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New Gold Inc. (NGD) Shares Cross Below 200 DMA

By Metals Channel Staff, Thursday, January 24, 12:02 PM ET
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In trading on Thursday, shares of New Gold Inc. (AMEX:NGD) crossed below their 200 day moving average of $10.40, changing hands as low as $10.28 per share. New Gold Inc. shares are currently trading down about 1.4% on the day. The chart below shows the one year performance of NGD shares, versus its 200 day moving average:

New Gold Inc. 200 Day Moving Average Chart

Looking at the chart above, NGD's low point in its 52 week range is $7.13 per share, with $12.84 as the 52 week high point — that compares with a last trade of $10.30.


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According to the ETF Finder at ETF Channel, NGD makes up 3.54% of the Gold Miners ETF (AMEX:GDX) which is trading lower by about 1.1% on the day Thursday.

     See what other ETFs contain NGD »
     See what other stocks are held by GDX »

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