New Gold (NGD) Shares Cross Below 200 DMA
In trading on Friday, shares of New Gold Inc. (Symbol: NGD) crossed below their 200 day moving average of $6.12, changing hands as low as $6.00 per share. New Gold Inc. shares are currently trading off about 2.9% on the day. The chart below shows the one year performance of NGD shares, versus its 200 day moving average:
Looking at the chart above, NGD's low point in its 52 week range is $4.68 per share, with $9.89 as the 52 week high point - that compares with a last trade of $6.04.
According to the ETF Finder at ETF Channel, NGD makes up 2.11% of the Gold Miners ETF (Symbol: GDX) which is trading lower by about 2.3% on the day Friday.