From Yahoo Finance: 2025-04-23 11:47:00

On Tuesday, Wall Street rebounded after a rough day, with the Dow Jones up 2.66%, S&P 500 up 2.51%, and Nasdaq up 2.71%. Despite overall market optimism, 10 companies, primarily gold miners, saw heavy selling due to lower gold prices. New Gold Inc. (NGD) dropped 5.71% amid this trend.

New Gold Inc. (NGD) closed at $3.47 per share on Tuesday, down 5.71% due to falling gold prices. The company is set to release its earnings on April 29, 2025. Analysts expect a 50% year-on-year decline in earnings per share to $0.01. NGD ranks 4th on the list of worst-performing stocks.

New Gold Inc. (NGD) is an intermediate gold mining company with two core-producing assets in Canada. Spot gold prices dropped to $3,340.94 per ounce from $3,500. NGD is positioned for investment potential, but AI stocks may offer higher returns in a shorter time frame. Check out the report for the cheapest AI stock.

Read more: Why New Gold Inc. (NGD) Crashed on Tuesday