New Found Gold Corp (AMEX:NFGC) has a beta value of 0.92 and has seen 0.49 million shares traded in the recent trading session. The company, currently valued at $232.71M, closed the recent trade at $1.16 per share which meant it lost -$0.03 on the day or -2.52% during that session. The NFGC stock price is -257.76% off its 52-week high price of $4.15 and 17.24% above the 52-week low of $0.96. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.19 million shares traded. The 3-month trading volume is 815.57K shares.
The consensus among analysts is that New Found Gold Corp (NFGC) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.
New Found Gold Corp (AMEX:NFGC) trade information
Sporting -2.52% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the NFGC stock price touched $1.16 or saw a rise of 13.75%. Year-to-date, New Found Gold Corp shares have moved -36.26%, while the 5-day performance has seen it change -27.04%. Over the past 30 days, the shares of New Found Gold Corp (AMEX:NFGC) have changed -37.63%. Short interest in the company has seen 3.74 million shares shorted with days to cover at 7.2.
New Found Gold Corp (NFGC) estimates and forecasts
The company’s shares have lost -58.12% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 0.00%.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -22.73% over the past 5 years. Earnings growth for 2025 is a modest 32.71% while over the next 5 years, the company’s earnings are expected to increase by 52.02%.
NFGC Dividends
New Found Gold Corp is expected to release its next earnings report on 2025-Mar-20 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
New Found Gold Corp (AMEX:NFGC)’s Major holders
Insiders own 42.95% of the company shares, while shares held by institutions stand at 5.34% with a share float percentage of 9.36%. Investors are also buoyed by the number of investors in a company, with New Found Gold Corp having a total of 57.0 institutions that hold shares in the company. The top two institutional holders are VAN ECK ASSOCIATES CORP with over 5.34 million shares worth more than $15.06 million. As of 2024-06-30, VAN ECK ASSOCIATES CORP held 2.7893% of shares outstanding.
The other major institutional holder is MORGAN STANLEY, with the holding of over 0.4 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.13 million and represent 0.2079% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VanEck ETF Trust-VanEck Junior Gold Miners ETF and AIM Sector Fd.s -Invesco Gold & Special Minerals Fd. . As of Feb 28, 2025 , the former fund manager holds about 2.16% shares in the company for having 4.33 shares of worth $4.98 million while later fund manager owns 900.0 shares of worth $1.03 million as of Oct 31, 2024 , which makes it owner of about 0.45% of company’s outstanding stock.
