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Fly News Breaks for August 20, 2018
NGD
Aug 20, 2018 | 07:44 EDT
As reported previously, Canaccord analyst Rahul Paul upgraded New Gold to Hold from Sell. The analyst believes the recent share price decline of 45% now provides a more balanced risk/reward trade-off, particularly for long-term investors with a bullish outlook for gold. Paul has a C$1.50 price target on New Gold shares.
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