New Found Gold (OTCMKTS:NFGFF) Trading Up 3.5% – Here’s Why

New Found Gold Corp. (OTCMKTS:NFGFFGet Free Report) was up 3.5% during trading on Thursday . The company traded as high as $1.60 and last traded at $1.47. Approximately 1,521,366 shares changed hands during mid-day trading, an increase of 998% from the average session volume of 138,499 shares. The stock had previously closed at $1.42.

New Found Gold Price Performance

The stock’s 50-day moving average price is $1.67 and its 200-day moving average price is $2.21.

New Found Gold Company Profile

(Get Free Report)

New Found Gold Corp. is a junior mineral exploration company focused on the discovery and development of gold deposits. Headquartered in Vancouver, British Columbia, the company trades on the OTC Markets under the symbol NFGFF and maintains a primary listing on the TSX Venture Exchange. Its corporate mandate is to advance high?grade gold targets through systematic exploration, resource definition and preliminary economic assessment.

The company’s flagship asset is the Queensway project, located in Newfoundland and Labrador’s emerging Gander Gold District.

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