Shares of New Found Gold Corp. (CVE:NFG – Get Free Report) were down 2.2% during trading on Thursday . The company traded as low as C$4.82 and last traded at C$4.82. Approximately 72,387 shares changed hands during mid-day 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 firm has a market cap of C$905.52 million, a price-to-earnings ratio of -10.62 and a beta of 0.56. The business has a fifty day simple moving average of C$4.88.
New Found Gold (CVE:NFG – Get Free Report) last announced its quarterly earnings data on Thursday, March 21st. The company reported C($0.11) earnings per share for the quarter, missing the consensus estimate of C($0.09) by C($0.02).
About New Found Gold
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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