New Gold Inc (AMEX: NGD) Now $0.86 Higher From Its Low (1.44), Does It Still Have A Growth Story?

New Gold Inc (AMEX:NGD) currently has a daily average trading volume of 9.28M but it saw 9958278 shares traded in last market. With a market cap of 1.82B USD, the company’s current market price of $2.30 came falling about -0.43 while comparing to the previous closing price of $2.31. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.46 and as low as $0.86.

Taking a look at 20-day trading activity of New Gold Inc (NGD) gives us an average price of $2.23, while its current price level is -6.50% below from 52-week high level whereas it is 167.44% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.10 while that of 200 days or SMA-200 reads an average of $1.61. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.36% during that period while stretching the period over a month that decreases to 4.95%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 59.23 which implies that the stock is in neutral territory.

Over the week, NGD’s stock price is moving 11.11% up while it is 16.75% when we observe its performance for the past one month. Year-to-date it is 57.53% up and over the past year, the stock is showing an upside performance of 107.21%.

Currently, New Gold Inc’s total number of outstanding shares is 790.48M. Company’s return on investment (ROI) stands at -1.41% and return on equity (ROE) at -2.23%. It has a 8.09 of forward P/E ratio. Stock’s beta reads 1.32. Stock has a price to book (P/B) ratio of 1.91 while price to sale or P/S ratio amounts to 2.26. Its return on asset (ROA) is -0.97% on average.