New Gold (NASDAQ:NGD) Upgraded to Strong-Buy by BidaskClub

New Gold (NASDAQ:NGD) was upgraded by equities research analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a research note issued on Wednesday, BidAskClub reports.

NASDAQ:NGD opened at $1.42 on Wednesday. The business’s 50-day moving average price is $0.87. New Gold has a 52-week low of $0.61 and a 52-week high of $1.96.

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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