TSE:NGD New Gold - NGD Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding New Gold Inc. Please log in to your account or sign up in order to add this asset to your watchlist. C$1.53 +0.01 (+0.66%) (As of 03/29/2023 01:03 PM ET) Add Compare Share Share Today's RangeC$1.50▼C$1.5550-Day RangeC$1.14▼C$1.6352-Week RangeC$0.80▼C$2.50Volume723,393 shsAverage Volume1.24 million shsMarket CapitalizationC$1.04 billionP/E RatioN/ADividend YieldN/APrice TargetC$1.47 ProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesHeadlinesOptions ChainSocial Media About New Gold (TSE:NGD) StockNew 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.Read More Receive NGD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for New Gold and its competitors with MarketBeat's FREE daily newsletter. Email Address NGD Stock News HeadlinesMarch 26, 2023 | thestreet.comNew Gold (NGD) Stock Slumps as Gold Prices FallFebruary 21, 2023 | finance.yahoo.comNew Gold (NGD) Loses -20.04% in 4 Weeks, Here's Why a Trend Reversal May be Around the CornerMarch 29, 2023 | Stansberry Research (Ad)The gold catalyst we’ve waited forIf you thought the SVB meltdown was bad… watch out. Because even bigger red flag just appeared. This signal proves that a recession is likely right around the corner. It will take most by surprise. Stocks will crash. Millions will go jobless, and lose their homes. But there is ONE important step you should take today to make sure you come out the other side OK. February 16, 2023 | msn.comNew Gold swings to Q4 loss, guides for stronger production in 2023September 21, 2022 | thestreet.comNew Gold (NGD) Stock Drops, Gold Prices Slide on Stronger DollarAugust 5, 2022 | seekingalpha.comNew Gold Inc. (NGD) CEO Renaud Adams on Q2 2022 Results - Earnings Call TranscriptAugust 2, 2022 | theglobeandmail.comNew Gold Inc stock advanced on Tuesday.July 18, 2022 | msn.comWhy New Gold (TSX:NGD) Stock Sank Nearly 32% Last WeekMarch 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.comAngus Gold Commences Summer Drilling on BIF Discoveries, Golden Sky Project, Wawa, OntarioMay 31, 2022 | seekingalpha.comNew Gold: Lower Grade And Tonnes Processed At New AftonApril 14, 2022 | uk.finance.yahoo.comNew Gold (TSE:NGD) Seems To Use Debt Quite SensiblyFebruary 7, 2022 | finance.yahoo.comTerril Brothers, Inc. Buys SPDR Bloomberg Investment Grade Floating Rate ETF, AT&T Inc,December 22, 2021 | ca.finance.yahoo.comNew Gold Announces Closing of Blackwater Gold Stream for US$300 MillionOctober 21, 2021 | seekingalpha.comNGDSeptember 8, 2021 | msn.comTuesday Sector Laggards: Precious Metals, Packaging & ContainersApril 13, 2021 | finance.yahoo.comNew Gold Reports In-Line First Quarter Operational Results and Provides an Early-Stage Exploration UpdateApril 8, 2021 | nasdaq.comCANADA STOCKS - TSX rises 0.52% to 19,228.87March 24, 2021 | finance.yahoo.comHarte Gold Announces Closing of $24.8 Million Strategic Investment by New GoldMarch 11, 2021 | finance.yahoo.comVior Confirms Several New Prospective Gold Areas at Skyfall Along a 37 km Strike Length of the Eastern Urban-Barry Belt, Abitibi, QuebecMarch 11, 2021 | finance.yahoo.comBMEX Gold Drilling Identifies Extensive Gold System at King Tut ProjectMarch 10, 2021 | msn.comWant to switch to the Rose Gold Amex? It’s easier than you might thinkMarch 9, 2021 | finance.yahoo.comIdaho Champion Gold Strengthens Baner Gold Discovery with Near-Surface Oxide InterceptsMarch 9, 2021 | marketwatch.comMinaurum Acquires Strategic Interest in ASR Resources Corp. via Joint Venture on Adelita Copper-Gold ProjectMarch 8, 2021 | markets.businessinsider.comQC Copper & Gold Updates on Opemiska Copper Project Drilling, Appoints Philippe Cloutier to BoardMarch 7, 2021 | msn.comWhy This Gold Stock Fell 15.2% in February but Is Luring Investors in MarchMarch 5, 2021 | markets.businessinsider.comFebruary was not a good month for gold as global ETF holdings drop 2% - WGCSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive NGD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for New Gold and its competitors with MarketBeat's FREE daily newsletter. Email Address NGD Company Calendar Last Earnings2/16/2023Today3/29/2023Next Earnings (Estimated)5/01/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Gold Sub-IndustryN/A SectorBasic Materials Current SymbolTSE:NGD CUSIPN/A CIKN/A Webwww.newgold.com Phone+1-416-3246000FaxN/AEmployees1,337Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$1.47 High Stock Price ForecastC$2.50 Low Stock Price ForecastC$0.85 Forecasted Upside/Downside-5.2%Consensus RatingHold Rating Score (0-4)2.20 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)C($0.14) Trailing P/E RatioN/A Forward P/E Ratio38.45 P/E Growth-3.02Net IncomeC$-66,800,000.00 Net Margins-11.05% Pretax MarginN/A Return on Equity-6.97% Return on Assets-0.48% Debt Debt-to-Equity Ratio42.19 Current Ratio2.20 Quick Ratio1.64 Sales & Book Value Annual SalesC$604.40 million Price / Sales1.75 Cash FlowC$0.47 per share Price / Cash Flow3.32 Book ValueC$1.41 per share Price / Book1.10Miscellaneous Outstanding Shares682,800,000Free FloatN/AMarket CapC$1.06 billion OptionableOptionable Beta1.68 Key ExecutivesMr. Robert J. Chausse B.Com.C.A., CPA, Exec. VP & CFOMr. Sean KeatingVP, Gen. Counsel & Corp. Sec.Mr. Eric VinetSr. VP of OperationsMr. Ankit ShahVP of Strategy and Bus. Devel.Mr. Patrick Godin Asc.B.Sc., Eng., M.Eng., P.Eng., CEO, Pres & DirectorMr. Andrew Croal P.EngDirector of Technical ServicesMr. Brandon ThroopDirector of Investor RelationsMs. Sharon GiraudelDirector of HRMr. John RitterGen. Mang. of New AftonMs. Shauntese ConstantinoffSr. External Project Relations AdvisorMore ExecutivesKey CompetitorsEquinox GoldCVE:EQXRupert ResourcesCVE:RUPKarora ResourcesTSE:KRRWesdome Gold MinesTSE:WDOAura MineralsTSE:ORAView All CompetitorsInsidersRobert Joseph ChausseBought 100,000 shares on 8/30/2022Total: C$84,000.00 ($0.84/share)Patrick GodinBought 55,000 shares on 8/26/2022Total: C$49,500.00 ($0.90/share)Robert Joseph ChausseBought 100,000 shares on 8/15/2022Total: C$101,000.00 ($1.01/share)Renaud AdamsBought 53,000 shares on 8/12/2022Total: C$55,650.00 ($1.05/share)Renaud AdamsBought 47,000 shares on 8/10/2022Total: C$48,410.00 ($1.03/share)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 Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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