New Gold (TSE:NGD) Upgraded by TD Securities to "Buy" Rating
TD Securities upgraded New Gold (TSE:NGD) from a "hold" to a "buy" rating, raising the target price from C$7.50 to C$12.00. Other analysts also increased their price targets, with a consensus "buy" rating and an average target of C$10.61. The stock rose 2.5% to C$11.71. New Gold operates mines in Canada and Mexico, with revenue from gold, copper, and silver sales.
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