NYSE:NGD New Gold (NGD) Stock Price, News & Analysis → Elon to Transform U.S. Economy? (From Porter & Company) (Ad) Free NGD Stock Alerts $1.81 -0.01 (-0.55%) (As of 05/3/2024 ET) Add Compare Share Share Today's Range$1.80▼$1.8750-Day Range N/A52-Week Range$0.86▼$1.95Volume3.59 million shsAverage Volume6.45 million shsMarket Capitalization$1.25 billionP/E RatioN/ADividend YieldN/APrice Target$1.64 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsHeadlinesOwnershipShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsHeadlinesOwnershipShort InterestSocial Media Get New Gold alerts: Email Address New Gold MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside9.4% Downside$1.64 Price TargetShort InterestHealthy0.88% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.95Based on 17 Articles This WeekInsider TradingN/AProj. Earnings Growth66.67%From $0.09 to $0.15 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.24 out of 5 starsBasic Materials Sector739th out of 1,050 stocksMetal Mining Industry79th out of 132 stocks 1.0 Analyst's Opinion Consensus RatingNew Gold has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 3 hold ratings, and 1 sell rating.Amount of Analyst CoverageNew Gold has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.88% of the float of New Gold has been sold short.Short Interest Ratio / Days to CoverNew Gold has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in New Gold has recently decreased by 6.86%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldNew Gold does not currently pay a dividend.Dividend GrowthNew Gold does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NGD. Previous Next 3.3 News and Social Media Coverage News SentimentNew Gold has a news sentiment score of 0.95. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.41 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 17 news articles for New Gold this week, compared to 2 articles on an average week.Search InterestOnly 7 people have searched for NGD on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows4 people have added New Gold to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, New Gold insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.20% of the stock of New Gold is held by insiders.Percentage Held by Institutions42.82% of the stock of New Gold is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for New Gold are expected to grow by 66.67% in the coming year, from $0.09 to $0.15 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of New Gold is -18.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of New Gold is -18.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioNew Gold has a PEG Ratio of 0.59. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioNew Gold has a P/B Ratio of 1.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad InvestorPlaceElon’s New Device is About to Shock the WorldUsing this device you see above… Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in… “The next step in human evolution.” Click here to see the details because there’s a lot of money at stake. About New GoldNew Gold Inc., an intermediate gold mining company, develops and operates of mineral properties in Canada. It primarily explores for gold, silver, and copper deposits. The company's principal operating properties include 100% interest in the Rainy River mine located in Northwestern Ontario, Canada; and New Afton project situated in South-Central British Columbia. New Gold Inc. is headquartered in Toronto, Canada.Read More NGD Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NGD Stock News HeadlinesMay 4, 2024 | americanbankingnews.comNew Gold Inc. (NYSE:NGD) Forecasted to Post FY2026 Earnings of $0.26 Per ShareMay 2, 2024 | finanznachrichten.deNew Gold Inc.: New Gold Reports First Quarter 2024 ResultsMay 4, 2024 | Stansberry Research (Ad)Gold ManiaFormer Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).May 2, 2024 | finance.yahoo.comNew