NYSE:NGD - New Gold Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $2.00
  • Forecasted Upside: 9.29 %
  • Number of Analysts: 2
  • Breakdown:
  • 1 Sell Ratings
  • 1 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$1.83
▲ +0.08 (4.57%)
1 month | 3 months | 12 months
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Analyst Price Target for NGD

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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). Our 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. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$2.00
▲ +9.29% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for New Gold in the last 3 months. The average price target is $2.00, with a high forecast of $2.25 and a low forecast of $1.75. The average price target represents a 9.29% upside from the last price of $1.83.
Hold
The current consensus among 2 investment analysts is to hold stock in New Gold.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/7/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/5/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/4/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/3/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/1/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/30/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 1 sell ratings
10/29/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 1 sell ratings
11/28/2020

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 1 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/16/2020Raymond JamesBoost Price TargetMarket Perform$2.00 ➝ $2.25High
i
10/8/2020Bank of AmericaBoost Price TargetUnderperform$1.55 ➝ $1.75Low
i
9/24/2020Raymond JamesBoost Price TargetMarket Perform$1.50 ➝ $2.00Low
i
(Data available from 11/29/2015 forward)
New Gold logo
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 company's principal operating properties include 100% interests in the Rainy River gold-silver mine located in Ontario, Canada; and New Afton gold-copper mine located in British Columbia, Canada. It also holds 100% interests in the Blackwater gold-silver project located in British Columbia, Canada; and operates the Cerro San Pedro gold-silver mine in Mexico. New Gold Inc. is headquartered in Toronto, Canada.
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Today's Range

Now: $1.83
$1.72
$1.83

50 Day Range

MA: $1.99
$1.73
$2.26

52 Week Range

Now: $1.83
$0.39
$2.28

Volume

4,411,938 shs

Average Volume

6,733,032 shs

Market Capitalization

$1.24 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.1