TSE:NGD

New Gold - NGD Stock Forecast, Price & News

C$1.53

+0.01 (+0.66%)

(As of 03/29/2023 01:03 PM ET)

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Today's Range: C$1.50
▼
C$1.55
50-Day Range: C$1.14
▼
C$1.63
52-Week Range: C$0.80
▼
C$2.50

Volume: 723,393 shs
Average Volume: 1.24 million shs
Market Capitalization: C$1.04 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: C$1.47

About New Gold (TSE:NGD) Stock

New Gold Inc., an intermediate gold mining company, engages in the exploration, development, and operation of mineral properties. It primarily explores for gold, silver, and copper deposits. The company's principal operating properties include 100% interests in the Rainy River mine located in Ontario, Canada; and New Afton mine situated in British Columbia, Canada. It also operates the Cerro San Pedro mine in San Luis Potosí, Mexico. The company was incorporated in 1980 and is headquartered in Toronto, Canada.

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NGD Stock News Headlines

March 26, 2023 | thestreet.com

New Gold (NGD) Stock Slumps as Gold Prices Fall

February 21, 2023 | finance.yahoo.com

New Gold (NGD) Loses -20.04% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

March 29, 2023 | Stansberry Research (Ad)

The gold catalyst we’ve waited for

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February 16, 2023 | msn.com

New Gold swings to Q4 loss, guides for stronger production in 2023

September 21, 2022 | thestreet.com

New Gold (NGD) Stock Drops, Gold Prices Slide on Stronger Dollar

August 5, 2022 | seekingalpha.com

New Gold Inc. (NGD) CEO Renaud Adams on Q2 2022 Results - Earnings Call Transcript

August 2, 2022 | theglobeandmail.com

New Gold Inc stock advanced on Tuesday.

July 18, 2022 | msn.com

Why New Gold (TSX:NGD) Stock Sank Nearly 32% Last Week

March 29, 2023 | Weiss Ratings (Ad)

Bank Accounts: Frozen!

In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!

July 11, 2022 | finance.yahoo.com

Angus Gold Commences Summer Drilling on BIF Discoveries, Golden Sky Project, Wawa, Ontario

May 31, 2022 | seekingalpha.com

New Gold: Lower Grade And Tonnes Processed At New Afton

April 14, 2022 | uk.finance.yahoo.com

New Gold (TSE:NGD) Seems To Use Debt Quite Sensibly

February 7, 2022 | finance.yahoo.com

Terril Brothers, Inc. Buys SPDR Bloomberg Investment Grade Floating Rate ETF, AT&T Inc,

December 22, 2021 | ca.finance.yahoo.com

New Gold Announces Closing of Blackwater Gold Stream for US$300 Million

October 21, 2021 | seekingalpha.com

NGD

September 8, 2021 | msn.com

Tuesday Sector Laggards: Precious Metals, Packaging & Containers

April 13, 2021 | finance.yahoo.com

New Gold Reports In-Line First Quarter Operational Results and Provides an Early-Stage Exploration Update

April 8, 2021 | nasdaq.com

CANADA STOCKS - TSX rises 0.52% to 19,228.87

March 24, 2021 | finance.yahoo.com

Harte Gold Announces Closing of $24.8 Million Strategic Investment by New Gold

March 11, 2021 | finance.yahoo.com

Vior Confirms Several New Prospective Gold Areas at Skyfall Along a 37 km Strike Length of the Eastern Urban-Barry Belt, Abitibi, Quebec

March 11, 2021 | finance.yahoo.com

BMEX Gold Drilling Identifies Extensive Gold System at King Tut Project

March 10, 2021 | msn.com

Want to switch to the Rose Gold Amex? It’s easier than you might think

March 9, 2021 | finance.yahoo.com

Idaho Champion Gold Strengthens Baner Gold Discovery with Near-Surface Oxide Intercepts

March 9, 2021 | marketwatch.com

Minaurum Acquires Strategic Interest in ASR Resources Corp. via Joint Venture on Adelita Copper-Gold Project

March 8, 2021 | markets.businessinsider.com

QC Copper & Gold Updates on Opemiska Copper Project Drilling, Appoints Philippe Cloutier to Board

March 7, 2021 | msn.com

Why This Gold Stock Fell 15.2% in February but Is Luring Investors in March

March 5, 2021 | markets.businessinsider.com

February was not a good month for gold as global ETF holdings drop 2% - WGC

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30 days | 90 days | 365 days | Advanced Chart

