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Estonia to buy US rocket artillery system in $200M deal
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Today Only: Get a 4K Camera Drone for Just $80
The 3-Stock Retirement Blueprint (Ad)
Pentagon debuts its new stealth bomber, the B-21 Raider
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Group of Seven nations and Australia join EU in setting $60-per-barrel price cap on Russian oil
EXPLAINER: What's the effect of Russian oil price cap, ban?
Why Your IRA Could Crash on January 16th? (Ad)
MarketBeat: Week in Review 11/28 – 12/02
Estonia to buy US rocket artillery system in $200M deal
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Today Only: Get a 4K Camera Drone for Just $80
The 3-Stock Retirement Blueprint (Ad)
Pentagon debuts its new stealth bomber, the B-21 Raider
Why CSL Ltd Stock Could Be Worth a Look
Why Your IRA Could Crash on January 16th? (Ad)
Group of Seven nations and Australia join EU in setting $60-per-barrel price cap on Russian oil
EXPLAINER: What's the effect of Russian oil price cap, ban?
Why Your IRA Could Crash on January 16th? (Ad)
MarketBeat: Week in Review 11/28 – 12/02
Estonia to buy US rocket artillery system in $200M deal
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Today Only: Get a 4K Camera Drone for Just $80
The 3-Stock Retirement Blueprint (Ad)
Pentagon debuts its new stealth bomber, the B-21 Raider
Why CSL Ltd Stock Could Be Worth a Look
Why Your IRA Could Crash on January 16th? (Ad)
Group of Seven nations and Australia join EU in setting $60-per-barrel price cap on Russian oil
EXPLAINER: What's the effect of Russian oil price cap, ban?
Why Your IRA Could Crash on January 16th? (Ad)
MarketBeat: Week in Review 11/28 – 12/02
Estonia to buy US rocket artillery system in $200M deal
NYSEAMERICAN:NGD

New Gold - NGD Stock Forecast, Price & News

$1.23
+0.05 (+4.24%)
(As of 12/2/2022 12:00 AM ET)
Add
Compare
Today's Range
$1.12
$1.25
50-Day Range
N/A
52-Week Range
$0.61
$2.02
Volume
5.84 million shs
Average Volume
5.36 million shs
Market Capitalization
$839.20 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$1.42

New Gold MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
15.4% Upside
$1.42 Price Target
Short Interest
Healthy
0.69% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.25mentions of New Gold in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
92.31%
From $0.13 to $0.25 Per Share

Overall MarketRank

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

1.92 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; and New Afton mine situated in British Columbia, Canada. It also operates the Cerro San Pedro mine in San Luis Potosí, Mexico. The company was incorporated in 1980 and is headquartered in Toronto, Canada.

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NGD Stock News Headlines

New Gold (NYSEAMERICAN:NGD) Trading 6.9% Higher
New Gold (NYSEAMERICAN:NGD) Stock Price Down 7.1%
New Gold Inc. (NGD) Q3 2022 Earnings Call Transcript
New Gold Reports 2022 Third Quarter Results
New Gold Reports 2022 Third Quarter Results
New Gold: Turnaround Thesis Remains Intact
New Gold: A Sigh Of Relief
RBC Capital Reaffirms Their Buy Rating on New Gold (NGD)
Closing Bell: New Gold Inc up on Thursday (NGD)
Closing Bell: New Gold Inc up on Friday (NGD)
New Gold Provides Rainy River Mine Update
New Gold (NGD) Q2 2022 Earnings Call Transcript
New Gold Reports 2022 Second Quarter Results
See More Headlines
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NGD Company Calendar

Last Earnings
11/03/2022
Today
12/03/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Metal Mining
Sub-Industry
N/A
Current Symbol
NYSEAMERICAN:NGD
Employees
1,590
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$1.42
High Stock Price Forecast
$2.00
Low Stock Price Forecast
$0.85
Forecasted Upside/Downside
+15.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$-79,300,000.00
Pretax Margin
-1.50%

Debt

Sales & Book Value

Annual Sales
$643.40 million
Cash Flow
$0.25 per share
Book Value
$1.16 per share

Miscellaneous

Free Float
N/A
Market Cap
$839.20 million
Optionable
Optionable
Beta
1.99

Key Executives

  • Mr. Renaud Adams P.Eng. (Age 52)
    Pres, CEO & Director
    Comp: $992.61k
  • Mr. Robert J. Chausse B.Com.
    C.A., CPA, Exec. VP & CFO
  • Mr. Sean Keating
    VP, Gen. Counsel & Corp. Sec.
  • Mr. Eric Vinet
    Sr. VP of Operations
  • Mr. Ankit Shah
    VP of Strategy and Bus. Devel.
  • Mr. Patrick Godin Asc.
    B.Sc., Eng., M.Eng., P.Eng., 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. John Ritter
    Gen. Mang. of New Afton













NGD Stock - Frequently Asked Questions

Should I buy or sell New Gold stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for New Gold in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" NGD shares.
View NGD analyst ratings
or view top-rated stocks.

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

6 analysts have issued 12 month price objectives for New Gold's shares. Their NGD share price forecasts range from $0.85 to $2.00. On average, they anticipate the company's share price to reach $1.42 in the next twelve months. This suggests a possible upside of 15.4% 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 2022?

New Gold's stock was trading at $1.64 on January 1st, 2022. Since then, NGD stock has decreased by 25.0% and is now trading at $1.23.
View the best growth stocks for 2022 here
.

Are investors shorting New Gold?

New Gold saw a decrease in short interest in November. As of November 15th, there was short interest totaling 4,710,000 shares, a decrease of 20.2% from the October 31st total of 5,900,000 shares. Based on an average trading volume of 3,210,000 shares, the short-interest ratio is currently 1.5 days. Approximately 0.7% of the company's stock are sold short.
View New Gold's Short Interest
.

How were New Gold's earnings last quarter?

New Gold Inc. (NYSEAMERICAN:NGD) posted its quarterly earnings data on Thursday, November, 3rd. The basic materials company reported ($0.02) EPS for the quarter, hitting analysts' consensus estimates of ($0.02). The basic materials company earned $151.20 million during the quarter. New Gold had a positive trailing twelve-month return on equity of 8.82% and a negative net margin of 4.45%.

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 shareholders include Van ECK Associates Corp (9.64%), Renaissance Technologies LLC (2.26%), Connor Clark & Lunn Investment Management Ltd. (2.01%), EdgePoint Investment Group Inc. (1.57%), TSP Capital Management Group LLC (1.52%) and U S Global Investors Inc. (0.47%).

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 $1.23.

How much money does New Gold make?

New Gold (NYSEAMERICAN:NGD) has a market capitalization of $839.20 million and generates $643.40 million in revenue each year. The basic materials company earns $-79,300,000.00 in net income (profit) each year or ($0.05) on an earnings per share basis.

How many employees does New Gold have?

The company employs 1,590 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 12/3/2022 by MarketBeat.com Staff