New Gold Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New Gold in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" New Gold stock. 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 analyst ratings for New Gold or view top-rated stocks.

Wall Street analysts have given New Gold a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but New Gold wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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New Gold is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for New Gold.

New Gold Inc. (TSE:NGD) announced its earnings results on Thursday, February, 18th. The company reported $0.05 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.03 by $0.02. The firm earned $259.25 million during the quarter.
View New Gold's earnings history.

New Gold's stock was trading at C$0.91 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, NGD stock has increased by 148.4% and is now trading at C$2.26.
View which stocks have been most impacted by COVID-19.

6 brokerages have issued 12-month price objectives for New Gold's shares. Their forecasts range from C$1.70 to C$3.00. On average, they expect New Gold's stock price to reach C$2.47 in the next twelve months. This suggests a possible upside of 9.1% from the stock's current price.
View analysts' price targets for New Gold or view top-rated stocks among Wall Street analysts.

Some companies that are related to New Gold include Yamana Gold (YRI), SSR Mining (SSRM), Alamos Gold (AGI), Equinox Gold (EQX), Alacer Gold (ASR), Centerra Gold (CG), Osisko Gold Royalties (OR), Equitable Group (EQB), Eldorado Gold (ELD), Centamin (CEE), Teranga Gold (TGZ), IAMGOLD (IMG), Sandstorm Gold (SSL), OceanaGold (OGC) and K92 Mining (KNT).
View all of NGD's competitors.

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).

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

Shares of NGD 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.
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One share of NGD stock can currently be purchased for approximately C$2.26.

New Gold has a market capitalization of C$1.54 billion and generates C$666 million in revenue each year.

New Gold employs 1,337 workers across the globe.

The official website for New Gold is www.newgold.com.

New Gold is headquartered at 181 Bay St Suite 3510, TORONTO, ON M5J 2T3, Canada.

New Gold's mailing address is 181 Bay St Suite 3510, TORONTO, ON M5J 2T3, Canada. The company can be reached via phone at +1-416-3246000.