Shares of New Gold Inc. (TSE:NGD - Get Free Report) ARCA: NGD hit a new 52-week high on Wednesday . The stock traded as high as C$4.96 and last traded at C$4.78, with a volume of 2014645 shares changing hands. The stock had previously closed at C$4.80.
New Gold Stock Performance
The firm's 50-day moving average price is C$4.21 and its two-hundred day moving average price is C$3.96. The company has a debt-to-equity ratio of 45.12, a quick ratio of 1.64 and a current ratio of 1.42. The stock has a market cap of C$2.54 billion, a price-to-earnings ratio of 126.43, a PEG ratio of -3.02 and a beta of 1.59.
Insider Buying and Selling at New Gold
In other New Gold news, Senior Officer Keith Murphy sold 41,863 shares of the company's stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of C$4.29, for a total value of C$179,592.27. 4.92% of the stock is currently owned by corporate insiders.
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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