New Gold Stock Price, News & Analysis (NYSEAMERICAN:NGD) $1.41 -0.09 (-6.00%) (As of 12/4/2023 ET) Add Compare Share Share Today's Range$1.40▼$1.5050-Day Range$1.04▼$1.4752-Week Range$0.82▼$1.52Volume4.84 million shsAverage Volume3.11 million shsMarket Capitalization$965.16 millionP/E RatioN/ADividend YieldN/APrice Target$1.66 Stock AnalysisStock AnalysisAnalyst ForecastsChartEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestStock AnalysisAnalyst ForecastsChartEarningsFinancialsHeadlinesOwnershipSEC FilingsShort Interest New Gold MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside17.7% Upside$1.66 Price TargetShort InterestHealthy0.20% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.59Based on 11 Articles This WeekInsider TradingN/AProj. Earnings Growth66.67%From $0.06 to $0.10 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.26 out of 5 stars 2.0 Analyst's Opinion Consensus RatingNew Gold has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $1.66, New Gold has a forecasted upside of 17.7% from its current price of $1.41.Amount of Analyst CoverageNew Gold has only been the subject of 3 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.20% 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 0.6, 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 53.38%, 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 3.1 News and Social Media Coverage News SentimentNew Gold has a news sentiment score of 0.59. 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 0.35 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 11 news articles for New Gold this week, compared to 2 articles on an average week.Search Interest10 people have searched for NGD on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 0.0 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 InstitutionsOnly 31.78% of the stock of New Gold is held by institutions. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for New Gold are expected to grow by 66.67% in the coming year, from $0.06 to $0.10 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of New Gold is -20.14, 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 -20.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioNew Gold has a PEG Ratio of 0.45. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioNew Gold has a P/B Ratio of 1.00. 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 About New Gold Stock (NYSEAMERICAN:NGD)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.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 HeadlinesDecember 4, 2023 | theglobeandmail.comMonday’s breakouts: This surging small-cap stock will soon be added to the TSX CompositeDecember 1, 2023 | theglobeandmail.comTwo technology companies whacked from Canada’s big stock indexDecember 4, 2023 | Financial Alphas (Ad)Recent Reports Are A Wake-Up Call For InvestorsAs the demand for lithium, an essential element to the energy revolution, increases globally, researchers are projecting a supply deficit as early as 2025. This has sparked a worldwide "gold rush" to find and develop new sources of this critical metal. Savvy investors are paying attention as mining companies race to meet this critical deadline.November 30, 2023 | finance.yahoo.comNew Gold Announces Appointment of Keith Murphy as Chief Financial OfficerNovember 30, 2023 | americanbankingnews.comNew Gold (NYSEAMERICAN:NGD) PT Raised to $1.75 at Raymond JamesNovember 30, 2023 | americanbankingnews.comFY2023 EPS Estimates for New Gold Inc. (NYSEAMERICAN:NGD) Increased by AnalystNovember 29, 2023 | msn.comShould You Buy New Gold (NGD) After Golden Cross?November 27, 2023 | benzinga.comThinking about buying stock in Turnstone Biologics, Iterum Therapeutics, New Gold, GeneDx Holdings, or Tempest Therapeutics?December 4, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 26, 2023 | americanbankingnews.comNew Gold (NYSEAMERICAN:NGD) Upgraded to "Buy" by StockNews.comNovember 25, 2023 | americanbankingnews.comNew Gold Inc. (NYSEAMERICAN:NGD) Receives Average Recommendation of "Hold" from AnalystsNovember 13, 2023 | finance.yahoo.comShareholders in New Gold (TSE:NGD) have lost 36%, as stock drops 8.7% this past weekOctober 31, 2023 | finance.yahoo.comAre You Looking for a Top Momentum Pick? Why New Gold (NGD) is a Great ChoiceOctober 31, 2023 | msn.com3 Reasons Growth Investors Will Love New Gold (NGD)October 27, 2023 | finance.yahoo.comNew Gold Inc. (AMEX:NGD) Q3 2023 Earnings Call TranscriptOctober 26, 2023 | finance.yahoo.comNew Gold (NGD) Q3 2023 Earnings Call TranscriptOctober 26, 2023 | msn.comNGD or AEM: Which Is the Better Value Stock Right Now?October 26, 2023 | finanznachrichten.deNew Gold Inc.: New Gold Reports 2023 Third Quarter ResultsOctober 25, 2023 | juniorminingnetwork.comNew Gold Reports 2023 Third Quarter Results; Consolidated 2023 Production Tracking to Top End of GuidanceOctober 25, 2023 | finance.yahoo.comNew Gold Reports 2023 Third Quarter ResultsOctober 24, 2023 | benzinga.comA