New 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 companys 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?
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?
Some companies that are related to New Gold include IAMGOLD Corp (IMG), Yamana Gold (YRI), B2Gold Corp. (BTO), Alamos Gold (AGI), Detour Gold (DGC), Osisko gold royalties Ltd (OR), Alamos Gold (AGI), OceanaGold (OGC), Endeavour Mining Corp (EDV), Centerra Gold (CG), Eldorado Gold Corp (ELD), Birchcliff Energy (BIR), Torex Gold Resources (TXG), Equitable Group (EQB), Osisko Mining Corp (OSK), Guyana Goldfields (GUY), Premier Gold Mines (PG) and Alacer Gold Corp (ASR).
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)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.
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, 3 Buy Ratings |
| Consensus Rating: | Hold (Score: 2.00) |
| Consensus Price Target: | C$4.69 |
Analysts' Ratings History for New Gold (TSE:NGD)
Show:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 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 | |
| 4/26/2017 | Scotiabank | Reiterated Rating | Sector Perform | C$4.00 | |
| 3/10/2017 | Desjardins | Reiterated Rating | Buy | C$4.75 | |
| 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 | |
| 2/3/2017 | Canaccord Genuity | Lower Price Target | | C$4.25 -> C$4.00 | |
| 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 | |
(Data available from 8/18/2015 forward)
Earnings History for New Gold (TSE:NGD)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for New Gold (TSE:NGD)2017 EPS Consensus Estimate: $0.09
2018 EPS Consensus Estimate: $0.13
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 5 | $0.00 | $0.05 | $0.02 |
| Q2 2017 | 5 | $0.01 | $0.05 | $0.03 |
| Q3 2017 | 5 | $0.01 | $0.05 | $0.02 |
| Q4 2017 | 5 | $0.00 | $0.05 | $0.02 |
| Q1 2018 | 2 | ($0.03) | $0.04 | $0.01 |
| Q2 2018 | 1 | $0.04 | $0.04 | $0.04 |
| Q3 2018 | 1 | $0.04 | $0.04 | $0.04 |
| Q4 2018 | 1 | $0.04 | $0.04 | $0.04 |
(Data provided by Zacks Investment Research)
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)| 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 | |
| 3/14/2017 | Armando Ortega | Insider | Sell | 23,333 | C$3.68 | C$85,865.44 | |
| 3/10/2017 | Vahan Kololian | Director | Buy | 100,000 | C$2.80 | C$280,000.00 | |
| 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 | |
| 2/23/2016 | Robert Gallagher | Insider | Sell | 283,618 | C$4.44 | C$1,259,263.92 | |
| 12/7/2015 | Mark Alexander Petersen | Insider | Sell | 100,000 | C$3.28 | C$328,000.00 | |
| 12/2/2015 | John Marshall | Insider | Sell | 21,162 | C$3.13 | C$66,237.06 | |
| 11/6/2015 | K Priestly | Director | Buy | 22,000 | C$2.31 | C$50,820.00 | |
| 9/18/2015 | John Marshall | Insider | Sell | 13,985 | C$3.25 | C$45,451.25 | |
| 9/3/2015 | K Priestly | Director | Buy | 33,000 | C$2.28 | C$75,207.00 | |
| 6/4/2015 | David Lee Emerson | Director | Buy | 5,000 | C$3.94 | C$19,700.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for New Gold (TSE:NGD)
Latest Headlines for New Gold (TSE:NGD)
| Source: |
|
| Date | Headline |
|---|
 | ETFs with exposure to New Gold, Inc. : August 15, 2017
finance.yahoo.com - August 15 at 8:30 PM |
| Edited Transcript of NGD.TO earnings conference call or presentation 27-Jul-17 1:00pm GMT
finance.yahoo.com - August 13 at 1:16 AM |
| New Gold, Inc. :NGD-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 2, 2017
finance.yahoo.com - August 3 at 6:16 AM |
 | New Gold Inc. (NGD) Forecasted to Post Q1 2018 Earnings of $0.04 Per Share
www.americanbankingnews.com - July 31 at 7:54 AM |
| New Gold Inc. (TSE:NGD) Given New C$5.25 Price Target at National Bank Financial
www.americanbankingnews.com - July 28 at 2:44 PM |
| New 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 |
| New Gold Announces Management Appointments and Addition of New Director
finance.yahoo.com - July 27 at 4:44 AM |
| New Gold meets 2Q profit forecasts
finance.yahoo.com - July 27 at 4:44 AM |
| New Gold Inc. (NGD) Forecasted to Post Q2 2017 Earnings of $0.03 Per Share
www.americanbankingnews.com - July 26 at 8:16 AM |
| New Gold Inc. (NGD) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - July 24 at 6:50 PM |
 | Breakfast 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 |
| New 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 |
| New Gold to Discuss Second Quarter 2017 Financial Results on Thursday, July 27, 2017
finance.yahoo.com - July 12 at 6:18 AM |
| Gauging Miner Reactions to the Latest Slump in Precious Metals
finance.yahoo.com - July 4 at 12:40 AM |
| RJK Explorations Ltd. Completes Sale of Blackwater Gold District Properties
finance.yahoo.com - July 1 at 3:40 AM |
| New Gold Inc. (NGD) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - June 27 at 4:08 PM |
| New Gold, Inc. – Value Analysis (TORONTO:NGD) : June 26, 2017
finance.yahoo.com - June 27 at 6:37 AM |
 | Shareholders 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 |
| 2 Hikes in 3 Months: What’s Next for Precious Metals?
