New Found Gold Corp. (CVE:NFG – Get Free Report) Director Chad Williams acquired 50,000 shares of the stock in a transaction that occurred on Wednesday, May 27th. The stock was acquired at an average cost of C$2.69 per share, for a total transaction of C$134,500.00. Following the completion of the transaction, the director directly owned 250,675 shares in the company, valued at C$674,315.75. This represents a 24.92% increase in their position.
Chad Williams also recently made the following trade(s):
- On Monday, March 30th, Chad Williams purchased 11,000 shares of New Found Gold stock. The shares were purchased at an average cost of C$2.43 per share, for a total transaction of C$26,730.00.
- On Monday, March 30th, Chad Williams purchased 3,800 shares of New Found Gold stock. The shares were purchased at an average cost of C$2.44 per share, for a total transaction of C$9,272.00.
- On Monday, March 30th, Chad Williams purchased 35,200 shares of New Found Gold stock. The shares were purchased at an average cost of C$2.45 per share, for a total transaction of C$86,240.00.
New Found Gold Price Performance
CVE NFG opened at C$2.75 on Friday. The business’s fifty day moving average price is C$2.75 and its 200-day moving average price is C$3.43. The stock has a market capitalization of C$1.06 billion, a price-to-earnings ratio of -11.46 and a beta of 2.05. New Found Gold Corp. has a 1-year low of C$1.84 and a 1-year high of C$4.89.
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. The company was formerly known as Palisade Resources Corp. and changed its name to New Found Gold Corp.
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