Debbie Wasserman Schultz from Florida’s 25th district invests in New Gold Inc.

In a recent congressional trade report, Debbie Wasserman Schultz, a congress member from Florida’s 25th congressional district, made a notable investment in New Gold Inc. (NYSE:NGD), a company that has delivered an impressive 149.75% return over the past year. The transaction, which took place on February 28, 2024, was reported on June 27, 2025.

The report indicates that the investment is within the range of $1,001 to $15,000. This transaction represents a purchase of stocks in New Gold Inc., a prominent mining company with operations in several countries. According to InvestingPro, the company maintains a GREAT financial health score and has shown strong revenue growth of 21.17% in the last twelve months.

The investment was made in the form of stocks, a commonly used investment vehicle for those seeking to take an ownership stake in a company. This type of transaction allows the investor to potentially benefit from the company’s success through increases in the stock’s price or dividends.

The report also reveals that the stocks were purchased using the congress member’s personal funds, highlighting her confidence in the company’s future performance.

As a congress member, Wasserman Schultz is required by the STOCK Act to disclose all transactions to maintain transparency and prevent potential conflicts of interest. This report is part of her compliance with this law, providing the public with insight into her financial activities.

New Gold Inc. is a mid-tier gold mining company with a portfolio of two core producing assets in Canada, the Rainy River and New Afton Mines. The company has a market capitalization of $3.85 billion, with analysts setting price targets between $3.75 and $6.30. InvestingPro analysis suggests the stock is currently undervalued, with 13 additional exclusive insights available to subscribers.

This investment by a prominent congress member could potentially spark interest from other investors in New Gold Inc. The company’s P/E ratio stands at 28.28, with analysts expecting continued profitability this year. However, as with all investments, it is recommended to conduct thorough research and consider the risks before making a decision. For comprehensive analysis, investors can access the detailed Pro Research Report available on InvestingPro, which provides deep-dive analysis of NGD among 1,400+ US stocks.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.