New Gold (NYSE:NGD) Now Covered by StockNews.com

StockNews.com initiated coverage on shares of New Gold (NYSE:NGD – Get Rating) in a note issued to investors on Thursday. The firm set a “hold” rating on the stock.

New Gold Stock Up 0.1 %

Shares of New Gold stock opened at $0.86 on Thursday. New Gold has a one year low of $0.61 and a one year high of $1.99.

About New Gold

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New Gold, Inc is a gold mining company, which engages in the operation, development and exploration of mineral properties. Its portfolio includes Rainy RIver, New Afton, and Cerro San Pedro. The company was founded on January 31, 1980 and is headquartered in Toronto, Canada.