NYSEAMERICAN:NGD New Gold (NGD) Stock Forecast, Price & News $1.23 0.00 (0.00%) (As of 06/5/2023 ET) Add Compare Share Share Today's Range$1.23▼$1.2650-Day Range$0.84▼$1.4752-Week Range$0.61▼$1.48Volume846,567 shsAverage Volume3.55 million shsMarket Capitalization$839.84 millionP/E RatioN/ADividend YieldN/APrice Target$1.48 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media New Gold MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside20.3% Upside$1.48 Price TargetShort InterestHealthy0.29% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.55Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth114.29%From $0.07 to $0.15 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.77 out of 5 stars 2.0 Analyst's Opinion Consensus RatingNew Gold has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $1.48, New Gold has a forecasted upside of 20.3% from its current price of $1.23.Amount of Analyst CoverageNew Gold has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.29% of the float of New Gold has been sold short.Short Interest Ratio / Days to CoverNew Gold has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in New Gold has recently increased by 10.61%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldNew Gold does not currently pay a dividend.Dividend GrowthNew Gold does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NGD. Previous Next 2.0 News and Social Media Coverage News SentimentNew Gold has a news sentiment score of 0.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 2 news articles for New Gold this week, compared to 2 articles on an average week.Search InterestOnly 9 people have searched for NGD on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.MarketBeat Follows2 people have added New Gold to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, New Gold insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.20% of the stock of New Gold is held by insiders.Percentage Held by InstitutionsOnly 31.92% of the stock of New Gold is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for New Gold are expected to grow by 114.29% in the coming year, from $0.07 to $0.15 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of New Gold is -12.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of New Gold is -12.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioNew Gold has a PEG Ratio of 3.87. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioNew Gold has a P/B Ratio of 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About New Gold (NYSEAMERICAN:NGD) StockNew 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.Read More 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. Email Address NGD Stock News HeadlinesJune 4, 2023 | americanbankingnews.comNew Gold (NYSEAMERICAN:NGD) Rating Increased to Buy at StockNews.comJune 2, 2023 | americanbankingnews.comNew Gold (NYSEAMERICAN:NGD) Trading Up 3.9%June 6, 2023 | Behind the Markets (Ad)BREAKING: The truth about war with ChinaForeign Affairs reports, "China is Now in a Prewar Tempo of Political and Military Preparations." China has one goal: take control of Taiwan, and an invasion could happen any day. I've identified 5 investments I believe are in immediate danger. But you can get out of them now - before it's too late.May 28, 2023 | finance.yahoo.comNew Gold (TSE:NGD investor five-year losses grow to 47% as the stock sheds CA$143m this past weekMay 28, 2023 | americanbankingnews.comNew Gold (NYSE:NGD) Stock Rating Lowered by StockNews.comMay 28, 2023 | americanbankingnews.comNew Gold (NYSE:NGD) Rating Lowered to Hold at StockNews.comMay 25, 2023 | americanbankingnews.comNew Gold (NYSEAMERICAN:NGD) Trading Down 3.1%May 23, 2023 | americanbankingnews.comNew Gold Inc. Forecasted to Earn Q1 2024 Earnings of $0.00 Per Share (NYSEAMERICAN:NGD)June 6, 2023 | Altimetry (Ad)Surprising "Twist" Hands Biden Landslide Re-election?This could make it harder than ever to hang onto the money you make as Progressives gain power, and America slides further towards Socialism.May 22, 2023 | americanbankingnews.comNew Gold Inc. (NYSEAMERICAN:NGD) Receives Average Recommendation of "Hold" from BrokeragesMay 19, 2023 | americanbankingnews.comNew Gold (NYSEAMERICAN:NGD) Shares Down 3.7% May 19, 2023 | americanbankingnews.comNew Gold (NYSE:NGD) Receives New Coverage from Analysts at StockNews.comMay 18, 2023 | msn.comMining stocks tumble as gold prices on track for worst week since OctoberMay 18, 2023 | americanbankingnews.comNew Gold (NYSE:NGD) versus Pretium Resources (NYSE:PVG) Head to Head ReviewMay 16, 2023 | americanbankingnews.comHead to Head Survey: New Gold (NYSE:NGD) and Sigma Lithium (NASDAQ:SGML)May 15, 2023 | theglobeandmail.comClosing Bell: New Gold Inc down on Monday (NGD)May 14, 2023 | msn.comNew Gold: Margins Bounce