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Should Gold Stock New Gold Inc (NGD) Be in Your Portfolio Wednesday?

Wednesday, June 29, 2022 01:54 PM | InvestorsObserver Analysts

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Should Gold Stock New Gold Inc (NGD) Be in Your Portfolio Wednesday?

A rating of 90 puts New Gold Inc (NGD) near the top of the Gold industry according to InvestorsObserver. New Gold Inc's score of 90 means it scores higher than 90% of stocks in the industry. New Gold Inc also received an overall rating of 61, putting it above 61% of all stocks. Gold is ranked 117 out of the 148 industries.

Overall Score - 61
NGD has an Overall Score of 61. Find out what this means to you and get the rest of the rankings on NGD!

What do These Ratings Mean?

Finding the best stocks can be tricky. It isn’t easy to compare companies across industries. Even companies that have relatively similar businesses can be tricky to compare sometimes. InvestorsObserver’s tools allow a top-down approach that lets you pick a metric, find the top sector and industry and then find the top stocks in that sector.
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 $1.13 as of 1:51 PM on Wednesday, Jun 29, a drop of -$0.04, or -3.42% from the previous closing price of $1.17. The stock has traded between $1.11 and $1.20 so far today. Volume today is low. So far 1,523,584 shares have traded compared to average volume of 4,185,880 shares. Click Here to get the full Stock Report for New Gold Inc stock.

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