New Gold Coeur Deal Advances As Market Weighs Valuation And Momentum
New Gold and Coeur Mining have advanced their previously announced arrangement, with New Gold shareholders recently voting in favor of the transaction. The companies are now seeking a final court order, a key regulatory step before the arrangement can be fully completed. For investors watching TSX:NGD, this development comes as the stock trades around CA$15.11, with very strong multi year returns, including a gain of 28.3% year to date and 266.7% over the past year. The share price move has...
New Gold and Coeur Mining have advanced their previously announced arrangement, with New Gold shareholders recently voting in favor of the transaction. The companies are now seeking a final court order, a key regulatory step before the arrangement can be fully completed. For investors watching TSX:NGD, this development comes as the stock trades around CA$15.11, with very strong multi year returns, including a gain of 28.3% year to date and 266.7% over the past year. The share price move has...