In the last trading session, 1.47 million New Found Gold Corp (AMEX:NFGC) shares changed hands as the company’s beta touched 1.04. With the company’s per share price at $1.74 changed hands at $0.09 or 5.45% during last session, the market valuation stood at $399.75M. NFGC’s last price was a discount, traded about -83.33% off its 52-week high of $3.19. The share price had its 52-week low at $0.93, which suggests the last value was 46.55% up since then. When we look at New Found Gold Corp’s average trading volume, we note the 10-day average is 0.75 million shares, with the 3-month average coming to 1.14 million.
Analysts gave the New Found Gold Corp (NFGC) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended NFGC as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. New Found Gold Corp’s EPS for the current quarter is expected to be 0.
New Found Gold Corp (AMEX:NFGC) trade information
Instantly NFGC was in green as seen at the end of in last trading. With action 11.54%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -42.00%, with the 5-day performance at 11.54% in the green. However, in the 30-day time frame, New Found Gold Corp (AMEX:NFGC) is 16.00% up. Looking at the short shares, we see there were 4.85 million shares sold at short interest cover period of 4.33 days.
According to analysts, the company will likely register a growth in its current quarter sales, forecast at 0.00%. The estimates for the next quarter sales put growth at 0.00%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -22.73%. The 2025 estimates are for New Found Gold Corp earnings to increase by 49.77%.
NFGC Dividends
New Found Gold Corp is expected to release its next quarterly earnings report on 2025-May-12.
New Found Gold Corp (AMEX:NFGC)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 38.19% of New Found Gold Corp shares while 5.41% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 8.75%. There are 5.41% institutions holding the New Found Gold Corp stock share, with VAN ECK ASSOCIATES CORP the top institutional holder. As of 2024-06-30, the company held 2.7893% of the shares, roughly 5.34 million NFGC shares worth $15.06 million.
MORGAN STANLEY holds the second largest percentage of outstanding shares, with 0.2079% or 0.4 million shares worth $1.13 million as of 2024-06-30.
With 4.36 shares estimated at $7.59 million under it, the former controlled 1.90% of total outstanding shares.