Back In Q1May 10, 2023 | theglobeandmail.comClosing Bell: New Gold Inc up on Wednesday (NGD)May 9, 2023 | markets.businessinsider.comRBC Capital Sticks to Its Buy Rating for New Gold (NGD)May 9, 2023 | theglobeandmail.comGold Is Expected to Linger Near Record Highs as Interest Rates Hit Their PeakMay 9, 2023 | finance.yahoo.comDrilling Now Completed at Recharge's Brussels Creek Project with Drilling Pending at the Pocitos Lithium Brine ProjectMay 2, 2023 | nasdaq.comTuesday's ETF Movers: GDX, KREMay 2, 2023 | americanbankingnews.comNational Bank Financial Research Analysts Increase Earnings Estimates for New Gold Inc. (NYSEAMERICAN:NGD)May 2, 2023 | americanbankingnews.comNew Gold (NYSE:NGD) Raised to Buy at StockNews.comMay 1, 2023 | seekingalpha.comNew Gold: A Solid Start In 2023May 1, 2023 | americanbankingnews.comNew Gold (NYSEAMERICAN:NGD) Upgraded to Buy by StockNews.comApril 28, 2023 | marketwatch.com2 TSX Gold Stocks I'm Buying Right NowSee More Headlines NGD Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NGD Company Calendar Last Earnings4/26/2023Today6/05/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSEAMERICAN Industry Metal mining Sub-IndustryN/A SectorBasic Materials Current SymbolNYSEAMERICAN:NGD CUSIPN/A CIK800166 Webwww.newgold.com Phone(416) 324-6000Fax416-324-9494Employees1,578Year FoundedN/APrice Target and Rating Average Stock Price Forecast$1.48 High Stock Price Forecast$2.00 Low Stock Price Forecast$0.90 Forecasted Upside/Downside+20.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.10) Trailing P/E RatioN/A Forward P/E Ratio17.57 P/E Growth3.87Net Income$-66,800,000.00 Net Margins-14.38% Pretax Margin-10.82% Return on Equity-1.81% Return on Assets-0.80% Debt Debt-to-Equity Ratio0.41 Current Ratio2.20 Quick Ratio1.53 Sales & Book Value Annual Sales$604.40 million Price / Sales1.39 Cash Flow$0.24 per share Price / Cash Flow5.18 Book Value$1.41 per share Price / Book0.87Miscellaneous Outstanding Shares682,800,000Free Float681,435,000Market Cap$839.84 million OptionableOptionable Beta1.53 Key ExecutivesPatrick GodinPresident, Chief Executive Officer & DirectorYohann BouchardChief Operating Officer & Executive VPRobert J. ChausseChief Financial Officer & Executive Vice PresidentLuke BuchananVice President-Technical ServicesSean KeatingSecretary, Vice President & General CounselKey CompetitorsFerroglobeNASDAQ:GSMNorth American PalladiumOTCMKTS:PALDFHudbay MineralsNYSE:HBMAmerican LithiumNASDAQ:AMLIAmerican LithiumOTCMKTS:LIACFView All CompetitorsInstitutional OwnershipJPMorgan Chase & Co.Sold 1,406,685 shares on 5/18/2023Ownership: 0.348%Alberta Investment Management CorpSold 198,100 shares on 5/16/2023Ownership: 0.066%Susquehanna International Group LLPSold 107,100 shares on 5/16/2023Ownership: 0.000%SIG North Trading ULCBought 14,400 shares on 5/16/2023Ownership: 0.000%Gotham Asset Management LLCSold 14,238 shares on 5/15/2023Ownership: 0.011%View All Institutional Transactions 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, 2 hold ratings and 1 buy rating 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 analysts have issued 1-year price objectives for New Gold's shares. Their NGD share price forecasts range from $0.90 to $2.00. On average, they predict the company's share price to reach $1.48 in the next year. This suggests a possible upside of 20.3% 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 the year. Since then, NGD stock has increased by 7.9% and is now trading at $1.23. View the best growth stocks for 2023 here. How were New Gold's earnings last quarter? New Gold Inc. (NYSEAMERICAN:NGD) released its quarterly earnings results on Wednesday, April, 26th. The basic materials company reported $0.03 EPS for the quarter, topping analysts' consensus estimates of $0.01 by $0.02. The basic materials company earned $201.60 million during the quarter. New Gold had a negative trailing twelve-month return on equity of 1.81% and a negative net margin of 14.38%. 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 (10.58%), Connor Clark & Lunn Investment Management Ltd. (2.44%), Renaissance Technologies LLC (2.14%), TSP Capital Management Group LLC (1.61%), American Century Companies Inc. (1.01%) and Bank of America Corp DE (0.74%). 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 $839.84 million and generates $604.40 million in revenue each year. The basic materials company earns $-66,800,000.00 in net income (profit) each year or ($0.10) on an earnings per share basis. How many employees does New Gold have? The company employs 1,578 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 6/6/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding New Gold Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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