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) posted its quarterly earnings results on Wednesday, April, 29th. The basic materials company reported ($0.03) earnings per share 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 12 month price objectives for New Gold's stock. Their forecasts range from $0.55 to $2.10. On average, they anticipate New Gold's share price to reach $1.25 in the next twelve months. This suggests that the stock has a possible downside of 2.3%. View analysts' price targets for New Gold.

Press coverage about NGD stock has trended somewhat positive recently, InfoTrie Sentiment reports. The research group scores the sentiment of press coverage by analyzing 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 media sentiment score of 1.0 on InfoTrie's scale. They also gave media coverage 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 effect on the company's share price in the immediate future. View the latest news aboutNew Gold.

New Gold saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 10,150,000 shares, a decrease of 30.0% from the April 30th total of 14,490,000 shares. Based on an average daily volume of 6,320,000 shares, the short-interest ratio is presently 1.6 days. Approximately 1.6% of the company's shares are short sold. View New Gold's Current Options Chain.

Some companies that are related to New Gold include Torex Gold Resources (TXG), Sandstorm Gold (SAND), Seabridge Gold (SEA), Gold Road Resources (GOR), Equinox Gold (EQX), Perseus Mining (PRU), Perseus Mining (PRU), Dundee Precious Metals (DPM), Equitable Group (EQB), Equinox Gold Cp (EQX), Resolute Mining (RSG), Acacia Mining (ACA), Highland Gold Mining (HGM), Ramelius Resources (RMS) and Westgold Resources (WGX). 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 Van ECK Associates Corp (10.67%), Kopernik Global Investors LLC (6.35%), Exor Investments UK LLP (4.57%), Russell Investments Group Ltd. (4.09%), Connor Clark & Lunn Investment Management Ltd. (1.87%) and Morgan Stanley (1.77%).

NGD stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Commerzbank Aktiengesellschaft FI, Deutsche Bank AG, Van ECK Associates Corp, Two Sigma Investments LP, Canada Pension Plan Investment Board, and Kopernik Global Investors LLC.

NGD stock was purchased by a variety of institutional investors in the last quarter, including Invesco Ltd., Russell Investments Group Ltd., Mackenzie Financial Corp, Schroder Investment Management Group, Jane Street Group LLC, TSP Capital Management Group LLC, Exane Derivatives, and Two Sigma Advisers LP.

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 $1.28.

New Gold has a market capitalization of $865.28 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]