Gold First Quarter 2024 Earnings: Revenues Beat Expectations, EPS LagsMay 2, 2024 | americanbankingnews.comNew Gold (NYSE:NGD) Upgraded to Buy by StockNews.comMay 1, 2024 | investorplace.com7 Penny Stocks With the Potential to Make You an Overnight MillionaireMay 1, 2024 | seekingalpha.comNew Gold Inc. 2024 Q1 - Results - Earnings Call PresentationApril 30, 2024 | investorplace.comNGD Stock Earnings: New Gold Beats Revenue for Q1 2024May 4, 2024 | Stansberry Research (Ad)Gold ManiaFormer Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).April 30, 2024 | juniorminingnetwork.comNew Gold Reports First Quarter 2024 Results; Annual Guidance Tracking to Plan, Growth Projects Make Meaningful Strides Towards CompletionApril 30, 2024 | prnewswire.comNEW GOLD REPORTS FIRST QUARTER 2024 RESULTSApril 27, 2024 | americanbankingnews.comNew Gold Inc. to Post Q2 2024 Earnings of $0.02 Per Share, Raymond James Forecasts (NYSEAMERICAN:NGD)April 21, 2024 | finance.yahoo.comInvestors in New Gold (TSE:NGD) have seen splendid returns of 103% over the past five yearsApril 19, 2024 | seekingalpha.comNew Gold: Robust Cash Flow Upside, Potentially At Attractive Stock PricesApril 11, 2024 | investorplace.comIf You Can Only Buy One Penny Stock in April, It Better Be One of These 7 NamesApril 8, 2024 | msn.comGold looks ‘very vulnerable' to a setback, strategist says, after prices hit record highApril 7, 2024 | investorplace.comThe 7 Best Penny Stocks to Buy in April 2024April 3, 2024 | ca.finance.yahoo.comStocks in play: New Gold Inc.April 3, 2024 | prnewswire.comNEW GOLD PROVIDES NOTICE OF RELEASE OF FIRST QUARTER 2024 RESULTS AND CONFERENCE CALLApril 1, 2024 | msn.comIndia gold prices soar to record high, dampening demand, dealers sayMarch 29, 2024 | investorplace.com7 High-Potential Penny Stocks to Buy for Massive ROIMarch 28, 2024 | msn.com‘Gold nuggets in night sky’: Astronomers find 49 new galaxies in 3 hrsMarch 12, 2024 | finanznachrichten.deTalisker Resources Ltd.: Talisker Signs Definitive Ore Purchase Agreement with New Gold Inc.March 12, 2024 | financialpost.comTalisker Signs Definitive Ore Purchase Agreement with New Gold Inc.March 11, 2024 | msn.comMiners help TSX hold just above the flatlineMarch 11, 2024 | seekingalpha.comLundin Gold: A Solid Buy-The-Dip CandidateMarch 8, 2024 | fool.comWhy AngloGold Ashanti, Iamgold, and New Gold Are Soaring This WeekSee More Headlines 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 Company Calendar Last Earnings4/30/2024Today5/03/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBasic Materials Industry Metal mining Sub-IndustryN/A Current SymbolNYSE:NGD CUSIPN/A CIKN/A Webwww.newgold.com Phone416-324-6000Fax416-324-9494Employees1,578Year FoundedN/APrice Target and Rating Average Stock Price Target$1.64 High Stock Price Target$2.25 Low Stock Price Target$1.05 Potential Upside/Downside-9.4%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($0.10) Trailing P/E RatioN/A Forward P/E Ratio20.11 P/E Growth0.59Net Income$-64,500,000.00 Net Margins-9.81% Pretax Margin-10.60% Return on Equity4.85% Return on Assets1.75% Debt Debt-to-Equity Ratio0.54 Current Ratio1.51 Quick Ratio0.98 Sales & Book Value Annual Sales$786.50 million Price / Sales1.59 Cash Flow$0.40 per share Price / Cash Flow4.58 Book Value$1.44 per share Price / Book1.26Miscellaneous Outstanding Shares689,830,000Free Float688,449,000Market Cap$1.25 billion OptionableN/A Beta1.53 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for May 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Patrick Godin Asc. (Age 55)B.Sc., Eng., M.Eng., P.Eng., CEO, President & Director Comp: $1.36MMr. Yohann BouchardExecutive VP & COOMr. Sean KeatingVP, General Counsel & Corporate SecretaryMr. Ankit ShahExecutive Vice President of Strategy & Business DevelopmentMr. Keith MurphyExecutive VP & CFOMr. Luke BuchananVice President of Technical ServicesMr. Brandon ThroopDirector of Investor RelationsMs. Sharon GiraudelHead