Why New Gold (NGD) Outpaced the Stock Market Today

New Gold (NGD) ended the recent trading session at $6.94, demonstrating a +1.61% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.26% for the day. Meanwhile, the Dow gained 0.15%, and the Nasdaq, a tech-heavy index, added 0.48%. Shares of the gold mining company have appreciated by 15.76% over the course of the past month, outperforming the Basic Materials sector's gain of 4.08%, and the S&P 500's gain of 2.87%.The investment community will be payin ...