NYSEAMERICAN:NGDNew 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 1 sell rating, 3 hold ratings and 3 buy ratings 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, August 6th 2020. View our earnings forecast for New Gold.

New Gold Inc (NYSEAMERICAN:NGD) issued its earnings results on Wednesday, April, 29th. The basic materials company reported ($0.03) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.02) by $0.01. The basic materials company earned $142.30 million during the quarter. View New Gold's earnings history.

7 Wall Street analysts have issued 1-year target prices for New Gold's shares. Their forecasts range from $0.55 to $2.10. On average, they expect New Gold's share price to reach $1.25 in the next year. This suggests that the stock has a possible downside of 4.6%. View analysts' price targets for New Gold.

Media coverage about NGD stock has trended extremely negative recently, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. 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 daily sentiment score of -4.3 on InfoTrie's scale. They also gave news articles about the basic materials company a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an impact on the stock's share price in the near term. View the latest news about New Gold.

New Gold saw a decrease in short interest in June. As of June 15th, there was short interest totaling 5,020,000 shares, a decrease of 35.9% from the May 31st total of 7,830,000 shares. Based on an average trading volume of 6,360,000 shares, the short-interest ratio is presently 0.8 days. Approximately 0.8% of the shares of the stock are sold short. View New Gold's Current Options Chain.

Some companies that are related to New Gold include Perseus Mining (PRU), Dundee Precious Metals (DPM), Gold Road Resources (GOR), Equinox Gold (EQX), Perseus Mining (PRU), Equitable Group (EQB), Resolute Mining (RSG), Petropavlovsk (POG), Acacia Mining (ACA), Ramelius Resources (RMS), Westgold Resources (WGX), Aura Minerals (ORA), Pure Gold Mining (PGM), Orla Mining (OLA) and Highland Gold Mining (HGM). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other New Gold investors own include CA (CA), Alexco Resource (AXU), BlackRock (BLK), Endologix (ELGX), Yamana Gold (AUY), Athabasca Oil (ATH), Chipotle Mexican Grill (CMG), First Cobalt (FCC), Micron Technology (MU) and Aegean Marine Petroleum Network (ANW).

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

New Gold's stock is owned by a variety of retail and institutional investors. Top institutional investors include Exane Derivatives (0.23%).

NGD stock was sold by a variety of institutional investors in the last quarter, including Exane Derivatives.

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 $1.31.

New Gold has a market capitalization of $885.56 million. New Gold employs 1,267 workers across the globe.

The official website for New Gold is 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]