New Found Gold Corp. (CVE:NFG - Free Report) - Roth Capital lifted their FY2024 earnings per share estimates for shares of New Found Gold in a research report issued to clients and investors on Tuesday, December 24th. Roth Capital analyst M. Niehuser now forecasts that the company will post earnings of ($0.28) per share for the year, up from their prior estimate of ($0.31).
New Found Gold Stock Up 6.3 %
New Found Gold stock traded up C$0.15 during mid-day trading on Friday, hitting C$2.53. The company's stock had a trading volume of 207,569 shares, compared to its average volume of 226,400. The stock has a market capitalization of C$499.98 million, a P/E ratio of -6.66 and a beta of 0.56. New Found Gold has a twelve month low of C$2.11 and a twelve month high of C$5.71. The stock's fifty day moving average price is C$2.68 and its two-hundred day moving average price is C$3.39.
New Found Gold Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider New Found Gold, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and New Found Gold wasn't on the list.
While New Found Gold currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
