New Gold Inc (TSE:NGD) (ARCA:NGD) insider Robert Joseph Chausse acquired 230,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 7th. The stock was purchased at an average cost of C$1.10 per share, with a total value of C$253,000.00.
Shares of New Gold stock traded up C$0.01 during trading hours on Monday, hitting C$1.04. The company’s stock had a trading volume of 962,065 shares, compared to its average volume of 1,314,193. New Gold Inc has a 12-month low of C$0.90 and a 12-month high of C$4.45. The company has a debt-to-equity ratio of 56.00, a quick ratio of 1.19 and a current ratio of 3.61.
New Gold (TSE:NGD) (ARCA:NGD) last issued its earnings results on Wednesday, October 24th. The company reported C($0.01) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of C($0.05) by C$0.04. The firm had revenue of C$192.25 million during the quarter, compared to the consensus estimate of C$245.55 million. Research analysts predict that New Gold Inc will post -0.0301477844393216 EPS for the current fiscal year.
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About New Gold
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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