Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
As of close of business last night, New Found Gold Corp’s stock clocked out at $0.97, down -2.91% from its previous closing price of $1.00. In other words, the price has decreased by -$2.91 from its previous closing price. On the day, 0.8 million shares were traded. NFGC stock price reached its highest trading level at $1.03 during the session, while it also had its lowest trading level at $0.9257.
Ratios:
To gain a deeper understanding of NFGC’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.03 and its Current Ratio is at 4.03. 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 197174816 and an Enterprise Value of 177306976.
Stock Price History:
The Beta on a monthly basis for NFGC is 0.97, which has changed by -0.75128204 over the last 52 weeks, in comparison to a change of -0.028342128 over the same period for the S&P500. Over the past 52 weeks, NFGC has reached a high of $4.15, while it has fallen to a 52-week low of $0.96. The 50-Day Moving Average of the stock is -40.63%, while the 200-Day Moving Average is calculated to be -55.47%.
Shares Statistics:
It appears that NFGC traded 856.01K shares on average per day over the past three months and 2290370 shares per day over the past ten days. A total of 200.46M shares are outstanding, with a floating share count of 118.92M. Insiders hold about 40.72% of the company’s shares, while institutions hold 5.01% stake in the company. Shares short for NFGC as of 1741910400 were 3735067 with a Short Ratio of 4.36, compared to 1739491200 on 4748197.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
