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New Gold (TSE:NGD)
TSX:NGD
New Gold (NGD) Stock Price & Analysis
104 Followers
NGD Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$1.18 - C$3.35
Previous CloseC$3.06
Volume857.98K
Average Volume (3M)1.57M
Market Cap
C$2.42B
Enterprise ValueC$1.07T
Total Cash (Recent Filing)$3.13B
Total Debt (Recent Filing)$776.40B
Price to Earnings (P/E)―
Beta1.86
Next Earnings
Jul 30, 2024EPS Estimate
C$0.03Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.15
Shares Outstanding685,600,000
10 Day Avg. Volume1,048,532
30 Day Avg. Volume1,569,693
Standard Deviation0.20
R-Squared0.12
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)-0.02
Price to Sales (P/S)0.00300
Price to Cash Flow (P/CF)4.80
P/FCF Ratio30.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.38
Enterprise Value/Gross Profit6.06
Enterprise Value/Ebitda5.99
Forecast
1Y Price Target
C$3.64Price Target Upside18.82% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
New Gold News
PremiumCompany Announcements
New Gold Announces Q2 2024 Results Release
PremiumCompany Announcements
New Gold’s 2023 Milestones in Sustainability and Safety
Bulls Say, Bears Say
Bulls Say
EarningsNGD reported better-than-expected Q1 adjusted EPS of $0.02/sh, beating the consensus estimates.
Financial HealthAnalyst maintains an Outperform rating and raises target price, signaling confidence in NGD's financial health and future performance.
Operational EfficiencyThe company's consolidated production exceeded expectations with a higher-than-anticipated throughput rate, showcasing operational efficiency.
Bears Say
EarningsAdjusted loss per share in Q4’23 missed both BofAe and consensus estimates.
Financial HealthBalance sheet constraints may limit the ability to repurchase OTPP’s stake in New Afton, posing a challenge for the company's financial strategy.
Operational PerformanceLower-than-expected copper production guidance and higher-than-expected capital cost guidance were negative to analyst estimates overall.
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Options Prices
Currently, No data available
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Ownership Overview
2.52% Insiders
3.65% Mutual Funds
14.35% Other Institutional Investors
79.47% 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 C$1.18 and its highest was C$3.35 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 Jul 30, 2024 which is in 8 days.
How were New Gold’s earnings last quarter?
New Gold released its earnings results on Apr 30, 2024. The company reported C$0.028 earnings per share for the quarter, beating the consensus estimate of -C$0.003 by C$0.03.
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 C$0.03.
How many shares outstanding does New Gold have?
New Gold has 790,475,000 shares outstanding.
What happened to New Gold’s price movement after its last earnings report?
New Gold reported an EPS of C$0.028 in its last earnings report, beating expectations of -C$0.003. Following the earnings report the stock price went up 9.664%.
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 4M.
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New Gold Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
C$3.64 (18.82% Upside)
C$3.64 (18.82% Upside)
Blogger Sentiment
Bullish
TSE:NGD Sentiment 100%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Increased
By 34.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $450.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.2%
Last 30 Days ▲ 14.4%
Last 30 Days ▲ 14.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
72.09%
12-Months-Change
Fundamentals
Return on Equity
-9.44%
Trailing 12-Months
Asset Growth
1.31%
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
Q1 2024
0:00 / 0:00
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NGD Stock 12 Month Forecast
Average Price Target
C$3.64
▲(18.82% Upside)
Technical Analysis
Best Analysts Covering NGD
1 Year
1 Year Success Rate
15/16 ratings generated profit
1 Year Average Return
+50.02%
reiterated a buy rating 2 months ago
Copying Michael Siperco's trades and holding each position for 1 Year would result in 93.75% of your transactions generating a profit, with an average return of +50.02% per trade.
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