NYSE:NGD New Gold (NGD) Stock Price, News & Analysis $2.33 -0.07 (-2.92%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$2.33▼$2.4550-Day Range$1.95▼$2.6952-Week Range$0.86▼$2.73Volume6.37 million shsAverage Volume7.63 million shsMarket Capitalization$1.84 billionP/E RatioN/ADividend YieldN/APrice Target$2.49 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrends Get New Gold alerts: Email Address New Gold MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside6.9% Upside$2.49 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews Sentiment0.98Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth42.86%From $0.14 to $0.20 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.61 out of 5 starsBasic Materials Sector173rd out of 180 stocksMetal Mining Industry24th out of 26 stocks 1.5 Analyst's Opinion Consensus RatingNew Gold has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageNew Gold has only been the subject of 3 research reports in the past 90 days.Read more about New Gold's stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for NGD. Previous Next 0.0 Dividend Strength Dividend YieldNew Gold does not currently pay a dividend.Dividend GrowthNew Gold does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NGD. Previous Next 2.8 News and Social Media Coverage News SentimentNew Gold has a news sentiment score of 0.98. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 5 news articles for New Gold this week, compared to 3 articles on an average week.Search InterestOnly 8 people have searched for NGD on MarketBeat in the last 30 days. This is a decrease of -27% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added New Gold to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, New Gold insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.20% of the stock of New Gold is held by insiders.Percentage Held by Institutions42.82% of the stock of New Gold is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about New Gold's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for New Gold are expected to grow by 42.86% in the coming year, from $0.14 to $0.20 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of New Gold is -23.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of New Gold is -23.30, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioNew Gold has a P/B Ratio of 1.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressEx-CIA Advisor: “This is How Kamala will Rig the Election”A former CIA advisor with close ties to the White House… Has just released this shocking expose on Kamala’s plan to stop Trump. Every American needs to prepare now…Click here now and learn how to prepare. About New GoldNew Gold Inc., an intermediate gold mining company, develops and operates of mineral properties in Canada. It primarily explores for gold, silver, and copper deposits. The company's principal operating properties include 100% interest in the Rainy River mine located in Northwestern Ontario, Canada; and New Afton project situated in South-Central British Columbia. New Gold Inc. is headquartered in Toronto, Canada.Read More NGD Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NGD Stock News HeadlinesSeptember 5 at 3:20 AM | msn.comNew Gold (NGD) Gains As Market Dips: What You Should KnowSeptember 3, 2024 | msn.comCopper Prices Steady as Optimism Grows: Miners Eye New Projects Amid Global Supply Chain ShiftsSeptember 7, 2024 | Deal Maker (Ad)The solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.September 2, 2024 | americanbankingnews.comNew Gold (NYSE:NGD) Upgraded to "Buy" at StockNews.comAugust 29, 2024 | msn.comAnalyzing New Gold Inc. (NGD) in Canada's Penny Stock Arena for 2024August 29, 2024 | finance.yahoo.comAnalyzing New Gold Inc. (NGD) in Canada’s Penny Stock Arena for 2024August 29, 2024 | americanbankingnews.comNew Gold Inc. (NYSE:NGD) Receives $2.49 Consensus Price Target from BrokeragesAugust 28, 2024 | americanbankingnews.comStockNews.com Lowers New Gold (NYSE:NGD) to HoldSeptember 7, 2024 | Deal Maker (Ad)The solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.August 24, 2024 | msn.comCheck Out This Soaring Stock, up 138% in 6 Months, With More Gains Likely to ComeAugust 23, 2024 | markets.businessinsider.comNew Gold (NGD) Receives a Buy from