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DOW   32,920.46
QQQ   300.92
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The Biggest "Missing Ingredient" in the $7 Trillion EV Market (Ad)
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Closing prices for crude oil, gold and other commodities
S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
Retirement Plans in 2023: Choosing the Right Account
The Biggest "Missing Ingredient" in the $7 Trillion EV Market (Ad)
Bed Bath & Beyond Is Circling the Drain
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
The Biggest "Missing Ingredient" in the $7 Trillion EV Market (Ad)
AMD Results Are No Reason To Buy Semiconductors... Yet
Scotts Miracle-Gro Hits Bottom, Reversal In Play
The Biggest "Missing Ingredient" in the $7 Trillion EV Market (Ad)
Altria is a Great Recession Stock, Long-Term Outlook Uncertain
Closing prices for crude oil, gold and other commodities
S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
Retirement Plans in 2023: Choosing the Right Account
The Biggest "Missing Ingredient" in the $7 Trillion EV Market (Ad)
Bed Bath & Beyond Is Circling the Drain
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
The Biggest "Missing Ingredient" in the $7 Trillion EV Market (Ad)
AMD Results Are No Reason To Buy Semiconductors... Yet
Scotts Miracle-Gro Hits Bottom, Reversal In Play
The Biggest "Missing Ingredient" in the $7 Trillion EV Market (Ad)
Altria is a Great Recession Stock, Long-Term Outlook Uncertain
Closing prices for crude oil, gold and other commodities
S&P 500   3,852.36
DOW   32,920.46
QQQ   300.92
Retirement Plans in 2023: Choosing the Right Account
The Biggest "Missing Ingredient" in the $7 Trillion EV Market (Ad)
Bed Bath & Beyond Is Circling the Drain
Allegro Microsystems Is A Well-Positioned Semiconductor Stock
The Biggest "Missing Ingredient" in the $7 Trillion EV Market (Ad)
AMD Results Are No Reason To Buy Semiconductors... Yet
Scotts Miracle-Gro Hits Bottom, Reversal In Play
The Biggest "Missing Ingredient" in the $7 Trillion EV Market (Ad)
Altria is a Great Recession Stock, Long-Term Outlook Uncertain
Closing prices for crude oil, gold and other commodities
TSE:NGD

New Gold - NGD Stock Forecast, Price & News

C$1.61
+0.04 (+2.55%)
(As of 02/1/2023 12:00 AM ET)
Add
Compare
Today's Range
C$1.54
▼
C$1.64
50-Day Range
C$1.31
▼
C$1.66
52-Week Range
C$0.80
▼
C$2.57
Volume
1.35 million shs
Average Volume
1.10 million shs
Market Capitalization
C$1.10 billion
P/E Ratio
7.67
Dividend Yield
N/A
Price Target
C$1.36

NGD stock logo

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

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
February 2, 2023 | Investor Place Media (Ad)
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
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
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 2, 2023 | Investor Place Media (Ad)
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
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
March 4, 2021 | marketwatch.com
Gold settles at 9-month low as Powell’s comments help strengthen the dollar, bond yields
March 4, 2021 | benzinga.com
Molina Healthcare Wins Gold Stevie Award for New Molina Marketplace Website
March 4, 2021 | finance.yahoo.com
Delta Intersects High Grade Gold up to 50.75 g/t in New Gold Discovery at Delta-2 - Chibougamau, Quebec
See More Headlines
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NGD Company Calendar

Today
2/02/2023
Next Earnings (Estimated)
2/22/2023
Get Stock Alerts

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$1.36
High Stock Price Forecast
C$2.00
Low Stock Price Forecast
C$0.85
Forecasted Upside/Downside
-15.8%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

EPS (Most Recent Fiscal Year)
N/A
Trailing P/E Ratio
7.67
Forward P/E Ratio
13.42
P/E Growth
-3.02
Net Income
N/A
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
N/A
Return on Assets
N/A

Debt

Debt-to-Equity Ratio
39.81
Current Ratio
2.25
Quick Ratio
1.64

Sales & Book Value

Annual Sales
C$644.20 million
Price / Sales
1.71
Cash Flow
C$0.49 per share
Price / Cash Flow
3.32
Book Value
C$1.50 per share
Price / Book
1.07

Miscellaneous

Outstanding Shares
682,300,000
Free Float
N/A
Market Cap
C$1.10 billion
Optionable
Optionable
Beta
N/A

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 & Institutions

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 targets for New Gold's stock. Their NGD share price forecasts range from C$0.85 to C$2.00. On average, they expect the company's stock price to reach C$1.36 in the next twelve months. This suggests that the stock has a possible downside of 15.8%.
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 at the beginning of the year. Since then, NGD shares have increased by 21.1% and is now trading at C$1.61.
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 Wednesday, February 22nd 2023.
View our NGD earnings forecast.

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$1.61.

How much money does New Gold make?

New Gold (TSE:NGD) has a market capitalization of C$1.10 billion and generates C$644.20 million in revenue each year.

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 2/2/2023 by MarketBeat.com Staff