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The closing price of New Gold Inc (AMEX: NGD) was $1.72 for the day, down -1.71% from the previous closing price of $1.75. In other words, the price has decreased by $-1.71 from its previous closing price. On the day, 10.77 million shares were traded. NGD stock price reached its highest trading level at $1.76 during the session, while it also had its lowest trading level at $1.66.
Ratios:
Our analysis of NGD’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.98 and its Current Ratio is at 1.54. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.51.
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 1179345536 and an Enterprise Value of 1408400000. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.50 while its Price-to-Book (P/B) ratio in mrq is 1.50. Its current Enterprise Value per Revenue stands at 1.791 whereas that against EBITDA is 4.863.
Stock Price History:
Over the past 52 weeks, NGD has reached a high of $1.94, while it has fallen to a 52-week low of $0.86. The 50-Day Moving Average of the stock is 13.41%, while the 200-Day Moving Average is calculated to be 35.49%.
Shares Statistics:
NGD traded an average of 6.92M shares per day over the past three months and 9516600 shares per day over the past ten 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 47.59% stake in the company. Shares short for NGD as of 1711584000 were 6121573 with a Short Ratio of 0.88, compared to 1709164800 on 3866403.
Earnings Estimates
The stock of New Gold Inc (NGD) is currently in the spotlight, with GraniteShares 1.5x Short NVDA D analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $291.31, with high estimates of $5.77 and low estimates of $1.72.
