New Gold Inc. (TSE:NGD - Free Report) ARCA: NGD - Equities researchers at Raymond James Financial boosted their Q1 2026 EPS estimates for shares of New Gold in a research note issued to investors on Wednesday, August 20th. Raymond James Financial analyst J. Elliott now forecasts that the company will post earnings of $0.30 per share for the quarter, up from their prior forecast of $0.26. Raymond James Financial currently has a "Hold" rating on the stock. Raymond James Financial also issued estimates for New Gold's Q2 2026 earnings at $0.30 EPS, Q3 2026 earnings at $0.30 EPS, Q4 2026 earnings at $0.30 EPS and FY2026 earnings at $1.21 EPS.
New Gold Price Performance
NGD opened at C$7.67 on Monday. The firm's fifty day moving average price is C$6.53 and its two-hundred day moving average price is C$5.55. The company has a market capitalization of C$4.22 billion, a price-to-earnings ratio of 209.90, a P/E/G ratio of -3.02 and a beta of 1.59. The company has a debt-to-equity ratio of 45.12, a current ratio of 1.42 and a quick ratio of 1.64. New Gold has a 1 year low of C$3.13 and a 1 year high of C$7.76.
Insiders Place Their Bets
In related news, Senior Officer Sean William Keating sold 25,000 shares of the business's stock in a transaction on Monday, June 2nd. The stock was sold at an average price of C$6.26, for a total transaction of C$156,500.00. 4.92% of the stock is owned by corporate insiders.
About New Gold
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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.
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