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New Gold (NGD)
NYSE MKT:NGD
Holding NGD?
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NGD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.09 - $3.25
Previous Close$2.74
Volume14.28M
Average Volume (3M)9.36M
Market Cap
$2.18B
Enterprise Value$2.49B
Total Cash (Recent Filing)$140.50M
Total Debt (Recent Filing)$449.90M
Price to Earnings (P/E)165.1
Beta1.98
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. Volume10,004,523
30 Day Avg. Volume9,364,815
Standard Deviation0.19
R-Squared0.12
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)2.17
Price to Sales (P/S)2.60
Price to Cash Flow (P/CF)4.40
P/FCF Ratio7.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit24.45
Enterprise Value/Ebitda0.01
Forecast
1Y Price Target
$3.41Price Target Upside26.77% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
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
EarningsNGD reported third-quarter adjusted EPS of $0.08 per share, surpassing analyst estimates of $0.05 and $0.04 per share.
Financial PerformanceThe company noted that it generated $57 million in free cash flow and $128 million in cash flow from operations.
Production MilestonesNGD announced the completion of significant production milestones at New Afton and Rainy River.
Bears Say
Operational ChallengesNGD 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.
Rating And ValuationAnalyst's Underperform rating is a function of NGD higher than peer unit costs and leverage with a relatively full valuation.
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Ownership Overview
0.23% Insiders
4.33% Mutual Funds
3.04% Other Institutional Investors
77.35% 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 96 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 4M.
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New Gold Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$3.41 (26.77% Upside)
$3.41 (26.77% Upside)
Blogger Sentiment
Bullish
NGD Sentiment 100%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Increased
By 627.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $639.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.1%
Last 30 Days ▲ 27.3%
Last 30 Days ▲ 27.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
115.74%
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
$3.41
▲(26.77% Upside)
Technical Analysis
Best Analysts Covering NGD
1 Year
1 Year Success Rate
15/17 ratings generated profit
1 Year Average Return
+63.53%
reiterated a buy rating 6 days ago
Copying Michael Siperco's trades and holding each position for 1 Year would result in 88.24% of your transactions generating a profit, with an average return of +63.53% per trade.
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