New Gold Inc. (TSE:NGD - Free Report) ARCA: NGD - Raymond James Financial issued their Q2 2025 earnings per share (EPS) estimates for New Gold in a research report issued to clients and investors on Monday, June 30th. Raymond James Financial analyst J. Elliott expects that the company will earn $0.14 per share for the quarter. Raymond James Financial has a "Hold" rating on the stock. Raymond James Financial also issued estimates for New Gold's Q3 2025 earnings at $0.23 EPS, Q4 2025 earnings at $0.26 EPS and FY2025 earnings at $0.63 EPS.
A number of other brokerages also recently issued reports on NGD. Bank of America raised New Gold from an "underperform" rating to a "buy" rating and upped their price target for the company from C$3.65 to C$5.45 in a report on Wednesday, March 26th. National Bank Financial raised New Gold to a "strong-buy" rating in a report on Friday, March 21st. One research analyst has rated the stock with a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of C$4.68.
Read Our Latest Stock Report on NGD
New Gold Stock Up 0.1%
NGD stock traded up C$0.01 during midday trading on Wednesday, hitting C$6.72. The stock had a trading volume of 283,544 shares, compared to its average volume of 1,923,715. The company has a debt-to-equity ratio of 45.12, a current ratio of 1.42 and a quick ratio of 1.64. The business has a 50-day moving average of C$6.09 and a two-hundred day moving average of C$4.91. New Gold has a 52-week low of C$2.79 and a 52-week high of C$6.95. The firm has a market cap of C$3.70 billion, a price-to-earnings ratio of 183.90, a price-to-earnings-growth ratio of -3.02 and a beta of 1.59.
Insider Activity
In other New Gold news, Senior Officer Sean William Keating sold 25,000 shares of the firm's stock in a transaction that occurred 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. Also, 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. Insiders have sold 116,747 shares of company stock valued at $663,463 in the last quarter. 4.92% of the stock is currently owned by company insiders.
New Gold Company Profile
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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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