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Stock impact report

A Look At New Gold's Valuation After Strong Returns And The Proposed Coeur Mining Merger [Yahoo! Finance]

New Gold Inc. (NGD) 
NASDAQ:AMEX Investor Relations: newgold.com/investors
Company Research Source: Yahoo! Finance
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Context for New Gold's Recent Share Performance New Gold (TSX:NGD) has been on many investors' radars after a strong 1 year total return of 266.27%, alongside reported annual revenue of CA$1,242.2m and net income of CA$249.3m. See our latest analysis for New Gold. Despite a very large 3 year total shareholder return, recent trading has been more mixed, with a 7 day share price return of a 17.03% decline, a 30 day share price return of 8.49%, and a 90 day share price return of 42.72% from a last close of CA$15.2. This suggests long term momentum is still strong even as short term sentiment cools. If New Gold's run has you looking across the precious metals space, it could be a good moment to scan other producers using our list of 28 elite gold producer stocks With New Gold trading at CA$15.20, sitting at a reported 77% discount to one intrinsic value estimate Show less Read more
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