New Found Gold (NFGC) Receives a Buy from Roth MKM
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Niehuser covers the Basic Materials sector, focusing on stocks such as Perpetua Resources, Idaho Strategic Resources, and Solitario Exploration & Royalty. According to TipRanks, Niehuser has an average return of 13.8% and a 54.43% success rate on recommended stocks.
New Found Gold has an analyst consensus of Hold.
Based on New Found Gold's latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of $8.94 million. In comparison, last year the company had a GAAP net loss of $13.18 million
Based on the recent corporate insider activity of 13 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of NFGC in relation to earlier this year.
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