New Found Gold Corp (AMEX:NFGC) has a beta value of 1.09 and has seen 0.9 million shares traded in the recent trading session. The company, currently valued at $343.30M, closed the recent trade at $1.71 per share which meant it gained $0.11 on the day or 6.88% during that session. The NFGC stock price is -113.45% off its 52-week high price of $3.65 and 45.61% above the 52-week low of $0.93. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.95 million shares traded. The 3-month trading volume is 1.35 million 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
Over the past 30 days, the shares of New Found Gold Corp (AMEX:NFGC) have changed 50.00%. Short interest in the company has seen 5.23 million shares shorted with days to cover at 7.27.
New Found Gold Corp (NFGC) estimates and forecasts
The company’s shares have gained 3.01% 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.
NFGC Dividends
New Found Gold Corp is expected to release its next earnings report on 2025-May-11 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 43.19% of the company shares, while shares held by institutions stand at 6.15% with a share float percentage of 10.82%. Investors are also buoyed by the number of investors in a company, with New Found Gold Corp having a total of 53.0 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.
