Virtus Terranova U.S. Quality Momentum ETF Price & Performance (JOET)

Atria Wealth Solutions Inc. recently acquired 35,000 shares of New Gold Inc., valued at $87,000. This move underscores growing institutional interest in the company, which has seen significant investment activity, including BNP Paribas Financial Markets increasing its holdings by over 9,000% in the third quarter of 2024.1

Institutional investors continue to show confidence in New Gold Inc., with recent acquisitions by companies like XTX Topco Ltd and Van ECK Associates Corp. The stock has performed steadily, trading at $2.72, with a market cap of $2.15 billion and a one-year high of $3.25.1

New Gold Inc., an intermediate gold mining company, is drawing attention from institutional investors and hedge funds. With its Rainy River mine in Ontario and New Afton project in British Columbia, the company is positioned to benefit from increased demand for gold, silver, and copper.1