New Gold Inc. (TSE:NGD - Free Report) ARCA: NGD - Research analysts at National Bank Financial increased their FY2026 earnings estimates for New Gold in a research report issued to clients and investors on Tuesday, March 11th. National Bank Financial analyst M. Parkin now anticipates that the company will post earnings of $0.96 per share for the year, up from their prior estimate of $0.73.
New Gold Price Performance
Shares of NGD stock traded down C$0.02 during trading on Friday, reaching C$4.78. The company's stock had a trading volume of 2,014,645 shares, compared to its average volume of 1,612,280. The company has a quick ratio of 1.64, a current ratio of 1.42 and a debt-to-equity ratio of 45.12. The firm has a market cap of C$2.63 billion, a P/E ratio of 130.81, a price-to-earnings-growth ratio of -3.02 and a beta of 1.59. The company has a 50-day simple moving average of C$4.14. New Gold has a 1-year low of C$2.12 and a 1-year high of C$4.96.
Insiders Place Their Bets
In other New Gold news, Senior Officer Keith Murphy sold 41,863 shares of the business's stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of C$4.29, for a total transaction of C$179,592.27. 4.92% of the stock is currently owned by company insiders.
New Gold Company Profile
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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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