New Gold Inc. (TSE:NGD – Get Free Report) (ARCA:NGD) reached a new 52-week high during trading on Thursday . The company traded as high as C$4.63 and last traded at C$4.63, with a volume of 354248 shares trading hands. The stock had previously closed at C$4.43.
New Gold Price Performance
The business has a 50-day simple moving average of C$4.08 and a 200 day simple moving average of C$3.90. The stock has a market cap of C$2.60 billion, a P/E ratio of 129.17, a price-to-earnings-growth ratio of -3.02 and a beta of 1.59. 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 Activity
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 value of C$179,592.27. 4.92% of the stock is owned by company insiders.
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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