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) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates 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 price targets for New Gold's stock. Their forecasts range from $0.60 to $1.50. On average, they expect New Gold's share price to reach $1.01 in the next year. This suggests a possible upside of 33.5% 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 headlines about NGD stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. New Gold earned a news sentiment score of 2.0 on InfoTrie's scale. They also gave news stories about the basic materials company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for New Gold.

New Gold saw a increase in short interest in 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. Currently, 2.0% of the shares of the company are short sold. View New Gold's Current Options Chain.

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

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 number of of institutional and retail 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, Bank of Montreal Can, Toronto Dominion Bank and Schroder Investment Management Group.

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, Connor Clark & Lunn Investment Management Ltd., Renaissance Technologies LLC, Commerzbank Aktiengesellschaft FI, Sei Investments Co. and Bank of America Corp DE.

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 $0.76.

New Gold has a market capitalization of $513.73 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]