New Gold (NGD) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a changing earnings ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.Luckily, Zacks has developed ...

TORONTO, Feb. 3, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX:NGD) (NYSE American: NGD) wishes to advise that Mr. Yohann Bouchard and the Company have mutually decided to part ways. Mr. Bouchard's last day as Executive Vice President and Chief Operating Officer was January 31, 2025. New Gold thanks Mr. Bouchard for his contribution and wishes him well with his future endeavors.   "I thank Yohann for his contribution to New Gold during his tenure," stated Patrick Godin, President & CE ...

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 ...

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 ...

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 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 ...

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) 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 ...