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NGD Company Calendar

Last Earnings: 2/16/2023
Today: 3/29/2023
Next Earnings (Estimated): 5/01/2023

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Gold
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: TSE:NGD
CUSIP: N/A
CIK: N/A
Web: www.newgold.com
Phone: +1-416-3246000
Fax: N/A
Employees: 1,337
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$1.47
High Stock Price Forecast: C$2.50
Low Stock Price Forecast: C$0.85
Forecasted Upside/Downside: -5.2%
Consensus Rating: Hold
Rating Score (0-4): 2.20
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($0.14)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 38.45
P/E Growth: -3.02
Net Income: C$-66,800,000.00
Net Margins: -11.05%
Pretax Margin: N/A
Return on Equity: -6.97%
Return on Assets: -0.48%

Debt

Debt-to-Equity Ratio: 42.19
Current Ratio: 2.20
Quick Ratio: 1.64

Sales & Book Value

Annual Sales: C$604.40 million
Price / Sales: 1.75
Cash Flow: C$0.47 per share
Price / Cash Flow: 3.32
Book Value: C$1.41 per share
Price / Book: 1.10

Miscellaneous

Outstanding Shares: 682,800,000
Free Float: N/A
Market Cap: C$1.06 billion
Optionable: Optionable
Beta: 1.68

Key Executives

Mr. Robert J. Chausse B.Com.
C.A., CPA, Exec. VP & CFO

Mr. Sean Keating
VP, Gen. Counsel & Corp. Sec.

Mr. Eric Vinet
Sr. VP of Operations

Mr. Ankit Shah
VP of Strategy and Bus. Devel.

Mr. Patrick Godin Asc.
B.Sc., Eng., M.Eng., P.Eng., CEO, Pres & Director

Mr. Andrew Croal P.Eng
Director of Technical Services

Mr. Brandon Throop
Director of Investor Relations

Ms. Sharon Giraudel
Director of HR

Mr. John Ritter
Gen. Mang. of New Afton

Ms. Shauntese Constantinoff
Sr. External Project Relations Advisor

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

NGD Stock - Frequently Asked Questions

Should I buy or sell New Gold stock right now?: 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New Gold in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" NGD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NGD, but not buy additional shares or sell existing shares.
View NGD analyst ratings or view top-rated stocks.
What is New Gold's stock price forecast for 2023?: 5 Wall Street research analysts have issued 12 month price objectives for New Gold's stock. Their NGD share price forecasts range from C$0.85 to C$2.50. On average, they predict the company's share price to reach C$1.47 in the next year. This suggests that the stock has a possible downside of 5.2%.
View analysts price targets for NGD or view top-rated stocks among Wall Street analysts.
How have NGD shares performed in 2023?: New Gold's stock was trading at C$1.33 on January 1st, 2023. Since then, NGD shares have increased by 16.5% and is now trading at C$1.55.
View the best growth stocks for 2023 here.
When is New Gold's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 1st 2023.
View our NGD earnings forecast.
How were New Gold's earnings last quarter?: New Gold Inc. (TSE:NGD) posted its quarterly earnings results on Thursday, February, 16th. The company reported ($0.01) EPS for the quarter, meeting analysts' consensus estimates of ($0.01). The company had revenue of $221.04 million for the quarter. New Gold had a negative net margin of 11.05% and a negative trailing twelve-month return on equity of 6.97%.
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).

What is New Gold's stock symbol?: New Gold trades on the Toronto Stock Exchange (TSX) under the ticker symbol "NGD."
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.
What is New Gold's stock price today?: One share of NGD stock can currently be purchased for approximately C$1.55.
How much money does New Gold make?: New Gold (TSE:NGD) has a market capitalization of C$1.06 billion and generates C$604.40 million in revenue each year. The company earns C$-66,800,000.00 in net income (profit) each year or C($0.14) on an earnings per share basis.
How many employees does New Gold have?: The company employs 1,337 workers across the globe.
How can I contact New Gold?: New Gold's mailing address is 181 Bay St Suite 3510, TORONTO, ON M5J 2T3, Canada. The official website for the company is www.newgold.com. The company can be reached via phone at +1-416-3246000.

This page (TSE:NGD) was last updated on 3/29/2023 by MarketBeat.com Staff

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