24/7 Market News Snapshot 26 September, 2025 – New Found Gold Corp (NYSE:NFGC)

September 26, 2025

DENVER, Colo., 26 September, 2025 (www.247marketnews.com) – (NYSE:NFGC) are discussed in this article.
New Found Gold Corp. (NFGC) has opened today at $2.17, demonstrating a notable bullish trend with a substantial 16.12% rise, currently trading at $2.485. This marked increase is bolstered by a significant trading volume of 4.02 million shares, indicative of heightened investor interest and positive sentiment regarding the company’s growth potential. The stock’s upward trajectory suggests robust support levels, which may attract further investments. Traders are advised to closely observe resistance levels above $2.50, as sustained trading volume could fortify the optimistic outlook for NFGC amidst favorable market conditions.

In a strategic move to further strengthen its leadership team and align executive interests with those of shareholders, New Found Gold has announced the issuance of incentive stock options and restricted share units (RSUs). A total of 809,167 stock options has been granted at an exercise price of $2.97, with a five-year exercise period concluding on September 25, 2030, and subject to standard vesting provisions. Additionally, 2,053,000 RSUs have been awarded to select directors and officers, with vesting occurring in stages over three years.

This dual approach aims to enhance employee engagement while reinforcing commitment to long-term value creation. The scientific and technical information has been diligently reviewed by Melissa Render, P. Geo., the Company’s President, ensuring its alignment with National Instrument 43-101 standards.

As New Found Gold advances its Queensway project, recent drilling has revealed significant new discoveries, underscoring the project’s potential. Furthermore, the company is actively expanding its portfolio through strategic agreements, such as acquiring additional mineral claims, solidifying its commitment to growth and exploration success. With a robust management team and a solid financial foundation, New Found Gold is poised for continued advancement in the exploration sector.

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