A Look At New Gold’s Valuation After Strong Returns And The Proposed Coeur Mining Merger
Context for New Gold’s Recent Share Performance New Gold (TSX:NGD) has been on many investors’ radars after a strong 1 year total return of 266.27%, alongside reported annual revenue of CA$1,242.2m and net income of CA$249.3m. See our latest analysis for New Gold. Despite a very large 3 year total shareholder return, recent trading has been more mixed, with a 7 day share price return of a 17.03% decline, a 30 day share price return of 8.49%, and a 90 day share price return of 42.72% from a...
Context for New Gold’s Recent Share Performance New Gold (TSX:NGD) has been on many investors’ radars after a strong 1 year total return of 266.27%, alongside reported annual revenue of CA$1,242.2m and net income of CA$249.3m. See our latest analysis for New Gold. Despite a very large 3 year total shareholder return, recent trading has been more mixed, with a 7 day share price return of a 17.03% decline, a 30 day share price return of 8.49%, and a 90 day share price return of 42.72% from a...