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Is New Gold (NGD) a Steadily Improving Company?

Heartland Advisors, an investment management company, released its “Heartland Value Fund” third quarter 2024 investor letter. A copy of the letter can be downloaded here. The fund increased by 9.83% in the quarter compared to 10.15% for the Russell 2000 Value Index. Year-to-date the fund appreciated by 13.45% outperforming the 9.22% gain for the Index, primarily driven by security selection. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2024.

Heartland Value Fund highlighted stocks like New Gold Inc. (AMEX:NGD), in the third quarter 2024...