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Gold Stocks Shine: New Gold Inc. Soars 1.02%!
Friday, Jun 6, 2025 4:58 am ET1min read
New Gold Inc. rose 1.02% in premarket trading, with the company's stock price movement aligning with the positive news of NOVAGOLD Resources Inc. announcing the full exercise and closing of the underwriters’ option to purchase an additional 7,177,500 common shares at $3.75 per share. This news indicates a significant financial transaction that could positively impact the broader gold mining sector, including New Gold Inc.
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