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Closing Bell: New Gold Inc down on Tuesday (NGD)

Automated Summaries - The Globe and Mail - Tue Aug 6, 4:02PM CDT

Today in trading, New Gold Inc shares closed at $2.93 after opening the day at $2.90. Intraday prices ranged from $2.84 to $3.00.

Share prices dipped -2.98% from the previous day's close of $3.02.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

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

Trading volume was 1,137,148 on 2,247 total trades. On average, New Gold Inc has traded 1,650,284 shares over 5 days and 1,443,007 year-to-date.

The TSX market on the whole today saw 3,772 price advancers against 1,443 declines and 86 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 103.47% in the last 52 weeks, while they have boosted 52.60% year-to-date.

Following today's trading, New Gold Inc has a market capitalization of $2.39 billion on a float of 790,536 shares outstanding. Its annual EPS is $-0.03.

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

Currently, New Gold Inc has an average recommendation of "Moderate Buy" based on 10.00 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..