TSX:NGDMetals and Mining
Is New Gold’s 146% Rally Driven by Fundamentals or Hype?
Wondering if New Gold’s wild run makes it a hidden gem or a risky bet? You’re not alone if the recent buzz has you curious about what’s driving its value.
The stock has skyrocketed, boasting a 146.3% climb year-to-date and a staggering 144.4% gain over the past 12 months. It has also seen some short-term dips, such as a 9.1% drop in the last month.
Recent headlines highlight increased gold production and upbeat analyst upgrades. Both of these have sparked renewed optimism and contributed to...