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Options Corner: Why New Gold's Options Market Is Bullishly Defying The Merger Playbook - New Gold (AMEX:NGD)
Benzinga· 2025-12-22 21:01
Thanks to the resurgence in the precious metals market, New Gold Inc (NYSEAMERICAN: NGD) is back to building on its blistering run. On a year-to-date basis, NGD stock has gained about 266%. Over the trailing five sessions, the security is up more than 10%, thereby showing little signs of buyer exhaustion. Indeed, a rare quantitative signal that flashed in New Gold's price chart indicates that even more upside is possible.Adding to the enthusiasm, New Gold is scheduled to release its earnings report on Feb. ...