New Gold (NGD) Stock Price, News & Analysis

Company Overview

New Gold Inc is a Canadian-based intermediate precious metals producer focused on the exploration, development and operation of gold and copper mining assets. The company was formed in 2008 through the merger of two exploration firms and has since grown into a multi-asset mining platform. Headquartered in Toronto, New Gold emphasizes a disciplined approach to capital allocation and operational execution, with a commitment to environmental stewardship and strong community relations.

New Gold’s principal producing assets include the New Afton Mine in British Columbia and the Rainy River Mine in northwestern Ontario. New Afton, a block cave operation, produces a blend of gold, copper and silver concentrates, while Rainy River is an open-pit and underground gold mine that also generates silver by-product credits. Both sites incorporate modern processing facilities and employ technologies designed to optimize recoveries and reduce environmental impact.

In addition to its operating mines, New Gold has advanced development projects and exploration initiatives in Canada. The company continues to assess regional exploration targets near its operating sites and evaluates potential acquisitions that align with its focus on risk-adjusted returns. Over the years, Asset divestments, including the sale of its former Mexican interest, have sharpened New Gold’s geographic footprint and reinforced its Canadian portfolio.

New Gold is led by President and Chief Executive Officer Renaud Adams, supported by an experienced management team with backgrounds in mining engineering, geology and finance. The firm trades on the Toronto Stock Exchange and the NYSE American under the symbol NGD and maintains a strong emphasis on governance practices, health and safety, and transparent stakeholder communications.

Key Stats

• Today's Range: $9.03 to $9.03
• 50-Day Range: $9.03 to $13.42
• 52-Week Range: $3.26 to $13.63
• Volume: 111 shs
• Average Volume: 19.81 million shs
• Market Capitalization: $7.15 billion
• P/E Ratio: 69.47
• Dividend Yield: N/A
• Price Target: $10.31
• Consensus Rating: Buy

New Gold Stock Analysis - MarketRank™

New Gold scored higher than 33% of companies evaluated by MarketBeat, and ranked 146th out of 181 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.6 / 5
• Analyst Rating: Buy

Consensus Rating

New Gold has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 strong buy rating, 4 buy ratings, 1 hold rating, and no sell ratings.

Upside Potential

New Gold has a consensus price target of $10.31, representing about 14.2% upside from its current price of $9.03.

Amount of Analyst Coverage

New Gold has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 112.00%

Earnings Growth

Earnings for New Gold are expected to grow by 112.00% in the coming year, from $0.25 to $0.53 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of New Gold is 69.47, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 44.78.

Price to Earnings Ratio vs. Sector

The P/E ratio of New Gold is 69.47, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 22.94.

Price to Book Value per Share Ratio

New Gold has a P/B Ratio of 4.96. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for NGD.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

New Gold does not currently pay a dividend.

Dividend Growth

New Gold does not have a long track record of dividend growth.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

MarketBeat Follows

2 people have added New Gold to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 0.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, New Gold insiders have not sold or bought any company stock.

Percentage Held by Insiders

0.20% of the stock of New Gold is held by insiders.

Percentage Held by Institutions

42.82% of the stock of New Gold is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 10/29/2024
• Today: 5/25/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Metal mining
• Sub-Industry: Non-Metallic And Industrial Metal Mining
• Current Symbol: NYSE:NGD
• Previous Symbol: NYSE:NGD
• CIK: 800166
• Web: www.newgold.com
• Phone: 416-324-6000
• Fax: 416-324-9494
• Employees: 1,570
• Year Founded: 1980

Price Target and Rating

• Average Price Target for New Gold: $10.31
• High Price Target: $12.75
• Low Price Target: $7.00
• Potential Upside/Downside: +14.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): $1.09
• Trailing P/E Ratio: 69.47
• Forward P/E Ratio: 36.12
• P/E Growth: N/A
• Net Income: -$64.50 million
• Net Margins: 11.10%
• Pretax Margin: 9.00%
• Return on Equity: 13.70%
• Return on Assets: 6.31%

Debt

• Debt-to-Equity Ratio: 0.38
• Current Ratio: 1.39
• Quick Ratio: 0.84

Sales & Book Value

• Annual Sales: $1.24 billion
• Price / Sales: 5.76
• Cash Flow: $1.87 per share
• Price / Cash Flow: 4.82
• Book Value: $1.82 per share
• Price / Book: 4.96

Miscellaneous

• Outstanding Shares: 791,860,000
• Free Float: 789,348,000
• Market Cap: $7.15 billion
• Optionable: N/A
• Beta: 0.57