New Found Gold (OTCMKTS:NFGFF) Trading Down 1.7% – Time to Sell?

by · The Cerbat Gem

New Found Gold Corp. (OTCMKTS:NFGFF – Get Free Report) was down 1.7% on Thursday . The stock traded as low as $2.33 and last traded at $2.36. Approximately 192,216 shares were traded during trading, an increase of 39% from the average daily volume of 138,499 shares. The stock had previously closed at $2.40.

New Found Gold Stock Performance

The company’s fifty day moving average price is $2.63 and its two-hundred day moving average price is $3.11.

New Found Gold Company Profile

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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, Canada. The company primarily explores for gold deposit. It holds an interest in the Queensway project comprising 86 mineral licenses and 6,041 claims that covers an area of 151,030 hectares of land located near Gander, Newfoundland.

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