NYSEAMERICAN:NGD New Gold (NGD) Stock Price, News & Analysis → Trump’s “Tax Free” Retirement Strategy (From Gold Safe Exchange) (Ad) Free NGD Stock Alerts $1.68 +0.10 (+6.31%) (As of 03/27/2024 ET) Add Compare Share Share Today's Range$1.58▼$1.7050-Day Range N/A52-Week Range$0.86▼$1.76Volume7.93 million shsAverage Volume5.37 million shsMarket Capitalization$1.16 billionP/E RatioN/ADividend YieldN/APrice Target$1.55 Stock AnalysisStock AnalysisAnalyst ForecastsChartEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestStock AnalysisAnalyst ForecastsChartEarningsFinancialsHeadlinesOwnershipSEC FilingsShort Interest Get New Gold alerts: Email Address New Gold MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside8.0% Downside$1.55 Price TargetShort InterestHealthy0.60% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth133.33%From $0.06 to $0.14 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.77 out of 5 stars 1.0 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 $1.55, New Gold has a forecasted downside of 8.0% from its current price of $1.69.Amount of Analyst CoverageNew Gold has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.60% 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 0.8, 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 0.26%, indicating that investor sentiment is decreasing. 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 3.1 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 is a higher news sentiment than the 0.36 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 1 news article for New Gold this week, compared to 2 articles on an average week.Search Interest12 people have searched for NGD on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.MarketBeat Follows3 people have added New Gold to their MarketBeat watchlist in the last 30 days. Previous Next 0.8 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 Institutions42.82% of the stock of New Gold is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for New Gold are expected to grow by 133.33% in the coming year, from $0.06 to $0.14 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of New Gold is -18.72, 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 -18.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioNew Gold has a P/B Ratio of 1.47. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeTrump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.Protect your retirement savings from the inevitable devaluation of the dollar… About New Gold Stock (NYSEAMERICAN:NGD)New Gold Inc., an intermediate gold mining company, develops and operates of mineral properties in Canada. It primarily explores for gold, silver, and copper deposits. The company's principal operating properties include 100% interest in the Rainy River mine located in Northwestern Ontario, Canada; and New Afton project situated in South-Central British Columbia. New Gold Inc. is headquartered in Toronto, Canada.Read More NGD Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NGD Stock News HeadlinesMarch 12, 2024 | finanznachrichten.deTalisker Resources Ltd.: Talisker Signs Definitive Ore Purchase Agreement with New Gold Inc.March 12, 2024 | financialpost.comTalisker Signs Definitive Ore Purchase Agreement with New Gold Inc.March 28, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.March 11, 2024 | msn.comMiners help TSX hold just above the flatlineMarch 11, 2024 | seekingalpha.comLundin Gold: A Solid Buy-The-Dip CandidateMarch 8, 2024 | fool.comWhy AngloGold Ashanti, Iamgold, and New Gold Are Soaring This WeekFebruary 22, 2024 | businesswire.comNew Found Intercepts 3.2 g/t Au Over 43.8m and 10.3 g/t Au Over 13m at Keats West & Defines a New Gold Domain at Cokes ZoneFebruary 17, 2024 | finance.yahoo.comNGD Mar 2024 1.000 putMarch 28, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.February 14, 2024 | msn.comNew Gold slides on Q4 loss; sees higher copper production this yearFebruary 14, 2024 | msn.comNew Gold (NGD) Q4 Earnings Miss Estimates, Sales Rise Y/YFebruary 14, 2024 | fool.comNew Gold (NGD) Q4 2023 Earnings Call TranscriptFebruary 13, 2024 | finance.yahoo.comNEW GOLD REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTSFebruary 13, 2024 | prnewswire.comNEW GOLD REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTSFebruary 12, 2024 | benzinga.comNew Gold's Earnings OutlookFebruary 12, 2024 | benzinga.comNew Gold's Earnings: A PreviewFebruary 8, 2024 | finance.yahoo.comNew Gold (NGD) Gears Up to Post Q4 Earnings: What's in Store?February 8, 2024 | finance.yahoo.comNEW GOLD OUTLINES SIGNIFICANT FREE CASH FLOW GENERATION PROFILE SUPPORTED BY IMPROVING PRODUCTION AND DECREASING COSTS OVER THE NEXT THREE YEARSJanuary 30, 2024 | msn.comTSX higher by late afrernoon trade on commodities boostJanuary 30, 2024 | msn.comLive updates | Fighting across Gaza as UN aid agency faces more cutsJanuary 30, 2024 | msn.comIn a ‘grabby market,’ investors should start looking at cash and gold, says DoubleLine’s GundlachJanuary 22, 2024 | wsj.comGold Steady, Supported by Demand Ahead of Lunar New YearJanuary 22, 2024 | investing.comNew