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Fly News Breaks for August 8, 2018
NGD
Aug 8, 2018 | 12:49 EDT
As previously reported, JPMorgan analyst John Bridges downgraded New Gold to Underweight from Neutral, stating that significant questions about its Rainy River project remain unanswered after the company filed its technical report on the mine yesterday. In addition to uncertainties over this project, Bridges cites "lackluster" gold and copper prices.
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