New Gold Inc. (NGD) Lifted to Strong-Buy at BidaskClub

New Gold Inc. (ARCA:NGD) was upgraded by investment analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a report released on Tuesday.

Several other research firms have also recently issued reports on NGD. ValuEngine cut shares of New Gold from a “hold” rating to a “sell” rating in a report on Thursday, September 21st. National Bank Financial reiterated an “outperform” rating on shares of New Gold in a report on Sunday, July 23rd. One analyst has rated the stock with a sell rating, two have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Hold”.

Shares of New Gold (ARCA:NGD) opened at 3.98 on Tuesday. The firm has a market capitalization of $2.29 billion, a P/E ratio of 41.03 and a beta of 0.15. The stock’s 50 day moving average is $3.77 and its 200-day moving average is $3.24. New Gold has a 52-week low of $2.39 and a 52-week high of $4.52.

TRADEMARK VIOLATION NOTICE: “New Gold Inc. (NGD) Lifted to Strong-Buy at BidaskClub” was originally published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this article on another website, it was stolen and republished in violation of US & international trademark & copyright legislation. The legal version of this article can be viewed at https://ledgergazette.com/2017/10/10/new-gold-inc-

Several other research firms have also recently issued reports on NGD. ValuEngine cut shares of New Gold from a “hold” rating to a “sell” rating in a report on Thursday, September 21st. National Bank Financial reiterated an “outperform” rating on shares of New Gold in a report on Sunday, July 23rd. One analyst has rated the stock with a sell rating, two have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Hold”.

Shares of New Gold (ARCA:NGD) opened at 3.98 on Tuesday. The firm has a market capitalization of $2.29 billion, a P/E ratio of 41.03 and a beta of 0.15. The stock’s 50 day moving average is $3.77 and its 200-day moving average is $3.24. New Gold has a 52-week low of $2.39 and a 52-week high of $4.52.

TRADEMARK VIOLATION NOTICE: “New Gold Inc. (NGD) Lifted to Strong-Buy at BidaskClub” was originally published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this article on another website, it was stolen and republished in violation of US & international trademark & copyright legislation. The legal version of this article can be viewed at https://ledgergazette.com/2017/10/10/new-gold-inc-ngd-lifted-to-strong-buy-at-bidaskclub.html.

New Gold Company Profile

New Gold Inc is an intermediate gold mining company. The Company is engaged in the development and operation of mineral properties. Its segments include New Afton, Mesquite, Peak Mines, Cerro San Pedro, Corporate and Other. It has operating mines in Canada, the United States, Australia and Mexico; development projects in Canada, and a stream on gold production from a development property in Chile.

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