New Gold Company Profile (TSE:NGD)

About New Gold (TSE:NGD)

New Gold logoNew Gold Inc., an intermediate gold mining company, engages in the development and operation of mineral properties. It explores for gold, silver, and copper deposits. The company’s operating properties include the New Afton project located to the northeast of Vancouver in the south-central interior of British Columbia, Canada; the Mesquite mine located in Imperial County, California, the United States; the Peak mines located in New South Wales, Australia; and the Cerro San Pedro mine located in the state of San Luis Potosí, Mexico. It also holds 100% interests in the Rainy River project located in Ontario, Canada; and the Blackwater project located in south-central British Columbia, Canada. The company was founded in 1980 and is headquartered in Toronto, Canada.

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$1.96 billion
  • Outstanding Shares: 576,178,000
Average Prices:
  • 50 Day Moving Avg: C$4.04
  • 200 Day Moving Avg: C$3.97
  • 52 Week Range: C$2.39 - C$5.79
P/E:
  • Trailing P/E Ratio: 45.05
  • Foreward P/E Ratio: 30.91
  • P/E Growth: 13.82
Sales & Book Value:
  • Annual Revenue: C$704.1 million
  • Price / Sales: 2.78
  • Book Value: C$4.01 per share
  • Price / Book: 0.85
Profitability:
  • EBIDTA: C$282.1 million
  • Net Margins: 12.45%
  • Return on Equity: 4.03%
  • Return on Assets: 2.24%
Misc:
  • Average Volume: 5.91 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 Tornton 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 Thursday, October, 26th 2017. View Earnings Estimates for New Gold.

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

9 brokers have issued 12 month target prices 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$4.69 in the next twelve months. 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
  • Brian W. Penny, Chief Financial Officer, Executive Vice President
  • Raymond W. Threlkeld, Director
  • Barry O'Shea, Vice President - Finance, Vice President - Business Development
  • Lisa Damiani, Vice President, General Counsel, Corporate Secretary
  • John Marshall, Vice President - Human Resources
  • Peter Marshall, Vice President - Project Development
  • Mark A. Petersen, Vice President - Exploration
  • Ian Wilton Pearce, Non-Executive Chairman of the Board

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$3.40.


MarketBeat Community Rating for New Gold (TSE NGD)
Community Ranking:  1.3 out of 5 ()
Outperform Votes:  78 (Vote Outperform)
Underperform Votes:  218 (Vote Underperform)
Total Votes:  296
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, 3 Buy Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: C$4.69

Analysts' Ratings History for New Gold (TSE:NGD)
Show:
DateFirmActionRatingPrice TargetDetails
7/28/2017National Bank FinancialBoost Price TargetOutperformC$5.00 -> C$5.25View Rating Details
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
1/31/2017Credit 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 8/18/2015 forward)

