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The price of New Gold Inc (AMEX: NGD) closed at $6.83 in the last session, up 0.29% from day before closing price of $6.81. In other words, the price has increased by $0.29 from its previous closing price. On the day, 14.41 million shares were traded. NGD stock price reached its highest trading level at $6.89 during the session, while it also had its lowest trading level at $6.74.
Ratios:
We take a closer look at NGD’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.62 and its Current Ratio is at 0.89. In the meantime, Its Debt-to-Equity ratio is 0.60 whereas as Long-Term Debt/Eq ratio is at 0.50.
On March 26, 2025, BofA Securities Upgraded its rating to Buy which previously was Underperform and also upped its target price recommendation from $2.60 to $3.90.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NGD now has a Market Capitalization of 5407324672 and an Enterprise Value of 5833111040. As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.59, and their Forward P/E ratio for the next fiscal year is 7.19. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.26 while its Price-to-Book (P/B) ratio in mrq is 4.91. Its current Enterprise Value per Revenue stands at 5.654 whereas that against EBITDA is 11.256.
Stock Price History:
The Beta on a monthly basis for NGD is 0.44, which has changed by 1.3715277 over the last 52 weeks, in comparison to a change of 0.1529237 over the same period for the S&P500. Over the past 52 weeks, NGD has reached a high of $7.09, while it has fallen to a 52-week low of $2.43. The 50-Day Moving Average of the stock is 23.93%, while the 200-Day Moving Average is calculated to be 69.24%.
Shares Statistics:
According to the various share statistics, NGD traded on average about 15.60M shares per day over the past 3-months and 20061310 shares per day over the past 10 days. A total of 791.70M shares are outstanding, with a floating share count of 756.00M. Insiders hold about 4.51% of the company’s shares, while institutions hold 56.76% stake in the company. Shares short for NGD as of 1757894400 were 16747413 with a Short Ratio of 1.07, compared to 1755216000 on 14493916.
Earnings Estimates
As of right now, 6.0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $0.21, with high estimates of $0.24 and low estimates of $0.17.
Analysts are recommending an EPS of between $0.62 and $0.42 for the fiscal current year, implying an average EPS of $0.5. EPS for the following year is $0.95, with 9.0 analysts recommending between $1.15 and $0.61.
Revenue Estimates
According to 2 analysts, . The current quarter’s revenue is expected to be $422.34M. It ranges from a high estimate of $432M to a low estimate of $412.69M. As of . The current estimate, New Gold Inc’s year-ago sales were $252MFor the next quarter, 2 analysts are estimating revenue of $471.97M. There is a high estimate of $471.97M for the next quarter, whereas the lowest estimate is $471.97M.
A total of 4 analysts have provided revenue estimates for NGD’s current fiscal year. The highest revenue estimate was $1.4B, while the lowest revenue estimate was $1.35B, resulting in an average revenue estimate of $1.37B. In the same quarter a year ago, actual revenue was $924.5MBased on 4 analysts’ estimates, the company’s revenue will be $2.1B in the next fiscal year. The high estimate is $2.18B and the low estimate is $2.02B.
