New Gold Inc. (TSE:NGD - Free Report) ARCA: NGD - Investment analysts at Raymond James raised their Q4 2024 earnings per share estimates for shares of New Gold in a research note issued on Monday, February 3rd. Raymond James analyst F. Hamed now anticipates that the company will post earnings of $0.09 per share for the quarter, up from their prior estimate of $0.07. Raymond James also issued estimates for New Gold's Q1 2025 earnings at $0.04 EPS, Q2 2025 earnings at $0.07 EPS, Q3 2025 earnings at $0.07 EPS and Q4 2025 earnings at $0.07 EPS.
New Gold Stock Up 0.5 %
Shares of TSE:NGD traded up C$0.02 during midday trading on Thursday, hitting C$4.30. 3,672,000 shares of the company's stock traded hands, compared to its average volume of 1,420,956. The firm's fifty day moving average price is C$3.94 and its two-hundred day moving average price is C$3.73. The company has a debt-to-equity ratio of 52.45, a quick ratio of 1.64 and a current ratio of 1.50. New Gold has a twelve month low of C$1.47 and a twelve month high of C$4.54. The company has a market cap of C$3.40 billion, a PE ratio of -107.50, a P/E/G ratio of -3.02 and a beta of 1.59.
Insider Buying and Selling at New Gold
In other New Gold news, Senior Officer Yohann Bouchard sold 100,000 shares of the stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of C$4.25, for a total value of C$425,000.00. 4.92% of the stock is currently owned by corporate insiders.
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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