New Found Gold (CVE:NFG) Director Acquires C$55,800.00 in Stock

Key Points

  • Director Chad Williams bought 20,000 shares at C$2.79 each (C$55,800 total), increasing his holding to 50,675 shares — a 65.20% rise in his position.
  • New Found Gold stock opened at C$2.97, trades in a 12‑month range of C$1.34–C$3.95, has a market cap of ~C$1.01 billion and a negative P/E of -13.50.
  • The company is a gold exploration firm that holds 100% of the Queensway project, covering 166,475 hectares of mineral licenses and claims near Gander, Newfoundland.

New Found Gold Corp. (CVE:NFG - Get Free Report) Director Chad Williams acquired 20,000 shares of the firm's stock in a transaction on Friday, October 24th. The stock was purchased at an average price of C$2.79 per share, for a total transaction of C$55,800.00. Following the completion of the transaction, the director directly owned 50,675 shares in the company, valued at approximately C$141,383.25. The trade was a 65.20% increase in their position.

New Found Gold Stock Up 0.3%

NFG stock opened at C$2.97 on Friday. New Found Gold Corp. has a twelve month low of C$1.34 and a twelve month high of C$3.95. The company has a market cap of C$1.01 billion, a P/E ratio of -13.50 and a beta of 1.47. The business has a fifty day moving average of C$3.07 and a 200-day moving average of C$2.46.

New Found Gold Company Profile

(Get Free Report)

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.

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