New Found Gold shares surge 14.80% after-hours driven by KDJ golden cross and algorithmic momentum buying.

think> Okay, let's tackle this query step by step. The user wants me to act as a financial analyst explaining a stock's price movement based on recent news. The stock in question is New Found Gold, which had a 14.8% after-hours gain. There are two news events provided. First, I need to determine the direction and session of the stock movement. The input says it's after-hours and up 14.8%. Then, evaluate each news event. Looking at Reason 1: The article mentions a 15.88% intraday surge without fundamental news, driven by a KDJ golden cross. The trading volume was 2.53M shares. The conclusion here is that the move was technical and algorithmic, not due to fundamentals or sector-wide factors. Since the stock movement is after-hours, but the news event refers to an intraday move, there might be a timing mismatch. However, the after-hours movement could be part of the same technical-driven rally. Reason 2: This is about a 5.73% pre-market surge on December 22, 2025, due to completed Hammerdown open-pit construction and $30M financing for 2025 H2 production. But the current stock movement is after-hours, not pre-market. The dates here are in the future (2025), which might be a typo. If the current date is after 2025, this could be relevant, but if not, it's outdated. Since the example in the instructions uses a past date, maybe the user intended it to be current. However, the stock movement is after-hours, and this news is pre-market, so unless the after-hours is part of the same day, it might not directly relate. Also, the stock in the example is NFGC.A (US listing), while Reason 2 refers to TSXV:NFG (Canadian listing). Are they the same stock? The ticker symbols might be different markets but same company. The user input says "New Found Gold" for both, so perhaps they are the same company with different tickers. If that's the case, the two news events could be related to the same stock but different sessions. Now, the after-hours movement is 14.8%, and the two news events are about intraday and pre-market movements. The first news (Reason 1) is about an intraday surge without fundamentals, driven by technical indicators. The second (Reason 2) is about a pre-market surge due to project completion and financing. The user's stock movement is after-hours, which isn't covered by either news events. But the after-hours could be a continuation or reaction to the intraday technical move. However, the first news event is about an intraday move, but the stock movement is after-hours. Maybe the after-hours movement is part of the same technical-driven rally. The second news event is about pre-market, so if the after-hours is happening after the close, which is separate from pre-market. Unless the after-hours is part of the same day as the pre-market news. But the dates in the news are December 22, 2025, and the stock movement is in after-hours, but the user hasn't provided a date. Assuming the current date is around that time, the after-hours movement might be part of the same day's trading, but the pre-market news is from the same day. However, the after-hours movement is a different session. The first news event is more relevant because it's about a technical-driven move without fundamentals, which could explain the after-hours rally. The second news event is about a pre-market move due to project updates. Since the after-hours movement is separate, but the user's input only has the after-hours movement, I need to see which news is relevant. The user's stock movement is after-hours, and the first news event is about an intraday move. The after-hours could be part of the same technical rally. The second news event is about pre-market, so unless the after-hours is a reaction to that pre-market news, but that's unlikely. So, the key is to determine which news event is the cause. The first one explains a technical-driven move without fundamentals, which aligns with the after-hours movement if it's part of the same trend. The second news event is about a project update, which is fundamental but is pre-market. Since the after-hours movement is separate, maybe the first news is the cause. The user's instruction says to evaluate if each news event is relevant. The first news is about the stock's intraday movement due to technical factors, which could lead to after-hours continuation. The second is about a pre-market move due to fundamentals. The after-hours movement is after the close, so if the first news event's technical factors are still influencing traders in after-hours, that's the relevant one.