New Gold Inc. (NYSE:NGD) is a top gold mining company with Canaccord raising its price target from $5.99 to $6.53, maintaining a Buy rating. Q2 FY2025 results show revenue of $308 million, adjusted EPS of $0.11, and record FCF of $63 million, with Rainy River contributing $45 million. Production growth expected. Aerial view of precious metals mine extracting gold and silver. Company primarily explores for gold, silver, and copper deposits. Expert mentions potential upside in AI stocks over NGD.
Read more at Yahoo Finance: Canaccord Increases PT on New Gold Stock from $5.99 to $6.53, Maintains Buy Rating