Closing Bell: New Gold Inc up on Wednesday (NGD)

Today, New Gold Inc shares closed at $3.19 after opening the day at $2.93. Intraday prices ranged from $2.92 to $3.28.

Share prices boosted 13.12 percent from the previous day's close of $2.82.

During the day across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

New Gold Inc traded under NGD on the Toronto Stock Exchange (TSX).

A total of 3,416,503 shares was traded during the last trading day, with total trades of 3,852, with an average volume of 1,417,659 over 5 days.

The TSX market on the whole today saw 3,418 price advancers against 1,773 declines and 138 unchanged.

During the prior 52 weeks, NGD.TO has traded as high as $3.35 (July 11,2024) and low as $1.17 (October 02,2023). Moreover, the shares have risen 109.87% in the last 12 months, while they have soared 66.15% year-to-date.

Following today's trading, New Gold Inc has a market capitalization of $2.23 billion on a float of 790,495 shares outstanding. Its annual EPS is $-0.10.

New Gold Inc is a TSX Gold company headquartered in Toronto, CAN.

Currently, New Gold Inc's consensus rating is "Moderate Buy" based on 10 analysts according to Zacks. From those 10 analysts, 7 have buy ratings, 1 have sell ratings and 2 analysts gave hold ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..