New Gold (NYSE:NGD) Lowered to “Hold” at StockNews.com

StockNews.com downgraded shares of New Gold (NYSE:NGD – Get Rating) from a buy rating to a hold rating in a report released on Thursday morning.

New Gold Trading Down 3.3 %

Shares of NGD stock opened at $1.17 on Thursday. New Gold has a one year low of $0.61 and a one year high of $1.48.

About New Gold

(Get Rating)

New Gold, Inc is a gold mining company, which engages in the operation, development and exploration of mineral properties. Its portfolio includes Rainy RIver, New Afton, and Cerro San Pedro. The company was founded on January 31, 1980 and is headquartered in Toronto, Canada.