NYSE:NGD New Gold (NGD) Stock Price, News & Analysis → This could mean the end of the U.S dollar… (From Colonial Metals) (Ad) Free NGD Stock Alerts $1.97 +0.08 (+4.23%) (As of 05/24/2024 ET) Add Compare Share Share Today's Range$1.91▼$2.0150-Day Range N/A52-Week Range$0.86▼$2.19Volume5.80 million shsAverage Volume10.90 million shsMarket Capitalization$1.56 billionP/E RatioN/ADividend YieldN/APrice Target$1.69 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial Media Get New Gold alerts: Email Address New Gold MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside14.2% Downside$1.69 Price TargetShort InterestHealthy0.88% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.80Based on 14 Articles This WeekInsider TradingN/AProj. Earnings Growth108.33%From $0.12 to $0.25 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.57 out of 5 starsBasic Materials Sector143rd out of 167 stocksMetal Mining Industry18th out of 22 stocks 1.3 Analyst's Opinion Consensus RatingNew Gold has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageNew Gold has only been the subject of 3 research reports in the past 90 days.Read more about New Gold's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.88% of the float of New Gold has been sold short.Short Interest Ratio / Days to CoverNew Gold has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in New Gold has recently decreased by 6.86%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldNew Gold does not currently pay a dividend.Dividend GrowthNew Gold does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NGD. Previous Next 3.2 News and Social Media Coverage News SentimentNew Gold has a news sentiment score of 0.80. 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 0.46 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 14 news articles for New Gold this week, compared to 3 articles on an average week.Search InterestOnly 6 people have searched for NGD on MarketBeat in the last 30 days. This is a decrease of -45% compared to the previous 30 days.MarketBeat Follows10 people have added New Gold to their MarketBeat watchlist in the last 30 days. This is an increase of 900% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, New Gold insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.20% of the stock of New Gold is held by insiders.Percentage Held by Institutions42.82% of the stock of New Gold is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about New Gold's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for New Gold are expected to grow by 108.33% in the coming year, from $0.12 to $0.25 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of New Gold is -19.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of New Gold is -19.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioNew Gold has a P/B Ratio of 2.12. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Prosper Trading Academy$1,500 to $9,400 in one month? (A.I. Trade List)This brand new A.I. Machine finds stocks and options trades which have had nearly PERFECT WIN RATES and gains as high as 1729%*Click here to reserve your free seat About New GoldNew 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. New Gold Inc. is headquartered in Toronto, Canada.Read More NGD Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NGD Stock News HeadlinesMay 25 at 2:38 AM | americanbankingnews.comRaymond James Weighs in on New Gold Inc.'s FY2024 Earnings (NYSE:NGD)May 24 at 11:52 AM | investorplace.comUnder $5 Gems: 3 Stocks Ready for a Radical RiseMay 22 at 4:28 AM | americanbankingnews.comNew Gold (NYSE:NGD) Rating Increased to Hold at TD SecuritiesMay 22 at 3:40 AM | americanbankingnews.comNew Gold (NYSE:NGD) Upgraded to Sector Outperform at ScotiabankMay 21, 2024 | markets.businessinsider.comAnalysts Offer Insights on Materials Companies: Ero Copper (ERO) and New Gold (NGD)May 21, 2024 | americanbankingnews.comNew Gold (NYSE:NGD) Upgraded by StockNews.com to BuyMay 18, 2024 | nz.finance.yahoo.comNGD Jun 2024 2.000 putMay 18, 2024 | americanbankingnews.comNew Gold Inc. (NYSE:NGD) Given Consensus Recommendation of "Hold" by BrokeragesMay 17, 2024 | prnewswire.comNEW GOLD COMPLETES US$173 MILLION BOUGHT DEAL FINANCINGMay 15, 2024 | prnewswire.comNEW GOLD ANNOUNCES RESULTS OF VOTE FOR ELECTION OF BOARD OF DIRECTORSMay 14, 2024 | ca.finance.yahoo.comCanadian Investment Regulatory Organization Trade Resumption - NGDMay 13, 2024 | finance.yahoo.comCanadian Investment Regulatory Organization Trading Halt - NGDMay 13, 2024 | msn.comNew Gold boosts stake in New Afton mine; launches $150M bought deal financingMay 13, 2024 | finance.yahoo.comNew Gold Increases Exposure in New Afton Copper/Gold Mine to 80% and Launches US$150 Million Bought Deal FinancingMay 2, 2024 | finanznachrichten.deNew Gold Inc.: New Gold Reports First Quarter 2024 ResultsMay 2, 2024 | finance.yahoo.comNew Gold First Quarter 2024 Earnings: Revenues Beat Expectations, EPS LagsMay 1, 2024 | investorplace.com7 Penny Stocks With the Potential to Make You an Overnight MillionaireMay 1, 2024 | seekingalpha.comNew Gold Inc. 2024 Q1 - Results - Earnings Call PresentationApril 30, 2024 | investorplace.comNGD Stock Earnings: New Gold Beats Revenue for Q1 2024April 30, 2024 | juniorminingnetwork.comNew Gold Reports First Quarter 2024 Results; Annual Guidance Tracking to Plan, Growth Projects Make Meaningful Strides Towards CompletionApril 30, 2024 | prnewswire.comNEW GOLD REPORTS FIRST QUARTER 2024 RESULTSApril 21, 2024 | finance.yahoo.comInvestors in New Gold (TSE:NGD) have seen splendid returns of 103% over the past five yearsApril 19, 2024 | seekingalpha.comNew Gold: Robust Cash Flow Upside, Potentially At Attractive Stock PricesApril 11, 2024 | investorplace.comIf You Can Only Buy One Penny Stock in April, It Better Be One of These 7 NamesApril 8, 2024 | msn.comGold looks ‘very vulnerable' to a setback, strategist says, after prices hit record highSee More Headlines Receive NGD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for New Gold and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings4/30/2024Today5/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBasic Materials Industry Metal mining Sub-IndustryN/A Current SymbolNYSE:NGD CUSIPN/A CIK800166 Webwww.newgold.com Phone416-324-6000Fax416-324-9494Employees1,578Year FoundedN/APrice Target and Rating Average Stock Price Target$1.69 High Stock Price Target$2.25 Low Stock Price Target$1.05 Potential Upside/Downside-14.2%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($0.10) Trailing P/E RatioN/A Forward P/E Ratio16.42 P/E GrowthN/ANet Income$-64,500,000.00 Net Margins-9.81% Pretax Margin-8.78% Return on Equity5.23% Return on Assets1.91% Debt Debt-to-Equity Ratio0.54 Current Ratio1.51 Quick Ratio0.89 Sales & Book Value Annual Sales$786.50 million Price / Sales1.98 Cash Flow$0.43 per share Price / Cash Flow4.58 Book Value$0.93 per share Price / Book2.12Miscellaneous Outstanding Shares790,470,000Free Float788,894,000Market Cap$1.56 billion OptionableN/A Beta1.53 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Patrick Godin Asc. (Age 55)B.Sc., Eng., M.Eng., P.Eng., CEO, President & Director Comp: $1.36MMr. Yohann BouchardExecutive VP & COOMr. Sean KeatingVP, General Counsel & Corporate SecretaryMr. Ankit ShahExecutive Vice President of Strategy & Business DevelopmentMr. Keith MurphyExecutive VP & CFOMr. Luke BuchananVice President of Technical ServicesMr. Brandon ThroopDirector of Investor RelationsMs. Sharon GiraudelHead of Human ResourcesMr. Jean-Francois RavenelleVice President of GeologyMr. Paul MellingTreasurerMore ExecutivesKey CompetitorsFerroglobeNASDAQ:GSMCritical MetalsNASDAQ:CRMLLithium AmericasNYSE:LACLithium Americas (Argentina)NYSE:LAACMetals AcquisitionNYSE:MTALView All CompetitorsInstitutional OwnershipVirtu Financial LLCBought 39,340 shares on 5/20/2024Ownership: 0.026%Coppell Advisory Solutions Corp.Bought 17,500 shares on 5/17/2024Ownership: 0.003%Invenomic Capital Management LPSold 221,758 shares on 5/16/2024Ownership: 1.432%Quadrature Capital LtdSold 75,500 shares on 5/15/2024Ownership: 0.226%Toronto Dominion BankSold 163,654 shares on 5/14/2024Ownership: 0.008%View All Institutional Transactions NGD Stock Analysis - Frequently Asked Questions Should I buy or sell New Gold stock right now? 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for New Gold in the last year. There are currently 3 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NGD shares. View NGD analyst ratings or view top-rated stocks. What is New Gold's stock price target for 2024? 6 Wall Street analysts have issued 1 year price targets for New Gold's shares. Their NGD share price targets range from $1.05 to $2.25. On average, they anticipate the company's share price to reach $1.69 in the next year. This suggests that the stock has a possible downside of 14.2%. View analysts price targets for NGD or view top-rated stocks among Wall Street analysts. How have NGD shares performed in 2024? New Gold's stock was trading at $1.82 at the beginning of the year. Since then, NGD shares have increased by 8.2% and is now trading at $1.97. View the best growth stocks for 2024 here. How were New Gold's earnings last quarter? New Gold Inc. (NYSE:NGD) released its quarterly earnings data on Tuesday, April, 30th. The company reported $0.02 EPS for the quarter, topping the consensus estimate of $0.01 by $0.01. The company earned $192.10 million during the quarter. New Gold had a negative net margin of 9.81% and a positive trailing twelve-month return on equity of 5.23%. What ETFs hold New Gold's stock? ETFs with the largest weight of New Gold (NYSE:NGD) stock in their portfolio include U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU), Global X Gold Explorers ETF (GOEX), iShares MSCI Global Gold Miners ETF (RING), VanEck Junior Gold Miners ETF (GDXJ), iShares MSCI Global Silver and Metals Miners ETF (SLVP), WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN), VanEck Gold Miners ETF (GDX) and Sprott Junior Gold Miners ETF (SGDJ). What other stocks do shareholders of New Gold own? Based on aggregate information from My MarketBeat watchlists, some companies that other New Gold investors own include Kratos Defense & Security Solutions (KTOS), Infinera (INFN), Himax Technologies (HIMX), Hudbay Minerals (HBM), Diebold Nixdorf (DBD), Cornerstone Building Brands (CNR), Cleveland-Cliffs (CLF), Coeur Mining (CDE), Bombardier (BBD) and Yamana Gold (AUY). Who are New Gold's major shareholders? New Gold's stock is owned by a variety of institutional and retail investors. Top institutional investors include Van ECK Associates Corp (10.51%), TSP Capital Management Group LLC (1.58%), Invenomic Capital Management LP (1.43%), Herr Investment Group LLC (0.54%), U S Global Investors Inc. (0.42%) and Oppenheimer & Close LLC (0.25%). How do I buy shares of New Gold? Shares of NGD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:NGD) was last updated on 5/25/2024 by MarketBeat.com Staff From Our PartnersThis could mean the end of the U.S dollar…Colonial MetalsUrgent Nvidia WarningAltimetryBiden FINISHED On June 13th?Paradigm PressWho are Nvidia’s New Silent Partners?Weiss RatingsJust $9 for a Year of Winning Market InsightsBehind the MarketsThe 1,000X Crypto PlaybookTrue Market InsidersClaim Your Complimentary Bitcoin RewardCrypto Swap Profits41 banks launch ‘crypto dollar’Stansberry Research Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding New Gold Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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