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NYSE:NGD

New Gold (NGD) Stock Price, News & Analysis

$2.20
+0.12 (+5.77%)
(As of 04:30 PM ET)
Today's Range
$2.08
$2.31
50-Day Range
N/A
52-Week Range
$0.86
$2.31
Volume
23.28 million shs
Average Volume
7.48 million shs
Market Capitalization
$1.74 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$1.69

New Gold MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
23.5% Downside
$1.69 Price Target
Short Interest
Healthy
0.88% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.49mentions of New Gold in the last 14 days
Based on 17 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
75.00%
From $0.12 to $0.21 Per Share

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.

1.30 out of 5 stars

Basic Materials Sector

143rd out of 172 stocks

Metal Mining Industry

18th out of 22 stocks

About New Gold

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. New Gold Inc. is headquartered in Toronto, Canada.

NGD Stock Price History

NGD Stock News Headlines

Star Royalties Reports Q1 2024 Financial Results
7 Gold Stocks to Buy Amid Alarming Fear Trade Signals
Under $5 Gems: 3 Stocks Ready for a Radical Rise
New Gold (NYSE:NGD) Upgraded by StockNews.com to Buy
NGD Jun 2024 2.000 put
NGD Stock Earnings: New Gold Beats Revenue for Q1 2024
See More Headlines
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Company Calendar

Last Earnings
4/30/2024
Today
5/30/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Metal mining
Sub-Industry
N/A
Employees
1,578
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$1.69
High Stock Price Target
$2.25
Low Stock Price Target
$1.05
Potential Upside/Downside
-23.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$-64,500,000.00
Pretax Margin
-8.78%

Debt

Sales & Book Value

Annual Sales
$786.50 million
Cash Flow
$0.43 per share
Book Value
$0.93 per share

Miscellaneous

Free Float
788,894,000
Market Cap
$1.74 billion
Optionable
N/A
Beta
1.53
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Key Executives

  • Mr. Patrick Godin Asc. (Age 55)
    B.Sc., Eng., M.Eng., P.Eng., CEO, President & Director
    Comp: $1.36M
  • Mr. Yohann Bouchard
    Executive VP & COO
  • Mr. Sean Keating
    VP, General Counsel & Corporate Secretary
  • Mr. Ankit Shah
    Executive Vice President of Strategy & Business Development
  • Mr. Keith Murphy
    Executive VP & CFO
  • Mr. Luke Buchanan
    Vice President of Technical Services
  • Mr. Brandon Throop
    Director of Investor Relations
  • Ms. Sharon Giraudel
    Head of Human Resources
  • Mr. Jean-Francois Ravenelle
    Vice President of Geology
  • Mr. Paul Melling
    Treasurer

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 twelve months. 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 objectives for New Gold's shares. Their NGD share price targets range from $1.05 to $2.25. On average, they expect the company's stock price to reach $1.69 in the next year. This suggests that the stock has a possible downside of 23.5%.
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 on January 1st, 2024. Since then, NGD stock has increased by 21.4% and is now trading at $2.21.
View the best growth stocks for 2024 here
.

How were New Gold's earnings last quarter?

New Gold Inc. (NYSE:NGD) posted its earnings results 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 had revenue of $192.10 million for 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 other stocks do shareholders of New Gold own?
Who are New Gold's major shareholders?

New Gold's stock is owned by many different retail and institutional 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 5/30/2024 by MarketBeat.com Staff

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