New Found Gold (CVE:NFG) Stock Price Up 2.4% – Still a Buy?

Posted by on Jul 11th, 2026

New Found Gold Corp. (CVE:NFG – Get Free Report)’s stock price traded up 2.4% during trading on Thursday . The stock traded as high as C$2.21 and last traded at C$2.16. Approximately 348,388 shares traded hands during trading, a decline of 52% from the average daily volume of 732,925 shares. The stock had previously closed at C$2.11.

New Found Gold Stock Down 1.9%

The stock has a market capitalization of C$814.26 million, a PE ratio of -8.83 and a beta of 2.35. The business’s 50-day moving average is C$2.50 and its two-hundred day moving average is C$3.17.

Insider Activity at New Found Gold

In other news, Director Chad Williams bought 50,000 shares of the business’s stock in a transaction dated Wednesday, May 27th. The shares were acquired at an average price of C$2.69 per share, for a total transaction of C$134,500.00. Following the completion of the transaction, the director owned 250,675 shares of the company’s stock, valued at approximately C$674,315.75. This trade represents a 24.92% increase in their ownership of the stock. Company insiders own 44.06% of the company’s stock.

About New Found Gold

(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. The company was formerly known as Palisade Resources Corp. and changed its name to New Found Gold Corp.

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