Earnings

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

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
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)
Latest Headlines for New Gold (TSE:NGD)
Source:
DateHeadline
finance.yahoo.com logoETFs with exposure to New Gold, Inc. : August 15, 2017
finance.yahoo.com - August 15 at 8:30 PM
finance.yahoo.com logoEdited Transcript of NGD.TO earnings conference call or presentation 27-Jul-17 1:00pm GMT
finance.yahoo.com - August 13 at 1:16 AM
finance.yahoo.com logoNew Gold, Inc. :NGD-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 2, 2017
finance.yahoo.com - August 3 at 6:16 AM
americanbankingnews.com logoNew Gold Inc. (NGD) Forecasted to Post Q1 2018 Earnings of $0.04 Per Share
www.americanbankingnews.com - July 31 at 7:54 AM
americanbankingnews.com logoNew Gold Inc. (TSE:NGD) Given New C$5.25 Price Target at National Bank Financial
www.americanbankingnews.com - July 28 at 2:44 PM
finance.yahoo.com logoNew Gold Announces 2017 Second Quarter Results; Rainy River Project Schedule and Cost Remain in Line with January 2017 Plan
finance.yahoo.com - July 27 at 4:44 AM
finance.yahoo.com logoNew Gold Announces Management Appointments and Addition of New Director
finance.yahoo.com - July 27 at 4:44 AM
finance.yahoo.com logoNew Gold meets 2Q profit forecasts
finance.yahoo.com - July 27 at 4:44 AM
americanbankingnews.com logoNew Gold Inc. (NGD) Forecasted to Post Q2 2017 Earnings of $0.03 Per Share
www.americanbankingnews.com - July 26 at 8:16 AM
americanbankingnews.com logoNew Gold Inc. (NGD) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - July 24 at 6:50 PM
prnewswire.com logoBreakfast Technical Briefing on Gold Stocks -- Barrick Gold, Yamana Gold, Harmony Gold Mining, and New Gold - PR Newswire (press release)
www.prnewswire.com - July 12 at 6:18 AM
prnewswire.com logoNew Gold to Discuss Second Quarter 2017 Financial Results on Thursday, July 27, 2017 - PR Newswire (press release)
www.prnewswire.com - July 12 at 6:18 AM
finance.yahoo.com logoNew Gold to Discuss Second Quarter 2017 Financial Results on Thursday, July 27, 2017
finance.yahoo.com - July 12 at 6:18 AM
finance.yahoo.com logoGauging Miner Reactions to the Latest Slump in Precious Metals
finance.yahoo.com - July 4 at 12:40 AM
finance.yahoo.com logoRJK Explorations Ltd. Completes Sale of Blackwater Gold District Properties
finance.yahoo.com - July 1 at 3:40 AM
americanbankingnews.com logoNew Gold Inc. (NGD) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - June 27 at 4:08 PM
finance.yahoo.com logoNew Gold, Inc. – Value Analysis (TORONTO:NGD) : June 26, 2017
finance.yahoo.com - June 27 at 6:37 AM
marketwatch.com logoShareholders Approve the Sale of Parlane's Big Bear Property to New Gold for C$2.5 Million
www.marketwatch.com - June 16 at 7:46 PM
finance.yahoo.com logo2 Hikes in 3 Months: What’s Next for Precious Metals?
finance.yahoo.com - June 16 at 7:46 PM
finance.yahoo.com logoNew Gold, Inc. breached its 50 day moving average in a Bullish Manner : NGD-CA : June 7, 2017
finance.yahoo.com - June 7 at 8:39 AM
bizjournals.com logoTechnical Snapshots for these Gold Stocks -- Barrick Gold, Yamana Gold, New Gold, and Harmony Gold Mining
www.bizjournals.com - June 6 at 8:58 AM
prnewswire.com logoTechnical Snapshots for these Gold Stocks -- Barrick Gold, Yamana ... - PR Newswire (press release)
www.prnewswire.com - June 6 at 8:58 AM
prnewswire.com logoNew Gold Completes Redemption of 2020 Senior Notes and ... - PR Newswire (press release)
www.prnewswire.com - June 6 at 8:58 AM
finance.yahoo.com logoNew Gold Completes Redemption of 2020 Senior Notes and Extends Credit Facility
finance.yahoo.com - June 5 at 7:26 PM