Preview Of New Gold's EarningsOctober 23, 2023 | theglobeandmail.comClosing Bell: New Gold Inc flat on Monday (NGD)October 16, 2023 | markets.businessinsider.comNew Gold (NGD) Gets a Buy from RBC CapitalOctober 13, 2023 | msn.comGold Price Recovery Sends Mining Stocks SurgingOctober 12, 2023 | markets.businessinsider.comDelayed Returns and Execution Risks Reinforce Sell Rating for New Gold: A Comprehensive AnalysisOctober 10, 2023 | finance.yahoo.comNew Gold Outlines Opportunities to Extend C-Zone Beyond 2030, Presents Strategic Pipeline for Additional Mine Life Extension at New AftonOctober 6, 2023 | markets.businessinsider.comAnalysts Offer Insights on Materials Companies: New Gold (NGD), Hecla Mining Company (HL) and Sandstorm Gold (SAND)See 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 Earnings10/25/2023Today12/04/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSEAMERICAN Industry Metal mining Sub-IndustryN/A SectorBasic Materials Current SymbolNYSEAMERICAN:NGD CUSIPN/A CIK800166 Webwww.newgold.com Phone(416) 324-6000Fax416-324-9494Employees1,578Year FoundedN/APrice Target and Rating Average Stock Price Target$1.66 High Stock Price Target$2.25 Low Stock Price Target$1.05 Potential Upside/Downside+13.7%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.07) Trailing P/E RatioN/A Forward P/E Ratio24.33 P/E Growth0.45Net Income$-66,800,000.00 Net Margins-7.20% Pretax Margin-4.55% Return on Equity5.19% Return on Assets2.09% Debt Debt-to-Equity Ratio0.45 Current Ratio1.63 Quick Ratio1.00 Sales & Book Value Annual Sales$604.40 million Price / Sales1.65 Cash Flow$0.24 per share Price / Cash Flow6.03 Book Value$1.41 per share Price / Book1.04Miscellaneous Outstanding Shares684,510,000Free Float683,139,000Market Cap$999.38 million OptionableNot Optionable Beta1.58 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Patrick Godin Asc. (Age 54)B.Sc., Eng., M.Eng., P.Eng., CEO, President & Director Comp: $712.22kMr. Robert J. Chausse B.Com.C.A., CPA, Executive VP & CFOMr. Sean KeatingVP, General Counsel & Corporate SecretaryMr. Ankit ShahExecutive VP of Strategy & Business DevelopmentMs. Bethany Paige BorodyVice President of SustainabilityMr. Yohann BouchardExecutive VP & COOMr. Andrew Croal P.EngDirector of Technical ServicesMr. Brandon ThroopDirector of Investor RelationsMs. Sharon GiraudelHead of Human ResourcesMr. Jean-Francois RavenelleVice President of GeologyMore ExecutivesKey CompetitorsFerroglobeNASDAQ:GSMNorth American PalladiumOTCMKTS:PALDFLithium Americas (Argentina)NYSE:LAACNexa ResourcesNYSE:NEXACentaminOTCMKTS:CELTFView All CompetitorsInstitutional OwnershipAmerican Century Companies Inc.Bought 48,886 shares on 11/30/2023Ownership: 0.744%Deutsche Bank AGBought 556,765 shares on 11/24/2023Ownership: 0.413%Legal & General Group PlcSold 14,100 shares on 11/15/2023Ownership: 0.222%Royal Bank of CanadaBought 157,493 shares on 11/15/2023Ownership: 0.150%PEAK6 Investments LLCSold 128,373 shares on 11/14/2023Ownership: 0.190%View All Institutional Transactions NGD Stock Analysis - Frequently Asked Questions Should I buy or sell New Gold stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for New Gold in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 target for 2024? 5 Wall Street research analysts have issued 12-month 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 $1.66 in the next twelve months. This suggests a possible upside of 17.7% 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 increased by 23.7% and is now trading at $1.41. View the best growth stocks for 2023 here. Are investors shorting New Gold? New Gold saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 1,380,000 shares, a decrease of 53.4% from the October 31st total of 2,960,000 shares. Based on an average daily volume of 2,400,000 shares, the short-interest ratio is presently 0.6 days. Approximately 0.2% of the shares of the company are sold short. View New Gold's Short Interest. How were New Gold's earnings last quarter? New Gold Inc. (NYSEAMERICAN:NGD) announced its quarterly earnings data on Wednesday, October, 25th. The basic materials company reported $0.03 EPS for the quarter, meeting analysts' consensus estimates of $0.03. The basic materials company had revenue of $201.30 million for the quarter. New Gold had a positive trailing twelve-month return on equity of 5.19% and a negative net margin of 7.20%. 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). Who are New Gold's major shareholders? New Gold's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Van ECK Associates Corp (9.51%), American Century Companies Inc. (0.74%), TD Asset Management Inc (0.51%), Heartland Advisors Inc. (0.51%), Deutsche Bank AG (0.41%) and Deutsche Bank AG (0.41%). 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. This page (NYSEAMERICAN:NGD) was last updated on 12/4/2023 by MarketBeat.com Staff 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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