New Gold Inc. (NGD) Hits Fresh High: Is There Still Room to Run?
Have you been paying attention to shares of New Gold (NGD) ? Shares have been on the move with the stock up 23.9% over the past month. The stock hit a new 52-week high of $4.31 in the previous session. New Gold has gained 71.4% since the start of the year compared to the 5.9% move for the Zacks Basic Materials sector and the 45.5% return for the Zacks Mining - Gold industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consens ...