New Gold Inc. (TSE:NGD - Free Report) ARCA: NGD - Stock analysts at Raymond James Financial increased their Q1 2026 earnings estimates for 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 Stock Up 3.4%
Shares of NGD stock traded up C$0.27 during trading on Monday, reaching C$8.10. The company's stock had a trading volume of 1,358,046 shares, compared to its average volume of 1,831,405. The business has a fifty day moving average price of C$6.66 and a 200-day moving average price of C$5.66. The company has a quick ratio of 1.64, a current ratio of 1.42 and a debt-to-equity ratio of 45.12. The company has a market cap of C$6.41 billion, a price-to-earnings ratio of 40.50, a price-to-earnings-growth ratio of -3.02 and a beta of 1.12. New Gold has a one year low of C$3.13 and a one year high of C$8.13.
Insider Activity at New Gold
In other news, Senior Officer Sean William Keating sold 25,000 shares of the business's stock in a transaction on Monday, June 2nd. The shares were sold at an average price of C$6.26, for a total value of C$156,500.00. 4.92% of the stock is currently 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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