Price Point
Research analyst, growth, large-cap, long-term horizon

Buy New Gold For Near-Term Cash Flow, Strong Execution, And Growth Prospects

As governments around the world continue with their stimulus programs and loose monetary policies to spur economic growth, gold as a safe haven has seen a record run in its price over the last few years. The precious metal is heading for its 12th straight annual gain. However, gold equities have failed to follow the path of gold prices, with some big companies losing as much as a quarter of their stock price YTD. There are still some stocks which have fared well over the year, and are all set to generate significant cash flows in 2013. New Gold, Inc (NYSEMKT:NGD) is one of those stocks.

New Gold, Inc

New Gold, Inc is a mid-tier precious metals mining...

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