Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, New Gold Inc (AMEX: NGD) closed at $7.69 down -1.28% from its previous closing price of $7.79. In other words, the price has decreased by -$1.28 from its previous closing price. On the day, 13.09 million shares were traded. NGD stock price reached its highest trading level at $8.165 during the session, while it also had its lowest trading level at $7.63.
Ratios:
For a deeper understanding of New Gold Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 48.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 159.13. For the most recent quarter (mrq), Quick Ratio is recorded 0.48 and its Current Ratio is at 0.88. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.32.
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 6128022016 and an Enterprise Value of 6361272832. As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.62, and their Forward P/E ratio for the next fiscal year is 6.71. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.93 while its Price-to-Book (P/B) ratio in mrq is 4.91. Its current Enterprise Value per Revenue stands at 5.121 whereas that against EBITDA is 9.136.
Stock Price History:
The Beta on a monthly basis for NGD is 0.63, which has changed by 1.6517241 over the last 52 weeks, in comparison to a change of 0.13506866 over the same period for the S&P500. Over the past 52 weeks, NGD has reached a high of $8.62, while it has fallen to a 52-week low of $2.43. The 50-Day Moving Average of the stock is 7.48%, while the 200-Day Moving Average is calculated to be 50.59%.
Shares Statistics:
For the past three months, NGD has traded an average of 20.72M shares per day and 14630140 over the past ten days. A total of 791.71M shares are outstanding, with a floating share count of 755.06M. Insiders hold about 4.63% of the company’s shares, while institutions hold 58.63% stake in the company. Shares short for NGD as of 1763078400 were 18653884 with a Short Ratio of 0.90, compared to 1760486400 on 16226011.
Earnings Estimates
The stock of New Gold Inc (NGD) is currently in the spotlight, with 5.0 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $0.26, with high estimates of $0.28 and low estimates of $0.25.
Analysts are recommending an EPS of between $0.73 and $0.52 for the fiscal current year, implying an average EPS of $0.62. EPS for the following year is $1.15, with 6.0 analysts recommending between $1.48 and $0.87.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $516.65M this quarter.It ranges from a high estimate of $516.65M to a low estimate of $516.65M. As of. The current estimate, New Gold Inc’s year-ago sales were $262.2M
A total of 1 analysts have provided revenue estimates for NGD’s current fiscal year. The highest revenue estimate was $1.5B, while the lowest revenue estimate was $1.5B, resulting in an average revenue estimate of $1.5B. In the same quarter a year ago, actual revenue was $924.5MBased on 3 analysts’ estimates, the company’s revenue will be $2.3B in the next fiscal year. The high estimate is $2.52B and the low estimate is $2.17B.
