New Gold Company Profile (TSE:NGD)

About New Gold

New Gold logoNew Gold Inc. is a Canada-based intermediate gold mining company. The Company is engaged in the development and operation of mineral properties. The Company has operating mines in Canada, the United States, Australia and Mexico and development projects in Canada. The Company's segments include New Afton, Mesquite, Peak Mines, Cerro San Pedro, Corporate and Other. The Company's development projects include Rainy River and Blackwater projects, both in Canada. The Company's Rainy River project is a gold project situated in Richardson Township, approximately 60 kilometers northwest of Fort Frances in Northwestern Ontario. The Company's Blackwater Project is located approximately 160 kilometers southwest of the city of Prince George and over 110 kilometers southwest of the town of Vanderhoof, in Central British Columbia. Its entire Blackwater properties total approximately 230 mineral claims covering an area of over 1,046.78 square kilometers.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: TSE
  • Symbol: NGD
  • CUSIP:
Key Metrics:
  • Previous Close: $3.92
  • 50 Day Moving Average: $4.55
  • 200 Day Moving Average: $5.35
  • 52-Week Range: C$513,724,000.00 - C$2.39
  • Trailing P/E Ratio: 784.00
  • Foreward P/E Ratio: 24.92
  • P/E Growth: 19.97
  • Market Cap: $2.01B
  • Outstanding Shares: 513,724,000
Additional Links:

Analyst Ratings

Consensus Ratings for New Gold (TSE:NGD) (?)
Ratings Breakdown: 4 Sell Ratings, 4 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 1.91)
Consensus Price Target: C$4.37

Analysts' Ratings History for New Gold (TSE:NGD)
Show:
DateFirmActionRatingPrice TargetDetails
2/21/2017MackieLower Price TargetC$5.00 -> C$4.50View Rating Details
2/15/2017Royal Bank of CanadaReiterated RatingSector PerformC$4.50View Rating Details
2/3/2017Canaccord GenuityLower Price TargetC$4.25 -> C$4.00View Rating Details
1/31/2017BMO Capital MarketsLower Price TargetMarket PerformC$5.25 -> C$4.50View Rating Details
1/31/2017CSFBDowngradeNeutral -> UnderperformView Rating Details
1/31/2017Dundee SecuritiesLower Price TargetSellC$4.75 -> C$3.75View Rating Details
1/31/2017TD SecuritiesLower Price TargetBuyC$6.00 -> C$5.50View Rating Details
1/31/2017National Bank FinancialLower Price TargetSector PerformC$6.25 -> C$4.60View Rating Details
1/31/2017ScotiabankDowngradeSector Perform -> UnderperformC$5.00 -> C$3.00View Rating Details
1/31/2017Credit Suisse GroupDowngradeNeutral -> UnderperformView Rating Details
1/31/2017DesjardinsLower Price TargetC$7.25 -> C$5.00View Rating Details
5/4/2016Beacon SecuritiesReiterated RatingBuyView Rating Details
2/19/2016CIBCBoost Price TargetSector Performer$3.00 -> $3.50View Rating Details
2/4/2016J P Morgan Chase & CoInitiated CoverageNeutralView Rating Details
1/14/2016Barclays PLCLower Price Target$3.50 -> $3.00View Rating Details
10/26/2015Morgan StanleyBoost Price Target$3.00 -> $3.25View Rating Details
(Data available from 2/27/2015 forward)

Earnings

Earnings History for New Gold (TSE:NGD)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for New Gold (TSE:NGD)
Current Year EPS Consensus Estimate: $0.03 EPS
Next Year EPS Consensus Estimate: $0.12 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164($0.03)$0.01($0.01)
Q2 20165($0.03)$0.04$0.01
Q3 20168($0.01)$0.04$0.02
Q4 20167($0.03)$0.05$0.02
Q1 20175$0.01$0.05$0.03
Q2 20174$0.01$0.05$0.03
Q3 20174$0.01$0.05$0.03
Q4 20174$0.00$0.05$0.03
Q1 20181$0.05$0.05$0.05
Q2 20181$0.05$0.05$0.05
Q3 20181$0.05$0.05$0.05
Q4 20181$0.05$0.05$0.05
(Data provided by Zacks Investment Research)

