NYSEAMERICAN:NGD - New Gold Stock Price, Forecast & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New Gold in the last year. There are currently 2 sell ratings, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for New Gold.

New Gold is scheduled to release its next quarterly earnings announcement on Thursday, April 23rd 2020. View our earnings forecast for New Gold.

New Gold Inc (NYSEAMERICAN:NGD) issued its earnings results on Thursday, February, 13th. The basic materials company reported ($0.04) EPS for the quarter, meeting the consensus estimate of ($0.04). The basic materials company had revenue of $139.20 million for the quarter. View New Gold's earnings history.

7 brokerages have issued 1-year target prices for New Gold's stock. Their forecasts range from $0.40 to $1.50. On average, they expect New Gold's stock price to reach $0.99 in the next year. This suggests a possible upside of 79.7% from the stock's current price. View analysts' price targets for New Gold.

News articles about NGD stock have trended negative this week, InfoTrie reports. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. New Gold earned a news sentiment score of -2.1 on InfoTrie's scale. They also assigned media stories about the basic materials company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutNew Gold.

New Gold saw a increase in short interest in March. As of March 13th, there was short interest totaling 16,536,400 shares, an increase of 10.6% from the February 27th total of 14,950,000 shares. Based on an average trading volume of 3,260,000 shares, the short-interest ratio is currently 5.1 days. Currently, 2.5% of the company's stock are sold short. View New Gold's Current Options Chain.

Some companies that are related to New Gold include Iamgold (IMG), Osisko gold royalties (OR), St Barbara (SBM), Sandstorm Gold (SSL), Centamin (CEY), Alacer Gold (ASR), Torex Gold Resources (TXG), Gold Road Resources (GOR), Teranga Gold (TGZ), Silver Lake Resources (SLR), Perseus Mining (PRU), Wesdome Gold Mines (WDO), OceanaGold (OGC), Equinox Gold (EQX) and Acacia Mining (ACA).

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), Athabasca Oil (ATH), Chipotle Mexican Grill (CMG), First Cobalt (FCC), Yamana Gold (AUY), Micron Technology (MU) and NIC (EGOV).

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

New Gold's stock is owned by a number of institutional and retail investors. Top institutional investors include Van ECK Associates Corp (11.19%), Kopernik Global Investors LLC (6.45%), Exor Investments UK LLP (4.58%), Russell Investments Group Ltd. (3.91%), Renaissance Technologies LLC (3.41%) and Connor Clark & Lunn Investment Management Ltd. (1.92%).

NGD stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Jane Street Group LLC, Oxford Asset Management LLP, Essex Investment Management Co. LLC, Ingalls & Snyder LLC, Geode Capital Management LLC, Bank of Montreal Can, and Toronto Dominion Bank.

NGD stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Kopernik Global Investors LLC, Exor Investments UK LLP, Intact Investment Management Inc., Connor Clark & Lunn Investment Management Ltd., Connor Clark & Lunn Investment Management Ltd., Renaissance Technologies LLC, and Commerzbank Aktiengesellschaft FI.

Shares of NGD 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, Robinhood, Fidelity, and Charles Schwab.

One share of NGD stock can currently be purchased for approximately $0.55.

New Gold has a market capitalization of $373.06 million. New Gold employs 1,267 workers across the globe. View additional information about New Gold.

The official website for New Gold is http://www.newgold.com/.

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]