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New Gold (NGD)
NYSE MKT:NGD
New Gold (NGD) Stock Price & Analysis
537 Followers
NGD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.86 - $1.94
Previous Close$1.72
Volume1.65M
Average Volume (3M)6.72M
Market Cap
$1.23B
Enterprise Value$774.48B
Total Cash (Recent Filing)$3.13B
Total Debt (Recent Filing)$776.40B
Price to Earnings (P/E)-18.2
Beta1.27
Next Earnings
Apr 30, 2024EPS Estimate
>-$0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.09
Shares Outstanding685,600,000
10 Day Avg. Volume10,578,094
30 Day Avg. Volume6,720,375
Standard Deviation0.21
R-Squared0.15
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)0.00
Price to Sales (P/S)0.00200
Price to Cash Flow (P/CF)0.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.00
Enterprise Value/Gross Profit4.40
Enterprise Value/Ebitda4.35
Forecast
1Y Price Target
$1.81Price Target Upside3.13% Upside
Rating ConsensusHold
Number of Analyst Covering8
New Gold News
PremiumCompany Announcements
New Gold Inc. Schedules Q1 Results and Virtual AGM
PremiumCompany Announcements
New Gold Inc. Welcomes Richard O’Brien to Board
Bulls Say, Bears Say
Bulls Say
Financial PerformanceModest improvement in net debt position as compared to previous quarter.
Future OutlookAnalysts forecast a path to higher production, lower costs, and lower capex for NGD, ultimately leading to robust free cash flow generation.
Stock ValuationNGD remains a significantly discounted stock, with analysts reiterating an Outperform rating and a target price that highlights its investment potential.
Bears Say
Financial HealthBalance sheet constraints may limit the ability to repurchase OTPP’s stake in New Afton.
Financial PerformanceAdjusted loss per share in Q4’23 missed both BofAe and consensus estimates.
Operational ChallengesLower-than-expected copper production guidance and higher-than-expected capital cost guidance were negative to estimates.
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Ownership Overview
2.87% Insiders
3.81% Mutual Funds
15.07% Other Institutional Investors
78.25% Public Companies and
Individual Investors
NGD FAQ
What was New Gold’s price range in the past 12 months?
New Gold lowest stock price was $0.86 and its highest was $1.94 in the past 12 months.
What is New Gold’s market cap?
Currently, no data Available
When is New Gold’s upcoming earnings report date?
New Gold’s upcoming earnings report date is Apr 30, 2024 which is in 10 days.
How were New Gold’s earnings last quarter?
New Gold released its earnings results on Feb 13, 2024. The company reported -$0.01 earnings per share for the quarter, missing the consensus estimate of $0.021 by -$0.031.
Is New Gold overvalued?
According to Wall Street analysts New Gold’s price is currently Undervalued.
Does New Gold pay dividends?
New Gold does not currently pay dividends.
What is New Gold’s EPS estimate?
New Gold’s EPS estimate is >-$0.01.
How many shares outstanding does New Gold have?
New Gold has 685,600,000 shares outstanding.
What happened to New Gold’s price movement after its last earnings report?
New Gold reported an EPS of -$0.01 in its last earnings report, missing expectations of $0.021. Following the earnings report the stock price went down -5%.
Which hedge fund is a major shareholder of New Gold?
Among the largest hedge funds holding New Gold’s share is Empyrean Capital Partners, LP. It holds New Gold’s shares valued at 3M.
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New Gold Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$1.81 (3.13% Upside)
$1.81 (3.13% Upside)
Blogger Sentiment
Bullish
NGD Sentiment 100%
Sector Average 73%
Sector Average 73%
Hedge Fund Trend
Decreased
By 210.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $72.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.9%
Last 30 Days ▲ 14.2%
Last 30 Days ▲ 14.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
26.47%
12-Months-Change
Fundamentals
Return on Equity
-7.38%
Trailing 12-Months
Asset Growth
1.89%
Trailing 12-Months
Company Description
New Gold
New Gold Inc. is engaged in the operation, development and exploration of mineral properties. Its portfolio includes Rainy RIver, New Afton, and Cerro San Pedro. The company was founded on January 31, 1980 and is headquartered in Toronto, Canada.
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NGD Company Deck
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NGD Earnings Call
Q4 2024
0:00 / 0:00
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NGD Stock 12 Months Forecast
Average Price Target
$1.81
▲(3.13% Upside)
Technical Analysis
Best Analysts Covering NGD
1 Year
1 Year Success Rate
13/14 ratings generated profit
1 Year Average Return
+33.14%
reiterated a buy rating 23 days ago
Copying Michael Siperco's trades and holding each position for 1 Year would result in 92.86% of your transactions generating a profit, with an average return of +33.14% per trade.
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