New Found Gold (OTCMKTS:NFGFF) Stock Price Down 3.5% – Here’s Why

New Found Gold Corp. (OTCMKTS:NFGFFGet Free Report) shares fell 3.5% during trading on Friday . The stock traded as low as $2.45 and last traded at $2.51. 1,540,022 shares traded hands during trading, an increase of 1,012% from the average session volume of 138,499 shares. The stock had previously closed at $2.60.

New Found Gold Stock Down 3.5%

The stock has a fifty day simple moving average of $2.90 and a two-hundred day simple moving average of $2.52.

New Found Gold Company Profile

(Get Free Report)

New Found Gold Corp. is a junior mineral exploration company focused on the discovery and development of gold deposits. Headquartered in Vancouver, British Columbia, the company trades on the OTC Markets under the symbol NFGFF and maintains a primary listing on the TSX Venture Exchange. Its corporate mandate is to advance high‐grade gold targets through systematic exploration, resource definition and preliminary economic assessment.

The company’s flagship asset is the Queensway project, located in Newfoundland and Labrador’s emerging Gander Gold District.

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