NYSE:NGD

New Gold (NGD) Stock Price, News & Analysis

$1.81
-0.01 (-0.55%)
(As of 05/3/2024 ET)
Today's Range
$1.80
$1.87
50-Day Range
N/A
52-Week Range
$0.86
$1.95
Volume
3.59 million shs
Average Volume
6.45 million shs
Market Capitalization
$1.25 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$1.64

New Gold MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
9.4% Downside
$1.64 Price Target
Short Interest
Healthy
0.88% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.95mentions of New Gold in the last 14 days
Based on 17 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
66.67%
From $0.09 to $0.15 Per Share

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.

2.23 out of 5 stars

Basic Materials Sector

739th out of 1,050 stocks

Metal Mining Industry

79th out of 132 stocks

About New Gold

New 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.

NGD Stock Price History

NGD Stock News Headlines

Never use this word on your phone (FBI could be watching)
This report sent a chill down my spine. Turns out, as part of their Jan. 6th investigation, the Feds are flagging Americans who typed these ordinary words as part of their banking transactions...
New Gold (NYSE:NGD) Upgraded to Buy by StockNews.com
NGD Stock Earnings: New Gold Beats Revenue for Q1 2024
Never use this word on your phone (FBI could be watching)
This report sent a chill down my spine. Turns out, as part of their Jan. 6th investigation, the Feds are flagging Americans who typed these ordinary words as part of their banking transactions...
NEW GOLD REPORTS FIRST QUARTER 2024 RESULTS
The 7 Best Penny Stocks to Buy in April 2024
Stocks in play: New Gold Inc.
7 High-Potential Penny Stocks to Buy for Massive ROI
Lundin Gold: A Solid Buy-The-Dip Candidate
See 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.

Company Calendar

Last Earnings
4/30/2024
Today
5/03/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Metal mining
Sub-Industry
N/A
CIK
N/A
Employees
1,578
Year Founded
N/A

Price 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 Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
5 Analysts

Profitability

Net Income
$-64,500,000.00
Pretax Margin
-10.60%

Debt

Sales & Book Value

Annual Sales
$786.50 million
Cash Flow
$0.40 per share
Book Value
$1.44 per share

Miscellaneous

Free Float
688,449,000
Market Cap
$1.25 billion
Optionable
N/A
Beta
1.53
10 Best Stocks to Own in 2024 Cover

Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio.

Get This Free Report

Key Executives

  • Mr. Patrick Godin Asc. (Age 55)
    B.Sc., Eng., M.Eng., P.Eng., CEO, President & Director
    Comp: $1.36M
  • Mr. Yohann Bouchard
    Executive VP & COO
  • Mr. Sean Keating
    VP, General Counsel & Corporate Secretary
  • Mr. Ankit Shah
    Executive Vice President of Strategy & Business Development
  • Mr. Keith Murphy
    Executive VP & CFO
  • Mr. Luke Buchanan
    Vice President of Technical Services
  • Mr. Brandon Throop
    Director of Investor Relations
  • Ms. Sharon Giraudel
    Head of Human Resources
  • Mr. Jean-Francois Ravenelle
    Vice President of Geology
  • Mr. Paul Melling
    Treasurer

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 year. 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 brokerages have issued 1 year price targets for New Gold's stock. Their NGD share price targets range from $1.05 to $2.25. On average, they predict the company's share price to reach $1.64 in the next twelve months. 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 at the beginning of the year. Since then, NGD shares have 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 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 daily volume of 6,030,000 shares, the days-to-cover ratio is currently 1.0 days. Approximately 1.0% of the company's shares are sold short.
View New Gold's Short Interest
.

How were New Gold's earnings last quarter?

New Gold Inc. (NYSE:NGD) released its quarterly earnings results on Tuesday, April, 30th. The company reported $0.02 earnings per share for the quarter, topping analysts' consensus estimates of $0.01 by $0.01. The firm earned $192.10 million during the quarter. New Gold had a positive trailing twelve-month return on equity of 4.85% and a negative net margin of 9.81%.

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?
Who are New Gold's major shareholders?

New Gold's stock is owned by a number of retail and institutional investors. Top institutional investors 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 Partners