New Gold Inc. (TSE:NGD – Get Free Report) (ARCA:NGD)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as C$4.96 and last traded at C$4.78, with a volume of 2014645 shares. The stock had previously closed at C$4.80.
New Gold Price Performance
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’s 50 day moving average is C$4.19 and its 200 day moving average is C$3.95. The firm has a market cap of C$2.62 billion, a P/E ratio of 130.54, a price-to-earnings-growth ratio of -3.02 and a beta of 1.59.
Insider Transactions at New Gold
In other news, Senior Officer Keith Murphy sold 41,863 shares of the company’s stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of C$4.29, for a total value of C$179,592.27. Insiders own 4.92% of the company’s stock.
About New Gold
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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