NGD Stock Explodes 300% After Monumental $7B Acquisition Deal

New Gold Stock just struck the motherlode—and traders are rushing to cash in.

The $7 Billion Game Changer

NGD shares skyrocketed following news of a massive acquisition deal that's reshaping the mining landscape. The $7 billion transaction marks one of the largest gold sector moves this decade, sending shockwaves through traditional commodity markets.

Gold's Digital Renaissance

While old-school miners celebrate, crypto investors are watching closely. Gold's sudden relevance surge highlights the growing appetite for tangible assets in volatile times—proving even the shiniest metal needs a digital-age makeover.

Another day, another traditional finance giant playing catch-up while decentralized assets continue their quiet revolution.

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New Gold and Coeur Mining expect the acquisition to close in the first quarter of 2026. When it does, the combined company will be owned 38% by NGD investors and 62% by CDE investors. The deal needs the approval of New Gold investors before it can be completed. The company’s directors and senior officers have entered into an agreement to vote in favor of the deal. Once complete, Coeur Mining will expand its Board of Directors and leadership team to include New Gold directors and executives.

Patrick Godin, President, CEO, and Director of New Gold, said, “A combination with Coeur unlocks the next level of potential for our shareholders, uniting with a company of similar financial strength and cash FLOW generation while also gaining exposure to a larger scale, diversified portfolio with new long-life assets and immense exploration potential. Together, we will be a cash flow powerhouse, leaping above larger peers, with significant exploration upside and the potential to significantly extend mine life and grow net asset value per share.”

New Gold Stock Movement Today

New GOLD stock was up 8.86% in pre-market trading on Monday, following a slight dip on Friday. The shares have also rallied 195.97% year-to-date and 165.94% over the past 12 months.

Is New Gold Stock a Buy, Sell, or Hold?

Turning to Wall Street, the analysts’ consensus rating for New Gold is Strong Buy, based on seven Buy and one Hold rating over the past three months. With that comes an average NGD stock price target of $8.23, representing a potential 12.13% upside for the shares.