Shares of New Found Gold Corp. (OTCMKTS:NFGFF – Get Free Report) were up 2.1% on Monday . The company traded as high as $2.94 and last traded at $2.89. Approximately 1,521,134 shares were traded during mid-day trading, an increase of 998% from the average daily volume of 138,499 shares. The stock had previously closed at $2.83.
New Found Gold Stock Performance
The stock’s 50 day moving average is $2.30 and its 200-day moving average is $1.92.
About New Found Gold
New Found Gold Corp., a mineral exploration company, engages in the identification, acquisition, and exploration of mineral properties in the Provinces of Newfoundland and Labrador and Ontario, Canada. The company primarily explores for gold deposit. It holds an interest in the Queensway project comprising 86 mineral licenses and 6,041 claims that covers an area of 151,030 hectares of land located near Gander, Newfoundland.
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