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

$3.23 0.07 (2.22 %)
(As of 11/18/2017 11:10 AM ET)
Previous Close$3.23
Today's Range$3.16 - $3.26
52-Week Range$2.39 - $4.41
Volume8.09 million shs
Average Volume4.81 million shs
Market Capitalization$1.9 billion
P/E Ratio67.2
Dividend YieldN/A
Beta0.11

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.


Industry, Sector and Symbol:
  • Industry: Integrated Mining
  • Sub-Industry: N/A
  • Sector: Integrated Mining
  • Symbol: NYSEAMERICAN:NGD
  • CUSIP: N/A
  • Web: www.newgold.com
Debt:
  • Debt-to-Equity Ratio: 0.42%
  • Current Ratio: 2.28%
  • Quick Ratio: 1.38%
Price-To-Earnings:
  • Trailing P/E Ratio: 67.2
  • Forward P/E Ratio: 64.60
  • P/E Growth: 13.01
Sales & Book Value:
  • Annual Sales: $683.8 million
  • Price / Sales: 2.73
  • Cash Flow: $0.68 per share
  • Price / Cash: 4.75
  • Book Value: $5.37 per share
  • Price / Book: 0.60
Profitability:
  • Trailing EPS: $0.10
  • Net Income: $3.57 million
  • Net Margins: 10.14%
  • Return on Equity: 0.98%
  • Return on Assets: 0.53%
Misc:
  • Employees: 1,667
  • Outstanding Shares: 577,800,000
 

Frequently Asked Questions for New Gold (NYSEAMERICAN:NGD)

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) released its quarterly earnings results on Wednesday, October, 25th. The basic materials company reported $0.01 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.01. The basic materials company earned $142.50 million during the quarter, compared to analyst estimates of $176.12 million. New Gold had a net margin of 10.14% and a return on equity of 0.98%. The business's revenue for the quarter was up 23.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.03 EPS. 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 2017?

9 brokers have issued 12-month target prices 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 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 increase in short interest during the month of October. As of October 31st, there was short interest totalling 6,262,407 shares, an increase of 5.1% from the October 13th total of 5,959,669 shares. Based on an average trading volume of 5,288,597 shares, the short-interest ratio is presently 1.2 days. Currently, 1.1% of the company's shares are sold short.

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 a number of of retail and institutional investors. Top institutional investors include Virtu Financial LLC (0.06%) and Cubist Systematic Strategies LLC (0.01%). View Institutional Ownership Trends for New Gold.

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

New Gold's stock was bought by a variety of institutional investors in the last quarter, including Virtu Financial LLC and Cubist Systematic Strategies 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 $3.23.

How big of a company is New Gold?

New Gold has a market capitalization of $1.9 billion and generates $683.8 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 (NYSEAMERICAN NGD)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  249 (Vote Outperform)
Underperform Votes:  303 (Vote Underperform)
Total Votes:  552
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

Analysts' Consensus Rating for New Gold (NYSEAMERICAN:NGD)

  (How are Consensus Ratings Calculated?)
Ratings Breakdown: 0 Sell Ratings, 5 Hold Ratings, 4 Buy Ratings, 0 Strong Buy Ratings
Consensus Rating:Hold (Score: 2.44)
Consensus Price Target: $4.14

Consensus Price Target History for New Gold (NYSEAMERICAN:NGD)

Price Target History for New Gold (NYSEAMERICAN:NGD)

Analysts' Ratings History for New Gold (NYSEAMERICAN:NGD)

Show:
DateFirmActionRatingPrice 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 Financial, Inc.Reiterated 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 America CorporationSet Price TargetHold$6.00View Rating Details
5/25/2016Dundee SecuritiesDowngradeNeutral -> SellView Rating Details
4/18/2016Barclays PLCUpgradeEqual 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
2/5/2016J P Morgan Chase & CoReiterated RatingNeutralView Rating Details
(Data available from 11/19/2015 forward)

Earnings

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

Earnings by Quarter for New Gold (NYSEAMERICAN:NGD)

Earnings History by Quarter for New Gold (NYSEAMERICAN NGD)

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/21/2018        
10/25/20179/30/2017$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
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
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for New Gold (NYSEAMERICAN:NGD)
Current Year EPS Consensus Estimate: $0.05 EPS
Next Year EPS Consensus Estimate: $0.14 EPS

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

Latest Headlines for New Gold (NYSEAMERICAN NGD)

Source:
No headlines for this company have been tracked by MarketBeat.com

Social Media

Social activity is not available for this stock.

Financials

Financials are not available for this stock.

Chart

New Gold (NYSEAMERICAN NGD) Chart for Sunday, November, 19, 2017
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This page was last updated on 11/19/2017 by MarketBeat.com Staff

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