New Gold (NASDAQ:NGD) Stock Rating Upgraded by BidaskClub

New Gold (NASDAQ:NGD) was upgraded by research analysts at BidaskClub from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Saturday, BidAskClub reports.

NGD opened at $0.92 on Friday. The firm’s 50 day moving average is $0.75. New Gold has a twelve month low of $0.61 and a twelve month high of $2.18.

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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