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New Gold (NGD)
:NGD
Holding NGD?
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NGD Stock Chart & Stats
Day’s Range― - ―
52-Week Range$1.09 - $3.25
Previous CloseN/A
Volume5.94M
Average Volume (3M)7.97M
Market Cap
$2.18B
Enterprise Value$3.54B
Total Cash (Recent Filing)$185.90M
Total Debt (Recent Filing)$889.50M
Price to Earnings (P/E)164.5
Beta1.53
Next Earnings
Feb 19, 2025EPS Estimate
0.06Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.02
Shares Outstanding790,900,000
10 Day Avg. Volume8,543,995
30 Day Avg. Volume7,968,002
Standard Deviation0.19
R-Squared0.13
Alpha0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.76
Price to Cash Flow (P/CF)4.70
P/FCF Ratio7.80
Enterprise Value/Market Cap1.62
Enterprise Value/Revenue4.11
Enterprise Value/Gross Profit34.73
Enterprise Value/Ebitda0.04
Forecast
1Y Price Target
$3.51Price Target Upside27.64% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
New Gold News
PremiumCompany Announcements
New Gold Inc. Achieves Record Production in Q4 2024
PremiumCompany Announcements
New Gold Reports Record Production Quarter Amid Strategic Advancements
Bulls Say, Bears Say
Bulls Say
Cash FlowThe company generated $57M in free-cash-flow and $128M in Cash Flow from Operations, indicating robust financial health and efficiency.
EarningsNGD reported third-quarter adjusted EPS of $0.08/sh, beating analyst and consensus estimates, highlighting the company's strong financial performance.
Production MilestonesNGD announced the completion of significant production milestones at New Afton and Rainy River, showcasing the company's operational achievements.
Bears Say
Financial RatingAnalyst's Underperform rating is a function of NGD higher than peer unit costs and leverage with a relatively full valuation.
Gold ProductionQ4’24 consolidated gold production below forecasts; copper better than expected.
Production GuidanceManagement has lowered FY24 production guidance from 310koz-350koz to 300koz-310koz.
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Ownership Overview
3.79% Insiders
4.23% Mutual Funds
0.06% Other Institutional Investors
77.32% 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?
New Gold’s market cap is $2.18B.
When is New Gold’s upcoming earnings report date?
New Gold’s upcoming earnings report date is Feb 19, 2025 which is in 32 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 0.06.
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:
$3.51 (27.64% Upside)
$3.51 (27.64% Upside)
Blogger Sentiment
Bullish
NGD Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 875.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $295.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.9%
Last 30 Days ▲ 0.8%
Last 30 Days ▲ 0.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
100.72%
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
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance and successful completion of key projects, with record cash flow and cost reductions. However, it also acknowledged challenges at Rainy River, including production shortfalls and operational setbacks. Despite these challenges, the company's outlook remains positive due to successful exploration results and strategic project advancements.Read More>---
NGD Stock 12 Month Forecast
Average Price Target
$3.51
▲(27.64% Upside)
Technical Analysis
Best Analysts Covering NGD
1 Year
1 Year Success Rate
16/20 ratings generated profit
1 Year Average Return
+51.31%
reiterated a buy rating 5 days ago
Copying Michael Siperco's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +51.31% per trade.
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