TSX:NGDMetals and Mining
New Gold (TSX:NGD): Rethinking Valuation After a 233% Year-to-Date Share Price Surge
New Gold (TSX:NGD) has quietly turned into one of the stronger performers on the TSX this year, with the stock up roughly 2.3x year to date and supported by rising earnings.
See our latest analysis for New Gold.
The latest leg higher has been fuelled by a 32.6% 1 month share price return and a remarkable 233.6% year to date share price gain. A towering 3 year total shareholder return of 807.2% signals that momentum has been building for some time rather than appearing out of nowhere.
If New...