New Gold (NGD) Shareholders Approve Previously Announced Plan of Arrangement to Advance Coeur Mining Deal

On January 27, 2026, New Gold Inc. (NYSE:NGD) received shareholders’ support of the antecedently announced program of arrangement, whereby a wholly owned subsidiary of Coeur Mining volition acquisition each outstanding NGD shares. The statement besides received the support of Coeur’s shareholders.

The acquisition is expected to adjacent successful the archetypal fractional of 2026, pending tribunal and regulatory approvals. Following the close, New Gold Inc. (NYSE:NGD) shareholders volition beryllium entitled to person 0.4959 Coeur shares per New Gold share. Offering astir 38% ownership of the combined company, the woody provides investors with vulnerability to a larger all-North American precious metals platform.

Meanwhile, an optimistic expert update preceded the acquisition update. On January 26, 2026, Scotiabank raised its terms people connected New Gold Inc. (NYSE:NGD) from $10.50 to $12.75, portion reiterating an ‘Outperform’ rating. The summation successful target, coming arsenic portion of a broader update to the Gold & Precious Minerals sector, reflects the firm’s higher golden and metallic terms forecasts amid heightened economical and geopolitical uncertainty, alongside cardinal slope buying.

New Gold Inc. (NYSE:NGD), a Canada-based golden mining company, operates and develops assets including Rainy River and New Afton.

While we admit the imaginable of NGD arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: What Are the Best Stocks to Buy Right Now? and 10 Stocks Under $1 That Will Explode.

Disclosure: None.