I am trying to create a new database from an old backup of database on the same server. When using SQL server management studio and trying to restore to the new DB
Think of it like an archive. MyDB.Bak contains MyDB.mdf and MyDB.ldf.
Restore with Move to say HerDB basically grabs MyDB.mdf (and ldf) from the back up, and copies them as HerDB.mdf and ldf.
So if you already had a MyDb on the server instance you are restoring to it wouldn't be touched.