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Stock impact report

Why New Gold Stock Slumped This Week [Yahoo! Finance]

New Gold Inc. (NGD) 
NASDAQ:AMEX Investor Relations: newgold.com/investors
Company Research Source: Yahoo! Finance
New Gold 's (NYSEMKT: NGD) stock was hardly golden on the market this week. As one of the many pure-play precious metals mining companies on the scene, its equity took a hit as the prices of such goods declined over the past few days. Ultimately, its shares fell by 17% over the week, according to data compiled by S&P Global Market Intelligence A pure-play at heart Precious metals had been on a tear for months, culminating in an all-time high spot price for gold of almost $5,600 per ounce in late January. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. That was due to something of a perfect storm, with growing worries about inflation, and developments in the geopolitical sphere driving investors into investments traditionally considered to be safe; for many, gold is considered t Show less Read more
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