New Gold (TSE:NGD - Get Free Report) ARCA: NGD's stock had its "sector perform spec overwgt" rating reaffirmed by National Bank Financial in a research note issued on Monday.
NGD has been the topic of a number of other reports. National Bankshares decreased their price target on shares of New Gold from C$2.25 to C$2.00 and set a "sector perform" rating on the stock in a research note on Tuesday, February 20th. Bank of America raised their price target on shares of New Gold from C$1.90 to C$2.30 in a research note on Tuesday.
Read Our Latest Stock Analysis on NGD
New Gold Price Performance
Shares of TSE:NGD traded down C$0.03 during trading on Monday, reaching C$2.49. 2,531,177 shares of the company's stock traded hands, compared to its average volume of 1,363,777. New Gold has a fifty-two week low of C$1.17 and a fifty-two week high of C$2.67. The company has a quick ratio of 1.64, a current ratio of 1.54 and a debt-to-equity ratio of 50.84. The firm has a market cap of C$1.71 billion, a PE ratio of -20.75, a P/E/G ratio of -3.02 and a beta of 1.52. The company has a 50-day simple moving average of C$2.00 and a 200-day simple moving average of C$1.81.
New Gold (TSE:NGD - Get Free Report) ARCA: NGD last posted its earnings results on Tuesday, February 13th. The company reported C($0.01) EPS for the quarter, missing analysts' consensus estimates 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%. As a group, analysts predict that New Gold will post 0.1355088 earnings per share for the current year.
About New Gold
(
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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.
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