Shares of New Gold Inc. climbed more than 10 per cent in early trading after the company reported improved fourth-quarter performance at its troubled Rainy River mine. Shares of New Gold Inc. climbed more than 10 per cent. The company announced the sale of its Mesquite gold mine in California for US$158 million last September. The company revised down expected production for its Rainy River mine by about 100,000 ounces midway through last year, prompting its stock to drop by half to about a dollar. Article Continued BelowShares of New Gold were trading up 14 cents, or 10.94 per cent, at $1.41 at mid-morning on the Toronto Stock Exchange.

Source: thestar January 08, 2019 16:41 UTC