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Bullboard - Stock Discussion Forum
New Gold Inc
T.NGD
Alternate Symbol(s):
NGD
Consumer Cyclical
Metals & Mining
Home Furnishings & Fixtures
Gold
New Gold Inc. is a Canadian intermediate gold mining company with a portfolio of two core producing assets in Canada, namely the Rainy River gold mine and the New Afton copper-gold mine. The Company also holds other Canadian-focused investments. The Company is engaged in the acquisition, exploration and development of natural resource properties. Rainy River is a gold mine located in...
Northwestern Ontario, Canada, approximately 65 kilometers (km) northwest of Fort Frances, Ontario. The New Afton mine is located approximately 10 km west of Kamloops, approximately 350 km northeast of Vancouver, British Columbia, Canada.
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TSX:NGD - Post Discussion
New Gold Inc
> Standard profit taking today.
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coolfooldumbguy
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Post by
coolfooldumbguy
on Sep 30, 2024 9:58pm
Standard profit taking today.
It's months end so that is expected.
(435)
•••
Ronbromleygross
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Comment by
Ronbromleygross
on Sep 30, 2024 11:13pm
It's standard profit taking or the brief consolidation period. It normal after the great run we had. Plus gold has pulled back too from its recent high. NGD moves pretty much with the move in gold price these days. When this pullback phase is over, we move up on the next leg up which should take us past the recent $52 week high of $4.37 cdn reached a week or so
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