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Stock impact report

2 TSX Stocks Under $20 to Buy Now [Yahoo! Finance Canada]

New Gold Inc. (NGD) 
NASDAQ:AMEX Investor Relations: newgold.com/investors
Investing in lower-priced stocks that trade at an attractive valuation should help Canadians benefit from outsized gains over time. In this article, I have identified two top TSX stocks that trade under $20, which are worth buying now. Is this TSX mining stock a good buy? Valued at a market cap of $7.7 billion, New Gold TSX:NGD ) is engaged in the development and operation of mineral properties in Canada. New Gold, currently priced at $9.75 per share, explores for gold, silver, and copper deposits. New Gold posted impressive third-quarter results, with consolidated production reaching approximately 115,200 ounces of gold and 12 million pounds of copper, while generating a record quarterly free cash flow of US$205 million. The Canadian miner demonstrated strong operational momentum as all-in sustaining costs dropped substantially from US$1,391 per ounce in the second quarter to US$966 per ounce, with further reductions expected in the fourth quarter. The company achieved an im Show less Read more
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