New Gold Inc. (TSE:NGD – Get Free Report) (ARCA:NGD)’s share price reached a new 52-week high 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 Performance
The firm’s 50-day moving average price is C$4.10 and its two-hundred day moving average price is C$3.91. The firm has a market capitalization of C$2.53 billion, a PE ratio of 125.61, a P/E/G ratio of -3.02 and a beta of 1.59. The company has a quick ratio of 1.64, a current ratio of 1.42 and a debt-to-equity ratio of 45.12.
Insiders Place Their Bets
In related news, Senior Officer Keith Murphy sold 41,863 shares of New Gold stock in a transaction on Tuesday, March 11th. The stock was sold at an average price of C$4.29, for a total transaction 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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