New Gold Inc (TSE:NGD) (ARCA:NGD) Director Renaud Adams acquired 100,000 shares of the company’s stock in a transaction on Wednesday, November 7th. The stock was acquired at an average cost of C$1.10 per share, for a total transaction of C$110,000.00.
Shares of TSE:NGD traded down C$0.01 during trading on Friday, reaching C$1.09. The stock had a trading volume of 1,219,023 shares, compared to its average volume of 1,348,383. New Gold Inc has a 1-year low of C$0.90 and a 1-year high of C$4.45.
New Gold (TSE:NGD) (ARCA:NGD) last issued its quarterly earnings results on Wednesday, October 24th. The company reported C($0.01) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of C($0.05) by C$0.04. The firm had revenue of C$192.25 million during the quarter, compared to analyst estimates of C$245.55 million.
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New Gold Company Profile
New Gold Inc, an intermediate gold mining company, engages in the development and operation of mineral properties. It primarily explores for gold, silver, and copper deposits. The company's operating properties include the New Afton project located near Kamloops, British Columbia, Canada; the Mesquite mine located in Imperial County, California, the United States; and the Cerro San Pedro mine located in the state of San Luis Potosí, Mexico.
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