New Found Gold (CVE:NFG) Director Paul André Huet Acquires 9,000 Shares of Stock

New Found Gold Corp. (CVE:NFG) Director Paul André Huet acquired 9,000 shares of the stock in a transaction that occurred on Thursday, April 2nd. The shares were acquired at an average cost of C$2.68 per share, with a total value of C$24,120.00. Following the transaction, the director owned 17,000 shares in the company, valued at approximately C$45,560. The trade was a 112.50% increase in their ownership of the stock.

New Found Gold Stock Down 0.7%

Shares of CVE:NFG opened at C$2.66 on Tuesday. New Found Gold Corp. has a fifty-two week low of C$1.34 and a fifty-two week high of C$4.89. The firm has a 50-day simple moving average of C$3.39 and a 200 day simple moving average of C$3.50. The company has a market cap of C$918.27 million, a PE ratio of -13.30 and a beta of 2.02.

About New Found Gold

New Found Gold Corp., a mineral exploration company, engages in the identification, evaluation, acquisition, and exploration of mineral properties in the Provinces of Newfoundland and Labrador, and Ontario. It primarily explores for gold deposit. The company holds 100% interests in the Queensway project that includes 96 mineral licenses and 6,659 claims covering an area of 166,475 hectares of land located near Gander, Newfoundland. The company was formerly known as Palisade Resources Corp. and changed its name to New Found Gold Corp.