Gold Inc (NGD)January 11, 2024 | markets.businessinsider.comAnalyst Issues Sell Rating for New Gold (NGD) Amid Execution Risks and High Leverage ConcernsJanuary 11, 2024 | markets.businessinsider.comAnalyst Issues Sell Rating for New Gold (NGD) Amid Execution Risks and High Leverage ConcernsJanuary 9, 2024 | msn.comNew Gold achieves top end of full-year production guidance after strong Q4January 9, 2024 | finanznachrichten.deNew Gold Inc.: New Gold Achieves Top End Of Consolidated Production GuidanceSee More Headlines 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 Company Calendar Last Earnings2/13/2024Today3/28/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSEAMERICAN SectorBasic Materials Industry Metal mining Sub-IndustryN/A Current SymbolNYSEAMERICAN:NGD CUSIPN/A CIK800166 Webwww.newgold.com Phone(416) 324-6000Fax416-324-9494Employees1,578Year FoundedN/APrice Target and Rating Average Stock Price Target$1.55 High Stock Price Target$2.25 Low Stock Price Target$1.05 Potential Upside/Downside-8.0%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)($0.09) Trailing P/E RatioN/A Forward P/E Ratio28.08 P/E GrowthN/ANet Income$-64,500,000.00 Net Margins-8.20% Pretax Margin-7.53% Return on Equity5.63% Return on Assets2.15% Debt Debt-to-Equity Ratio0.51 Current Ratio1.54 Quick Ratio0.98 Sales & Book Value Annual Sales$786.50 million Price / Sales1.48 Cash Flow$0.44 per share Price / Cash Flow3.83 Book Value$1.15 per share Price / Book1.47Miscellaneous Outstanding Shares689,600,000Free Float688,221,000Market Cap$1.16 billion OptionableNot Optionable Beta1.50 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMr. Patrick Godin Asc. (Age 55)B.Sc., Eng., M.Eng., P.Eng., CEO, President & Director Comp: $726.14kMr. Sean KeatingVP, General Counsel & Corporate SecretaryMr. Ankit ShahExecutive VP of Strategy & Business DevelopmentMs. Bethany Paige BorodyVice President of SustainabilityMr. Keith MurphyExecutive VP & CFOMr. Yohann BouchardExecutive VP & COOMr. Andrew Croal P.EngDirector of Technical ServicesMr. Brandon ThroopDirector of Investor RelationsMs. Sharon GiraudelHead of Human ResourcesMr. Jean-Francois RavenelleVice President of GeologyMore ExecutivesKey CompetitorsNexa ResourcesNYSE:NEXAFerroglobeNASDAQ:GSMNorth American PalladiumOTCMKTS:PALDFLithium Americas (Argentina)NYSE:LAACCentaminOTCMKTS:CELTFView All CompetitorsInstitutional OwnershipQuadrature Capital LtdBought 1,099,933 shares on 3/25/2024Ownership: 0.237%Vanguard Group Inc.Bought 53,402 shares on 3/11/2024Ownership: 0.080%Virtu Financial LLCBought 141,046 shares on 2/26/2024Ownership: 0.021%Citadel Advisors LLCBought 49,200 shares on 2/15/2024Ownership: 0.000%Gotham Asset Management LLCBought 13,655 shares on 2/15/2024Ownership: 0.011%View All Institutional Transactions NGD Stock Analysis - Frequently Asked Questions Should I buy or sell New Gold stock right now? 4 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 1 buy rating 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 target for 2024? 4 brokerages have issued twelve-month target prices for New Gold's stock. Their NGD share price targets range from $1.05 to $2.25. On average, they predict the company's share price to reach $1.55 in the next twelve months. This suggests that the stock has a possible downside of 8.0%. View analysts price targets for NGD or view top-rated stocks among Wall Street analysts. Are investors shorting New Gold? New Gold saw a decline in short interest in the month of February. As of February 29th, there was short interest totaling 3,870,000 shares, a decline of 17.8% from the February 14th total of 4,710,000 shares. Based on an average trading volume of 4,590,000 shares, the short-interest ratio is presently 0.8 days. Currently, 0.6% of the shares of the stock are sold short. View New Gold's Short Interest. How were New Gold's earnings last quarter? New Gold Inc. (NYSEAMERICAN:NGD) released its earnings results on Tuesday, February, 13th. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.02 by $0.03. The basic materials company had revenue of $199.20 million for the quarter. New Gold had a positive trailing twelve-month return on equity of 5.63% and a negative net margin of 8.20%. 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 Xtrackers California Municipal Bond ETF (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). 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 (9.74%), Hillsdale Investment Management Inc. (2.36%), TSP Capital Management Group LLC (1.59%), Invenomic Capital Management LP (1.47%), Mackenzie Financial Corp (1.40%) and TD Asset Management Inc (0.68%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSEAMERICAN:NGD) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyBREAKING: New AI Breakthrough Could Change Healthcare ForeverBehind the Markets“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisorySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceBuy this small stock before coming AI Tidal WaveChaikin Analytics 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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