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New Gold (NGD) Ascends While Market Falls: Some Facts to Note
ZACKS· 2025-01-29 23:57
New Gold (NGD) ended the recent trading session at $2.89, demonstrating a +0.7% swing from the preceding day's closing price. This change outpaced the S&P 500's 0.47% loss on the day. At the same time, the Dow lost 0.31%, and the tech-heavy Nasdaq lost 0.51%.Coming into today, shares of the gold mining company had gained 15.73% in the past month. In that same time, the Basic Materials sector gained 1.28%, while the S&P 500 gained 1.67%.Market participants will be closely following the financial results of N ...
New Gold Stock To Continue Outperformance In 2025
Seeking Alpha· 2025-01-20 12:46
David focuses on growth & momentum stocks that are reasonably priced and likely to outperform the market over the long-term. He is a long term investor of quality stocks and uses options for strategy. David told investors to buy in March 2009 at the bottom of the financial crisis. The S&P 500 increased 367% and the Nasdaq increased 685% from 2009 through 2019. He wants to help make people money by investing in high-quality growth stocks.Analyst’s Disclosure: I/we have no stock, option or similar derivative ...
New Gold (NGD) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2025-01-15 23:55
In the latest market close, New Gold (NGD) reached $2.73, with a -1.44% movement compared to the previous day. The stock fell short of the S&P 500, which registered a gain of 1.83% for the day. At the same time, the Dow added 1.65%, and the tech-heavy Nasdaq gained 2.45%.Prior to today's trading, shares of the gold mining company had gained 4.14% over the past month. This has outpaced the Basic Materials sector's loss of 6.01% and the S&P 500's loss of 3.31% in that time.The investment community will be clo ...
New Gold Sees 2% Annual Increase in Q4 Gold Output
ZACKS· 2025-01-10 21:00
New Gold Inc. (NGD) reported a 2% year-over-year increase in gold production in the fourth quarter of 2024 to 80,438 ounces. This was attributed to the solid performance at the New Afton mine, which offset lower production at the Rainy River mine due to operational challenges encountered in December. It was the highest production quarter in 2024.NGD’s gold production reached 298,303 ounces in 2024, whereas its guidance was 300,000-310,000 ounces. Better-than-expected performance at New Afton was offset by l ...
NEW GOLD DELIVERS HIGHEST PRODUCTION QUARTER OF 2024
Prnewswire· 2025-01-09 22:00
Upcoming Catalysts to Showcase Significant Near-Term Free Cash Flow Generation TORONTO, Jan. 9, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) reports fourth quarter and full year operational results for the Company as of December 31, 2024.   The Company is providing notice that it will release its operational outlook, technical report summaries for Rainy River and New Afton, and updated Mineral Reserve and Mineral Resource Statement for the Company as of Dec ...
New Gold (NGD) Flat As Market Sinks: What You Should Know
ZACKS· 2024-12-27 00:06
New Gold (NGD) closed the latest trading day at $2.52, indicating no change from the previous session's end. The stock's performance was ahead of the S&P 500's daily loss of 0.04%. Meanwhile, the Dow gained 0.07%, and the Nasdaq, a tech-heavy index, lost 0.05%.The gold mining company's shares have seen a decrease of 8.03% over the last month, surpassing the Basic Materials sector's loss of 8.95% and falling behind the S&P 500's gain of 1.05%.Market participants will be closely following the financial result ...
Why New Gold (NGD) Dipped More Than Broader Market Today
ZACKS· 2024-12-19 23:55
In the latest trading session, New Gold (NGD) closed at $2.48, marking a -1.59% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.09%. At the same time, the Dow added 0.04%, and the tech-heavy Nasdaq lost 0.1%.The gold mining company's shares have seen a decrease of 9.35% over the last month, not keeping up with the Basic Materials sector's loss of 7.73% and the S&P 500's loss of 0.29%.Market participants will be closely following the financial results of New Gold in ...
Are Investors Undervaluing New Gold (NGD) Right Now?
ZACKS· 2024-12-17 15:40
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, incl ...
Are Basic Materials Stocks Lagging New Gold (NGD) This Year?
ZACKS· 2024-12-17 15:40
The Basic Materials group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has New Gold (NGD) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.New Gold is a member of the Basic Materials sector. This group includes 234 individual stocks and currently holds a Zacks Sector Rank of #15. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the in ...
Is It Worth Investing in New Gold (NGD) Based on Wall Street's Bullish Views?
ZACKS· 2024-12-17 15:30
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about New Gold (NGD) .New Gold currently has an average brokerage recom ...