Canaccord GenuityAugust 21, 2024 | finance.yahoo.comStar Royalties Reports Q2 2024 Financial ResultsAugust 21, 2024 | msn.comGold prices surge to a new record high: 4 benefits of buying inAugust 18, 2024 | finance.yahoo.comNGD Sep 2024 3.500 call (NGD240920C00003500)August 17, 2024 | ca.finance.yahoo.comNGD Nov 2024 3.500 callAugust 17, 2024 | ca.finance.yahoo.comNGD Jan 2025 3.500 callAugust 17, 2024 | ca.finance.yahoo.comNGD Sep 2024 3.000 callAugust 17, 2024 | ca.finance.yahoo.comNGD Jan 2026 3.500 callSee More Headlines Receive NGD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for New Gold and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings7/30/2024Today9/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBasic Materials Industry Metal mining Sub-IndustryNon-Metallic And Industrial Metal Mining Current SymbolNYSE:NGD CUSIPN/A CIK800166 Webwww.newgold.com Phone416-324-6000Fax416-324-9494Employees1,578Year FoundedN/APrice Target and Rating Average Stock Price Target$2.49 High Stock Price Target$3.50 Low Stock Price Target$1.05 Potential Upside/Downside+6.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($0.10) Trailing P/E RatioN/A Forward P/E Ratio16.64 P/E GrowthN/ANet Income$-64,500,000.00 Net Margins-2.53% Pretax Margin-4.31% Return on Equity5.22% Return on Assets2.03% Debt Debt-to-Equity Ratio0.52 Current Ratio1.50 Quick Ratio0.98 Sales & Book Value Annual Sales$810.80 million Price / Sales2.27 Cash Flow$0.38 per share Price / Cash Flow6.08 Book Value$1.65 per share Price / Book1.41Miscellaneous Outstanding Shares790,536,000Free Float788,955,000Market Cap$1.84 billion OptionableN/A Beta1.29 The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesMr. Patrick Godin Asc. (Age 55)B.Sc., Eng., M.Eng., P.Eng., CEO, President & Director Comp: $1.36MMr. Yohann BouchardExecutive VP & COOMr. Sean KeatingVP, General Counsel & Corporate SecretaryMr. Ankit ShahExecutive Vice President of Strategy & Business DevelopmentMr. Keith MurphyExecutive VP & CFOMr. Luke BuchananVice President of Technical ServicesMr. Brandon ThroopDirector of Investor RelationsMs. Sharon GiraudelHead of Human ResourcesMr. Jean-Francois RavenelleVice President of GeologyMr. Paul MellingTreasurerMore ExecutivesKey CompetitorsSummit MaterialsNYSE:SUMKnife RiverNYSE:KNFNexGen EnergyNYSE:NXEHudbay MineralsNYSE:HBMMP MaterialsNYSE:MPView All CompetitorsInstitutional OwnershipImpala Asset Management LLCBought 92,000 shares on 8/16/2024Ownership: 0.138%Empyrean Capital Partners LPSold 250,232 shares on 8/15/2024Ownership: 0.255%Caxton Associates LPBought 1,000,000 shares on 8/15/2024Ownership: 0.126%The Manufacturers Life Insurance Company Bought 96,617 shares on 8/15/2024Ownership: 0.083%Scientech Research LLCBought 14,353 shares on 8/15/2024Ownership: 0.002%View All Institutional Transactions NGD Stock Analysis - Frequently Asked Questions How have NGD shares performed this year? New Gold's stock was trading at $1.82 at the start of the year. Since then, NGD stock has increased by 28.0% and is now trading at $2.33. View the best growth stocks for 2024 here. How were New Gold's earnings last quarter? New Gold Inc. (NYSE:NGD) announced its quarterly earnings data on Tuesday, July, 30th. The company reported $0.02 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.01 by $0.01. The company had revenue of $218.20 million for the quarter. New Gold had a positive trailing twelve-month return on equity of 5.22% and a negative net margin of 2.53%. Who are New Gold's major shareholders? New Gold's top institutional shareholders include Van ECK Associates Corp (8.90%), Renaissance Technologies LLC (2.54%), Mackenzie Financial Corp (2.07%) and American Century Companies Inc. (1.35%). How do I buy shares of New Gold? Shares of NGD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of New Gold own? Based on aggregate information from My MarketBeat watchlists, some other companies that New Gold investors own include Kratos Defense & Security Solutions (KTOS), Infinera (INFN), Himax Technologies (HIMX), Hudbay Minerals (HBM), Diebold Nixdorf (DBD), Cornerstone Building Brands (CNR) and Cleveland-Cliffs (CLF). This page (NYSE:NGD) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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