finance.yahoo.com - June 16 at 7:46 PM |
| New 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 |
 | Technical Snapshots for these Gold Stocks -- Barrick Gold, Yamana Gold, New Gold, and Harmony Gold Mining
www.bizjournals.com - June 6 at 8:58 AM |
| Technical Snapshots for these Gold Stocks -- Barrick Gold, Yamana ... - PR Newswire (press release)
www.prnewswire.com - June 6 at 8:58 AM |
| New Gold Completes Redemption of 2020 Senior Notes and ... - PR Newswire (press release)
www.prnewswire.com - June 6 at 8:58 AM |
| New Gold Completes Redemption of 2020 Senior Notes and Extends Credit Facility
finance.yahoo.com - June 5 at 7:26 PM |
| New Gold Inc. (NGD) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - June 2 at 8:48 AM |
| Are RSI Numbers Moving Away from or Close to Critical Levels?
finance.yahoo.com - May 30 at 6:30 PM |
| What Analysts Forecast for Gold Prices in 2017
finance.yahoo.com - May 22 at 9:56 AM |
| New Gold Announces Closing of $300 Million Senior Notes Offering; Extends Maturity to 2025
finance.yahoo.com - May 19 at 11:33 AM |
| Could Mining Stocks See a Revival?
finance.yahoo.com - May 18 at 8:11 AM |
| New 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 |
| New Gold Inc. (NGD) to Post FY2017 Earnings of $0.18 Per Share, Desjardins Forecasts
www.americanbankingnews.com - May 17 at 8:32 AM |
 | NEW GOLD INC
www.finanznachrichten.de - May 16 at 10:17 AM |
| New 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 |
| Understanding IAMGOLD’s Key 1Q17 Highlights
finance.yahoo.com - May 15 at 6:07 PM |
| New 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 |
| New Gold Announces Pricing of $300 Million Senior Notes Offering
finance.yahoo.com - May 4 at 6:52 PM |
| New Gold, Inc. – Value Analysis (TORONTO:NGD) : May 1, 2017
finance.yahoo.com - May 1 at 5:46 PM |
| Beacon Securities Weighs in on New Gold Inc.'s Q4 2017 Earnings (NGD)
www.americanbankingnews.com - May 1 at 11:13 AM |
 | New Gold's (NGD) CEO Hannes Portmann on Q1 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - April 29 at 7:17 PM |
| New Gold's (NGD) "Buy" Rating Reiterated at TD Securities
www.americanbankingnews.com - April 28 at 9:52 PM |
| New Gold Announces Results of Vote for Election of Board of Directors - Yahoo Finance
finance.yahoo.com - April 28 at 7:50 PM |
| New 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 |
| New Gold Announces Results of Vote for Election of Board of Directors
finance.yahoo.com - April 28 at 7:49 PM |
| FY2017 EPS Estimates for New Gold Inc. Boosted by Cormark (NGD)
www.americanbankingnews.com - April 28 at 3:16 PM |
 | Here's Why New Gold Inc.'s Stock Is Dropping Today - Motley Fool
www.fool.com - April 28 at 8:57 AM |
| Edited Transcript of NGD.TO earnings conference call or presentation 27-Apr-17 1:00pm GMT
finance.yahoo.com - April 28 at 12:21 AM |
| New Gold's (NGD) Sector Perform Rating Reiterated at Scotiabank
www.americanbankingnews.com - April 26 at 8:24 PM |
| Gold Stocks Under Review -- Goldcorp, New Gold, Gold Fields, and Harmony Gold - PR Newswire (press release)
www.prnewswire.com - April 26 at 6:26 PM |
 | New Gold meets 1Q profit forecasts
marketbeat.com - April 26 at 6:09 PM |
| New 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 |
New Gold (NGD) Chart for Friday, August, 18, 2017
