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Equities Analysts Issue Forecasts for New Gold Q4 Earnings

New Gold logo with Basic Materials background

New Gold Inc. (TSE:NGD - Free Report) ARCA: NGD - Analysts at National Bank Financial issued their Q4 2024 earnings per share estimates for New Gold in a report released on Monday, February 10th. National Bank Financial analyst M. Parkin anticipates that the company will post earnings of $0.09 per share for the quarter.

New Gold Trading Down 3.7 %

Shares of New Gold stock traded down C$0.16 during trading hours on Wednesday, hitting C$4.12. The company's stock had a trading volume of 1,774,259 shares, compared to its average volume of 1,509,391. New Gold has a twelve month low of C$1.49 and a twelve month high of C$4.54. The firm has a fifty day moving average of C$3.97 and a 200-day moving average of C$3.77. The stock has a market cap of C$2.27 billion, a price-to-earnings ratio of 112.75, a P/E/G ratio of -3.02 and a beta of 1.59. The company has a debt-to-equity ratio of 45.12, a quick ratio of 1.64 and a current ratio of 1.42.

Insider Activity

In other news, Senior Officer Yohann Bouchard sold 100,000 shares of the company's stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of C$4.25, for a total value of C$425,000.00. Corporate insiders own 4.92% of the company's stock.

About New Gold

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New Gold Inc is an intermediate gold mining company. The company has a portfolio of two producing assets: Rainy River Mine and New Afton Mine in Canada. Also, it has interests in the Cerro San Pedro Mine in Mexico. The company derives revenue from the sale of Gold, Copper, and Silver.

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