Trading Report: Today, FY2016 Earnings Estimate for New Gold Inc. Issued By National Bank Financial (NGD)

Today, FY2016 Earnings Estimate for New Gold Inc. Issued By National Bank Financial (NGD)

New Gold Inc. (ARCA:NGD) – Stock analysts at National Bank Financial dropped their FY2016 earnings per share estimates for New Gold in a research note issued on Wednesday. National Bank Financial analyst S. Parsons now anticipates that the brokerage will post earnings per share of $0.07 for the year, down from their previous estimate of $0.10.

Separately, Desjardins upgraded New Gold from a “hold” rating to a “buy” rating in a research note on Friday, September 16th.

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