QQQ   306.18 (-1.78%)
AAPL   154.50 (+2.44%)
MSFT   258.35 (-2.36%)
META   186.53 (-1.19%)
GOOGL   104.78 (-2.75%)
AMZN   103.39 (-8.43%)
TSLA   189.98 (+0.91%)
NVDA   211.00 (-2.81%)
NIO   11.19 (-6.44%)
BABA   106.33 (-3.11%)
AMD   86.09 (-2.51%)
T   19.83 (-2.22%)
F   13.23 (-7.61%)
MU   62.41 (-1.20%)
CGC   2.92 (-7.01%)
GE   81.96 (-2.36%)
DIS   110.71 (-2.21%)
AMC   6.08 (+0.00%)
PFE   44.06 (-0.63%)
PYPL   85.52 (-1.66%)
NFLX   365.90 (-0.27%)
QQQ   306.18 (-1.78%)
AAPL   154.50 (+2.44%)
MSFT   258.35 (-2.36%)
META   186.53 (-1.19%)
GOOGL   104.78 (-2.75%)
AMZN   103.39 (-8.43%)
TSLA   189.98 (+0.91%)
NVDA   211.00 (-2.81%)
NIO   11.19 (-6.44%)
BABA   106.33 (-3.11%)
AMD   86.09 (-2.51%)
T   19.83 (-2.22%)
F   13.23 (-7.61%)
MU   62.41 (-1.20%)
CGC   2.92 (-7.01%)
GE   81.96 (-2.36%)
DIS   110.71 (-2.21%)
AMC   6.08 (+0.00%)
PFE   44.06 (-0.63%)
PYPL   85.52 (-1.66%)
NFLX   365.90 (-0.27%)
QQQ   306.18 (-1.78%)
AAPL   154.50 (+2.44%)
MSFT   258.35 (-2.36%)
META   186.53 (-1.19%)
GOOGL   104.78 (-2.75%)
AMZN   103.39 (-8.43%)
TSLA   189.98 (+0.91%)
NVDA   211.00 (-2.81%)
NIO   11.19 (-6.44%)
BABA   106.33 (-3.11%)
AMD   86.09 (-2.51%)
T   19.83 (-2.22%)
F   13.23 (-7.61%)
MU   62.41 (-1.20%)
CGC   2.92 (-7.01%)
GE   81.96 (-2.36%)
DIS   110.71 (-2.21%)
AMC   6.08 (+0.00%)
PFE   44.06 (-0.63%)
PYPL   85.52 (-1.66%)
NFLX   365.90 (-0.27%)
QQQ   306.18 (-1.78%)
AAPL   154.50 (+2.44%)
MSFT   258.35 (-2.36%)
META   186.53 (-1.19%)
GOOGL   104.78 (-2.75%)
AMZN   103.39 (-8.43%)
TSLA   189.98 (+0.91%)
NVDA   211.00 (-2.81%)
NIO   11.19 (-6.44%)
BABA   106.33 (-3.11%)
AMD   86.09 (-2.51%)
T   19.83 (-2.22%)
F   13.23 (-7.61%)
MU   62.41 (-1.20%)
CGC   2.92 (-7.01%)
GE   81.96 (-2.36%)
DIS   110.71 (-2.21%)
AMC   6.08 (+0.00%)
PFE   44.06 (-0.63%)
PYPL   85.52 (-1.66%)
NFLX   365.90 (-0.27%)
NYSEAMERICAN:NGD

New Gold - NGD Stock Forecast, Price & News

$1.10
-0.06 (-5.17%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$1.08
$1.14
50-Day Range
N/A
52-Week Range
$0.61
$2.02
Volume
3.64 million shs
Average Volume
2.81 million shs
Market Capitalization
$750.51 million
P/E Ratio
7.86
Dividend Yield
N/A
Price Target
$1.47

New Gold MarketRank™ Forecast

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
33.6% Upside
$1.47 Price Target
Short Interest
Healthy
0.65% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.88mentions of New Gold in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.06) to $0.06 Per Share

Overall MarketRank

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

2.40 out of 5 stars

NGD stock logo

About New Gold (NYSEAMERICAN:NGD) Stock

New Gold, Inc. is a gold mining company, which engages in the operation, development and exploration of mineral properties. Its portfolio includes Rainy RIver, New Afton, and Cerro San Pedro. The company was founded on January 31, 1980 and is headquartered in Toronto, Canada.

