23 hours Ago By Defense World Staff
Renaissance Technologies LLC lifted its holdings in shares of New Found Gold Corp. ( NYSE:NFGC – Free Report ) by 29.1% during the 4th quarter, according to its most recent disclosure with the SEC.
The fund owned 667,053 shares of the company’s stock after purchasing an additional 150,253 shares during the period. Renaissance Technologies LLC owned 0.33% of New Found Gold worth $1,214,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Sprott Inc. bought a new stake in New Found Gold during the 4th quarter worth about $178,000.
Raymond James Financial Inc. acquired a new position in shares of New Found Gold during the fourth quarter worth approximately $34,000. National Bank of Canada FI grew its stake in shares of New Found Gold by 58.
8% during the fourth quarter. National Bank of Canada FI now owns 41,182 shares of the company’s stock valued at $74,000 after purchasing an additional 15,256 shares during the last quarter. Aristides Capital LLC acquired a new stake in shares of New Found Gold in the fourth quarter valued at approximately $75,000.
Finally, Bank of Montreal Can raised its position in New Found Gold by 7.6% in the 4th quarter. Bank of Montreal Can now owns 85,430 shares of the company’s stock worth $154,000 after purchasing an additional 5,998 shares during the last quarter.
3.43% of the stock is currently owned by institutional investors and hedge funds. New Found Gold Price Performance Shares of NYSE NFGC opened at $1.
10 on Wednesday. New Found Gold Corp. has a fifty-two week low of $0.
93 and a fifty-two week high of $4.07. The firm has a market capitalization of $220.
78 million, a P/E ratio of -5.00 and a beta of 1.11.
The company’s 50 day simple moving average is $1.41 and its 200 day simple moving average is $1.72.
Analyst Upgrades and Downgrades Check Out Our Latest Analysis on New Found Gold About New Found Gold ( 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; and the Kingsway project located in Gander, Newfoundland. Featured Articles Five stocks we like better than New Found Gold What is a Microcap Stock? Everything You Need to Know Don’t Be Fooled by the Bounce: The Market Storm Isn’t Over Yet Low PE Growth Stocks: Unlocking Investment Opportunities Coca-Cola Company Stock Can Bubble to New Highs This Year Conference Calls and Individual Investors 3 Stocks Lifting 2025 Guidance Despite Market Jitters Receive News & Ratings for New Found Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New Found Gold and related companies with MarketBeat.com's FREE daily email newsletter .
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