New Gold Stock Price, News & Analysis (NYSEAMERICAN:NGD)

$3.11 0.00 (0.00 %)
(As of 01/19/2018 04:00 PM ET)
Previous Close$3.11
Today's Range$3.10 - $3.19
52-Week Range$2.39 - $4.41
Volume3.17 million shs
Average Volume4.78 million shs
Market Capitalization$1.79 billion
P/E Ratio31.10
Dividend YieldN/A
Beta0.08

About New Gold (NYSEAMERICAN:NGD)

New Gold logoNew Gold Inc. is an intermediate gold mining company. The Company is engaged in the development and operation of mineral properties. Its segments include New Afton, Mesquite, Peak Mines, Cerro San Pedro, Corporate and Other. It has operating mines in Canada, the United States, Australia and Mexico; development projects in Canada, and a stream on gold production from a development property in Chile. Its development projects include Rainy River and Blackwater projects, which are located in Canada. Its Rainy River project is a gold project located approximately 65 kilometers northwest of Fort Frances in northwestern Ontario, Canada. The Rainy River comprises approximately 192 square kilometers of various rights and claims. The Blackwater Project is located approximately 160 kilometers southwest of the city of Prince George in central British Columbia, Canada and 110 kilometers southwest of the town of Vanderhoof. The Blackwater project covers an area of over 1,000 square kilometers.

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Industry, Sector and Symbol

Industry Integrated Mining
Sub-IndustryN/A
SectorBasic Materials
SymbolNYSEAMERICAN:NGD
CUSIPN/A
Phone+1-416-3246000

Debt

Debt-to-Equity Ratio0.42%
Current Ratio2.28%
Quick Ratio1.38%

Price-To-Earnings

Trailing P/E Ratio31.1
Forward P/E Ratio62.20
P/E Growth13.01

Sales & Book Value

Annual Sales$683.80 million
Price / Sales2.63
Cash Flow$0.65 per share
Price / Cash4.75
Book Value$5.37 per share
Price / Book0.58

Profitability

Trailing EPS$0.10
Net Income$3.57 million
Net Margins20.49%
Return on Equity5.05%
Return on Assets2.77%

Miscellaneous

Employees1,667
Outstanding Shares577,800,000

New Gold (NYSEAMERICAN:NGD) Frequently Asked Questions

What is New Gold's stock symbol?

New Gold trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "NGD."

How were New Gold's earnings last quarter?

New Gold Inc. (NYSEAMERICAN:NGD) announced its earnings results on Wednesday, October, 25th. The basic materials company reported $0.01 earnings per share for the quarter, meeting the consensus estimate of $0.01. The basic materials company earned $142.50 million during the quarter, compared to the consensus estimate of $176.12 million. New Gold had a net margin of 20.49% and a return on equity of 5.05%. The business's quarterly revenue was up 23.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.03 earnings per share. View New Gold's Earnings History.

When will New Gold make its next earnings announcement?

New Gold is scheduled to release their next quarterly earnings announcement on Wednesday, February, 21st 2018. View Earnings Estimates for New Gold.

Where is New Gold's stock going? Where will New Gold's stock price be in 2018?

9 Wall Street analysts have issued 12-month price objectives for New Gold's stock. Their forecasts range from $3.30 to $5.00. On average, they expect New Gold's stock price to reach $4.14 in the next twelve months. View Analyst Ratings for New Gold.

What are Wall Street analysts saying about New Gold stock?

Here are some recent quotes from research analysts about New Gold stock:

  • 1. According to Zacks Investment Research, "New Gold Inc. is focused on the exploration and development of the Afton Copper-Gold Project, located 6 miles (10 km) west of Kamloops, British Columbia. " (10/3/2017)
  • 2. Credit Suisse Group AG analysts commented, "Reinstate coverage with US$3 TP and Underperform rating following research restriction. With NGD's US$173M equity raise (~10.7% dilution) and US$65M sale of El Morro, we estimate adequate liquidity to complete Rainy River (RR) down to ~US$1,100/oz. We had previously forecast a US$150M equity deal, thus our NAV/sh and OpCFa estimates are largely unchanged. We have rolled forward our NAV to 2017YE to capture RR's fully constructed value, offset by an increased net debt position. RR now represents 51% of our asset value. Our 2017 EPS increases to US$0.07 from $0.05." (3/16/2017)
  • 3. TD Securities analysts commented, "We are resuming coverage following the completion of New Gold’s $173mm equity financing." (3/14/2017)

Are investors shorting New Gold?

