Canaccord analyst Jeremy Hoy lowered the firm’s price target on New Gold to C$2.75 from C$3 and keeps a Buy rating on the shares.
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Read More on NGD:
- New Gold price target lowered to C$2 from C$2.25 at National Bank
- New Gold price target lowered to $1.20 from $1.25 at TD Securities
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- New Gold reports Q4 adjusted EPS (1c), consensus 2c
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