Shares of New Gold Inc. (TSE:NGD - Get Free Report) ARCA: NGD hit a new 52-week high during trading on Thursday . The stock traded as high as C$4.63 and last traded at C$4.63, with a volume of 354248 shares traded. The stock had previously closed at C$4.43.
New Gold Stock Up 4.6 %
The company has a market capitalization of C$2.64 billion, a P/E ratio of 131.36, a PEG ratio of -3.02 and a beta of 1.59. The stock has a 50 day moving average of C$4.14. The company has a current ratio of 1.42, a quick ratio of 1.64 and a debt-to-equity ratio of 45.12.
Insider Buying and Selling
In other news, Senior Officer Keith Murphy sold 41,863 shares of the business's stock in a transaction dated Tuesday, March 11th. The stock was sold at an average price of C$4.29, for a total transaction of C$179,592.27. Corporate insiders own 4.92% of the company's stock.
About New Gold
(
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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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