Insider Buying: New Found Gold Corp. (CVE:NFG) Director Acquires C$37,875.00 in Stock

New Found Gold Corp. (CVE:NFG) Director Keith Boyle bought 25,000 shares of New Found Gold stock in a transaction that occurred on Thursday, March 27th. The stock was bought at an average price of C$1.52 per share, with a total value of C$37,875.00.

New Found Gold Trading Up 2.7 %

Shares of NFG stock opened at C$1.69 on Friday. New Found Gold Corp. has a 12 month low of C$1.38 and a 12 month high of C$5.71. The company has a market capitalization of C$342.84 million, a P/E ratio of -5.95 and a beta of 0.56. The stock has a 50 day moving average of C$2.45 and a two-hundred day moving average of C$2.76.

About New Found Gold

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.