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New Gold ( (TSE:NGD) ) just unveiled an announcement.
New Gold Inc. has been recognized as a top performer on the Toronto Stock Exchange’s TSX30 list for 2025, ranking eleventh due to a significant 394% share price appreciation over the past three years. This achievement underscores New Gold’s substantial growth, positioning it well to increase production and reduce costs, thereby enhancing free cash flow and solidifying its status as a leading intermediate gold and copper producer.
The most recent analyst rating on (TSE:NGD) stock is a Buy with a C$6.85 price target. To see the full list of analyst forecasts on New Gold stock, see the TSE:NGD Stock Forecast page.
Spark’s Take on TSE:NGD Stock
According to Spark, TipRanks’ AI Analyst, TSE:NGD is a Outperform.
New Gold’s strong technical momentum and positive earnings call insights are key strengths, though financial performance concerns and high valuation limit the overall score.
To see Spark’s full report on TSE:NGD stock, click here.
More about New Gold
New Gold is a Canadian-focused intermediate mining company with a portfolio of two core producing assets in Canada, the New Afton copper-gold mine and the Rainy River gold mine. The company’s vision is to be the most valued intermediate gold and copper producer through profitable and responsible mining for its shareholders and stakeholders.
Average Trading Volume: 1,642,436
Technical Sentiment Signal: Buy
Current Market Cap: C$6.92B
For an in-depth examination of NGD stock, go to TipRanks’ Overview page.