Dividends

Dividend History for New Gold (TSE:NGD)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for New Gold (TSE:NGD)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/4/2016Mark Alexander PetersenInsiderSell176,667C$5.52C$975,201.84
2/25/2016David Lee EmersonDirectorBuy10,000C$4.43C$44,300.00
2/23/2016Robert GallagherInsiderSell283,618C$4.44C$1,259,263.92
12/7/2015Mark Alexander PetersenInsiderSell100,000C$3.28C$328,000.00
12/2/2015John MarshallInsiderSell21,162C$3.13C$66,237.06
11/6/2015K PriestlyDirectorBuy22,000C$2.31C$50,820.00
9/18/2015John MarshallInsiderSell13,985C$3.25C$45,451.25
9/3/2015K PriestlyDirectorBuy33,000C$2.28C$75,207.00
6/4/2015David Lee EmersonDirectorBuy5,000C$3.94C$19,700.00
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for New Gold (TSE:NGD)
DateHeadline
News IconMackie Cuts New Gold Inc. (NGD) Price Target to C$4.50 (TSE:NGD)
nyhetsbanken.info - February 25 at 6:26 PM
News IconTwo Stocks in Concentration: Northern Dynasty Minerals Ltd. (NYSEMKT:NAK), New Gold, Inc. (NYSEMKT:NGD) - The Newburgh Press (TSE:NGD)
newburghpress.com - February 24 at 7:53 PM
News IconStocks in News- New Gold Inc. (USA) (NYSEMKT:NGD), Uranium Resources, Inc. (NASDAQ:URRE) - Wall Street Times (press release) (TSE:NGD)
www.wallstreetnews24.com - February 24 at 9:07 AM
finance.yahoo.com logoIIROC Trade Resumption - NGD NOA SPB (TSE:NGD)
finance.yahoo.com - February 23 at 8:58 AM
News IconEquity Focus: Looking at Shares of New Gold Inc (NGD) - Rives Journal (TSE:NGD)
rivesjournal.com - February 22 at 11:57 PM
seekingalpha.com logoNew Gold launches 53.6M-share bought deal financing - Seeking Alpha (TSE:NGD)
seekingalpha.com - February 22 at 6:56 PM
streetinsider.com logoNew Gold (NGD) Enters $150M Common Stock Bought Deal ... - StreetInsider.com (TSE:NGD)
www.streetinsider.com - February 22 at 6:56 PM
finance.yahoo.com logoNew Gold Announces US$150 Million Bought Deal Financing (TSE:NGD)
finance.yahoo.com - February 22 at 6:56 PM
capitalcube.com logoNew Gold, Inc. :NGD-CA: Earnings Analysis: Q4, 2016 By the Numbers : February 21, 2017 (TSE:NGD)
www.capitalcube.com - February 21 at 6:05 PM
finance.yahoo.com logoEdited Transcript of NGD.TO earnings conference call or presentation 16-Feb-17 3:00pm GMT (TSE:NGD)
finance.yahoo.com - February 17 at 5:28 PM
capitalcube.com logoNew Gold, Inc. :NGD-CA: Earnings Analysis: 2016 By the Numbers : February 17, 2017 (TSE:NGD)
www.capitalcube.com - February 17 at 5:28 PM
marketrealist.com logoHow Janet Yellen’s Statement Affected Precious Metals (TSE:NGD)
marketrealist.com - February 16 at 6:21 PM
News IconInvestor Watch on These Shares: New Gold Inc. (NGD) - BVN (TSE:NGD)
bvnewsjournal.com - February 14 at 9:34 PM
finance.yahoo.com logoGold Investment Letter New Blog Report: New Gold: A Gift from the Gold gods (TSE:NGD)
finance.yahoo.com - February 13 at 9:50 AM
streetinsider.com logoNew Gold Inc. (TSE:NGD)
www.streetinsider.com - February 10 at 5:56 AM
bizjournals.com logoGold Stocks Under Review -- New Gold, B2Gold, AngloGold Ashanti, and McEwen Mining (TSE:NGD)
