In last trading session, New Found Gold Corp (AMEX:NFGC) saw 0.43 million shares changing hands with its beta currently measuring 0.76. Company’s recent per share price level of $1.87 trading at $0.1 or 5.65% at ring of the bell on the day assigns it a market valuation of $371.96M. That closing price of NFGC’s stock is at a discount of -121.93% from its 52-week high price of $4.15 and is indicating a premium of 19.25% from its 52-week low price of $1.51. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.74 million shares which gives us an average trading volume of 565.03K if we extend that period to 3-months.
For New Found Gold Corp (NFGC), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
New Found Gold Corp (AMEX:NFGC) trade information
Upright in the green during last session for gaining 5.65%, in the last five days NFGC remained trading in the green while hitting it’s week-highest on Friday, 11/29/24 when the stock touched $1.87 price level, adding 0.48% to its value on the day. New Found Gold Corp’s shares saw a change of -46.57% in year-to-date performance and have moved 15.43% in past 5-day. New Found Gold Corp (AMEX:NFGC) showed a performance of -17.98% in past 30-days. Number of shares sold short was 4.95 million shares which calculate 10.01 days to cover the short interests.
New Found Gold Corp (NFGC) estimates and forecasts
Statistics highlight that New Found Gold Corp is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -46.26% of value to its shares in past 6 months, showing an annual growth rate of 12.12% while that of industry is 19.80. Apart from that, the company came raising its revenue forecast for fiscal year 2024.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -70.26% during past 5 years.
New Found Gold Corp (AMEX:NFGC)’s Major holders
Insiders are in possession of 44.04% of company’s total shares while institution are holding 4.83 percent of that, with stock having share float percentage of 8.63%. Investors also watch the number of corporate investors in a company very closely, which is 4.83% institutions for New Found Gold Corp that are currently holding shares of the company. VAN ECK ASSOCIATES CORP is the top institutional holder at NFGC for having 5.34 million shares of worth $15.06 million. And as of 2024-06-30, it was holding 2.8461 of the company’s outstanding shares.
The second largest institutional holder is MORGAN STANLEY, which was holding about 0.4 million shares on 2024-06-30. The number of shares represents firm’s hold over 0.2121 of outstanding shares, having a total worth of $1.13 million.
On the other hand, VanEck ETF Trust-VanEck Junior Gold Miners ETF and Invesco Gold & Special Minerals Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 5.11 shares of worth $9.25 million or 2.57% of the total outstanding shares. The later fund manager was in possession of 220.0 shares on Jul 31, 2024 , making its stake of worth around $0.4 million in the company or a holder of 0.11% of company’s stock.