of Human ResourcesMr. Jean-Francois RavenelleVice President of GeologyMr. Paul MellingTreasurerMore ExecutivesKey CompetitorsHycroft MiningNASDAQ:HYMCWHycroft MiningNASDAQ:HYMCLOsisko DevelopmentNASDAQ:ODVWZAlgoma Steel GroupNASDAQ:ASTLWAlmaden MineralsNYSE:AAUView All CompetitorsInstitutional OwnershipMoloney Securities Asset Management LLCBought 25,000 shares on 5/2/2024Ownership: 0.000%Van ECK Associates CorpBought 5,613,145 shares on 4/30/2024Ownership: 10.513%TSP Capital Management Group LLCSold 21,000 shares on 4/30/2024Ownership: 1.576%Triasima Portfolio Management inc.Bought 669,487 shares on 4/26/2024Ownership: 0.097%U S Global Investors Inc.Sold 247,314 shares on 4/24/2024Ownership: 0.420%View All Institutional Transactions NGD Stock Analysis - Frequently Asked Questions Should I buy or sell New Gold stock right now? 5 Wall Street equities research 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 1 buy rating for the stock. The consensus among Wall Street equities research 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 target for 2024? 5 equities research analysts have issued twelve-month price objectives for New Gold's stock. Their NGD share price targets range from $1.05 to $2.25. On average, they anticipate the company's stock price to reach $1.64 in the next year. This suggests that the stock has a possible downside of 9.4%. View analysts price targets for NGD or view top-rated stocks among Wall Street analysts. How have NGD shares performed in 2024? New Gold's stock was trading at $1.82 on January 1st, 2024. Since then, NGD stock has decreased by 0.5% and is now trading at $1.81. View the best growth stocks for 2024 here. Are investors shorting New Gold? New Gold saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 6,120,000 shares, an increase of 57.7% from the March 15th total of 3,880,000 shares. Based on an average trading volume of 6,030,000 shares, the short-interest ratio is presently 1.0 days. Currently, 1.0% of the company's shares are short sold. View New Gold's Short Interest. How were New Gold's earnings last quarter? New Gold Inc. (NYSE:NGD) announced its quarterly earnings results on Tuesday, April, 30th. The company reported $0.02 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.01. The company earned $192.10 million during the quarter. New Gold had a negative net margin of 9.81% and a positive trailing twelve-month return on equity of 4.85%. What ETFs hold New Gold's stock? ETFs with the largest weight of New Gold (NYSE:NGD) stock in their portfolio include VanEck Junior Gold Miners ETF (GDXJ).VanEck Gold Miners ETF (GDX). 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 Kratos Defense & Security Solutions (KTOS), Infinera (INFN), Himax Technologies (HIMX), Hudbay Minerals (HBM), Diebold Nixdorf (DBD), Cornerstone Building Brands (CNR), Cleveland-Cliffs (CLF), Coeur Mining (CDE), Bombardier (BBD) and Yamana Gold (AUY). Who are New Gold's major shareholders? New Gold's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Van ECK Associates Corp (10.51%), TSP Capital Management Group LLC (1.58%), U S Global Investors Inc. (0.42%), Triasima Portfolio Management inc. (0.10%) and Moloney Securities Asset Management LLC (0.00%). How do I buy shares of New Gold? Shares of NGD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:NGD) was last updated on 5/4/2024 by MarketBeat.com Staff From Our PartnersElon to Transform U.S. Economy? Porter & CompanyAutomatic Income (from home)Awesomely, LLCGlobal crypto currency reset (41 major banks signed up)Stansberry ResearchCould Your Accounts Be Frozen?Allegiance GoldThe Gold Grab of the CenturyColonial MetalsStock-Picking AI Predicts #1 Stock of 2024AltimetryBitcoin Rockets To Record High But Buy THIS InsteadParadigm PressThe only AI company you should be looking atBehind the Markets Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding New Gold Inc. 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