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Stock impact report

Why the Market Dipped But New Gold (NGD) Gained Today [Yahoo! Finance]

New Gold Inc. (NGD) 
NASDAQ:AMEX Investor Relations: newgold.com/investors
Company Research Source: Yahoo! Finance
New Gold (NGD) closed at $13.42 in the latest trading session, marking a +2.13% move from the prior day. The stock's change was more than the S&P 500's daily loss of 0.43%. Elsewhere, the Dow saw a downswing of 1.05%, while the tech-heavy Nasdaq depreciated by 0.92%. The gold mining company's shares have seen an increase of 8.6% over the last month, surpassing the Basic Materials sector's gain of 7.73% and the S&P 500's loss of 0.5%. The investment community will be paying close attention to the earnings performance of New Gold in its upcoming release. The company's earnings per share (EPS) are projected to be $0.27, reflecting a 285.71% increase from the same quarter last year. NGD's full-year Zacks Consensus Estimates are calling for earnings of $0.66 per share and revenue of $0 million. These results would represent year-over-year changes of +230% and 0%, respectively. Investors should also pay attention to any latest changes in analyst estimates for New Gold. These recent Show less Read more
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