NYSE:NGD New Gold (NGD) Stock Price, News & Analysis → Gold Set to EXPLODE! (From Gold Safe Exchange) (Ad) Free NGD Stock Alerts $1.87 0.00 (0.00%) (As of 05/8/2024 ET) Add Compare Share Share Today's Range$1.84▼$1.9150-Day Range N/A52-Week Range$0.86▼$1.95Volume2.99 million shsAverage Volume6.35 million shsMarket Capitalization$1.29 billionP/E RatioN/ADividend YieldN/APrice Target$1.64 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestSocial Media Get New Gold alerts: Email Address New Gold MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside12.3% Downside$1.64 Price TargetShort InterestHealthy0.88% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.86Based on 12 Articles This WeekInsider TradingN/AProj. Earnings Growth71.43%From $0.14 to $0.24 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.2.25 out of 5 starsBasic Materials Sector122nd out of 173 stocksMetal Mining Industry14th out of 21 stocks 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, 3 hold ratings, and 1 sell rating.Amount of Analyst CoverageNew Gold has only been the subject of 2 research reports in the past 90 days.Read more about New Gold's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.88% 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 decreased by 6.86%, indicating that investor sentiment is improving significantly. 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 3.3 News and Social Media Coverage News SentimentNew Gold has a news sentiment score of 0.86. 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 0.39 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 12 news articles for New Gold this week, compared to 2 articles on an average week.Search InterestOnly 5 people have searched for NGD on MarketBeat in the last 30 days. This is a decrease of -64% compared to the previous 30 days.MarketBeat Follows6 people have added New Gold to their MarketBeat watchlist in the last 30 days. This is an increase of 500% compared to the previous 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.Read more about New Gold's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for New Gold are expected to grow by 71.43% in the coming year, from $0.14 to $0.24 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of New Gold is -18.70, 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 -18.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioNew Gold has a PEG Ratio of 0.36. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioNew Gold has a P/B Ratio of 1.63. 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 Crypto 101 MediaTech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. Claim your free seat by clicking here now. About New GoldNew 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 HeadlinesMay 9, 2024 | americanbankingnews.comNew Gold (NYSE:NGD) Stock Rating Lowered by StockNews.comMay 6, 2024 | americanbankingnews.comNational Bank Financial Comments on New Gold Inc.'s FY2024 Earnings (NYSE:NGD)May 9, 2024 | Crypto 101 Media (Ad)Tech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. May 4, 2024 | americanbankingnews.comNew Gold Inc. (NYSE:NGD) Forecasted to Post FY2026 Earnings of $0.26 Per ShareMay 2, 2024 | finanznachrichten.deNew Gold Inc.: New Gold Reports First Quarter 2024 ResultsMay 2, 2024 | finance.yahoo.comNew Gold First Quarter 2024 Earnings: Revenues Beat Expectations, EPS LagsMay 2, 2024 | americanbankingnews.comNew Gold (NYSE:NGD) Upgraded to Buy by StockNews.comMay 1, 2024 | investorplace.com7 Penny Stocks With the Potential to Make You an Overnight MillionaireMay 9, 2024 | Crypto 101 Media (Ad)Tech GIANT’s Plans to Revolutionize Crypto…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. May 1, 2024 | seekingalpha.comNew Gold Inc. 2024 Q1 - Results - Earnings Call PresentationApril 30, 2024 | investorplace.comNGD Stock Earnings: New Gold Beats Revenue for Q1 2024April 30, 2024 | juniorminingnetwork.comNew Gold Reports First Quarter 2024 Results; Annual Guidance Tracking to Plan, Growth Projects Make Meaningful Strides Towards CompletionApril 30, 2024 | prnewswire.comNEW GOLD REPORTS FIRST QUARTER 2024 RESULTSApril 21, 2024 | finance.yahoo.comInvestors in New Gold (TSE:NGD) have seen splendid returns of 103% over the past five yearsApril 19, 2024 | seekingalpha.comNew Gold: Robust Cash Flow Upside, Potentially At Attractive Stock PricesApril 11, 2024 | investorplace.comIf You Can Only Buy One Penny Stock in April, It Better Be One of These 7 NamesApril 8, 2024 | msn.comGold looks ‘very vulnerable' to a setback, strategist says, after prices hit record highApril 7, 2024 | investorplace.comThe 7 Best Penny Stocks to Buy in April 2024April 3, 2024 | ca.finance.yahoo.comStocks in play: New Gold Inc.April 3, 2024 | prnewswire.comNEW GOLD PROVIDES NOTICE OF RELEASE OF FIRST QUARTER 2024 RESULTS AND CONFERENCE CALLApril 1, 2024 | msn.comIndia gold prices soar to record high, dampening demand, dealers sayMarch 29, 2024 | investorplace.com7 High-Potential Penny Stocks to Buy for Massive ROIMarch 28, 2024 | msn.com‘Gold nuggets in night sky’: Astronomers find 49 new galaxies in 3 hrsMarch 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 11, 2024 | msn.comMiners help TSX hold just above the flatlineMarch 11, 2024 | seekingalpha.comLundin Gold: A Solid Buy-The-Dip CandidateSee 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 Earnings4/30/2024Today5/09/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBasic Materials Industry Metal mining Sub-IndustryN/A Current SymbolNYSE:NGD CUSIPN/A CIK800166 Webwww.newgold.com Phone416-324-6000Fax416-324-9494Employees1,578Year FoundedN/APrice Target and Rating Average Stock Price Target$1.64 High Stock Price Target$2.25 Low Stock Price Target$1.05 Potential Upside/Downside-12.