Financial Metrics Exploration: Understanding New Gold Inc (NGD) Through Ratios

Kevin Freeman

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The closing price of New Gold Inc (AMEX: NGD) was $9.24 for the day, up 0.65% from the previous closing price of $9.18. In other words, the price has increased by $0.65 from its previous closing price. On the day, 16.65 million shares were traded. NGD stock price reached its highest trading level at $9.4 during the session, while it also had its lowest trading level at $8.91.

Ratios:

Our analysis of NGD’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 58.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 191.20. 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.

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 7341032960 and an Enterprise Value of 7588407808. As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.58, and their Forward P/E ratio for the next fiscal year is 8.08. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.92 while its Price-to-Book (P/B) ratio in mrq is 5.90. Its current Enterprise Value per Revenue stands at 6.109 whereas that against EBITDA is 10.898.

Stock Price History:

The Beta on a monthly basis for NGD is 0.62, which has changed by 2.642857 over the last 52 weeks, in comparison to a change of 0.13927746 over the same period for the S&P500. Over the past 52 weeks, NGD has reached a high of $9.59, while it has fallen to a 52-week low of $2.43. The 50-Day Moving Average of the stock is 23.99%, while the 200-Day Moving Average is calculated to be 69.80%.

Shares Statistics:

NGD traded an average of 20.71M shares per day over the past three months and 19877890 shares per day 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 58.59% stake in the company. Shares short for NGD as of 1764288000 were 15619836 with a Short Ratio of 0.75, compared to 1761868800 on 18653884.

Earnings Estimates

Investors are keenly observing as 5.0 analysts analyze and rate. The current performance of New Gold Inc (NGD) in the stock market.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

It is expected that $90B in revenue will be generated in. The current quarter, according to 1 analysts. 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.

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