Puts Purchased on New Gold Inc.

Shares of New Gold Inc. NGD are lower on the session by 1.14%, currently trading at $9.59. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are buying puts on the name today. Though action has been primarily in small lots, overall put volume is now running at 5.91x the daily average with 91% of all puts traded being purchases on the offer. New Gold Inc. is an intermediate gold producer with a portfolio of global assets in the United States, Mexico, Australia, Canada, Chile and Brazil. The company's operating assets consist of the Mesquite gold mine in the United States, the Cerro San Pedro gold-silver mine in Mexico, and the Peak gold-copper mine in Australia.