New Gold Company Profile (TSE:NGD)

About New Gold (TSE:NGD)

New Gold logoNew Gold Inc. is an intermediate gold mining company. The Company is engaged in the development and operation of mineral properties. Its segments include New Afton, Mesquite, Peak Mines, Cerro San Pedro, Corporate and Other. It has operating mines in Canada, the United States, Australia and Mexico; development projects in Canada, and a stream on gold production from a development property in Chile. Its development projects include Rainy River and Blackwater projects, which are located in Canada. Its Rainy River project is a gold project located approximately 65 kilometers northwest of Fort Frances in northwestern Ontario, Canada. The Rainy River comprises approximately 192 square kilometers of various rights and claims. The Blackwater Project is located approximately 160 kilometers southwest of the city of Prince George in central British Columbia, Canada and 110 kilometers southwest of the town of Vanderhoof. The Blackwater project covers an area of over 1,000 square kilometers.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Symbol: TSE:NGD
  • CUSIP: N/A
  • Web: N/A
  • Market Cap: C$1.66 billion
  • Outstanding Shares: 575,531,000
Average Prices:
  • 50 Day Moving Avg: C$4.04
  • 200 Day Moving Avg: C$4.38
  • 52 Week Range: C$2.39 - C$6.04
  • Trailing P/E Ratio: 138.93
  • Foreward P/E Ratio: 19.20
  • P/E Growth: 8.22
Sales & Book Value:
  • Annual Revenue: C$698.8 million
  • Price / Sales: 2.37
  • Book Value: C$3.98 per share
  • Price / Book: 0.72
  • EBIDTA: C$287.9 million
  • Average Volume: 6.98 million shs.
  • Short Ratio: 1.12

Frequently Asked Questions for New Gold (TSE:NGD)

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?

10 brokers have issued 1 year price targets for New Gold's stock. Their predictions range from C$3.75 to C$7.00. On average, they expect New Gold's stock price to reach C$4.62 in the next twelve months. View Analyst Ratings for New Gold.

Who are some of New Gold's key competitors?

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$2.88.

Analyst Ratings

Consensus Ratings for New Gold (TSE:NGD) (?)
Ratings Breakdown: 3 Sell Ratings, 4 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: C$4.62

Analysts' Ratings History for New Gold (TSE:NGD)
DateFirmActionRatingPrice TargetDetails
4/28/2017TD SecuritiesReiterated RatingBuyC$7.00View Rating Details
4/26/2017ScotiabankReiterated RatingSector PerformC$4.00View Rating Details
3/10/2017DesjardinsReiterated RatingBuyC$4.75View Rating Details
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
1/31/2017National Bank FinancialLower Price TargetSector PerformC$6.25 -> C$4.60View Rating Details
1/31/2017Credit Suisse Group AGDowngradeNeutral -> UnderperformView Rating Details
5/4/2016Beacon SecuritiesReiterated RatingBuyView Rating Details
2/19/2016CIBCBoost Price TargetSector Performer$3.00 -> $3.50View Rating Details
2/4/2016JPMorgan Chase & Co.Initiated 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 5/28/2015 forward)


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


Earnings Estimates for New Gold (TSE:NGD)
2017 EPS Consensus Estimate: $0.08
2018 EPS Consensus Estimate: $0.16
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20175$0.00$0.05$0.02
Q2 20175$0.00$0.05$0.02
Q3 20175$0.01$0.05$0.02
Q4 20175$0.00$0.05$0.02
Q1 20182($0.03)$0.05$0.01
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)


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

Insider Trades

Insider Trading and Institutional Ownership History for New Gold (TSE:NGD)
Insider Trades by Quarter for New Gold (TSE:NGD)
Insider Trades by Quarter for New Gold (TSE:NGD)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/21/2017Brett Douglas GagnonInsiderSell497C$3.85C$1,913.45
3/14/2017Armando OrtegaInsiderSell23,333C$3.68C$85,865.44
3/10/2017Vahan KololianDirectorBuy100,000C$2.80C$280,000.00
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)


