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In the latest session, New Found Gold Corp (AMEX: NFGC) closed at $1.64 up 1.23% from its previous closing price of $1.62. In other words, the price has increased by $1.23 from its previous closing price. On the day, 0.53 million shares were traded. NFGC stock price reached its highest trading level at $1.667 during the session, while it also had its lowest trading level at $1.6.
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 4.36 and its Current Ratio is at 4.36. 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 326209120 and an Enterprise Value of 336385920.
Stock Price History:
Over the past 52 weeks, NFGC has reached a high of $4.15, while it has fallen to a 52-week low of $1.51. The 50-Day Moving Average of the stock is -30.40%, while the 200-Day Moving Average is calculated to be -45.44%.
Shares Statistics:
For the past three months, NFGC has traded an average of 560.88K shares per day and 778790 over the past ten days. A total of 186.87M shares are outstanding, with a floating share count of 112.89M. Insiders hold about 43.24% of the company’s shares, while institutions hold 5.09% stake in the company. Shares short for NFGC as of 1730332800 were 4946094 with a Short Ratio of 8.00, compared to 1727654400 on 4120755.
