New Found Gold Corp. (CVE:NFG – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$3.15 and last traded at C$3.16, with a volume of 329291 shares trading hands. The stock had previously closed at C$3.34.
New Found Gold Stock Performance
The business’s 50 day moving average price is C$3.55 and its 200-day moving average price is C$4.08. The firm has a market capitalization of C$646.22 million, a PE ratio of -8.61 and a beta of 0.56.
New Found Gold (CVE:NFG – Get Free Report) last announced its earnings results on Friday, August 9th. The company reported C($0.06) earnings per share for the quarter.
New Found Gold Company Profile
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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