NEW GOLD (NGD) Shares are Down -12.13%

NEW GOLD (NGD) : During the past 4 weeks, traders have been relatively bearish on NEW GOLD (NGD), hence the stock is down -3.64% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -11.55% relative to the S&P 500. The 4-week change in the price of the stock is -3.85% and the stock has fallen -12.13% in the past 1 week.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 10.18% and the fifty day Moving Average is 1.52%. New Gold, Inc. is up 34.05% in the last three month period. Year-to-Date the stock performance stands at 115.52%.

NEW GOLD (NGD) : Currently there are 7 street experts covering NEW GOLD (NGD) stock. The most bullish and bearish price target for the stock is $7 and $4 respectively for the short term. The average price target of all the analysts comes to $5.23. The estimated standard deviation from the target is $1.23.


NEW GOLD (NYSEMKT:NGD): On Fridays trading session , Opening price of the stock was $5.27 with an intraday high of $5.33. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $4.93. However, the stock managed to close at $5, a loss of 2.34% for the day. On the previous day, the stock had closed at $5.12. The total traded volume of the day was 7,957,910 shares.

New Gold Inc. is a Canada-based intermediate gold mining company engaged in the development and operation of mineral properties. The Companys assets include New Afton Mine in Canada, which is an underground gold?copper deposit; the Mesquite Mine in the United States, which is an open pit mine; the Peak Mines in Australia, which is an underground gold?copper deposit, and the Cerro San Pedro Mine in Mexico, which is a gold?silver, open pit mine. The Company projects include the Rainy River and Blackwater projects, both in Canada, and a 30% interest in the El Morro copper?gold project in Chile. Approximately 28% of the Companys gold revenue is generated from Canada, 28% from the United States, 26% from Australia and 18% from Mexico, and over 70% of its gold reserves are located in Canada.

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