We came across a bullish thesis on New Gold Inc. on Valueinvestorsclub.com by rookie964. In this article, we will summarize the bulls’ thesis on NGD. New Gold Inc.’s share was trading at $6.82 as of October 9th. NGD’s trailing and forward P/E were 36.75 and 7.84 respectively according to Yahoo Finance.
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New Gold Inc. (NGD) represents a compelling opportunity in the materials sector, which is often overlooked and comprises only 1.9% of the S&P 500. NGD...
