During the last session, New Found Gold Corp (AMEX:NFGC)’s traded shares were 0.39 million, with the beta value of the company hitting 0.74. At the end of the trading day, the stock’s price was $1.87, reflecting an intraday loss of -3.11% or -$0.06. The 52-week high for the NFGC share is $4.15, that puts it down -121.93 from that peak though still a striking 19.25% gain since the share price plummeted to a 52-week low of $1.51. The company’s market capitalization is $371.96M, and the average intraday trading volume over the past 10 days was 0.43 million shares, and the average trade volume was 525.19K shares over the past three months.
New Found Gold Corp (NFGC) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. NFGC has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it.
New Found Gold Corp (AMEX:NFGC) trade information
New Found Gold Corp (NFGC) registered a -3.11% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -3.11% in intraday trading to $1.87, hitting a weekly high. The stock’s 5-day price performance is 10.65%, and it has moved by 6.25% in 30 days. Based on these gigs, the overall price performance for the year is -44.67%. The short interest in New Found Gold Corp (AMEX:NFGC) is 4.95 million shares and it means that shorts have 10.01 day(s) to cover.
New Found Gold Corp (NFGC) estimates and forecasts
Statistics show that New Found Gold Corp has outperformed its competitors in share price, compared to the industry in which it operates. New Found Gold Corp (NFGC) shares have gone down -35.52% during the last six months, with a year-to-date growth rate more than the industry average at 42.42% against 18.60.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -70.26%. While earnings are projected to return 46.48% in 2025.
NFGC Dividends
New Found Gold Corp is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
New Found Gold Corp (AMEX:NFGC)’s Major holders
New Found Gold Corp insiders own 44.04% of total outstanding shares while institutional holders control 4.83%, with the float percentage being 8.63%. VAN ECK ASSOCIATES CORP is the largest shareholder of the company, while 51.0 institutions own stock in it. As of 2024-06-30, the company held over 5.34 million shares (or 2.8461% of all shares), a total value of $15.06 million in shares.
The next largest institutional holding, with 0.4 million shares, is of MORGAN STANLEY’s that is approximately 0.2121% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $1.13 million.
