Analyst Ratings For New Gold (TSE:NGD)
Today, TD Securities lowered its price target on New Gold (TSE:NGD) to C$5.00 per share.
There are 3 sell ratings, 4 hold ratings, 4 buy ratings on the stock.
The current consensus rating on New Gold (TSE:NGD) is Hold (Score: 2.09) with a consensus target price of C$4.29 per share, a potential .
Some recent analyst ratings include
- 3/13/2017-Scotiabank Reiterated Rating of Sector Perform.
- 3/10/2017-Desjardins Reiterated Rating of Buy.
- 2/15/2017-Royal Bank of Canada Reiterated Rating of Sector Perform.
About New Gold (TSE:NGD)
New Gold Inc. is an intermediate gold mining company. The Company is engaged in the development and operation of mineral properties. Its segments include New Afton, Mesquite, Peak Mines, Cerro San Pedro, Corporate and Other. It has operating mines in Canada, the United States, Australia and Mexico; development projects in Canada, and a stream on gold production from a development property in Chile. Its development projects include Rainy River and Blackwater projects, which are located in Canada. Its Rainy River project is a gold project located approximately 65 kilometers northwest of Fort Frances in northwestern Ontario, Canada. The Rainy River comprises approximately 192 square kilometers of various rights and claims. The Blackwater Project is located approximately 160 kilometers southwest of the city of Prince George in central British Columbia, Canada and 110 kilometers southwest of the town of Vanderhoof. The Blackwater project covers an area of over 1,000 square kilometers.
Recent Trading Activity for New Gold (TSE:NGD)
Shares of New Gold closed the previous trading session at 3.76 down -0.15 -3.84% with 5,957,368 shares trading hands.
