About New Gold (TSE:NGD)
New 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/
- Market Cap: C$2.1 billion
- Outstanding Shares: 576,200,000
- 50 Day Moving Avg: C$4.70
- 200 Day Moving Avg: C$4.22
- 52 Week Range: C$2.39 - C$4.52
Sales & Book Value:
- Trailing P/E Ratio: 47.53
- Foreward P/E Ratio: 28.08
- P/E Growth: -2.11
- Annual Revenue: C$704.1 million
- Price / Sales: 2.99
- Book Value: C$4.01 per share
- Price / Book: 0.91
- EBITDA: C$282.1 million
- Net Margins: 12.45%
- Return on Equity: 4.03%
- Return on Assets: 2.24%
- 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?
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?
Some companies that are related to New Gold include IAMGOLD Corp (IMG), Gold Fields Limited (GFI), Yamana Gold (YRI), B2Gold Corp. (BTO), Alamos Gold (AGI), Centerra Gold (CG), Osisko gold royalties Ltd (OR), Detour Gold (DGC), Endeavour Mining Corp (EDV), OceanaGold (OGC), Alamos Gold (AGI), Eldorado Gold Corp (ELD), Torex Gold Resources (TXG), Birchcliff Energy (BIR), Sibanye Gold Limited (SBGL), Equitable Group (EQB), Guyana Goldfields (GUY) and Richmont Mines (RIC).
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?
MarketBeat Community Rating for New Gold (TSE NGD)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.
One share of New Gold stock can currently be purchased for approximately C$3.65.
Consensus Ratings for New Gold (TSE:NGD) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|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)
Analysts' Ratings History for New Gold (TSE:NGD)
(Data available from 10/22/2015 forward)
|10/20/2017||Canaccord Genuity||Upgrade||Hold -> Buy||C$4.75 -> C$5.75|
|7/28/2017||National Bank Financial||Boost Price Target||Outperform||C$5.00 -> C$5.25|
|4/28/2017||TD Securities||Reiterated Rating||Buy||C$7.00|
|2/21/2017||Mackie||Lower Price Target||C$5.00 -> C$4.50|
|2/15/2017||Royal Bank Of Canada||Reiterated Rating||Sector Perform||C$4.50|
|1/31/2017||BMO Capital Markets||Lower Price Target||Market Perform||C$5.25 -> C$4.50|
|1/31/2017||CSFB||Downgrade||Neutral -> Underperform|
|1/31/2017||Dundee Securities||Lower Price Target||Sell||C$4.75 -> C$3.75|
|1/31/2017||Credit Suisse Group||Downgrade||Neutral -> Underperform|
|5/4/2016||Beacon Securities||Reiterated Rating||Buy|
|2/19/2016||CIBC||Boost Price Target||Sector Performer||$3.00 -> $3.50|
|2/4/2016||J P Morgan Chase & Co||Initiated Coverage||Neutral|
|1/14/2016||Barclays PLC||Lower Price Target||$3.50 -> $3.00|
|10/26/2015||Morgan Stanley||Boost Price Target||$3.00 -> $3.25|
Earnings History for New Gold (TSE:NGD)Earnings History by Quarter for New Gold (TSE NGD)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
Earnings Estimates for New Gold (TSE:NGD)
2017 EPS Consensus Estimate: $0.09
2018 EPS Consensus Estimate: $0.13
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for New Gold (TSE:NGD)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for New Gold (TSE:NGD)Insider Trades by Quarter for New Gold (TSE:NGD)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|3/21/2017||Brett Douglas Gagnon||Insider||Sell||497||C$3.85||C$1,913.45|
|11/4/2016||Mark Alexander Petersen||Insider||Sell||176,667||C$5.52||C$975,201.84|
|2/25/2016||David Lee Emerson||Director||Buy||10,000||C$4.43||C$44,300.00|
|12/7/2015||Mark Alexander Petersen||Insider||Sell||100,000||C$3.28||C$328,000.00|
|6/4/2015||David Lee Emerson||Director||Buy||5,000||C$3.94||C$19,700.00|
Headline Trends for New Gold (TSE:NGD)
Latest Headlines for New Gold (TSE:NGD)
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New Gold (NGD) Chart for Sunday, October, 22, 2017