Shares of New Gold NGD are lower on the session by 3.35%, currently trading at $12.12. The stock has been moving largely higher over the past three months and is currently trading above the 50-day average.
Options traders are focusing on calls today. A short while ago the September 2011 $9.00 call traded 4,000 times on open interest of 121 contracts.
New Gold Inc. is an intermediate gold producer with a portfolio of global assets in the United States, Mexico, Australia, Canada and Chile.
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