Receive NGD Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for New Gold and its competitors with MarketBeat's FREE daily newsletter.

NGD Stock News Headlines

A gold storm is coming…
“We are in the early stages of a mania – the calm before the storm.”...
NGD.A - | Stock Price & Latest News | Reuters
New Gold Achieves Updated Production Guidance
Gold, silver prices rise in early trading
Gold Rush 2.0: New Found Gold Corp. Set For A Solid 2023
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
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)
See More Headlines
Receive NGD Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for New Gold and its competitors with MarketBeat's FREE daily newsletter.

NGD Company Calendar

Last Earnings
11/12/2021
Today
2/03/2023
Next Earnings (Estimated)
2/16/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Metal mining
Sub-Industry
N/A
Current Symbol
NYSEAMERICAN:NGD
Employees
1,566
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$1.47
High Stock Price Forecast
$2.00
Low Stock Price Forecast
$0.85
Forecasted Upside/Downside
+33.6%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$140.60 million
Pretax Margin
15.07%

Debt

Sales & Book Value

Annual Sales
$745.50 million
Cash Flow
$0.11 per share
Book Value
$1.40 per share

Miscellaneous

Free Float
680,912,000
Market Cap
$750.51 million
Optionable
Optionable
Beta
1.48

Key Executives

  • Patrick Godin
    President, CEO, COO & Executive Vice President
  • Robert J. Chausse
    Chief Financial Officer & Executive Vice President
  • Sean Keating
    Secretary, Vice President & General Counsel
  • Michele Della Libera
    Exploration Director
  • John Ritter
    General Manager-New Afton













NGD Stock - Frequently Asked Questions

Should I buy or sell New Gold stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for New Gold in the last twelve months. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" NGD shares. 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 NGD analyst ratings
or view top-rated stocks.

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

4 Wall Street analysts have issued 12-month price targets 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 $1.47 in the next twelve months. This suggests a possible upside of 33.6% 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 2023?

New Gold's stock was trading at $1.14 at the beginning of 2023. Since then, NGD stock has decreased by 3.5% and is now trading at $1.10.
View the best growth stocks for 2023 here
.

Are investors shorting New Gold?

New Gold saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 4,490,000 shares, an increase of 37.3% from the December 15th total of 3,270,000 shares. Based on an average daily volume of 2,970,000 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.7% of the company's shares are sold short.
View New Gold's Short Interest
.

When is New Gold's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our NGD earnings forecast
.

How were New Gold's earnings last quarter?

New Gold Inc. (NYSEAMERICAN:NGD) released its quarterly earnings results on Friday, November, 12th. The basic materials company reported $0.03 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $0.01. The basic materials company earned $179.80 million during the quarter. New Gold had a net margin of 15.68% and a trailing twelve-month return on equity of 0.50%.

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 many different institutional and retail investors. Top institutional shareholders include TSP Capital Management Group LLC (1.52%), U S Global Investors Inc. (0.34%), Bank of Montreal Can (0.31%), National Bank of Canada FI (0.21%), SG Americas Securities LLC (0.07%) and Hedges Asset Management LLC (0.07%).

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 $1.10.

How much money does New Gold make?

New Gold (NYSEAMERICAN:NGD) has a market capitalization of $750.51 million and generates $745.50 million in revenue each year. The basic materials company earns $140.60 million in net income (profit) each year or $0.14 on an earnings per share basis.

How many employees does New Gold have?

The company employs 1,566 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 2/3/2023 by MarketBeat.com Staff