americanbankingnews.com logoNew Gold Inc. (NGD) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - June 2 at 8:48 AM
finance.yahoo.com logoAre RSI Numbers Moving Away from or Close to Critical Levels?
finance.yahoo.com - May 30 at 6:30 PM
finance.yahoo.com logoWhat Analysts Forecast for Gold Prices in 2017
finance.yahoo.com - May 22 at 9:56 AM
finance.yahoo.com logoNew Gold Announces Closing of $300 Million Senior Notes Offering; Extends Maturity to 2025
finance.yahoo.com - May 19 at 11:33 AM
finance.yahoo.com logoCould Mining Stocks See a Revival?
finance.yahoo.com - May 18 at 8:11 AM
americanbankingnews.com logoNew Gold Inc. to Post Q1 2018 Earnings of ($0.03) Per Share, National Bank Financial Forecasts (NGD)
www.americanbankingnews.com - May 17 at 11:20 AM
americanbankingnews.com logoNew Gold Inc. (NGD) to Post FY2017 Earnings of $0.18 Per Share, Desjardins Forecasts
www.americanbankingnews.com - May 17 at 8:32 AM
finanznachrichten.de logoNEW GOLD INC
www.finanznachrichten.de - May 16 at 10:17 AM
americanbankingnews.com logoNew Gold Inc. (NGD) to Post Q2 2017 Earnings of $0.00 Per Share, National Bank Financial Forecasts
www.americanbankingnews.com - May 16 at 7:52 AM
finance.yahoo.com logoUnderstanding IAMGOLD’s Key 1Q17 Highlights
finance.yahoo.com - May 15 at 6:07 PM
finance.yahoo.com logoNew Gold, Inc. breached its 50 day moving average in a Bullish Manner : NGD-CA : May 12, 2017
finance.yahoo.com - May 12 at 7:28 PM
finance.yahoo.com logoNew Gold Announces Pricing of $300 Million Senior Notes Offering
finance.yahoo.com - May 4 at 6:52 PM
finance.yahoo.com logoNew Gold, Inc. – Value Analysis (TORONTO:NGD) : May 1, 2017
finance.yahoo.com - May 1 at 5:46 PM
americanbankingnews.com logoBeacon Securities Weighs in on New Gold Inc.'s Q4 2017 Earnings (NGD)
www.americanbankingnews.com - May 1 at 11:13 AM
seekingalpha.com logoNew Gold's (NGD) CEO Hannes Portmann on Q1 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - April 29 at 7:17 PM
americanbankingnews.com logoNew Gold's (NGD) "Buy" Rating Reiterated at TD Securities
www.americanbankingnews.com - April 28 at 9:52 PM
finance.yahoo.com logoNew Gold Announces Results of Vote for Election of Board of Directors - Yahoo Finance
finance.yahoo.com - April 28 at 7:50 PM
finance.yahoo.com logoNew Gold, Inc. breached its 50 day moving average in a Bearish Manner : NGD-CA : April 28, 2017
finance.yahoo.com - April 28 at 7:49 PM
finance.yahoo.com logoNew Gold Announces Results of Vote for Election of Board of Directors
finance.yahoo.com - April 28 at 7:49 PM
americanbankingnews.com logoFY2017 EPS Estimates for New Gold Inc. Boosted by Cormark (NGD)
www.americanbankingnews.com - April 28 at 3:16 PM
fool.com logoHere's Why New Gold Inc.'s Stock Is Dropping Today - Motley Fool
www.fool.com - April 28 at 8:57 AM
finance.yahoo.com logoEdited Transcript of NGD.TO earnings conference call or presentation 27-Apr-17 1:00pm GMT
finance.yahoo.com - April 28 at 12:21 AM
americanbankingnews.com logoNew Gold's (NGD) Sector Perform Rating Reiterated at Scotiabank
www.americanbankingnews.com - April 26 at 8:24 PM
prnewswire.com logoGold Stocks Under Review -- Goldcorp, New Gold, Gold Fields, and Harmony Gold - PR Newswire (press release)
www.prnewswire.com - April 26 at 6:26 PM
marketbeat.com logoNew Gold meets 1Q profit forecasts
marketbeat.com - April 26 at 6:09 PM
americanbankingnews.com logoNew Gold Inc. (NGD) to Post Q1 2017 Earnings of $0.00 Per Share, National Bank Financial Forecasts
www.americanbankingnews.com - April 24 at 7:06 AM

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Chart

New Gold (NGD) Chart for Friday, August, 18, 2017

This page was last updated on 8/18/2017 by MarketBeat.com Staff