New Found Gold FY2024 EPS Estimate Increased by Roth Capital

New Found Gold Corp. (CVE:NFGFree Report) – Stock analysts at Roth Capital increased their FY2024 earnings per share (EPS) estimates for shares of New Found Gold in a note issued to investors on Tuesday, December 24th. Roth Capital analyst M. Niehuser now anticipates that the company will post earnings of ($0.28) per share for the year, up from their prior forecast of ($0.31).

New Found Gold Trading Up 6.3 %

New Found Gold stock opened at C$2.53 on Friday. New Found Gold has a 12-month low of C$2.11 and a 12-month high of C$5.71. The firm has a market capitalization of C$499.98 million, a price-to-earnings ratio of -6.66 and a beta of 0.56. The firm has a 50 day moving average of C$2.68 and a 200 day moving average of C$3.39.

New Found Gold Company Profile

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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.

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Earnings History and Estimates for New Found Gold (CVE:NFG)

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