New Found Gold Corp. (OTCMKTS:NFGFF – Get Free Report) shares were down 7.8% during trading on Tuesday . The company traded as low as $1.99 and last traded at $2.02. Approximately 1,017,882 shares traded hands during mid-day trading, an increase of 635% from the average daily volume of 138,499 shares. The stock had previously closed at $2.19.
New Found Gold Price Performance
The business has a 50-day simple moving average of $2.07 and a 200 day simple moving average of $2.49.
About New Found Gold
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 highâgrade 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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