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: Basic Materials
  • Industry: Gold
  • Sub-Industry: N/A
  • Symbol: TSE:NGD
  • CUSIP: N/A
  • Web: www.newgold.com/
Capitalization:
  • Market Cap: C$2.1 billion
  • Outstanding Shares: 576,200,000
Average Prices:
  • 50 Day Moving Avg: C$4.70
  • 200 Day Moving Avg: C$4.22
  • 52 Week Range: C$2.39 - C$4.52
P/E:
  • Trailing P/E Ratio: 47.53
  • Foreward P/E Ratio: 28.08
  • P/E Growth: -2.11
Sales & Book Value:
  • Annual Revenue: C$704.1 million
  • Price / Sales: 2.99
  • Book Value: C$4.01 per share
  • Price / Book: 0.91
Profitability:
  • EBITDA: C$282.1 million
  • Net Margins: 12.45%
  • Return on Equity: 4.03%
  • Return on Assets: 2.24%
Misc:
  • Average Volume: 4.75 million shs.
  • Short Ratio: 1.78
 

Frequently Asked Questions for New Gold (TSE:NGD)

What is New Gold's stock symbol?

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

When will New Gold make its next earnings announcement?

New Gold is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for New Gold.

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

10 brokers have issued 12 month price objectives for New Gold's shares. Their forecasts range from C$3.75 to C$7.00. On average, they expect New Gold's stock price to reach C$5.00 in the next year. View Analyst Ratings for New Gold.

Who are some of New Gold's key competitors?

Who are New Gold's key executives?

New Gold's management team includes the folowing people:

  • Hannes Portmann, President, Chief Executive Officer
  • Paula Myson, Chief Financial Officer, Executive Vice President
  • Barry O'Shea, Vice President - Finance, Vice President - Business Development
  • Lisa Damiani, Vice President, General Counsel, Corporate Secretary
  • Mark A. Petersen, Vice President - Exploration
  • Peter Woodhouse, Vice President - Projects
  • Ian Wilton Pearce, Non-Executive Chairman of the Board
  • Randall Oliphant, Director
  • Marilyn Schonberner, Director
  • Raymond W. Threlkeld, Director

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.

What is New Gold's stock price today?

One share of New Gold stock can currently be purchased for approximately C$3.65.


MarketBeat Community Rating for New Gold (TSE NGD)
Community Ranking:  1.5 out of 5 (star half star)
Outperform Votes:  102 (Vote Outperform)
Underperform Votes:  244 (Vote Underperform)
Total Votes:  346
MarketBeat's community ratings are surveys of what our community members think about New Gold and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for New Gold (TSE:NGD) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Sell Ratings, 3 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.10)
Consensus Price Target: C$5.00
Consensus Price Target History for New Gold (TSE:NGD)
Price Target History for New Gold (TSE:NGD)
Analysts' Ratings History for New Gold (TSE:NGD)
Show:
DateFirmActionRatingPrice TargetDetails
10/20/2017Canaccord GenuityUpgradeHold -> BuyC$4.75 -> C$5.75View Rating Details
9/29/2017ScotiabankUpgradeSector PerformC$5.00View Rating Details
7/28/2017National Bank FinancialBoost Price TargetOutperformC$5.00 -> C$5.25View Rating Details
4/28/2017TD SecuritiesReiterated RatingBuyC$7.00View 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
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
1/31/2017Credit Suisse GroupDowngradeNeutral -> UnderperformView 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 10/22/2015 forward)

Earnings

Earnings History for New Gold (TSE:NGD)
Earnings by Quarter for New Gold (TSE:NGD)
Earnings History by Quarter for New Gold (TSE NGD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017C$0.01N/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for New Gold (TSE:NGD)
2017 EPS Consensus Estimate: $0.09
2018 EPS Consensus Estimate: $0.13
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20175$0.00$0.05$0.02
Q2 20175$0.01$0.05$0.03
Q3 20175($0.01)$0.05$0.02
Q4 20175$0.00$0.05$0.02
Q1 20182($0.03)$0.04$0.01
Q2 20181$0.04$0.04$0.04
Q3 20181$0.04$0.04$0.04
Q4 20181$0.04$0.04$0.04
(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 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
9/15/2017James EsteyDirectorSell28,000C$4.77C$133,560.00
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)

Headlines

Headline Trends for New Gold (TSE:NGD)
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Chart

New Gold (NGD) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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