New Found Gold ( (TSE:NFG) ) has shared an update.
On March 3, 2025, New Found Gold Corp. announced the appointment of Chad Williams to its board of directors, replacing founder Collin Kettell. Williams, with extensive experience in mining finance and management, is expected to enhance the board’s expertise. This change is part of New Found Gold’s strategic efforts to strengthen its leadership as it continues to explore and develop its Queensway Gold Project, where recent drilling has shown promising results. The company is also preparing an initial mineral resource estimate and preliminary economic assessment, indicating a focus on expanding its operations and increasing shareholder value.
More about New Found Gold
New Found Gold Corp. is a mining company that holds a 100% interest in the Queensway Gold Project in Newfoundland and Labrador, a Tier 1 jurisdiction known for its excellent infrastructure and skilled workforce. The company has completed over 600,000 metres of drilling since 2020, identifying multiple high-grade gold discoveries over a 22-kilometre strike extent, and is focused on growth and value creation at Queensway.
YTD Price Performance: -3.63%
Average Trading Volume: 472,783
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $367.9M
Learn more about NFG stock on TipRanks’ Stock Analysis page.