www.bizjournals.com - February 7 at 9:23 AM
News IconA look from Top to Bottom on New Gold Inc. (NGD.TO) - Rives Journal (TSE:NGD)
rivesjournal.com - February 7 at 9:23 AM
News IconAnalytical Review of New Gold, Inc. (NYSEMKT:NGD) - The Oracle Examiner (TSE:NGD)
oracleexaminer.com - February 7 at 9:23 AM
News IconStock Price of New Gold Inc. (NGD) Decreases -26.52% - Highland Mirror (TSE:NGD)
www.highlandmirror.com - February 6 at 9:36 AM
4-traders.com logoNew Gold Inc. $NGD Lowered to Underperform at Scotiabank (TSE:NGD)
www.4-traders.com - February 3 at 7:35 PM
News IconStock Vacillating as Volatility Hits a High Point For New Gold, Inc. (:NGD) - Wall Street Beacon (TSE:NGD)
wsbeacon.com - February 1 at 12:47 AM
seekingalpha.com logoNew Gold: This Is Getting Ridiculous - Seeking Alpha (TSE:NGD)
seekingalpha.com - February 1 at 12:47 AM
finance.yahoo.com logoBlog Coverage New Gold Achieved 2016 Production Guidance; Provides Rainy River Update and 2017 Guidance (TSE:NGD)
finance.yahoo.com - January 31 at 7:44 PM
News IconNew Gold Inc. (NGD) Price Target Lowered to C$5.00 at Desjardins (TSE:NGD)
xboxonezone.com - January 31 at 7:44 PM
fool.com logoWhy New Gold Stock Dropped Nearly 19% on Tuesday (TSE:NGD)
www.fool.com - January 31 at 7:44 PM
reuters.com logoNew Gold expects higher mine costs, Rainy River production delay (TSE:NGD)
ca.reuters.com - January 30 at 7:29 PM
prnewswire.com logoNew Gold Achieves 2016 Production Guidance at Lower Costs, Provides Rainy River Update, 2017 Guidance and ... - PR Newswire (press release) (TSE:NGD)
www.prnewswire.com - January 30 at 9:07 AM
finance.yahoo.com logoNew Gold Achieves 2016 Production Guidance at Lower Costs, Provides Rainy River Update, 2017 Guidance and Announces Board and Management Changes (TSE:NGD)
finance.yahoo.com - January 30 at 9:07 AM
News IconTale of the Tape: Technical Recap for New Gold Inc. (NGD) - Rives Journal (TSE:NGD)
rivesjournal.com - January 28 at 6:55 PM
nasdaq.com logoNew Gold (NGD) Shares Cross Above 200 DMA (TSE:NGD)
www.nasdaq.com - January 24 at 7:33 PM
News IconPrice Index Watch on Shares of New Gold, Inc. (TSX:NGD) - Gilbert Daily (TSE:NGD)
gilbertdaily.com - January 23 at 7:07 PM
News IconSignal Watch: Checking the Numbers for New Gold Inc. (NGD.TO) - Rives Journal (TSE:NGD)
rivesjournal.com - January 20 at 7:36 PM
News IconStock Sees Muffled Start to the Session Gapping Down: New Gold, Inc. (:NGD) - Aiken Advocate (TSE:NGD)
aikenadvocate.com - January 19 at 11:02 PM
News IconTrading Watch: Indicators in Review for New Gold Inc. (NGD.TO) - Rives Journal (TSE:NGD)
rivesjournal.com - January 19 at 11:02 PM
News IconChart Inspection on Shares of New Gold Inc. (NGD.TO) - Rives Journal (TSE:NGD)
rivesjournal.com - January 18 at 7:24 PM
marketrealist.com logoWhy Gold Stocks Stole the Show in 2016 (TSE:NGD)
marketrealist.com - January 18 at 8:32 AM
News IconNew Gold, Inc. (NYSEMKT:NGD) shows weekly volitility of 4.77% - The Newburgh Press (TSE:NGD)
newburghpress.com - January 17 at 7:10 PM
