TSX:NGDMetals and Mining
Is It Time To Reassess New Gold (TSX:NGD) After The Recent Share Price Pullback
Investors may be wondering whether New Gold's current share price still offers value after a strong run, or if most of the opportunity is already reflected in the market.
The stock recently pulled back, with a 14.6% decline over the last week and a 15.3% decline over the past month, even though the 1 year return sits at 161.4% and the year to date return is 5.9%.
This combination of sharp short term weakness and very strong longer term gains has put New Gold back on the radar for investors...