New Found Gold (CVE:NFG) Director Chad Williams Purchases 50,000 Shares

New Found Gold Corp. (CVE:NFG) Director Chad Williams acquired 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The shares were bought at an average price of C$2.69 per share, with a total value of C$134,500.00. Following the completion of the transaction, the director directly owned 250,675 shares in the company, valued at approximately C$674,315.75. The trade was a 24.92% increase in their ownership of the stock.

Chad Williams also recently made the following trade(s):

• On Monday, March 30th, Chad Williams purchased 11,000 shares of New Found Gold stock. The stock was acquired at an average price of C$2.43 per share, with a total value of C$26,730.00.
• On Monday, March 30th, Chad Williams purchased 3,800 shares of New Found Gold stock. The stock was acquired at an average price of C$2.44 per share, with a total value of C$9,272.00.
• On Monday, March 30th, Chad Williams acquired 35,200 shares of New Found Gold stock. The shares were bought at an average cost of C$2.45 per share, with a total value of C$86,240.00.

New Found Gold Stock Down 2.6%

Shares of CVE NFG traded down C$0.07 during trading on Wednesday, hitting C$2.64. 609,826 shares of the company traded hands, compared to its average volume of 770,906. New Found Gold Corp. has a 1 year low of C$1.79 and a 1 year high of C$4.89. The company has a 50-day moving average price of C$2.76 and a 200-day moving average price of C$3.43. The firm has a market capitalization of C$1.01 billion, a P/E ratio of -11.00 and a beta of 2.05.

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.