New Gold Inc. (NGD:CA) Rises 5.56%

New Gold Inc. (NGD:CA) Rises 5.56%

November 29 was a positive day for New Gold Inc. (NGD:CA) as its stock finished the day having gained 5.56% to hit a price of $1.14 a share. The company reached a market cap of 767.11 million and has 675.94 million shares outstanding. New Gold Inc. is a component of the the S&P/TSX Composite Index.

371,534 shares changed hands over the course of the day as compared to an average volume of n/a over the last 30 days for New Gold Inc..

New Gold Inc is an intermediate gold mining company with operations across the globe. The company has a portfolio of four producing assets: the New Afton Mine in Canada, the Mesquite Mine in the United States, and the Cerro San Pedro Mine in Mexico. In addition, New Gold owns 100% of the Rainy River and Blackwater projects in Canada, along with a minority stake in the gold stream on the El Morro project in Chile. The New Afron Mine is the largest division, contributing roughly 50% of group revenue.. The company makes its home in Toronto, ON, and is currently under the leadership of CEO Renaud Adams.

New Gold Inc. has hit a high of $2.03 and reached a low of $0.82 over its last year of trading. The stock’s 50-day SMA is now $n/a and 200-day SMA is $n/a. As for its price valuations, the P/E ratio is at n/a and P/B is now 0.61.

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