New Found Gold Corp. (CVE:NFG) Director Purchases C$37,875.00 in Stock

New Found Gold Corp. (CVE:NFG) Director Keith Boyle acquired 25,000 shares of the stock in a transaction dated Thursday, March 27th. The stock was bought at an average price of C$1.52 per share, with a total value of C$37,875.00.

New Found Gold Price Performance

Shares of CVE:NFG opened at C$1.64 on Friday. The business has a fifty day moving average price of C$2.46 and a two-hundred day moving average price of C$2.77. New Found Gold Corp. has a 1 year low of C$1.38 and a 1 year high of C$5.71. The company has a market capitalization of C$333.68 million, a PE ratio of -5.79 and a beta of 0.56.

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.