New Gold saw a decrease in short interest during the month of December. As of December 29th, there was short interest totalling 5,171,802 shares, a decrease of 19.0% from the December 15th total of 6,384,692 shares. Based on an average trading volume of 2,708,798 shares, the days-to-cover ratio is presently 1.9 days. Approximately 0.9% of the company's stock are short sold.

Who are some of New Gold's key competitors?

Who are New Gold's key executives?

New Gold's management team includes the folowing people:

  • Hannes Portmann, President, Chief Executive Officer (Age 37)
  • Paula Myson, Chief Financial Officer, Executive Vice President
  • Barry O'Shea, Vice President - Finance, Vice President - Business Development
  • Lisa Damiani, Vice President, General Counsel, Corporate Secretary
  • Mark A. Petersen, Vice President - Exploration (Age 54)
  • Peter Woodhouse, Vice President - Projects
  • Ian Wilton Pearce, Non-Executive Chairman of the Board (Age 60)
  • Randall Oliphant, Director (Age 57)
  • Marilyn Schonberner, Director
  • Raymond W. Threlkeld, Director (Age 70)

Who owns New Gold stock?

New Gold's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Ingalls & Snyder LLC (1.54%) and Hexavest Inc. (1.09%). View Institutional Ownership Trends for New Gold.

Who sold New Gold stock? Who is selling New Gold stock?

New Gold's stock was sold by a variety of institutional investors in the last quarter, including Hexavest Inc.. View Insider Buying and Selling for New Gold.

Who bought New Gold stock? Who is buying New Gold stock?

New Gold's stock was purchased by a variety of institutional investors in the last quarter, including Ingalls & Snyder LLC. View Insider Buying and Selling for New Gold.

How do I buy New Gold stock?

Shares of New Gold can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is New Gold's stock price today?

One share of New Gold stock can currently be purchased for approximately $3.11.

How big of a company is New Gold?

New Gold has a market capitalization of $1.79 billion and generates $683.80 million in revenue each year. The basic materials company earns $3.57 million in net income (profit) each year or $0.10 on an earnings per share basis. New Gold employs 1,667 workers across the globe.

How can I contact New Gold?

New Gold's mailing address is 181 Bay St Suite 3510, TORONTO, ON M5J 2T3, Canada. The basic materials company can be reached via phone at +1-416-3246000 or via email at [email protected]


MarketBeat Community Rating for New Gold (NGD)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  259 (Vote Outperform)
Underperform Votes:  311 (Vote Underperform)
Total Votes:  570
MarketBeat's community ratings are surveys of what our community members think about New Gold and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

New Gold (NYSEAMERICAN:NGD) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldHold
Consensus Rating Score: 2.442.442.442.20
Ratings Breakdown: 0 Sell Rating(s)
5 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
5 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
5 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
6 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $4.14$4.14$4.10$4.68
Price Target Upside: 13.47% upside13.47% upside14.85% upside51.29% upside

New Gold (NYSEAMERICAN:NGD) Consensus Price Target History

Price Target History for New Gold (NYSEAMERICAN:NGD)

New Gold (NYSEAMERICAN:NGD) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetDetails
10/23/2017Royal Bank of CanadaBoost Price TargetSector Perform$3.75 -> $4.25View Rating Details
10/20/2017Canaccord GenuityUpgradeHold -> BuyView Rating Details
9/29/2017ScotiabankBoost Price TargetSector Perform$3.00 -> $4.00View Rating Details
9/29/2017Credit Suisse GroupBoost Price TargetNeutral$3.00 -> $3.30View Rating Details
7/23/2017National Bank FinancialReiterated RatingSector Perform -> OutperformView Rating Details
6/15/2017Raymond James FinancialReiterated RatingMarket Perform$3.50View Rating Details
4/28/2017TD SecuritiesReiterated RatingBuy$5.00View Rating Details
3/13/2017DesjardinsInitiated CoverageBuyView Rating Details
1/31/2017GMP SecuritiesDowngradeBuy -> Hold$4.80View Rating Details
10/4/2016Bank of AmericaSet Price TargetHold$6.00View Rating Details
5/25/2016Dundee SecuritiesDowngradeNeutral -> SellView Rating Details
4/18/2016BarclaysUpgradeEqual Weight -> Overweight$3.00 -> $5.00View Rating Details
3/14/2016BMO Capital MarketsDowngradeOutperform -> Market PerformView Rating Details
2/21/2016CIBCReiterated RatingSector Perform$3.00 -> $3.50View Rating Details
2/5/2016JPMorgan Chase & Co.Reiterated RatingNeutralView Rating Details
(Data available from 1/20/2016 forward)

