National Bank Financial Comments on New Gold Q2 Earnings

New Gold Inc. (TSE:NGD - Free Report) ARCA: NGD - Equities researchers at National Bank Financial issued their Q2 2025 earnings per share (EPS) estimates for shares of New Gold in a research note issued on Tuesday, July 15th. National Bank Financial analyst M. Sidibe anticipates that the company will post earnings per share of $0.14 for the quarter. National Bank Financial currently has a "Strong-Buy" rating on the stock.

Several other equities research analysts have also recently issued reports on the company. Raymond James Financial upgraded New Gold to a "hold" rating in a report on Monday, June 30th. Bank of America upgraded New Gold from an "underperform" rating to a "buy" rating and boosted their price objective for the stock from C$3.65 to C$5.45 in a research note on Wednesday, March 26th. One research analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of C$4.68.

New Gold Price Performance

TSE:NGD traded down C$0.06 during mid-day trading on Thursday, hitting C$5.91. 1,153,129 shares of the company's stock traded hands, compared to its average volume of 1,886,573. New Gold has a 1 year low of C$2.79 and a 1 year high of C$6.95. The company has a debt-to-equity ratio of 45.12, a quick ratio of 1.64 and a current ratio of 1.42. The firm's 50 day simple moving average is C$6.28 and its 200 day simple moving average is C$5.08. The company has a market cap of C$3.25 billion, a PE ratio of 161.73, a price-to-earnings-growth ratio of -3.02 and a beta of 1.59.

Insider Activity at New Gold

In related news, Senior Officer Ankit Shah sold 42,699 shares of the firm's stock in a transaction that occurred on Friday, May 9th. The shares were sold at an average price of C$5.67, for a total transaction of C$242,103.33. Also, Senior Officer Sean William Keating sold 49,048 shares of the business's stock in a transaction on Monday, May 5th. The stock was sold at an average price of C$5.40, for a total transaction of C$264,859.20. In the last ninety days, insiders have sold 116,747 shares of company stock worth $663,463. Insiders own 4.92% of the company's stock.

New Gold Company Profile

New Gold Inc is an intermediate gold mining company. The company has a portfolio of two producing assets: Rainy River Mine and New Afton Mine in Canada. Also, it has interests in the Cerro San Pedro Mine in Mexico. The company derives revenue from the sale of Gold, Copper, and Silver.