New Gold Inc (NYSEAMERICAN:NGD) continued to gained momentum and ended higher on Wednesday, extended its month long uptrend.
Market Action
On Wednesday, NGD stock was up by 3.76% to trade at $2.21. Over the past year, the stock has been moving within a range of $1.0500 – 2.4000. The stock witnessed heavy volume as more than 5.26 million shares have been traded hands – compared to its average volume of 5.80 million shares.
New Gold Offers Condolences Following Discovery at Former Kamloops Residential School
- is saddened by the recent tragic discovery of the remains of 215 children on the grounds of the former residential school in Kamloops.
Renaud Adams, President and CEO stated: “The news of this discovery has affected me deeply. First and foremost, our condolences and prayers go out to all those who have been impacted by this news. We know that the roots of intergenerational trauma are deep, and a discovery of this nature is particularly disturbing, upsetting, or triggering to many. We extend our condolences to Kúkpi7 (Chief) Rosanne Casimir of Tk’emlúps te Secwépemc and all the communities from the Secwépemc Nation as they navigate this tragedy.” New Gold is committed to contributing to a stronger, healthier, and prosperous future for Indigenous peoples across Canada, something that can only be achieved by first acknowledging the pain that Indigenous peoples have historically endured and continue to endure to this day.
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