New Found Gold (CVE:NFG) Stock Price Up 1.4% - Time to Buy?

New Found Gold Corp. (CVE:NFG - Get Free Report) was up 1.4% on Thursday . The stock traded as high as C$1.50 and last traded at C$1.48. Approximately 367,832 shares were traded during mid-day trading, a decline of 40% from the average daily volume of 611,881 shares. The stock had previously closed at C$1.46.Get New Found Gold alerts:New Found Gold Stock PerformanceThe firm has a market cap of C$303.16 million, a P/E ratio of -5.26 and a beta of 0.56. The firm has a 50 day simple moving average of C$2.39 and a 200 day simple moving average of C$2.71. Insider Buying and SellingIn other New Found Gold news, Director Keith Boyle purchased 25,000 shares of the firm's stock in a transaction on Thursday, March 27th. The shares were purchased at an average cost of C$1.52 per share, with a total value of C$37,875.00. 44.06% of the stock is owned by company insiders. About New Found Gold (Get Free Report)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.Recommended StoriesFive stocks we like better than New Found GoldWhy Understanding Call Option Volume is Essential to Successful Options TradingShares of RH Down Nearly 40%: Where Investors Can Turn To NowFind and Profitably Trade Stocks at 52-Week LowsTariffs, Spin-Out, and R2 Updates Are Positive Signs for RivianHow to Capture the Benefits of Dividend IncreasesCathie Wood Loads Up on Baidu—Is It the Right Time to Buy?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in New Found Gold Right Now?Before you consider New Found Gold, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and New Found Gold wasn't on the list.While New Found Gold currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here