Stocks in play: New Found Gold Corp.

Provided an update on its weighting in the VanEck Junior Gold Miners ETF. The Company’s 100%-owned Queensway project comprises a 1,662km2 area, accessible via the Trans-Canada Highway, 15km west of Gander, Newfoundland and Labrador. Highlights: Index weighting of New Found in the GDXJ is anticipated to increase from 0.32% to 0.42% following a rebalancing on March 17.. In order to reflect the ~10bps weighting increase in New Found, the GDXJ, which has an AUM of ~US$3.8bln, is expected to purchase additional shares of New Found. New Found Gold Corp. shares V.NFG are trading up $0.13 at $5.78.

Read:

• Clean Label Products Present Net Gains for Food Stocks in Increasingly Health Conscious Market

• Mining Sector's Spin-Out Opportunities: Exploring the Prospects Beyond Big Names

• With Alzheimer’s Cases Set to Explode in the Near-Term, New Treatments and Diagnostics are Needed

• Brazil’s Lithium Production Destiny Ramping Up to Be a Major Story in 2023

• Breast Cancer Treatment Options Evolved Over the Last 12 Months, Bringing More Hope for 2023