Shares of New Gold Inc. (TSE:NGD - Get Free Report) ARCA: NGD crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$3.84 and traded as low as C$3.80. New Gold shares last traded at C$3.93, with a volume of 1,179,761 shares trading hands.
New Gold Stock Up 4.4 %
The firm has a market cap of C$2.23 billion, a price-to-earnings ratio of 111.11, a P/E/G ratio of -3.02 and a beta of 1.59. 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 stock has a 50-day moving average of C$4.01 and a 200-day moving average of C$3.87.
Insider Activity at New Gold
In related news, Senior Officer Yohann Bouchard sold 100,000 shares of the stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of C$4.25, for a total transaction of C$425,000.00. 4.92% of the stock is owned by insiders.
New Gold Company Profile
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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.
Further Reading
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