New Found Gold (NYSE:NFGC – Get Free Report)‘s stock had its “buy” rating restated by Roth Mkm in a research report issued on Tuesday, Benzinga reports. They presently have a $9.00 price objective on the stock. Roth Mkm’s price objective indicates a potential upside of 145.90% from the company’s previous close.
New Found Gold Price Performance
NYSE NFGC opened at $3.66 on Tuesday. The business’s fifty day moving average price is $3.53 and its 200-day moving average price is $3.57. The stock has a market capitalization of $695.18 million, a price-to-earnings ratio of -11.09 and a beta of 1.22. New Found Gold has a 1-year low of $3.02 and a 1-year high of $5.27.
New Found Gold (NYSE:NFGC – Get Free Report) last announced its earnings results on Thursday, March 21st. The company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.01). Equities research analysts anticipate that New Found Gold will post -0.31 EPS for the current year.
Institutional Inflows and Outflows
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 94 mineral licenses and 6,649 claims covering an area of 166,225 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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