New Gold (NGD) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: C$5.21 to C$5.47
• 50-Day Range: C$3.89 to C$5.49
• 52-Week Range: C$2.38 to C$5.49
• Volume: 1.70 million shs
• Average Volume: 1.89 million shs
• Market Capitalization: C$2.92 billion
• P/E Ratio: 145.04
• Dividend Yield: 0.92%
• Price Target: C$4.34
• Consensus Rating: Buy

New Gold Stock Analysis - MarketRank™

New Gold scored higher than 17% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.6 / 5
• Analyst Rating: Buy

Consensus Rating

New Gold has received a consensus rating of Buy. The company's average rating score is 3.22, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

New Gold has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of New Gold is 145.04, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 21.97.

Price to Earnings Ratio vs. Sector

The P/E ratio of New Gold is 145.04, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 75.63.

Price to Earnings Growth Ratio

Due to a projected decrease in earnings for New Gold, their PEG ratio cannot be calculated.

Price to Book Value per Share Ratio

New Gold has a P/B Ratio of 4.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for NGD.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

New Gold has a dividend yield of 0.92%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

New Gold does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for NGD.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.83

News Sentiment

New Gold has a news sentiment score of 0.83. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for New Gold this week, compared to 2 articles on an average week.

Search Interest

Only 10 people have searched for NGD on MarketBeat in the last 30 days. This is a decrease of -9% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added New Gold to their MarketBeat watchlist in the last 30 days. This is a decrease of -90% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, New Gold insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$179,592.00 in company stock.

Percentage Held by Insiders

Only 4.92% of the stock of New Gold is held by insiders.

Percentage Held by Institutions

61.76% of the stock of New Gold is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NGD Stock Analysis - Frequently Asked Questions

How have NGD shares performed this year?

New Gold's stock was trading at C$3.59 on January 1st, 2025. Since then, NGD shares have increased by 47.6% and is now trading at C$5.30.
View the best growth stocks for 2025 here.

How were New Gold's earnings last quarter?

New Gold Inc. (TSE:NGD) released its quarterly earnings results on Tuesday, October, 29th. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.06 by $0.05. New Gold had a trailing twelve-month return on equity of 2.31% and a net margin of 2.33%.
Read the conference call transcript.

How do I buy shares of New Gold?

Shares of NGD stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of New Gold own?

Based on aggregate information from My MarketBeat watchlists, some other companies that New Gold investors own include Whitecap Resources (WCP), Wheaton Precious Metals (WPM), Barrick Gold (GOLD), Alamos Gold (AGI), Avino Silver & Gold Mines (ASM), Avino Silver & Gold Mines (ASM) and Enbridge (ENB).

Company Calendar

• Last Earnings: 10/29/2024
• Today: 5/03/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Gold
• Sub-Industry: N/A
• Current Symbol: TSE:NGD
• CIK: N/A
• Web: www.newgold.com
• Phone: +1-416-3246000
• Fax: N/A
• Employees: 1,337
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$4.34
• High Stock Price Target: C$5.45
• Low Stock Price Target: C$3.00
• Potential Upside/Downside: -18.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.22
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.04
• Trailing P/E Ratio: 145.04
• Forward P/E Ratio: N/A
• P/E Growth: -3.02
• Net Income: C$13.99 million
• Net Margins: 2.33%
• Pretax Margin: N/A
• Return on Equity: 2.31%
• Return on Assets: 1.80%

Debt

• Debt-to-Equity Ratio: 45.12
• Current Ratio: 1.42
• Quick Ratio: 1.64

Sales & Book Value

• Annual Sales: C$599.46 million
• Price / Sales: 4.86
• Cash Flow: C$1.60 per share
• Price / Cash Flow: 3.32
• Book Value: C$1.26 per share
• Price / Book: 4.20

Miscellaneous

• Outstanding Shares: 550,192,806
• Free Float: N/A
• Market Cap: C$2.92 billion
• Optionable: Not Optionable
• Beta: 1.59