SeaCrest Wealth Management LLC purchased a new position in shares of New Found Gold Corp. (NYSE:NFGC – Get Rating) in the second quarter, according to its most recent filing with the SEC. The firm purchased 6,800 shares of the company’s stock, valued at approximately $31,000.
Other large investors have also recently bought and sold shares of the company. Glassman Wealth Services acquired a new stake in New Found Gold during the 2nd quarter worth about $38,000. Bank of America Corp DE acquired a new stake in New Found Gold during the 1st quarter worth about $56,000. Cannell & Co. acquired a new stake in New Found Gold during the 2nd quarter worth about $45,000. Scotia Capital Inc. grew its holdings in New Found Gold by 19.9% during the 2nd quarter. Scotia Capital Inc. now owns 19,000 shares of the company’s stock worth $85,000 after acquiring an additional 3,151 shares during the period. Finally, Van ECK Associates Corp grew its holdings in New Found Gold by 10.9% during the 2nd quarter. Van ECK Associates Corp now owns 3,391,091 shares of the company’s stock worth $15,200,000 after acquiring an additional 332,190 shares during the period. 22.17% of the stock is currently owned by institutional investors and hedge funds.
New Found Gold Stock Up 5.1 %
NFGC stock opened at 3.74 on Wednesday. The company has a market cap of $632.14 million, a PE ratio of -9.84 and a beta of 1.08. The stock’s 50-day moving average is 3.61. New Found Gold Corp. has a 1 year low of 2.92 and a 1 year high of 7.65.
New Found Gold Company Profile
New Found Gold Corp., a mineral exploration company, engages in the identification, acquisition, and exploration of mineral properties in the Provinces of Newfoundland and Labrador, and Ontario. The company primarily explores for gold deposit. It holds 100% interests in the Queensway project that includes 86 mineral licenses and 6,041 claims covering an area of 151,030 hectares of land located near Gander, Newfoundland; and the Lucky Strike project comprising 11,684 hectares located in Kirkland Lake, Ontario.
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