Earnings

New Gold (NYSEAMERICAN:NGD) Earnings History and Estimates Chart

Earnings by Quarter for New Gold (NYSEAMERICAN:NGD)

New Gold (NYSEAMERICAN NGD) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/21/2018        
10/25/2017Q3 2017$0.01$0.01$176.12 million$142.50 millionViewN/AView Earnings Details
7/26/20176/30/2017$0.02$0.02$181.17 million$185.60 millionViewN/AView Earnings Details
4/26/20173/31/2017$0.02$0.02$174.99 million$169.50 millionViewN/AView Earnings Details
2/15/2017Q416$0.01($0.04)$167.83 million$170.30 millionViewN/AView Earnings Details
10/27/2016Q316$0.02$0.03$179.10 million$178.70 millionViewN/AView Earnings Details
7/27/2016Q216$0.03$163.44 million$180.30 millionViewN/AView Earnings Details
4/27/2016Q1 2016$0.05ViewN/AView Earnings Details
2/17/2016Q415$0.01$0.01$200.50 million$199.00 millionViewN/AView Earnings Details
10/28/2015Q315$0.00($0.02)$193.87 million$177.30 millionViewListenView Earnings Details
4/29/2015Q115$0.01($0.01)$184.38 million$168.90 millionViewN/AView Earnings Details
2/19/2015Q414$0.01$0.03$208.81 millionViewN/AView Earnings Details
10/30/2014Q314$0.02($0.12)$202.53 million$169.30 millionViewN/AView Earnings Details
8/1/2014$0.02$0.02ViewN/AView Earnings Details
7/31/2014Q214$0.02$0.02$195.42 million$178.10 millionViewN/AView Earnings Details
4/30/2014Q114$0.02$0.04$200.16 million$190.50 millionViewN/AView Earnings Details
2/27/2014Q413$0.03$0.04$207.11 million$198.40 millionViewN/AView Earnings Details
2/6/2014Q413$0.04$0.12$232.48 millionViewN/AView Earnings Details
10/29/2013Q313$0.06$0.04$234.00 million$196.00 millionViewN/AView Earnings Details
7/31/2013Q213$0.06$0.01$241.60 million$183.50 millionViewN/AView Earnings Details
5/1/2013Q113$0.11$0.04$264.57 million$201.80 millionViewN/AView Earnings Details
2/28/2013Q412$0.13$0.11$289.91 million$250.90 millionViewN/AView Earnings Details
11/1/2012$0.13$0.09ViewN/AView Earnings Details
8/1/2012$0.10$0.10ViewN/AView Earnings Details
5/2/2012$0.10$0.10ViewN/AView Earnings Details
3/1/2012$0.10$0.09ViewN/AView Earnings Details
11/4/2011$0.11$0.11ViewN/AView Earnings Details
8/3/2011$0.11$0.12ViewN/AView Earnings Details
5/5/2011$0.12$0.12ViewN/AView Earnings Details
3/4/2011$0.13$0.19ViewN/AView Earnings Details
11/4/2010Q3 2010$0.07$0.05ViewN/AView Earnings Details
8/5/2010Q2 2010$0.06$0.04ViewN/AView Earnings Details
5/6/2010Q1 2010$0.04$0.04ViewN/AView Earnings Details
11/4/2009Q3 2009$0.02$0.02ViewN/AView Earnings Details
8/6/2009Q2 2009$0.01$0.04ViewN/AView Earnings Details
5/12/2009Q1 2009$0.02$0.06ViewN/AView Earnings Details
3/17/2009Q4 2008($0.06)$0.19ViewN/AView Earnings Details
11/12/2008Q3 2008$0.05$0.04ViewN/AView Earnings Details
5/13/2008Q1 2008$0.01ViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Estimates

New Gold (NYSEAMERICAN:NGD) Earnings Estimates

2018 EPS Consensus Estimate: $0.11
2019 EPS Consensus Estimate: $0.15
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20181$0.01$0.01$0.01
Q2 20182$0.02$0.04$0.03
Q3 20181$0.03$0.03$0.03
Q4 20182$0.03$0.04$0.04
Q1 20192$0.03$0.04$0.04
Q2 20192$0.03$0.04$0.04
Q3 20192$0.03$0.04$0.04
Q4 20191$0.04$0.04$0.04
(Earnings estimates data provided by Zacks Investment Research)

Dividends

Dividend History for New Gold (NYSEAMERICAN:NGD)


No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for New Gold (NYSEAMERICAN NGD)

