New Gold Stock Forecast, Price & News

New Gold (NYSEAMERICAN:NGD) Frequently Asked Questions

Is New Gold a buy right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New Gold in the last year. There are currently 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" New Gold stock. 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 analyst ratings for New Gold or view top-rated stocks.

Are investors shorting New Gold?

New Gold saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 6,050,000 shares, a decline of 25.6% from the October 31st total of 8,130,000 shares. Based on an average daily trading volume, of 8,010,000 shares, the short-interest ratio is currently 0.8 days. Currently, 1.0% of the company's stock are sold short.
View New Gold's Short Interest.

When is New Gold's next earnings date?

New Gold is scheduled to release its next quarterly earnings announcement on Wednesday, February 16th 2022.
View our earnings forecast for New Gold.

How were New Gold's earnings last quarter?

New Gold Inc. (NYSEAMERICAN:NGD) released its quarterly earnings data on Friday, November, 12th. The basic materials company reported $0.03 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.02 by $0.01. New Gold had a positive trailing twelve-month return on equity of 8.10% and a negative net margin of 0.82%.
View New Gold's earnings history.

What price target have analysts set for NGD?

8 Wall Street analysts have issued 12 month target prices for New Gold's stock. Their forecasts range from $1.50 to $3.25. On average, they anticipate New Gold's share price to reach $2.21 in the next twelve months. This suggests a possible upside of 58.9% from the stock's current price.
View analysts' price targets for New Gold or view top-rated stocks among Wall Street analysts.

Who are New Gold's key executives?

New Gold's management team includes the following people:

• Renaud Adams, President, Chief Executive Officer & Director
• Eric Vinet, Senior Vice President-Operations
• Robert J. Chausse, Chief Financial Officer & Executive Vice President
• Andrew Croal, Director-Technical Services
• Sean Keating, Secretary, Vice President & General Counsel

Who are some of New Gold's key competitors?

Some companies that are related to New Gold include Turquoise Hill Resources (TRQ), Exxaro Resources (EXXAY), Pretium Resources (PVG), Compañía de Minas Buenaventura S.A.A. (BVN), Hudbay Minerals (HBM), Centamin (CELTF), Ferroglobe (GSM), Nexa Resources (NEXA), North American Palladium (PALDF), TMC the metals (TMC), Fission Uranium (FCUUF), Jaguar Mining (JAGGD), Augusta Gold (BFGC), Americas Gold and Silver (USAS) and Dakota Territory Resource (DTRC).
View all of NGD's competitors.

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 Van ECK Associates Corp (10.33%), Renaissance Technologies LLC (2.44%), Connor Clark & Lunn Investment Management Ltd. (1.89%), TSP Capital Management Group LLC (1.54%), Morgan Stanley (0.95%) and Intact Investment Management Inc. (0.61%).

Which institutional investors are selling New Gold stock?

NGD stock was sold by a variety of institutional investors in the last quarter, including Intact Investment Management Inc., American Century Companies Inc., Van ECK Associates Corp, Two Sigma Advisers LP, Renaissance Technologies LLC, Two Sigma Investments LP, Evergreen Capital Management LLC, and Russell Investments Group Ltd..

Which institutional investors are buying New Gold stock?

NGD stock was purchased by a variety of institutional investors in the last quarter, including U S Global Investors Inc., Wellington Management Group LLP, Oppenheimer & Close LLC, Franklin Resources Inc., Empyrean Capital Partners LP, Millennium Management LLC, SG Americas Securities LLC, and Guggenheim Capital LLC.

How do I buy shares of New Gold?

Shares of NGD 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 $1.39.

How much money does New Gold make?

New Gold has a market capitalization of $946.39 million and generates $643.40 million in revenue each year. The basic materials company earns $-79.30 million in net income (profit) each year or ($0.01) on an earnings per share basis.

How many employees does New Gold have?

New Gold employs 1,590 workers across the globe.

What is New Gold's official website?

The official website for New Gold is www.newgold.com.

Where are New Gold's headquarters?

New Gold is headquartered at 181 Bay St Suite 3510, TORONTO, ON M5J 2T3, Canada.

How can I contact New Gold?

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 (416) 324-6000, via email at [email protected], or via fax at 416-324-9494.