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Stock impact report

Why the Market Dipped But New Gold (NGD) Gained Today [Yahoo! Finance]

New Gold Inc. (NGD) 
NASDAQ:AMEX Investor Relations: newgold.com/investors
Company Research Source: Yahoo! Finance
The stock's performance was ahead of the S&P 500's daily loss of 0.93%. Elsewhere, the Dow saw a downswing of 0.41%, while the tech-heavy Nasdaq depreciated by 1.53%. Shares of the gold mining company have appreciated by 14.74% over the course of the past month, outperforming the Basic Materials sector's gain of 4.73% and the S&P 500's gain of 2.17%. Investors will be eagerly watching for the performance of New Gold in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $0.03, marking stability compared to the same quarter of the previous year. 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. Investors should also take note of any recent adjustments to analyst estimates for New Gold. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterat Show less Read more
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