New Gold Inc. (TSE:NGD - Get Free Report) ARCA: NGD Senior Officer Sean William Keating sold 25,000 shares of the company's stock in a transaction on Monday, June 2nd. The stock was sold at an average price of C$6.26, for a total transaction of C$156,500.00.
Sean William Keating also recently made the following trade(s):
- On Monday, May 5th, Sean William Keating sold 49,048 shares of New Gold stock. The shares were sold at an average price of C$5.40, for a total value of C$264,859.20.
New Gold Stock Performance
Shares of TSE NGD traded up C$0.26 during trading hours on Thursday, hitting C$6.69. 2,534,346 shares of the stock were exchanged, compared to its average volume of 1,946,576. New Gold Inc. has a one year low of C$2.60 and a one year high of C$6.73. The company's 50 day moving average is C$5.31 and its 200 day moving average is C$4.52. The company has a debt-to-equity ratio of 45.12, a current ratio of 1.42 and a quick ratio of 1.64. The firm has a market capitalization of C$3.68 billion, a P/E ratio of 183.08, a P/E/G ratio of -3.02 and a beta of 1.59.
Wall Street Analysts Forecast Growth
Several analysts have commented on NGD shares. Bank of America raised shares of New Gold from an "underperform" rating to a "buy" rating and boosted their target price for the stock from C$3.65 to C$5.45 in a research report on Wednesday, March 26th. National Bank Financial raised shares of New Gold to a "strong-buy" rating in a research report on Friday, March 21st. Three investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Buy" and an average target price of C$4.68.
Read Our Latest Analysis on NGD
New Gold Company Profile
(
Get Free Report)
New Gold Inc is an intermediate gold mining company. The company has a portfolio of two producing assets: Rainy River Mine and New Afton Mine in Canada. Also, it has interests in the Cerro San Pedro Mine in Mexico. The company derives revenue from the sale of Gold, Copper, and Silver.
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