New Gold Inc. (NGD) Hit a 52 Week High, Can the Run Continue?
Have you been paying attention to shares of New Gold (NGD) ? Shares have been on the move with the stock up 9.9% over the past month. The stock hit a new 52-week high of $3.98 in the previous session. New Gold has gained 60.5% since the start of the year compared to the 4.2% move for the Zacks Basic Materials sector and the 46.8% return for the Zacks Mining - Gold industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensu ...