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The latest update is out from New Found Gold ( (TSE:NFG) ).
New Found Gold Corp. has announced the appointment of Keith Boyle as its new Chief Executive Officer. Boyle, who has a wealth of experience in leading successful mining operations, is set to guide the company’s Queensway Project through its next phase of growth. This leadership change follows the resignation of Collin Kettell, who will remain as a director and significant shareholder of the company. The appointment is seen as a strategic move to capitalize on the untapped potential of the Queensway Project in the emerging gold district of Newfoundland, promising value creation for stakeholders.
More about New Found Gold
New Found Gold Corp. is a mining company that holds a 100% interest in the Queensway Project, located near Gander, Newfoundland and Labrador. The company is focused on gold exploration and is currently conducting an extensive 650,000-meter drill program at the Queensway site, with substantial financial backing of approximately $23 million in cash and marketable securities.
YTD Price Performance: -11.40%
Average Trading Volume: 514,402
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $342.6M
Find detailed analytics on NFG stock on TipRanks’ Stock Analysis page.
