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High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
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After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
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The single greatest medical breakthrough of all time? (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
The single greatest medical breakthrough of all time? (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
The single greatest medical breakthrough of all time? (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
The single greatest medical breakthrough of all time? (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
NYSEAMERICAN:NGD

New Gold (NGD) Stock Forecast, Price & News

$0.98
-0.02 (-1.99%)
(As of 09/22/2023 ET)
Compare
Today's Range
$0.97
$1.02
50-Day Range
$1.04
$1.47
52-Week Range
$0.73
$1.48
Volume
1.72 million shs
Average Volume
1.38 million shs
Market Capitalization
$674.04 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$1.38

New Gold MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
39.6% Upside
$1.38 Price Target
Short Interest
Healthy
0.53% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.08mentions of New Gold in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
116.67%
From $0.06 to $0.13 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.14 out of 5 stars


NGD stock logo

About New Gold (NYSEAMERICAN:NGD) Stock

New Gold Inc., an intermediate gold mining company, engages in the exploration, development, and operation of mineral properties. It primarily explores for gold, silver, and copper deposits. The company's principal operating properties include 100% interests in the Rainy River mine located in Ontario, Canada; New Afton mine situated in British Columbia, Canada; and the Cerro San Pedro mine in San Luis Potosí, Mexico. New Gold Inc. was founded in 1980 and is headquartered in Toronto, Canada.

NGD Price History

NGD Stock News Headlines

Closing Bell: New Gold Inc flat on Wednesday (NGD)
Reverse ‘money machines’ popping up across America
If you’ve been to a concert venue, stadium, or airport, you’ve almost certainly walked by one without knowing. The experts are calling it a 'Reverse ATM' Why are these machines suddenly appearing out of nowhere? And what does it mean for your money?
New Gold (NYSEAMERICAN:NGD) Lowered to "Hold" at StockNews.com
New Gold (NYSEAMERICAN:NGD) Shares Gap Up to $1.00
Brokerages Set New Gold Inc. (NYSEAMERICAN:NGD) Price Target at $1.38
New Gold (NGD) Receives a Buy from RBC Capital
Reverse ‘money machines’ popping up across America
If you’ve been to a concert venue, stadium, or airport, you’ve almost certainly walked by one without knowing. The experts are calling it a 'Reverse ATM' Why are these machines suddenly appearing out of nowhere? And what does it mean for your money?
Closing Bell: New Gold Inc flat on Thursday (NGD)
New Gold (NGD) Q2 2023 Earnings Call Transcript
National Bank Sticks to Its Hold Rating for New Gold (NGD)
New Gold Reports 2023 Second Quarter Results
10 Best Gold Stocks Under $50
RBC Capital Remains a Buy on New Gold (NGD)
New Gold Publishes 2022 ESG Report
See More Headlines
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NGD Company Calendar

Last Earnings
7/26/2023
Today
9/24/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Metal mining
Sub-Industry
N/A
Current Symbol
NYSEAMERICAN:NGD
Employees
1,578
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$1.38
High Stock Price Forecast
$2.10
Low Stock Price Forecast
$1.00
Forecasted Upside/Downside
+39.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Net Income
$-66,800,000.00
Pretax Margin
-7.84%

Debt

Sales & Book Value

Annual Sales
$604.40 million
Cash Flow
$0.25 per share
Book Value
$1.41 per share

Miscellaneous

Free Float
682,929,000
Market Cap
$674.04 million
Optionable
Optionable
Beta
1.58
7 Stocks to Buy And Hold Forever Cover

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Key Executives

  • Mr. Patrick Godin Asc. (Age 54)
    B.Sc., Eng., M.Eng., P.Eng., CEO, Pres & Director
    Comp: $727.67k
  • Mr. Robert J. Chausse B.Com.
    C.A., CPA, Exec. VP & CFO
  • Mr. Sean Keating
    VP, Gen. Counsel & Corp. Sec.
  • Mr. Ankit Shah
    Exec. VP of Strategy & Bus. Devel.
  • Ms. Bethany Paige Borody
    VP of Sustainability
  • Mr. Yohann Bouchard
    Exec. VP & COO
  • Mr. Andrew Croal P.Eng
    Director of Technical Services
  • Mr. Brandon Throop
    Director of Investor Relations
  • Ms. Sharon Giraudel
    Director of HR
  • Mr. Jean-Francois Ravenelle
    VP of Geology













NGD Stock - Frequently Asked Questions

Should I buy or sell New Gold stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for New Gold in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" NGD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NGD, but not buy additional shares or sell existing shares.
View NGD analyst ratings
or view top-rated stocks.

What is New Gold's stock price forecast for 2023?

4 Wall Street analysts have issued 1 year price objectives for New Gold's stock. Their NGD share price forecasts range from $1.00 to $2.10. On average, they predict the company's share price to reach $1.38 in the next twelve months. This suggests a possible upside of 39.6% from the stock's current price.
View analysts price targets for NGD
or view top-rated stocks among Wall Street analysts.

How have NGD shares performed in 2023?

New Gold's stock was trading at $1.14 at the beginning of the year. Since then, NGD stock has decreased by 13.6% and is now trading at $0.9850.
View the best growth stocks for 2023 here
.

Are investors shorting New Gold?

New Gold saw a increase in short interest in August. As of August 31st, there was short interest totaling 3,590,000 shares, an increase of 18.9% from the August 15th total of 3,020,000 shares. Based on an average daily volume of 2,690,000 shares, the short-interest ratio is currently 1.3 days. Approximately 0.5% of the company's stock are short sold.
View New Gold's Short Interest
.

How were New Gold's earnings last quarter?

New Gold Inc. (NYSEAMERICAN:NGD) issued its quarterly earnings data on Wednesday, July, 26th. The basic materials company reported $0.02 earnings per share for the quarter. The basic materials company earned $184.40 million during the quarter. New Gold had a negative net margin of 7.93% and a positive trailing twelve-month return on equity of 1.10%.

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 CA (CA), Alexco Resource (AXU), Endologix (ELGX), BlackRock (BLK), Yamana Gold (AUY), Micron Technology (MU), Athabasca Oil (ATH), Chipotle Mexican Grill (CMG), First Cobalt (FCC) and Hecla Mining (HL).

What is New Gold's stock symbol?

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

Who are New Gold's major shareholders?

New Gold's stock is owned by a number of institutional and retail investors. Top institutional investors include Van ECK Associates Corp (9.51%), Renaissance Technologies LLC (2.31%), TSP Capital Management Group LLC (1.61%), Invenomic Capital Management LP (0.87%), JPMorgan Chase & Co. (0.73%) and TD Asset Management Inc (0.53%).

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is New Gold's stock price today?

One share of NGD stock can currently be purchased for approximately $0.99.

How much money does New Gold make?

New Gold (NYSEAMERICAN:NGD) has a market capitalization of $674.04 million and generates $604.40 million in revenue each year. The basic materials company earns $-66,800,000.00 in net income (profit) each year or ($0.08) on an earnings per share basis.

How many employees does New Gold have?

The company employs 1,578 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 official website for the company is www.newgold.com. The basic materials company can be reached via phone at (416) 324-6000, via email at info@newgold.com, or via fax at 416-324-9494.

This page (NYSEAMERICAN:NGD) was last updated on 9/24/2023 by MarketBeat.com Staff

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