News IconWatching Technical Positions on New Gold Inc. (NGD.TO) - Rives Journal (TSE:NGD)
rivesjournal.com - January 17 at 11:33 AM
News IconCCI Focus on Shares of New Gold Inc. (NGD.TO) - Rives Journal (TSE:NGD)
rivesjournal.com - January 16 at 7:19 PM
News IconMarkets End Mostly Higher, How Did This Stock Fare: New Gold, Inc. (:NGD) - Wall Street Beacon (TSE:NGD)
wsbeacon.com - January 14 at 6:52 PM
News IconTraders Watch list: New Gold, Inc. (NYSEMKT:NGD), CF Industries Holdings, Inc. (NYSE:CF) - The Newburgh Press (TSE:NGD)
newburghpress.com - January 13 at 8:13 PM
News IconPrice Action Alert: New Gold Inc. (USA) Rises A lot Today, Is Now One of The Best Performer - Fair View Times (TSE:NGD)
fairviewtimes.com - January 13 at 5:29 AM
News IconLong Term Growth review of NEW GOLD INC. (AMEX:NGD) - The Newburgh Press (TSE:NGD)
newburghpress.com - January 12 at 7:26 PM
News IconAnalyst Issues Short Term Price Target on New Gold Inc. (NYSEMKT:NGD) - Highland Mirror (TSE:NGD)
www.highlandmirror.com - January 12 at 7:26 PM
News IconNew Gold, Inc. (NYSEMKT:NGD) Institutional Ownership stands at 55.1 - The Newburgh Press (TSE:NGD)
newburghpress.com - January 10 at 7:40 PM
marketrealist.com logoHow Mining Stocks Reacted to Plummeting Metals (TSE:NGD)
marketrealist.com - January 10 at 8:59 AM
capitalcube.com logoNew Gold, Inc. – Value Analysis (TORONTO:NGD) : January 9, 2017 (TSE:NGD)
www.capitalcube.com - January 9 at 7:30 PM
capitalcube.com logoNew Gold, Inc. breached its 50 day moving average in a Bullish Manner : NGD-CA : January 6, 2017 (TSE:NGD)
www.capitalcube.com - January 6 at 7:31 PM
News IconTwo Stable Stocks: Silver Wheaton Corp. (NYSE:SLW), New Gold, Inc. (NYSEMKT:NGD) - The Newburgh Press (TSE:NGD)
newburghpress.com - January 5 at 8:25 PM
finance.yahoo.com logoResearch Reports Initiated on Metals and Mining Stocks New Gold, Silver Wheaton, and OceanaGold (TSE:NGD)
ca.finance.yahoo.com - January 4 at 7:38 PM

Social

What is New Gold's stock symbol?

New Gold trades on the Tornton Stock Exchange (TSX) under the ticker symbol "NGD."

Where is New Gold's stock going? Where will New Gold's stock price be in 2017?

11 brokerages have issued twelve-month price targets for New Gold's stock. Their forecasts range from C$3.00 to C$5.50. On average, they expect New Gold's share price to reach C$4.37 in the next twelve months.

When will New Gold announce their earnings?

New Gold is scheduled to release their next quarterly earnings announcement on Tuesday, April, 25th 2017.

How do I buy New Gold stock?

Shares of New Gold and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.

How much does a share of New Gold stock cost?

One share of New Gold stock can currently be purchased for approximately C$2.99.

New Gold (TSE:NGD) Chart for Monday, February, 27, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for New Gold (TSE:NGD)

Earnings History Chart

Earnings by Quarter for New Gold (TSE:NGD)

Dividend History Chart

Dividend Payments by Quarter for New Gold (TSE:NGD)

Last Updated on 2/27/2017 by MarketBeat.com Staff