New Gold Inc. (TSE:NGD – Get Free Report) (ARCA:NGD) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$4.96 and last traded at C$4.78, with a volume of 2014645 shares trading hands. The stock had previously closed at C$4.80.
New Gold Price Performance
The company has a quick ratio of 1.64, a current ratio of 1.42 and a debt-to-equity ratio of 45.12. The firm’s 50-day moving average is C$4.19 and its 200-day moving average is C$3.95. The company has a market cap of C$2.62 billion, a PE ratio of 130.54, a PEG ratio of -3.02 and a beta of 1.59.
Insider Activity at New Gold
In related news, Senior Officer Keith Murphy sold 41,863 shares of the business’s stock in a transaction dated Tuesday, March 11th. The shares were sold at an average price of C$4.29, for a total transaction of C$179,592.27. 4.92% of the stock is owned by corporate insiders.
About New Gold
New Gold Inc is an intermediate gold mining company. The company has a portfolio of two producing assets: Rainy River Mine and New Afton Mine in Canada. Also, it has interests in the Cerro San Pedro Mine in Mexico. The company derives revenue from the sale of Gold, Copper, and Silver.
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