Shares of New Found Gold Corp. (CVE:NFG - Get Free Report) rose 5.3% during mid-day trading on Monday . The stock traded as high as C$2.59 and last traded at C$2.59. Approximately 922,855 shares were traded during mid-day trading, an increase of 185% from the average daily volume of 323,933 shares. The stock had previously closed at C$2.46.
New Found Gold Stock Down 6.8 %
The company has a 50 day simple moving average of C$2.50 and a two-hundred day simple moving average of C$3.02. The company has a market capitalization of C$498.48 million, a P/E ratio of -8.64 and a beta of 0.56.
New Found Gold (CVE:NFG - Get Free Report) last issued its quarterly earnings data on Tuesday, November 12th. The company reported C($0.06) earnings per share for the quarter, topping the consensus estimate of C($0.09) by C$0.03.
About New Found Gold
(
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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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