New Found Gold (OTCMKTS:NFGFF) Trading Down 0.6% – Here’s What Happened

New Found Gold Corp. (OTCMKTS:NFGFFGet Free Report) traded down 0.6% during mid-day trading on Thursday . The company traded as low as $1.6450 and last traded at $1.65. Approximately 1,261,293 shares traded hands during trading, an increase of 811% from the average daily volume of 138,499 shares. The stock had previously closed at $1.66.

New Found Gold Price Performance

The stock has a 50 day moving average of $1.53 and a 200 day moving average of $2.04.

New Found Gold Company Profile

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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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