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Stock impact report

New Gold (NGD) Suffers a Larger Drop Than the General Market: Key Insights [Yahoo! Finance]

New Gold Inc. (NGD) 
NASDAQ:AMEX Investor Relations: newgold.com/investors
Company Research Source: Yahoo! Finance
The most recent trading session ended with New Gold (NGD) standing at $2.76, reflecting a -1.43% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily loss of 0.96%. Meanwhile, the Dow lost 0.94%, and the Nasdaq, a tech-heavy index, lost 1.18%. Coming into today, shares of the gold mining company had gained 20.17% in the past month. In that same time, the Basic Materials sector gained 8.15%, while the S&P 500 gained 4.3%. The investment community will be closely monitoring the performance of New Gold in its forthcoming earnings report. The company is scheduled to release its earnings on October 29, 2024. In that report, analysts expect New Gold to post earnings of $0.04 per share. This would mark year-over-year growth of 33.33%. For the full year, the Zacks Consensus Estimates project earnings of $0.15 per share and a revenue of $969 million, demonstrating changes of +114.29% and +23.2%, respectively, from the preceding year. Show less Read more
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