No insider trades for this company have been tracked by MarketBeat.com

Headlines

New Gold (NYSEAMERICAN NGD) News Headlines

Source:
DateHeadline
New Gold Falls SharplyNew Gold Falls Sharply
finance.yahoo.com - January 19 at 5:18 PM
FY2018 EPS Estimates for New Gold Inc. (NGD) Lifted by Beacon SecuritiesFY2018 EPS Estimates for New Gold Inc. (NGD) Lifted by Beacon Securities
www.americanbankingnews.com - January 19 at 4:46 PM
New Gold fell sharplyNew Gold fell sharply
finance.yahoo.com - January 19 at 11:26 AM
FY2017 EPS Estimates for New Gold Inc. Reduced by National Bank Financial (NGD)FY2017 EPS Estimates for New Gold Inc. Reduced by National Bank Financial (NGD)
www.americanbankingnews.com - January 19 at 10:40 AM
New Gold Inc. (NGD) to Post FY2017 Earnings of $0.08 Per Share, Cormark ForecastsNew Gold Inc. (NGD) to Post FY2017 Earnings of $0.08 Per Share, Cormark Forecasts
www.americanbankingnews.com - January 19 at 10:40 AM
New Gold Delivers on 2017 Production and Cost Guidance and Provides 2018 OutlookNew Gold Delivers on 2017 Production and Cost Guidance and Provides 2018 Outlook
www.prnewswire.com - January 16 at 7:13 PM
New Gold Inc. (NGD) Short Interest UpdateNew Gold Inc. (NGD) Short Interest Update
www.americanbankingnews.com - January 11 at 1:22 AM
Short Interest in New Gold Inc. (NGD) Rises By 53.6%Short Interest in New Gold Inc. (NGD) Rises By 53.6%
www.americanbankingnews.com - December 27 at 6:40 PM
ETFs with exposure to New Gold, Inc. : December 26, 2017ETFs with exposure to New Gold, Inc. : December 26, 2017
finance.yahoo.com - December 26 at 1:50 PM
New Gold, Inc. – Value Analysis (NYSE AMERICAN:NGD) : December 26, 2017New Gold, Inc. – Value Analysis (NYSE AMERICAN:NGD) : December 26, 2017
finance.yahoo.com - December 26 at 1:50 PM
New Gold Inc. (NGD) Receives Average Rating of "Hold" from BrokeragesNew Gold Inc. (NGD) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - December 18 at 2:28 AM
New Gold Inc. (NGD) Expected to Post Q1 2019 Earnings of $0.03 Per ShareNew Gold Inc. (NGD) Expected to Post Q1 2019 Earnings of $0.03 Per Share
www.americanbankingnews.com - December 14 at 7:26 PM
ETFs with exposure to New Gold, Inc. : December 13, 2017ETFs with exposure to New Gold, Inc. : December 13, 2017
finance.yahoo.com - December 13 at 5:01 PM
New Gold Inc. (NGD) Forecasted to Post FY2017 Earnings of $0.05 Per ShareNew Gold Inc. (NGD) Forecasted to Post FY2017 Earnings of $0.05 Per Share
www.americanbankingnews.com - December 13 at 8:08 AM
Research Analysts Issue Forecasts for New Gold Inc.s FY2018 Earnings (NGD)Research Analysts Issue Forecasts for New Gold Inc.'s FY2018 Earnings (NGD)
www.americanbankingnews.com - December 12 at 4:58 PM
Short Interest in New Gold Inc. (NGD) Decreases By 13.3%Short Interest in New Gold Inc. (NGD) Decreases By 13.3%
www.americanbankingnews.com - December 12 at 2:26 AM
Short Interest in New Gold Inc. (NGD) Declines By 23.4%Short Interest in New Gold Inc. (NGD) Declines By 23.4%
www.americanbankingnews.com - November 27 at 9:30 PM
New Gold Inc. Expected to Earn FY2018 Earnings of $0.11 Per Share (NGD)New Gold Inc. Expected to Earn FY2018 Earnings of $0.11 Per Share (NGD)
www.americanbankingnews.com - November 23 at 3:38 PM

SEC Filings

New Gold (NYSEAMERICAN:NGD) SEC Filings

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Social Media

Financials

New Gold (NYSEAMERICAN:NGD) Income Statement, Balance Sheet and Cash Flow Statement

Chart

New Gold (NYSEAMERICAN NGD) Stock Chart for Saturday, January, 20, 2018

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This page was last updated on 1/20/2018 by MarketBeat.com Staff

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