New Gold Inc (AMEX: NGD) closed the day trading at $4.13 down -6.35% from the previous closing price of $4.41. In other words, the price has decreased by -$6.35 from its previous closing price. On the day, 23.06 million shares were traded. NGD stock price reached its highest trading level at $4.2992 during the session, while it also had its lowest trading level at $4.03.
Ratios:
For a better understanding of NGD, let’s look at its different ratios. 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 3509384960 and an Enterprise Value of 3779773952. As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.73, and their Forward P/E ratio for the next fiscal year is 4.60. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.18 while its Price-to-Book (P/B) ratio in mrq is 2.97. Its current Enterprise Value per Revenue stands at 4.015 whereas that against EBITDA is 8.588.
Stock Price History:
The Beta on a monthly basis for NGD is 0.38, which has changed by 1.0048544 over the last 52 weeks, in comparison to a change of 0.17535925 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 -10.16%, while the 200-Day Moving Average is calculated to be 21.07%.
Shares Statistics:
Over the past 3-months, NGD traded about 22.98M shares per day on average, while over the past 10 days, NGD traded about 15263350 shares per day. A total of 791.70M shares are outstanding, with a floating share count of 753.86M. Insiders hold about 4.74% of the company’s shares, while institutions hold 55.56% stake in the company. Shares short for NGD as of 1752537600 were 15863486 with a Short Ratio of 0.69, compared to 1749772800 on 15166700.
