New Gold Inc. (TSE:NGD – Get Free Report) (ARCA:NGD) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$3.97 and traded as high as C$4.35. New Gold shares last traded at C$4.28, with a volume of 2,257,075 shares.
New Gold Stock Performance
The company has a debt-to-equity ratio of 45.12, a current ratio of 1.42 and a quick ratio of 1.64. The firm has a fifty day moving average price of C$3.97 and a two-hundred day moving average price of C$3.81. The stock has a market capitalization of C$2.35 billion, a PE ratio of 117.13, a P/E/G ratio of -3.02 and a beta of 1.59.
Insider Transactions at New Gold
In other news, Senior Officer Yohann Bouchard sold 100,000 shares of the stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of C$4.25, for a total value of C$425,000.00. Company insiders own 4.92% of the company’s stock.
About New Gold
New Gold Inc is an intermediate gold mining company. The company has a portfolio of two producing assets: Rainy River Mine and New Afton Mine in Canada. Also, it has interests in the Cerro San Pedro Mine in Mexico. The company derives revenue from the sale of Gold, Copper, and Silver.
Further Reading
- Five stocks we like better than New Gold
- What is Short Interest? How to Use It
- Ray Dalio’s Bridgewater Loaded Up on These Stocks in Q4 2024
- Ride Out The Recession With These Dividend Kings
- Walmart Faces Tariff Headwinds, Consumer Trends Remain Positive
- How Investors Can Find the Best Cheap Dividend Stocks
- Tesla: 2 Reasons to Buy, 1 Reason to Run
Receive News & Ratings for New Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New Gold and related companies with MarketBeat.com's FREE daily email newsletter.
