In last trading session, New Found Gold Corp (AMEX:NFGC) saw 0.71 million shares changing hands with its beta currently measuring 0.74. Company’s recent per share price level of $1.81 trading at -$0.09 or -4.74% at ring of the bell on the day assigns it a market valuation of $360.03M. That closing price of NFGC’s stock is at a discount of -129.28% from its 52-week high price of $4.15 and is indicating a premium of 16.57% from its 52-week low price of $1.51.
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.
New Found Gold Corp (AMEX:NFGC) trade information
Upright in the red during last session for losing -4.74%, in the last five days NFGC remained trading in the red while hitting it’s week-highest on Thursday, 02/20/25 when the stock touched $1.81 price level, adding 6.7% to its value on the day. New Found Gold Corp’s shares saw a change of -0.55% in year-to-date performance and have moved -2.16% in past 5-day. New Found Gold Corp (AMEX:NFGC) showed a performance of 2.26% in past 30-days.
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. In 2025, company’s earnings growth rate is likely to be around 47.83% while estimates for its earnings growth in next 5 years are of 60.34%.
New Found Gold Corp (AMEX:NFGC)’s Major holders
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 2.7893 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 Nov 30, 2024 , the former fund manager was holding 4.84 shares of worth $8.76 million or 2.41% of the total outstanding shares. The later fund manager was in possession of 900.0 shares on Oct 31, 2024 , making its stake of worth around $1.63 million in the company or a holder of 0.45% of company’s stock.
