Scotia Capital Downgrades New Gold Inc. (NGD) to Sector Underperform
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Scotia Capital downgrades New Gold (NYSE Amex: NGD) from Sector Perform to Sector Underperform. Price target lowered from $5.50 to $4.25.
To see all the upgrades/downgrades on shares of NGD, visit our Analyst Ratings page.
New Gold Inc. (New Gold) is an intermediate gold producer with a portfolio of global assets in Mexico, Canada, Australia, Brazil, Chile and the United States (Alaska).
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