New Found Gold Corp (AMEX:NFGC) – Investors View The Stock Differently Today

In the last trading session, 1.17 million shares of the New Found Gold Corp (AMEX:NFGC) were traded, and its beta was 0.92. Most recently the company’s share price was $1.19, and it changed around $0.01 or 0.85% from the last close, which brings the market valuation of the company to $238.73M. NFGC currently trades at a discount to its 52-week high of $4.07, offering almost -242.02% off that amount. The share price’s 52-week low was $0.93, which indicates that the current value has risen by an impressive 21.85% since then.

New Found Gold Corp stock received a consensus recommendation rating of Overweight, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended NFGC as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight.

New Found Gold Corp (AMEX:NFGC) trade information

Instantly NFGC has showed a green trend with a performance of 0.85% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.2200 on recent trading dayincreased the stock’s daily price by 2.46%. The company’s shares are currently down -34.62% year-to-date, but still up 8.18% over the last five days. On the other hand, New Found Gold Corp (AMEX:NFGC) is 19.11% up in the 30-day period.

Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -22.73%. New Found Gold Corp earnings are expected to increase by 33.45% in 2025, but the outlook is positive 52.02% per year for the next five years.

NFGC Dividends

New Found Gold Corp’s next quarterly earnings report is expected to be released in June.

MORGAN STANLEY, with 0.2079% or 0.4 million shares worth $1.13 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

The former held 4.63 shares worth $5.51 million, making up 2.30% of all outstanding shares.