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.10) Trailing P/E RatioN/A Forward P/E Ratio13.36 P/E Growth0.36Net Income$-64,500,000.00 Net Margins-9.81% Pretax Margin-8.78% Return on Equity5.23% Return on Assets1.91% Debt Debt-to-Equity Ratio0.54 Current Ratio1.51 Quick Ratio0.89 Sales & Book Value Annual Sales$786.50 million Price / Sales1.64 Cash Flow$0.43 per share Price / Cash Flow4.39 Book Value$1.15 per share Price / Book1.63Miscellaneous Outstanding Shares689,830,000Free Float688,449,000Market Cap$1.29 billion OptionableN/A Beta1.53 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Patrick Godin Asc. (Age 55)B.Sc., Eng., M.Eng., P.Eng., CEO, President & Director Comp: $1.36MMr. Yohann BouchardExecutive VP & COOMr. Sean KeatingVP, General Counsel & Corporate SecretaryMr. Ankit ShahExecutive Vice President of Strategy & Business DevelopmentMr. Keith MurphyExecutive VP & CFOMr. Luke BuchananVice President of Technical ServicesMr. Brandon ThroopDirector of Investor RelationsMs. Sharon GiraudelHead of Human ResourcesMr. Jean-Francois RavenelleVice President of GeologyMr. Paul MellingTreasurerMore ExecutivesKey CompetitorsFerroglobeNASDAQ:GSMLithium AmericasNYSE:LACLithium Americas (Argentina)NYSE:LAACCritical MetalsNASDAQ:CRMLMetals AcquisitionNYSE:MTALView All CompetitorsInstitutional OwnershipEdmond DE Rothschild Holding S.A.Bought 638,076 shares on 5/8/2024Ownership: 0.092%Russell Investments Group Ltd.Sold 12,700 shares on 5/8/2024Ownership: 0.025%Oppenheimer & Close LLCBought 846,000 shares on 5/7/2024Ownership: 0.245%SG Americas Securities LLCSold 93,134 shares on 5/7/2024Ownership: 0.021%Quantbot Technologies LPSold 36,925 shares on 5/6/2024Ownership: 0.028%View All Institutional Transactions NGD Stock Analysis - Frequently Asked Questions Should I buy or sell New Gold stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for New Gold in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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? 5 Wall Street analysts have issued 12-month price objectives for New Gold's shares. Their NGD share price targets range from $1.05 to $2.25. On average, they predict the company's stock price to reach $1.64 in the next twelve months. This suggests that the stock has a possible downside of 12.3%. View analysts price targets for NGD or view top-rated stocks among Wall Street analysts. How have NGD shares performed in 2024? New Gold's stock was trading at $1.82 at the beginning of the year. Since then, NGD stock has increased by 2.7% and is now trading at $1.87. View the best growth stocks for 2024 here. Are investors shorting New Gold? New Gold saw a increase in short interest in March. As of March 31st, there was short interest totaling 6,120,000 shares, an increase of 57.7% from the March 15th total of 3,880,000 shares. Based on an average daily volume of 6,030,000 shares, the days-to-cover ratio is currently 1.0 days. Approximately 1.0% of the company's stock are sold short. View New Gold's Short Interest. How were New Gold's earnings last quarter? New Gold Inc. (NYSE:NGD) announced its earnings results on Tuesday, April, 30th. The company reported $0.02 EPS for the quarter, topping the consensus estimate of $0.01 by $0.01. The business earned $192.10 million during the quarter. New Gold had a positive trailing twelve-month return on equity of 5.23% and a negative net margin of 9.81%. What ETFs hold New Gold's stock? ETFs with the largest weight of New Gold (NYSE:NGD) stock in their portfolio include Global X Gold Explorers ETF (GOEX), VanEck Junior Gold Miners ETF (GDXJ) and WisdomTree Efficient Gold Plus Gold Miners Strategy Fund (GDMN).VanEck Gold Miners ETF (GDX). 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 Kratos Defense & Security Solutions (KTOS), Infinera (INFN), Himax Technologies (HIMX), Hudbay Minerals (HBM), Diebold Nixdorf (DBD), Cornerstone Building Brands (CNR), Cleveland-Cliffs (CLF), Coeur Mining (CDE), Bombardier (BBD) and Yamana Gold (AUY). 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 (10.51%), TSP Capital Management Group LLC (1.58%), U S Global Investors Inc. (0.42%), Oppenheimer & Close LLC (0.25%), Triasima Portfolio Management inc. (0.10%) and Edmond DE Rothschild Holding S.A. (0.09%). 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. 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