Does New Gold (NGD) have what it takes to be a top stock pick for momentum investors? Let's find out.
New Gold (NGD) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
New Gold (NGD) possesses solid growth attributes, which could help it handily outperform the market.
| - Industry | - Sector | Patrick Godin Asc., CEO | AMEX Exchange | 644535106 CUSIP |
| CA Country | 1,337 Employees | - Last Dividend | 25 Jul 2002 Last Split | - IPO Date |
New Gold Inc. is an intermediate gold mining company engaged in the development and operation of mineral properties primarily in Canada. It focuses on the exploration and extraction of gold, silver, and copper deposits, striving to produce valuable resources while adhering to sustainable mining practices. With its headquarters situated in Toronto, Canada, New Gold Inc. operates through its principle properties, including the Rainy River mine in Northwestern Ontario and the New Afton project in South-Central British Columbia. The company endeavors to enhance shareholder value through efficient operations, strategic locations, and responsible environmental stewardship.
New Gold Inc. specializes in gold mining, primarily through its Rainy River mine and New Afton project. The company focuses on extracting gold while ensuring the sustainability of its mining operations, contributing to the global gold supply chain.
In addition to gold, New Gold Inc. explores and mines for silver. This activity diversifies the company's product portfolio, adding another layer of value to its mining operations through the extraction of this precious metal.
Understanding the growing demand for copper, particularly in renewable energy and electric vehicles, New Gold Inc. also targets copper deposits. The company’s exploration and mining activities in this sector aim to meet market demands while fostering responsible extraction practices.