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

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

New Gold Inc (NYSEAMERICAN:NGD) announced its quarterly earnings data on Thursday, February, 13th. The basic materials company reported ($0.04) EPS for the quarter, meeting the Zacks' consensus estimate of ($0.04). The basic materials company earned $139.20 million during the quarter. View New Gold's Earnings History.

New Gold is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for New Gold.

7 equities research analysts have issued 1 year price targets for New Gold's shares. Their forecasts range from $0.60 to $1.50. On average, they expect New Gold's stock price to reach $1.03 in the next year. This suggests a possible upside of 16.1% from the stock's current price. View Analyst Price Targets for New Gold.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New Gold in the last year. There are currently 3 sell ratings, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for New Gold.

Media headlines about NGD stock have trended negative on Friday, according to InfoTrie. The research firm rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. New Gold earned a media sentiment score of -2.8 on InfoTrie's scale. They also gave media stories about the basic materials company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for New Gold.

New Gold saw a increase in short interest during the month of February. As of February 14th, there was short interest totalling 16,530,000 shares, an increase of 30.9% from the January 30th total of 12,630,000 shares. Based on an average trading volume of 2,330,000 shares, the days-to-cover ratio is currently 7.1 days. Approximately 2.6% of the shares of the company are sold short. View New Gold's Current Options Chain.

Some companies that are related to New Gold include Iamgold (IMG), ALACERGOLD/IDR UNRESTR (AQG), Regis Resources (RRL), Osisko gold royalties (OR), Alacer Gold (ASR), Torex Gold Resources (TXG), Sandstorm Gold (SSL), St Barbara (SBM), Equitable Group (EQB), OceanaGold (OGC), Centamin (CEY), OceanaGold (OGC), Wesdome Gold Mines (WDO), Equinox Gold (EQX) and Silver Lake Resources (SLR).

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), Micron Technology (MU), Yamana Gold (AUY) and NIC (EGOV).

New Gold's stock is owned by many different of retail and institutional investors. Top institutional shareholders 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., Renaissance Technologies LLC, Commerzbank Aktiengesellschaft FI and Sei Investments Co..

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 $0.89.

New Gold has a market capitalization of $601.60 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]