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New Gold, Inc. Adjusts Valuation Amid Strong Profitability and Growth Metrics
New Gold, Inc., a midcap company in the Gems, Jewellery and Watches industry, has seen a recent valuation adjustment. The company exhibits strong financial metrics, including a P/E ratio of 26, ROCE of 18.18%, and ROE of 20.96%, coupled with a 70.00% CAGR in operating profits. Positive technical indicators like MACD and KST further underscore its robust long-term fundamentals and market position.