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Is New Gold Inc (NGD) the Top Pick in the Gold Industry?

Thursday, October 08, 2020 10:07 AM | InvestorsObserver Analysts

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Is New Gold Inc (NGD) the Top Pick in the Gold Industry?

New Gold Inc (NGD) is around the top of the Gold industry according to InvestorsObserver. NGD received an overall rating of 58, which means that it scores higher than 58 percent of all stocks. New Gold Inc also achieved a score of 75 in the Gold industry, putting it above 75 percent of Gold stocks. Gold is ranked 44 out of the 148 industries.

Overall Score - 58
NGD has an Overall Score of 58. Find out what this means to you and get the rest of the rankings on NGD!

What do These Ratings Mean?

Trying to find the best stocks can be a daunting task. There are a wide variety of ways to analyze stocks in order to determine which ones are performing the strongest. Investors Observer makes the entire process easier by using percentile rankings that allows you to easily find the stocks who have the strongest evaluations by analysts.

These rankings allows you to easily compare stocks and view what the strengths and weaknesses are of a given company. This lets you find the stocks with the best short and long term growth prospects in a matter of seconds. The combined score incorporates technical and fundamental analysis in order to give a comprehensive overview of a stocks performance. Investors who then want to focus on analysts rankings or valuations are able to see the separate scores for each section.

What's Happening With New Gold Inc Stock Today?

New Gold Inc (NGD) stock is trading at $1.97 as of 10:04 AM on Thursday, Oct 8, a gain of $0.03, or 1.55% from the previous closing price of $1.94. The stock has traded between $1.96 and $2.00 so far today. Volume today is light. So far 459,232 shares have traded compared to average volume of 8,504,634 shares.

Click Here to get the full Stock Score Report on New Gold Inc (NGD) Stock.

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