Gold Miners Dominate Tuesday’s Worst-Performing Stocks

4. New Gold Inc. (NYSEAMERICAN:NGD)

New Gold dropped its share prices by 5.71 percent on Tuesday to close at $3.47 apiece as investors disposed of shares in the company following the drop in gold prices while repositioning portfolios ahead of the release of its earnings performance.

As of this writing, spot prices of gold were at $3,340.94 per ounce, marking a drop from the $3,500 territory in the previous trading session.

NGD is an intermediate gold mining company with a portfolio of two core-producing assets in Canada, namely the Rainy River Mine in Ontario and the New Afton Mine in British Columbia.

The company is set to release its earnings performance on April 29, 2025.

Analysts expect the company to report earnings of $0.01 per share, or a year-on-year decline of 50 percent.