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

Automated Summaries - The Globe and Mail - Wed Aug 7, 4:01PM CDT

In today's trading, New Gold Inc shares closed at $2.84 after opening the day at $2.98. It traded at a low of $2.80 to a high of $3.00.

Share prices eased -3.07% from the previous day's close of $2.93.

Today across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

New Gold Inc has listed on the Toronto Stock Exchange (TSX) under the ticker NGD.

A total of 1,254,153 shares was traded during the session, with total trades of 2,255, while having an average volume of 1,722,524 in the last five days.

The TSX market on the whole today saw 1,858 price advancers against 3,319 declines and 108 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, in the last 12 months, New Gold Inc's shares have soared 97.22%, while they have soared 47.92% since the start of 2024.

Following today's trading, New Gold Inc has a market capitalization of $2.32 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.

New Gold Inc is holding an average recommendation of "Moderate Buy" from 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..