New Found Gold Corp. (CVE:NFG – Get Free Report) Director Chad Williams bought 50,000 shares of the business’s stock in a transaction on Wednesday, May 27th. The stock was bought at an average cost of C$2.69 per share, for a total transaction of C$134,500.00. Following the purchase, the director directly owned 250,675 shares of the company’s stock, valued at approximately C$674,315.75. This trade represents a 24.92% increase in their position.
Chad Williams also recently made the following trade(s):
- On Monday, March 30th, Chad Williams bought 11,000 shares of New Found Gold stock. The stock was bought at an average cost of C$2.43 per share, for a total transaction of C$26,730.00.
- On Monday, March 30th, Chad Williams bought 3,800 shares of New Found Gold stock. The stock was bought at an average cost of C$2.44 per share, for a total transaction of C$9,272.00.
- On Monday, March 30th, Chad Williams bought 35,200 shares of New Found Gold stock. The stock was bought at an average cost of C$2.45 per share, for a total transaction of C$86,240.00.
New Found Gold Trading Down 2.6%
CVE:NFG opened at C$2.64 on Thursday. New Found Gold Corp. has a 1-year low of C$1.79 and a 1-year high of C$4.89. The business’s 50-day moving average price is C$2.76 and its two-hundred day moving average price is C$3.43. The firm has a market capitalization of C$1.01 billion, a price-to-earnings ratio of -11.00 and a beta of 2.05.
New Found Gold Company Profile
New Found Gold Corp., a mineral exploration company, engages in the identification, evaluation, acquisition, and exploration of mineral properties in the Provinces of Newfoundland and Labrador, and Ontario. It primarily explores for gold deposit. The company holds 100% interests in the Queensway project that includes 96 mineral licenses and 6,659 claims covering an area of 166,475 hectares of land located near Gander, Newfoundland. The company was formerly known as Palisade Resources Corp. and changed its name to New Found Gold Corp.
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