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Blue Chip Growth

Stock Report: New Gold Inc. (NGD) Report Updated: Jul 25, 2016 | Print This Page

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New Gold Inc. (NGD)

Rating: Strong Buy Volatility: Moderate
Total Grade: A Industry: Metals & Mining
Competitors: GOLD,GSS,AKG,MUX
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Company Profile

New Gold Inc., a gold mining company, engages in the acquisition, exploration, development, and operation of mineral properties. It primarily explores for gold, silver, and copper deposits. The company’s operating properties include a 100% interest in the New Afton gold-copper mine in British Columbia, Canada; the Mesquite gold mine in California; the Peak gold-copper mines in New South Wales, Australia; and the Cerro San Pedro gold-silver mine in the state of San Luis Potosí, Mexico. It also has exploration and development projects, including a 100% interest in the Rainy River gold project in Ontario, Canada and the Blackwater gold-silver project in central British Columbia, Canada, as well as a 30% interest in the El Morro gold-copper development project in the Atacama Region, Chile. The company was formerly known as DRC Resources Corporation and changed its name to New Gold Inc. in June 2005. New Gold Inc. was founded in 1980 and is headquartered in Vancouver, Canada.