New Found Gold (CVE:NFG) Director Buys C$24,200.00 in Stock

Key Points

  • Director Tamara Lee Brown purchased 10,000 shares at C$2.42 on March 30 for a total of C$24,200, raising her direct ownership to 16,700 shares — a 149.25% increase.
  • New Found Gold opened at C$2.37; its 50‑day and 200‑day moving averages are C$3.58 and C$3.51, the one‑year range is C$1.34–C$4.89, market cap is C$818.15M and P/E is -11.85.
  • The company is a gold exploration firm that holds 100% of the Queensway project (96 licenses, 6,659 claims, 166,475 hectares) in Newfoundland and Labrador and Ontario.

New Found Gold Corp. (CVE:NFG - Get Free Report) Director Tamara Lee Brown acquired 10,000 shares of the stock in a transaction dated Monday, March 30th. The shares were bought at an average price of C$2.42 per share, with a total value of C$24,200.00. Following the completion of the transaction, the director directly owned 16,700 shares of the company's stock, valued at C$40,414. The trade was a 149.25% increase in their ownership of the stock.

New Found Gold Price Performance

New Found Gold stock opened at C$2.37 on Tuesday. The stock's 50 day moving average is C$3.58 and its 200 day moving average is C$3.51. New Found Gold Corp. has a one year low of C$1.34 and a one year high of C$4.89. The firm has a market cap of C$818.15 million, a P/E ratio of -11.85 and a beta of 1.39.

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. The company was formerly known as Palisade Resources Corp. and changed its name to New Found Gold Corp.

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