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Stock impact report

Assessing New Gold (TSX:NGD) Valuation After A 1 Year Total Shareholder Return Above 250% [Yahoo! Finance]

New Gold Inc. (NGD) 
NASDAQ:AMEX Investor Relations: newgold.com/investors
Company Research Source: Yahoo! Finance
You might be wondering how its recent performance lines up with the underlying business. See our latest analysis for New Gold. Recent trading has been lively, with the latest share price at CA$14.12, a 30 day share price return of 24.85% and a 1 year total shareholder return above 250%, suggesting momentum has been building for some time. If New Gold has caught your eye, it can be useful to widen the lens and compare it with other miners and materials names, including fast growing stocks with high insider ownership With the share price already up strongly over the past year and trading about 7% below the latest analyst target, the key question now is whether New Gold is still undervalued or whether the market is already pricing in future growth. With New Gold closing at CA$14.12 against a narrative fair value of CA$15.12, the story centers on how future earnings could support that gap. Execution of a disciplined capital allocation strategy, including significant debt reduc Show less Read more
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