Another great pick RonS, I am up over 150% and main stream analysts just catching on now
The Globe and Mail reports in its Tuesday edition that analysts have raised their earnings forecasts for New Gold, while also touting its value characteristics. The Globe’s guest columnist Anthony Menard writes in the Number Cruncher column that New Gold is a stock with positive analyst sentiment. New Gold is a Canadian gold mining company that has surged 138.1 per cent over the past year, driven in part by a about 40-per-cent rise in gold prices to about $3,300 (U.S.) per ounce from around $2,300 (U.S.). Analyst sentiment has turned notably positive, with earnings estimates increasing by 27.3 per cent over the past 90 days.
