New Gold (NYSE:NGD) Shares Up 5.2%

New Gold Inc. (NYSE:NGDGet Rating)’s share price shot up 5.2% on Friday . The company traded as high as $0.91 and last traded at $0.90. 48,093 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 3,513,567 shares. The stock had previously closed at $0.86.

New Gold Price Performance

The stock’s 50 day moving average price is $0.75 and its two-hundred day moving average price is $1.23. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.80 and a quick ratio of 2.15. The firm has a market capitalization of $617.60 million, a price-to-earnings ratio of 6.96 and a beta of 1.68.

New Gold (NYSE:NGDGet Rating) last issued its quarterly earnings data on Thursday, August 4th. The company reported ($0.02) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.02). The business had revenue of $115.70 million during the quarter. New Gold had a net margin of 13.96% and a return on equity of 4.24%. On average, equities research analysts anticipate that New Gold Inc. will post -0.04 EPS for the current year.

New Gold Company Profile

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New Gold Inc, an intermediate gold mining company, engages in the exploration, development, and operation of mineral properties. It primarily explores for gold, silver, and copper deposits. The company's principal operating properties include 100% interests in the Rainy River mine located in Ontario, Canada; and New Afton mine situated in British Columbia, Canada.

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