TSE:NGD

New Gold (NGD) Stock Price, News & Analysis

C$2.48
+0.12 (+5.08%)
(As of 04:17 PM ET)
Today's Range
C$2.33
C$2.48
50-Day Range
C$1.49
C$2.52
52-Week Range
C$1.17
C$2.67
Volume
1.43 million shs
Average Volume
1.36 million shs
Market Capitalization
C$1.70 billion
P/E Ratio
N/A
Dividend Yield
0.92%
Price Target
C$2.31

New Gold MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
4.9% Downside
C$2.31 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.16mentions of New Gold in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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.

0.08 out of 5 stars

NGD stock logo

About New Gold Stock (TSE:NGD)

New 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.

NGD Stock Price History

NGD Stock News Headlines

Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
New Gold (NGD) Set to Announce Quarterly Earnings on Tuesday
New Gold: A Free Cash Flow Machine Post-2024
New Gold Inc. (AMEX:NGD) Q4 2023 Earnings Call Transcript
Mysterious Gold Leverage Just Announced
World's biggest multibillionaire investor group is buying THIS by the tons Most folks have completely missed the fact that there's one group of investors so powerful they're literally buying ONE THING by the tons… Stacking it in their locked vaults on pallets in record numbers.
BITF Feb 2024 3.000 call
Should Value Investors Buy B2Gold Corp (BTG) Stock?
Best Value Stocks to Buy for January 2nd
Closing Bell: New Gold Inc flat on Tuesday (NGD)
Closing Bell: New Gold Inc flat on Friday (NGD)
RBC Capital Keeps Their Buy Rating on New Gold (NGD)
Closing Bell: New Gold Inc down on Tuesday (NGD)
Emerging Markets Report: Gold Rush
New Gold (NGD) Stock Slumps as Gold Prices Fall
See More Headlines
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Company Calendar

Last Earnings
2/13/2024
Today
4/25/2024
Next Earnings (Confirmed)
4/30/2024

Industry, Sector and Symbol

Industry
Gold
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
1,337
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$2.31
High Stock Price Target
C$3.00
Low Stock Price Target
C$2.00
Potential Upside/Downside
-6.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
C$-64,500,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$786.50 million
Cash Flow
C$0.75 per share
Book Value
C$1.15 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.70 billion
Optionable
Not Optionable
Beta
1.52
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Key Executives

  • Mr. Patrick Godin Asc. (Age 55)
    B.Sc., Eng., M.Eng., P.Eng., CEO, President & Director
    Comp: $983.15k
  • Mr. Sean Keating
    VP, General Counsel & Corporate Secretary
  • Mr. Ankit Shah
    Executive VP of Strategy & Business Development
  • Ms. Bethany Paige Borody
    Vice President of Sustainability
  • Mr. Keith Murphy
    Executive VP & CFO
  • Mr. Yohann Bouchard
    Executive VP & COO
  • Mr. Andrew Croal P.Eng
    Director of Technical Services
  • Mr. Brandon Throop
    Director of Investor Relations
  • Ms. Sharon Giraudel
    Head of Human Resources
  • Mr. Jean-Francois Ravenelle
    Vice President of Geology

NGD Stock Analysis - Frequently Asked Questions

Should I buy or sell New Gold stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for New Gold in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NGD shares.
View NGD analyst ratings
or view top-rated stocks.

What is New Gold's stock price target for 2024?

2 brokerages have issued 12 month target prices for New Gold's stock. Their NGD share price targets range from C$2.00 to C$3.00. On average, they expect the company's share price to reach C$2.31 in the next twelve months. This suggests that the stock has a possible downside of 4.9%.
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 C$1.92 at the start of the year. Since then, NGD stock has increased by 26.6% and is now trading at C$2.43.
View the best growth stocks for 2024 here
.

When is New Gold's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our NGD earnings forecast
.

How were New Gold's earnings last quarter?

New Gold Inc. (TSE:NGD) issued its earnings results on Tuesday, February, 13th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by $0.04. The company earned $271.22 million during the quarter. New Gold had a negative net margin of 8.20% and a negative trailing twelve-month return on equity of 7.38%.

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 Alamos Gold (AGI), First Majestic Silver (FR), Alexco Resource (AXU), Yamana Gold (YRI), Agnico Eagle Mines (AEM), AutoCanada (ACQ), Eldorado Gold (ELD), Enbridge (ENB), B2Gold (BTO) and CVS Health (CVS).

How do I buy shares of New Gold?

Shares of NGD stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:NGD) was last updated on 4/25/2024 by MarketBeat.com Staff

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