Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
New Gold Inc (AMEX: NGD) closed the day trading at $4.74 down -5.95% from the previous closing price of $5.04. In other words, the price has decreased by -$5.95 from its previous closing price. On the day, 23.54 million shares were traded. NGD stock price reached its highest trading level at $5.03 during the session, while it also had its lowest trading level at $4.67.
Ratios:
For a better understanding of NGD, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 17.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.81. For the most recent quarter (mrq), Quick Ratio is recorded 1.16 and its Current Ratio is at 1.68. In the meantime, Its Debt-to-Equity ratio is 0.49 whereas as Long-Term Debt/Eq ratio is at 0.49.
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 3769470464 and an Enterprise Value of 4207130112. As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.40, and their Forward P/E ratio for the next fiscal year is 5.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.03 while its Price-to-Book (P/B) ratio in mrq is 3.63. Its current Enterprise Value per Revenue stands at 4.469 whereas that against EBITDA is 9.559.
Stock Price History:
The Beta on a monthly basis for NGD is 0.40, which has changed by 0.9915966 over the last 52 weeks, in comparison to a change of 0.10500872 over the same period for the S&P500. Over the past 52 weeks, NGD has reached a high of $5.16, while it has fallen to a 52-week low of $1.94. The 50-Day Moving Average of the stock is 7.39%, while the 200-Day Moving Average is calculated to be 43.36%.
Shares Statistics:
Over the past 3-months, NGD traded about 25.79M shares per day on average, while over the past 10 days, NGD traded about 20761580 shares per day. A total of 791.37M shares are outstanding, with a floating share count of 753.86M. Insiders hold about 4.74% of the company’s shares, while institutions hold 55.90% stake in the company. Shares short for NGD as of 1749772800 were 13659384 with a Short Ratio of 0.53, compared to 1747267200 on 14266344.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The current assessment of New Gold Inc (NGD) involves the perspectives of 3.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $0.13, with high estimates of $0.16 and low estimates of $0.09.
Analysts are recommending an EPS of between $0.59 and $0.27 for the fiscal current year, implying an average EPS of $0.43. EPS for the following year is $0.82, with 7.0 analysts recommending between $1.23 and $0.45.
Revenue Estimates
1 analysts predict $323.7M in revenue for the current quarter. It ranges from a high estimate of $323.7M to a low estimate of $323.7M. As of the current estimate, New Gold Inc’s year-ago sales were $218.2MFor the next quarter, 1 analysts are estimating revenue of $414.42M. There is a high estimate of $414.42M for the next quarter, whereas the lowest estimate is $414.42M.
A total of 6 analysts have provided revenue estimates for NGD’s current fiscal year. The highest revenue estimate was $1.43B, while the lowest revenue estimate was $1.24B, resulting in an average revenue estimate of $1.31B. In the same quarter a year ago, actual revenue was $924.5MBased on 5 analysts’ estimates, the company’s revenue will be $1.9B in the next fiscal year. The high estimate is $2.04B and the low estimate is $1.77B.
