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New Gold Rises 120% in a Year: What's Aiding the Stock's Performance?
ZACKSยท 2025-09-25 16:31
Key Takeaways New Gold shares jumped 119.6% in a year, reaching a 52-week high of $7.09 before closing at $6.83.Exploration at New Afton and Rainy River expanded mineralization, boosting growth potential.Q2 revenues rose 41.3% to $308M, with record free cash flow of $63M and strong gold and copper output.New Gold Inc. (NGD) shares have gained 119.6% over the past year compared with the industry's growth of 78.2%. The stock also hit a fresh 52-week high of $7.09 yesterday, before ending the session lower at ...