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) released its quarterly earnings data on Thursday, February, 13th. The basic materials company reported ($0.04) EPS for the quarter, meeting the Thomson Reuters' consensus estimate of ($0.04). The basic materials company had revenue of $139.20 million for 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.

8 Wall Street analysts have issued twelve-month target prices for New Gold's stock. Their forecasts range from $0.60 to $1.50. On average, they anticipate New Gold's share price to reach $1.01 in the next year. This suggests a possible upside of 26.8% from the stock's current price. View Analyst Price Targets for New Gold.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New Gold in the last year. There are currently 3 sell ratings, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for New Gold.

Media stories about NGD stock have trended very positive this week, according to InfoTrie. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news 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 daily sentiment score of 4.0 on InfoTrie's scale. They also assigned news headlines about the basic materials company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for New Gold.

New Gold saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 12,630,000 shares, an increase of 62.5% from the January 15th total of 7,770,000 shares. Based on an average daily trading volume, of 2,620,000 shares, the days-to-cover ratio is presently 4.8 days. Approximately 2.0% of the company's stock are sold short. View New Gold's Current Options Chain.

Some companies that are related to New Gold include Iamgold (IMG), OceanaGold (OGC), Alacer Gold (ASR), Equitable Group (EQB), Centamin (CEY), Sandstorm Gold (SSL), OceanaGold (OGC), Torex Gold Resources (TXG), Eldorado Gold (ELD), Gold Road Resources (GOR), Perseus Mining (PRU), Equinox Gold (EQX), Silver Lake Resources (SLR), Wesdome Gold Mines (WDO) and Perseus Mining (PRU).

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 a variety of of institutional and retail investors. Top institutional investors 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 $0.80.

New Gold has a market capitalization of $540.77 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]