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S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
Biden’s Big Lie… (Ad)pixel
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
Biden’s Big Lie… (Ad)pixel
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
Biden’s Big Lie… (Ad)pixel
Is Braze, Inc Ready To Rocket Higher? 
Many electric vehicles to lose big tax credit with new rules
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
Biden’s Big Lie… (Ad)pixel
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
Biden’s Big Lie… (Ad)pixel
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
Biden’s Big Lie… (Ad)pixel
Is Braze, Inc Ready To Rocket Higher? 
Many electric vehicles to lose big tax credit with new rules
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
Biden’s Big Lie… (Ad)pixel
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
Biden’s Big Lie… (Ad)pixel
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
Biden’s Big Lie… (Ad)pixel
Is Braze, Inc Ready To Rocket Higher? 
Many electric vehicles to lose big tax credit with new rules
NYSEAMERICAN:NGD

New Gold - NGD Stock Forecast, Price & News

$1.10
-0.05 (-4.35%)
(As of 03/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$1.08
$1.15
50-Day Range
N/A
52-Week Range
$0.61
$1.99
Volume
1.97 million shs
Average Volume
3.47 million shs
Market Capitalization
$751.06 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$1.48

New Gold MarketRank™ Forecast

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
34.5% Upside
$1.48 Price Target
Short Interest
Healthy
0.52% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
62.50%
From $0.08 to $0.13 Per Share

Overall MarketRank

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

2.21 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.

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NGD Stock News Headlines

[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
New Gold: 2023 Guidance Offers A Sliver Of Hope
NGD New Gold Inc.
New Gold Inc. (NGD) Q4 2022 Earnings Call Transcript
BREAKING: Tiny biotech successfully treats blindness
There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.
New Gold (NGD) Q4 2022 Earnings Call Transcript
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
New Gold Inc. (NGD) Q3 2022 Earnings Call Transcript
New Gold Reports 2022 Third Quarter Results
See More Headlines
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NGD Company Calendar

Last Earnings
2/16/2023
Today
3/31/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Metal mining
Sub-Industry
N/A
Current Symbol
NYSEAMERICAN:NGD
Employees
1,578
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$1.48
High Stock Price Forecast
$2.00
Low Stock Price Forecast
$0.90
Forecasted Upside/Downside
+34.5%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$-66,800,000.00
Pretax Margin
-10.82%

Debt

Sales & Book Value

Annual Sales
$604.40 million
Cash Flow
$0.31 per share
Book Value
$1.41 per share

Miscellaneous

Free Float
681,416,000
Market Cap
$751.06 million
Optionable
Optionable
Beta
1.49

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?

5 Wall Street equities 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 2 buy ratings for the stock. The consensus among Wall Street equities 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?

5 brokers have issued 1 year target prices for New Gold's stock. Their NGD share price forecasts range from $0.90 to $2.00. On average, they expect the company's share price to reach $1.48 in the next twelve months. This suggests a possible upside of 34.5% 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 shares have 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 during the month of February. As of February 28th, there was short interest totaling 3,930,000 shares, an increase of 61.1% from the February 13th total of 2,440,000 shares. Based on an average daily volume of 2,980,000 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.6% of the shares of the stock are short sold.
View New Gold's Short Interest
.

How were New Gold's earnings last quarter?

New Gold Inc. (NYSEAMERICAN:NGD) announced its earnings results on Thursday, February, 16th. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.01). The basic materials company had revenue of $162.80 million for the quarter. New Gold had a negative trailing twelve-month return on equity of 2.67% and a negative net margin of 11.05%.

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 (9.71%), Connor Clark & Lunn Investment Management Ltd. (2.37%), Renaissance Technologies LLC (2.09%), Sprott Inc. (2.00%), Amundi (1.56%) and TSP Capital Management Group LLC (1.52%).

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 $751.06 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 4/1/2023 by MarketBeat.com Staff