National Bank Financial Forecasts New Gold Q2 Earnings

New Gold Inc. (TSE:NGD - Free Report) ARCA: NGD - Equities research analysts at National Bank Financial issued their Q2 2025 earnings estimates for New Gold in a research report 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.

Several other research analysts have also weighed in on NGD. Raymond James Financial raised shares of New Gold to a "hold" rating in a research note on Monday, June 30th. Bank of America raised shares of New Gold from an "underperform" rating to a "buy" rating and increased their target price for the stock from C$3.65 to C$5.45 in a research note on Wednesday, March 26th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of C$4.68.

New Gold Trading Down 1.0%

New Gold stock traded down C$0.06 during midday trading on Thursday, hitting C$5.91. 1,153,129 shares of the stock were exchanged, compared to its average volume of 1,886,573. New Gold has a fifty-two week low of C$2.79 and a fifty-two week high of C$6.95. The stock has a market capitalization of C$3.25 billion, a price-to-earnings ratio of 161.73, a PEG ratio of -3.02 and a beta of 1.59. The stock's 50-day simple moving average is C$6.28 and its 200 day simple moving average is C$5.11. The company has a current ratio of 1.42, a quick ratio of 1.64 and a debt-to-equity ratio of 45.12.

Insider Activity

In other 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 value of C$242,103.33. Also, Senior Officer Sean William Keating sold 49,048 shares of the firm's stock in a transaction that occurred on Monday, May 5th. The shares were 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 valued at $663,463. 4.92% of the stock is currently owned by insiders.

About New Gold

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.