Why New Gold (NGD) Dipped More Than Broader Market Today

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 ...