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Benzinga highlights NYSE penny stocks, including Gerdau SA and New Gold

The list spotlights Gerdau SA, which derives most revenue from Brazil operations, and New Gold, a Canadian gold miner with projects in Ontario and British Columbia.

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Benzinga curated a set of NYSE penny stocks it says are rising, urging investors to consider low-priced shares characterized by volatility. The selection includes Gerdau SA, a steel producer with operations spanning Brazil, North America, and South America, plus a special steel segment. The article says the company derives a majority of its revenue from Brazil operations and lists products such as nails, rebar, columns, billets, slabs, and reinforced steel bars. Benzinga also includes New Gold Inc., describing it as a Canadian-based gold mining company. The piece says New Gold owns and operates mining projects including Rainy River in Ontario and New Afton in British Columbia.

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