New Gold (TSE:NGD) Reaches New 1-Year High at $2.54

New Gold Inc. (TSE:NGD - Get Free Report) ARCA: NGD's share price hit a new 52-week high on Monday . The stock traded as high as C$2.54 and last traded at C$2.38, with a volume of 1428170 shares trading hands. The stock had previously closed at C$2.45.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. National Bankshares cut their price objective on New Gold from C$2.25 to C$2.00 and set a "sector perform" rating for the company in a report on Tuesday, February 20th. National Bank Financial restated a "sector perform spec overwgt" rating on shares of New Gold in a report on Wednesday, January 3rd.

New Gold Stock Performance

The firm has a market capitalization of C$1.64 billion, a PE ratio of -20.00, a P/E/G ratio of -3.02 and a beta of 1.52. The company has a debt-to-equity ratio of 50.84, a current ratio of 1.54 and a quick ratio of 1.64. The firm has a fifty day moving average price of C$1.91 and a 200 day moving average price of C$1.78.

New Gold (TSE:NGD - Get Free Report) ARCA: NGD last posted its quarterly earnings results on Tuesday, February 13th. The company reported C($0.01) earnings per share for the quarter, missing the consensus estimate of C$0.03 by C($0.04). The business had revenue of C$271.22 million for the quarter. New Gold had a negative net margin of 8.20% and a negative return on equity of 7.38%. Research analysts anticipate that New Gold Inc. will post 0.1355088 earnings per share for the current fiscal year.

New Gold Company Profile

New Gold Inc, an intermediate gold mining company, develops and operates of mineral properties in Canada. It primarily explores for gold, silver, and copper deposits. The company's principal operating properties include 100% interest in the Rainy River mine located in Northwestern Ontario, Canada; and New Afton project situated in South-Central British Columbia.