 72,387 shares changed hands during trading, a decline of 52% from the average daily volume of 149,918 shares. The stock had previously closed at C$4.93.
New Found Gold Stock Performance
The business has a fifty day moving average price of C$4.88. The stock has a market capitalization of C$905.52 million, a P/E ratio of -10.62 and a beta of 0.56.
New Found Gold (CVE:NFG – Get Free Report) last issued its earnings results on Thursday, March 21st. The company reported C($0.11) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.09) by C($0.02).
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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