At close of market on Thursday, New Gold Inc. (TSX:NGD) stock finished trading at -6.96%, bringing the stock price to $1.07 on the Toronto Stock Exchange. The stock price saw a low of $1.07 and a high of $1.12.
The company’s stock was traded 1,051 times with a total of 826,423 shares traded.
New Gold Inc. has a market cap of $619.65 million, with 579.12 million shares in issue.
New Gold Inc is an intermediate gold mining company with operations across the globe. The company has a portfolio of four producing assets: the New Afton Mine in Canada, the Mesquite Mine in the United States, and the Cerro San Pedro Mine in Mexico. In addition, New Gold owns 100% of the Rainy River and Blackwater projects in Canada, along with a minority stake in the gold stream on the El Morro project in Chile. The New Afron Mine is the largest division, contributing roughly 50% of group revenue.