New Gold Inc. ( NYSE:NGD – Get Rating )'s share price was down 3.7% during trading on Wednesday . The company traded as low as $1.30 and last traded at $1.31. Approximately 1,511,263 shares changed hands during mid-day trading, a decline of 58% from the average daily volume of 3,632,877 shares. The stock had previously closed at $1.36. Analyst Upgrades and Downgrades Separately, StockNews.com raised New Gold from a 'hold' rating to a 'buy' rating in a research note on Saturday, April 29th.

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