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New Gold (NGD)
NYSE MKT:NGD
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NGD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.09 - $3.25
Previous Close$2.77
Volume5.64M
Average Volume (3M)9.50M
Market Cap
$2.19B
Enterprise Value$2.50B
Total Cash (Recent Filing)$140.50M
Total Debt (Recent Filing)$449.90M
Price to Earnings (P/E)166.9
Beta1.62
Next Earnings
Feb 13, 2025EPS Estimate
$0.07Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.02
Shares Outstanding790,600,000
10 Day Avg. Volume8,275,398
30 Day Avg. Volume9,496,951
Standard Deviation0.19
R-Squared0.13
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)2.20
Price to Sales (P/S)2.67
Price to Cash Flow (P/CF)4.50
P/FCF Ratio7.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.90
Enterprise Value/Gross Profit24.49
Enterprise Value/Ebitda0.03
Forecast
1Y Price Target
$3.50Price Target Upside29.63% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
New Gold News
PremiumCompany Announcements
New Gold Inc. Reports Record Free Cash Flow in Q3 2024
PremiumCompany Announcements
New Gold Announces Early Production Milestones
PremiumCompany Announcements
New Gold Reports Strong Q3 Results and OutlookBulls Say, Bears Say
Bulls Say
Cash FlowThe company noted that it generated $57M in free-cash-flow and $128M in Cash Flow from Operations for Q3/24.
EarningsNGD reported third-quarter adjusted EPS of $0.08/sh, beating analyst and consensus estimates of $0.05/sh and $0.04/sh.
Production MilestonesNGD announced the completion of significant production milestones at New Afton and Rainy River.
Bears Say
Analyst RatingAnalyst's Underperform rating is a function of NGD higher than peer unit costs and leverage with a relatively full valuation.
Gold ProductionNGD reduced its consolidated 2024 gold production guidance by 6% on average to 300-310 thousand ounces; a function of the fatality-related Rainy River mine suspension.
Production GuidanceManagement has lowered FY24 production guidance from 310koz-350koz to 300koz-310koz.
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Ownership Overview
3.91% Insiders
4.65% Mutual Funds
15.25% Other Institutional Investors
61.04% 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 $1.09 and its highest was $3.25 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 Feb 13, 2025 which is in 54 days.
How were New Gold’s earnings last quarter?
New Gold released its earnings results on Oct 29, 2024. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.042 by $0.038.
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 $0.07.
How many shares outstanding does New Gold have?
New Gold has 790,900,000 shares outstanding.
What happened to New Gold’s price movement after its last earnings report?
New Gold reported an EPS of $0.08 in its last earnings report, beating expectations of $0.042. Following the earnings report the stock price went down -2.062%.
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 8M.
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New Gold Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$3.50 (29.63% Upside)
$3.50 (29.63% Upside)
Blogger Sentiment
Bullish
NGD Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 875.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $433.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▲ 1.0%
Last 30 Days ▼ 2.2%
Last 30 Days ▼ 2.2%
Technicals
SMA
Positive
20 days / 200 days
Momentum
89.72%
12-Months-Change
Fundamentals
Return on Equity
2.14%
Trailing 12-Months
Asset Growth
-11.96%
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
Q3 2024
0:00 / 0:00
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NGD Stock 12 Month Forecast
Average Price Target
$3.50
▲(29.63% Upside)
Technical Analysis
Best Analysts Covering NGD
1 Year
1 Year Success Rate
17/19 ratings generated profit
1 Year Average Return
+56.86%
reiterated a buy rating 17 days ago
Copying Michael Siperco's trades and holding each position for 1 Year would result in 89.47% of your transactions generating a profit, with an average return of +56.86% per trade.
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