New Gold Inc. (ARCA:NGD) – Research analysts at National Bank Financial decreased their FY2017 EPS estimates for shares of New Gold in a research note issued on Thursday. National Bank Financial analyst S. Parsons now anticipates that the brokerage will post earnings per share of $0.12 for the year, down from their prior estimate of $0.13.
Separately, Desjardins lowered New Gold from a “buy” rating to a “hold” rating in a research note on Wednesday, September 7th.
New Gold (ARCA:NGD) traded up 1.82% during trading on Monday, hitting $3.92. The company had a trading volume of 3,184,633 shares. The stock’s market capitalization is $2.01 billion. New Gold has a 1-year low of $1.76 and a 1-year high of $6.04. The company’s 50 day moving average price is $4.65 and its 200-day moving average price is $4.55.
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