New Gold Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New Gold in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" New Gold stock. 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 analyst ratings for New Gold or view top-rated stocks.

Wall Street analysts have given New Gold a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but New Gold wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

New Gold is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
View our earnings forecast for New Gold.

New Gold Inc. (NYSEAMERICAN:NGD) released its quarterly earnings data on Thursday, February, 18th. The basic materials company reported $0.04 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.02 by $0.02. The basic materials company had revenue of $198.90 million for the quarter. New Gold had a negative trailing twelve-month return on equity of 4.10% and a negative net margin of 9.92%.
View New Gold's earnings history.

8 brokers have issued 1-year price objectives for New Gold's shares. Their forecasts range from $0.55 to $2.75. On average, they expect New Gold's share price to reach $1.73 in the next year. This suggests a possible upside of 7.1% from the stock's current price.
View analysts' price targets for New Gold or view top-rated stocks among Wall Street analysts.

Some companies that are related to New Gold include Turquoise Hill Resources (TRQ), Exxaro Resources (EXXAY), Compañía de Minas Buenaventura S.A.A. (BVN), Lithium Americas (LAC), MP Materials (MP), Pretium Resources (PVG), Hudbay Minerals (HBM), Centamin (CELTF), Nexa Resources (NEXA), North American Palladium (PALDF), Augusta Gold (BFGC), Sierra Metals (SMTS), Jaguar Mining (JAGGD), Jaguar Mining (JAGGF) and PolyMet Mining (PLM).
View all of NGD's competitors.

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 Co. (ATH.TO) (ATH), Chipotle Mexican Grill (CMG), First Cobalt Corp. (FCC.V) (FCC) and Hecla Mining (HL).

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 shareholders include Van ECK Associates Corp (10.85%), Renaissance Technologies LLC (2.94%), Kopernik Global Investors LLC (1.74%), TSP Capital Management Group LLC (1.55%), Morgan Stanley (0.96%) and Exor Investments UK LLP (0.90%).

NGD stock was sold by a variety of institutional investors in the last quarter, including Kopernik Global Investors LLC, Russell Investments Group Ltd., Ingalls & Snyder LLC, Exor Investments UK LLP, JPMorgan Chase & Co., Renaissance Technologies LLC, Intact Investment Management Inc., and Schroder Investment Management Group.

NGD stock was bought by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, U S Global Investors Inc., Canada Pension Plan Investment Board, ETF Managers Group LLC, Healthcare of Ontario Pension Plan Trust Fund, Healthcare of Ontario Pension Plan Trust Fund, Guggenheim Capital LLC, and CIBC Asset Management Inc.

Shares of NGD 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.

One share of NGD stock can currently be purchased for approximately $1.61.

New Gold has a market capitalization of $1.10 billion and generates $630.60 million in revenue each year. The basic materials company earns $-73,500,000.00 in net income (profit) each year or ($0.08) on an earnings per share basis.

New Gold employs 1,337 workers across the globe.

The official website for New Gold is www.newgold.com.

New Gold is headquartered at 181 Bay St Suite 3510, TORONTO, ON M5J 2T3, Canada.

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 (416) 324-6000 or via email at [email protected]