TSX:NGDMetals and Mining
Is It Too Late To Consider New Gold (TSX:NGD) After A 251% One Year Rally?
If you are wondering whether New Gold's recent run has already priced in the opportunity, or if there is still value left on the table, this article is for you.
The share price closed at C$14.72, with a year to date return of 25.0% and a 1 year return of 251.3%, even after a 4.1% decline over the last week and a 4.4% decline over the last month.
Recent news flow around New Gold has focused on the company as a leveraged way to gain exposure to gold prices and on how its share price...