Headline Trends for New Gold (TSE:NGD)
Latest Headlines for New Gold (TSE:NGD)
DateHeadline logoWhat Analysts Forecast for Gold Prices in 2017 - May 22 at 9:56 AM logoNew Gold Announces Closing of $300 Million Senior Notes Offering; Extends Maturity to 2025 - May 19 at 11:33 AM logoCould Mining Stocks See a Revival? - May 18 at 8:11 AM logoNew Gold Inc. to Post Q1 2018 Earnings of ($0.03) Per Share, National Bank Financial Forecasts (NGD) - May 17 at 11:20 AM logoNew Gold Inc. (NGD) to Post FY2017 Earnings of $0.18 Per Share, Desjardins Forecasts - May 17 at 8:32 AM logoNEW GOLD INC - May 16 at 10:17 AM logoNew Gold Inc. (NGD) to Post Q2 2017 Earnings of $0.00 Per Share, National Bank Financial Forecasts - May 16 at 7:52 AM logoUnderstanding IAMGOLD’s Key 1Q17 Highlights - May 15 at 6:07 PM logoNew Gold, Inc. breached its 50 day moving average in a Bullish Manner : NGD-CA : May 12, 2017 - May 12 at 7:28 PM logoNew Gold Inc. (NGD) Receives Average Rating of "Hold" from Analysts - May 8 at 11:14 AM logoNew Gold Announces Pricing of $300 Million Senior Notes Offering - May 4 at 6:52 PM logoNew Gold, Inc. – Value Analysis (TORONTO:NGD) : May 1, 2017 - May 1 at 5:46 PM logoBeacon Securities Weighs in on New Gold Inc.'s Q4 2017 Earnings (NGD) - May 1 at 11:13 AM logoNew Gold's (NGD) CEO Hannes Portmann on Q1 2017 Results - Earnings Call Transcript - Seeking Alpha - April 29 at 7:17 PM logoNew Gold's (NGD) "Buy" Rating Reiterated at TD Securities - April 28 at 9:52 PM logoNew Gold Announces Results of Vote for Election of Board of Directors - Yahoo Finance - April 28 at 7:50 PM logoNew Gold, Inc. breached its 50 day moving average in a Bearish Manner : NGD-CA : April 28, 2017 - April 28 at 7:49 PM logoNew Gold Announces Results of Vote for Election of Board of Directors - April 28 at 7:49 PM logoFY2017 EPS Estimates for New Gold Inc. Boosted by Cormark (NGD) - April 28 at 3:16 PM logoHere's Why New Gold Inc.'s Stock Is Dropping Today - Motley Fool - April 28 at 8:57 AM logoEdited Transcript of NGD.TO earnings conference call or presentation 27-Apr-17 1:00pm GMT - April 28 at 12:21 AM logoNew Gold's (NGD) Sector Perform Rating Reiterated at Scotiabank - April 26 at 8:24 PM logoGold Stocks Under Review -- Goldcorp, New Gold, Gold Fields, and Harmony Gold - PR Newswire (press release) - April 26 at 6:26 PM logoNew Gold meets 1Q profit forecasts - April 26 at 6:09 PM logoNew Gold Inc. (NGD) to Post Q1 2017 Earnings of $0.00 Per Share, National Bank Financial Forecasts - April 24 at 7:06 AM logoNew Gold Inc. (NGD) Given Consensus Rating of "Hold" by Analysts - April 11 at 9:09 AM logoNew Gold Provides Notice of Annual and Special Meeting of Shareholders and Release of First Quarter 2017 Results - April 7 at 11:28 AM logoAnalysts Expect 21% Upside For The Holdings of IGE - March 15 at 7:00 PM logoNew Gold Closes US$173 Million Bought Deal Financing - March 10 at 9:33 AM logoIIROC Trade Resumption - NGD NOA SPB - February 23 at 8:58 AM logoNew Gold launches 53.6M-share bought deal financing - Seeking Alpha - February 22 at 6:56 PM logoNew Gold (NGD) Enters $150M Common Stock Bought Deal ... - - February 22 at 6:56 PM logoNew Gold Announces US$150 Million Bought Deal Financing - February 22 at 6:56 PM logoEdited Transcript of NGD.TO earnings conference call or presentation 16-Feb-17 3:00pm GMT - February 17 at 5:28 PM logoGold Investment Letter New Blog Report: New Gold: A Gift from the Gold gods - February 13 at 9:50 AM logoNew Gold Inc. - February 10 at 5:56 AM logoGold Stocks Under Review -- New Gold, B2Gold, AngloGold Ashanti, and McEwen Mining - February 7 at 9:23 AM logoNew Gold: This Is Getting Ridiculous - Seeking Alpha - February 1 at 12:47 AM logoBlog Coverage New Gold Achieved 2016 Production Guidance; Provides Rainy River Update and 2017 Guidance - January 31 at 7:44 PM logoWhy New Gold Stock Dropped Nearly 19% on Tuesday - January 31 at 7:44 PM logoNew Gold Achieves 2016 Production Guidance at Lower Costs, Provides Rainy River Update, 2017 Guidance and ... - PR Newswire (press release) - January 30 at 9:07 AM logoNew Gold Achieves 2016 Production Guidance at Lower Costs, Provides Rainy River Update, 2017 Guidance and Announces Board and Management Changes - January 30 at 9:07 AM logoNew Gold (NGD) Shares Cross Above 200 DMA - January 24 at 7:33 PM



New Gold (NGD) Chart for Sunday, May, 28, 2017

This page was last updated on 5/28/2017 by Staff