What To Expect From New Gold Inc. ($NGD) 3Q20 Earnings

New Gold Inc. (AMEX:NGD) is reporting third quarter financial results on Thursday 5th November 2020, before market open.

Stock Performance

Shares of New Gold Inc. traded low $ -0.01 or -0.50 percent on Wednesday, reaching $ 2.00 with volume of 6.09 million shares. New Gold Inc. has traded high as $ 2.04 and has cracked $ 1.95 on the downward trend

The closing price of $ 2.00, representing a 415.38 % increase from the 52 week low of $ 0.39 and a 11.84 % decrease over the 52 week high of $ 2.28.

The company has a market capital of $ 1.35 billion and is part of the Basic Materials sector and Gold industry.

Recent Analyst recommendations

  • On 8th October 2020, maintained by Bank of America at Underperform rating, with $ 1.75 target price.
Conference Call

New Gold Inc. will be hosting a conference call at 8:30 AM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.newgold.com

New Gold Inc., an intermediate gold mining company, engages in the development and operation of mineral properties. It primarily explores for gold, silver, and copper deposits. The companys operating properties include the Rainy River project located in Ontario, Canada; the New Afton project located near Kamloops, British Columbia, Canada; and the Cerro San Pedro mine located in the state of San Luis Potosí, Mexico.

error: Content is protected !!
Exit mobile version