New Found Gold Corp. (CVE:NFG - Get Free Report)'s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as C$1.38 and last traded at C$1.53, with a volume of 1210633 shares trading hands. The stock had previously closed at C$1.47.
New Found Gold Stock Performance
The business's fifty day moving average price is C$2.45 and its two-hundred day moving average price is C$2.75. The stock has a market capitalization of C$351.99 million, a P/E ratio of -6.10 and a beta of 0.56.
Insider Buying and Selling
In other New Found Gold news, Director Keith Boyle bought 25,000 shares of the business's stock in a transaction dated Thursday, March 27th. The shares were purchased at an average price of C$1.52 per share, with a total value of C$37,875.00. 44.06% of the stock is owned by corporate insiders.
New Found Gold Company Profile
(
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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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