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The price of New Gold Inc (AMEX: NGD) closed at $1.86 in the last session, up 2.76% from day before closing price of $1.81. In other words, the price has increased by $2.76 from its previous closing price. On the day, 5.23 million shares were traded. NGD stock price reached its highest trading level at $1.93 during the session, while it also had its lowest trading level at $1.85.
Ratios:
We take a closer look at NGD’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.89 and its Current Ratio is at 1.51. In the meantime, Its Debt-to-Equity ratio is 0.55 whereas as Long-Term Debt/Eq ratio is at 0.54.
RBC Capital Mkts Upgraded its Sector Perform to Outperform on October 03, 2022, whereas the target price for the stock was revised from $1 to $1.25.
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 1283585920 and an Enterprise Value of 1518781952. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.64 while its Price-to-Book (P/B) ratio in mrq is 1.74. Its current Enterprise Value per Revenue stands at 1.955 whereas that against EBITDA is 5.257.
Stock Price History:
Over the past 52 weeks, NGD has reached a high of $1.95, while it has fallen to a 52-week low of $0.86. The 50-Day Moving Average of the stock is 13.50%, while the 200-Day Moving Average is calculated to be 43.16%.
Shares Statistics:
According to the various share statistics, NGD traded on average about 7.67M shares per day over the past 3-months and 7875280 shares per day over the past 10 days. A total of 687.01M shares are outstanding, with a floating share count of 646.84M. Insiders hold about 5.65% of the company’s shares, while institutions hold 47.86% stake in the company. Shares short for NGD as of 1713139200 were 5703201 with a Short Ratio of 0.74, compared to 1710460800 on 3880056.
