Pre-earnings options volume in New Gold (NGD) is normal with calls leading puts 6:1. Implied volatility suggests the market is anticipating a move near 4.5%, or 13c, after results are released. Median move over the past eight quarters is 4.8%.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NGD:
- NGD Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- New Gold price target raised to $4 from $3.50 at Scotiabank
- New Gold’s Long-Term Stability and Growth Potential: A Strategic Outlook
- New Gold Extends Mine Life and Projects Strong Cash Flow
- New Gold price target raised to C$6 from C$5.25 at National Bank
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue