In the latest session, New Gold Inc (AMEX: NGD) closed at $1.80 up 5.26% from its previous closing price of $1.71. In other words, the price has increased by $+0.0900 from its previous closing price. On the day, 15428351 shares were traded.
Ratios:
For a deeper understanding of New Gold Inc’s stock, let’s take a closer look at its various ratios. 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 1.17B and an Enterprise Value of 1.38B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.57 while its Price-to-Book (P/B) ratio in mrq is 1.57. Its current Enterprise Value per Revenue stands at 1.75 whereas that against EBITDA is 7.53.
Stock Price History:
The Beta on a monthly basis for NGD is 1.55, which has changed by 52.54% over the last 52 weeks, in comparison to a change of 26.95% over the same period for the S&P500. Over the past 52 weeks, NGD has reached a high of $1.80, while it has fallen to a 52-week low of $0.86. The 50-Day Moving Average of the stock is 1.3906, while the 200-Day Moving Average is calculated to be 1.2272.
Shares Statistics:
For the past three months, NGD has traded an average of 5.54M shares per day and 7.4M 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 46.83% stake in the company. Shares short for NGD as of Mar 15, 2024 were 3.87M with a Short Ratio of 0.70, compared to 4.71M on Feb 15, 2024.
Earnings Estimates
There are 6 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0.02 and a low estimate of -$0.02, while EPS last year was $0.03. The consensus estimate for the next quarter is $0, with high estimates of $0.03 and low estimates of -$0.02.
Analysts are recommending an EPS of between $0.22 and $0.01 for the fiscal current year, implying an average EPS of $0.1. EPS for the following year is $0.17, with 7 analysts recommending between $0.25 and $0.1.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $189.61M this quarter.It ranges from a high estimate of $189.61M to a low estimate of $189.61M. As of the current estimate, New Gold Inc’s year-ago sales were $201.6M, an estimated decrease of -5.90% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $199.25M, an increase of 9.30% over than the figure of -$5.90% in the same quarter last year. There is a high estimate of $199.25M for the next quarter, whereas the lowest estimate is $199.25M.
A total of 7 analysts have provided revenue estimates for NGD’s current fiscal year. The highest revenue estimate was $912M, while the lowest revenue estimate was $767M, resulting in an average revenue estimate of $848.53M. In the same quarter a year ago, actual revenue was $786.5M, up 7.90% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $977.98M in the next fiscal year. The high estimate is $1.05B and the low estimate is $851M. The average revenue growth estimate for next year is up 15.30% from the average revenue estimate for this year.
