Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $4.88 in the prior trading day, New Gold Inc (AMEX: NGD) closed at $4.96, up 1.64%. In other words, the price has increased by $1.64 from its previous closing price. On the day, 9.79 million shares were traded. NGD stock price reached its highest trading level at $4.97 during the session, while it also had its lowest trading level at $4.8235.
Ratios:
Our goal is to gain a better understanding of NGD by taking a closer 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 3931182080 and an Enterprise Value of 4352631808. As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.30, and their Forward P/E ratio for the next fiscal year is 5.49. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.82 while its Price-to-Book (P/B) ratio in mrq is 3.56. Its current Enterprise Value per Revenue stands at 4.219 whereas that against EBITDA is 8.4.
Stock Price History:
The Beta on a monthly basis for NGD is 0.41, which has changed by 1.0753138 over the last 52 weeks, in comparison to a change of 0.18157876 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 $2.20. The 50-Day Moving Average of the stock is 5.92%, while the 200-Day Moving Average is calculated to be 41.54%.
Shares Statistics:
The stock has traded on average 20.49M shares per day over the past 3-months and 13727900 shares per day over the last 10 days, according to various share statistics. A total of 791.70M shares are outstanding, with a floating share count of 755.19M. Insiders hold about 4.61% of the company’s shares, while institutions hold 53.76% stake in the company. Shares short for NGD as of 1753920000 were 15464704 with a Short Ratio of 0.77, compared to 1751241600 on 15618601.
Earnings Estimates
The stock of New Gold Inc (NGD) is currently drawing attention from 5.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is $0.21, with high estimates of $0.24 and low estimates of $0.16.
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 $0.9, with 9.0 analysts recommending between $1.14 and $0.61.
Revenue Estimates
2 analysts predict $422.34M in revenue for the current quarter. 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 5 analysts have provided revenue estimates for NGD’s current fiscal year. The highest revenue estimate was $1.41B, while the lowest revenue estimate was $1.35B, resulting in an average revenue estimate of $1.39B. In the same quarter a year ago, actual revenue was $924.5MBased on 5 analysts’ estimates, the company’s revenue will be $2.07B in the next fiscal year. The high estimate is $2.15B and the low estimate is $2.02B.
