BETA Technologies launches IPO of 25 million shares priced $27-$33
New Gold Inc stock reached a 52-week high of $7.27, marking a significant milestone for the company. With a market capitalization of $5.67 billion and an impressive YTD return of 189.52%, the company has demonstrated remarkable momentum. According to InvestingPro analysis, the company maintains a GREAT financial health score, though technical indicators suggest the stock may be in overbought territory. The impressive rise in stock value highlights New Gold Inc’s strong performance in the market, supported by robust revenue growth of 27.24% and a healthy gross profit margin of 57.89%. As it continues to attract attention from investors seeking opportunities in the mining sector, this 52-week high indicates a positive trajectory. For deeper insights, InvestingPro offers 16 additional investment tips and a comprehensive Research Report, part of its coverage of 1,400+ top US stocks.
In other recent news, New Gold Inc. reported its second-quarter 2025 earnings, surpassing expectations for earnings per share (EPS). The company achieved an adjusted EPS of $0.11, slightly above the forecast of $0.10, representing a 10% positive surprise. However, New Gold’s revenue for the quarter fell short of expectations, coming in at $308.4 million compared to the anticipated $321.9 million. Additionally, New Gold announced the resignation of Christian Milau from its Board of Directors, effective immediately. Milau, who served on the board for about a year, is leaving to pursue other opportunities. The company did not provide further details on his departure. These developments are part of New Gold’s recent corporate activities and operational initiatives.
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