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NGD News and Press, New Gold Inc. From 03/27/20

Stock Information

Company Name: New Gold Inc.
Stock Symbol: NGD
Market: NYSE
Website: newgold.com

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NGD - Will These Gold Stocks Make New Highs Before April?

Top Gold Stocks to Watch Right Now The price of gold maintained its latest support level of around $1,635. Meanwhile, the markets jostled ahead of the potential coronavirus stimulus vote. Assuming this bill passes, it could give a short-term boost to the economy. Furthermore, it would also add...

NGD - Gold Miners Are Turning Into A Minefield

Gold demand has recently surged on news that the Federal Reserve is going to provide unlimited QE and record-low interest rates for the markets. Many investors want to leverage on this breakout in the gold price by investing in gold mining stocks. However, there is just one problem. Gold miner...

NGD - Gold and COVID-19: Who's Reacting and How?

The COVID-19 outbreak has had a major impact on the gold market, bringing massive price swings as investors react to new developments related to the pandemic.  Companies in the gold space have also faced headwinds due to the virus, with many suspending production or exploration, alterin...

NGD - New Gold: Assessing The Technical Damage After The Drop

It's been a volatile start to the year for miners, but few names have fared as poorly as New Gold ( NGD ). The stock is down 44% year-to-date, lapping an underwhelming 13% decline last year, during a year when the price of gold ( GLD ) rose nearly 20%. Unfortunately, recent developments sugges...

NGD - New Gold suspends Rainy River mine ops for two weeks

New Gold (NYSEMKT: NGD ) says it has temporarily suspended operations at its Rainy River mine in Canada so that workers can follow a 14-day self-isolation period to combat the coronavirus. More news on: New Gold Inc., Commodities news, Stocks on the move, Read more ...

NGD - New Gold Reports Two Week Suspension of Operations at the Rainy River Mine

New Gold Inc. (“New Gold” or the “Company”) (TSX and NYSE American: NGD) reports that its Rainy River Mine, which is close to the United States border, has temporarily suspended operations for a period of two weeks so that its local workforce can follow the fourt...

NGD - Precious Metals Royalty And Streaming Companies: The February Report

Precious metals royalty and streaming companies represent a very interesting sub-industry of the precious metals mining industry. They provide some leverage to the growing metals prices, similar to the typical mining companies; however, they are less risky in comparison to them. Their income...

NGD - Why Gold Stocks Are Plunging Today

The price of gold sold off along with the broader market today, dropping nearly 5% on the day, which was its sharpest decline since 2013. That sell-off weighed on  gold mining stocks , with several tumbling by double digits. Leading the decliners were  Harmony Gold   (NYS...

NGD - New Gold: New Afton Deal Is A Major Step Forward

Shares of New Gold ( NGD ) have materially lagged their peers this year due to gold hedging program , which limited the company's ability to profit from higher gold prices, as well as expectations of another year of high costs . At some point, it looked like New Gold shares were set to under...

NGD - New Gold sells 46% cash flow interest in New Afton mine to pension fund

New Gold ( NGD +12.8% ) surges after agreeing to sell a 46% free cash flow stake in its New Afton mine to Ontario Teachers' Pension Plan for $300M. More news on: New Gold Inc., Commodities news, Stocks on the move, Read more ...

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