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Should New Gold Inc (NGD) be in Your Portfolio?

Friday, October 30, 2020 11:03 AM | InvestorsObserver Analysts

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Should New Gold Inc (NGD) be in Your Portfolio?

New Gold Inc (NGD) is near the top in its industry group according to InvestorsObserver. NGD gets an overall rating of 61. That means it scores higher than 61 percent of stocks. New Gold Inc gets a 86 rank in the Gold industry. Gold is number 59 out of 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?

Searching for the best stocks to invest in can be difficult. There are thousands of options and it can be confusing on what actually constitutes a great value. Investors Observer allows you to choose from eight unique metrics to view the top industries and the best performing stocks in that industry. A score of 61 would rank higher than 61 percent of all stocks.

This ranking system incorporates numerous factors used by analysts to compare stocks in greater detail. This allows you to find the best stocks available in any industry with relative ease. These percentile-ranked scores using both fundamental and technical analysis give investors an easy way to view the attractiveness of specific stocks. Stocks with the highest scores have the best evaluations by analysts working on Wall Street.

What's Happening With New Gold Inc Stock Today?

New Gold Inc (NGD) stock is trading at $1.93 as of 10:54 AM on Friday, Oct 30, a decline of -$0.07, or -3.5% from the previous closing price of $2.00. The stock has traded between $1.92 and $2.06 so far today. Volume today is low. So far 2,184,048 shares have traded compared to average volume of 6,490,406 shares.

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

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