Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, New Found Gold Corp (AMEX: NFGC) closed at $1.38 down -4.83% from its previous closing price of $1.45. In other words, the price has decreased by -$4.83 from its previous closing price. On the day, 0.64 million shares were traded. NFGC stock price reached its highest trading level at $1.45 during the session, while it also had its lowest trading level at $1.35.
Ratios:
For a deeper understanding of New Found Gold Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.49 and its Current Ratio is at 4.49. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, ROTH MKM on August 15, 2023, initiated with a Buy rating and assigned the stock a target price of $9.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NFGC now has a Market Capitalization of 319378912 and an Enterprise Value of 271920544.
Stock Price History:
The Beta on a monthly basis for NFGC is 1.03, which has changed by -0.54605263 over the last 52 weeks, in comparison to a change of 0.10500872 over the same period for the S&P500. Over the past 52 weeks, NFGC has reached a high of $3.65, while it has fallen to a 52-week low of $0.93. The 50-Day Moving Average of the stock is 1.31%, while the 200-Day Moving Average is calculated to be -19.98%.
Shares Statistics:
For the past three months, NFGC has traded an average of 1.18M shares per day and 509010 over the past ten days. A total of 200.61M shares are outstanding, with a floating share count of 112.20M. Insiders hold about 44.11% of the company’s shares, while institutions hold 6.10% stake in the company. Shares short for NFGC as of 1749772800 were 5513061 with a Short Ratio of 4.66, compared to 1747267200 on 5232501.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
