In the latest session, New Gold Inc (AMEX: NGD) closed at $1.12 down -2.61% from its previous closing price of $1.15. In other words, the price has decreased by -$0.0300 from its previous closing price. On the day, 2512948 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 756.22M and an Enterprise Value of 962.22M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.98 while its Price-to-Book (P/B) ratio in mrq is 0.97. Its current Enterprise Value per Revenue stands at 1.22 whereas that against EBITDA is 5.26.
Stock Price History:
Over the past 52 weeks, NGD has reached a high of $1.61, while it has fallen to a 52-week low of $0.82. The 50-Day Moving Average of the stock is 1.3208, while the 200-Day Moving Average is calculated to be 1.1878.
Shares Statistics:
For the past three months, NGD has traded an average of 4.00M shares per day and 4.94M over the past ten days. A total of 687.01M shares are outstanding, with a floating share count of 645.70M. Insiders hold about 5.82% of the company’s shares, while institutions hold 46.38% stake in the company. Shares short for NGD as of Jan 31, 2024 were 3.61M with a Short Ratio of 0.90, compared to 3.94M on Dec 29, 2023.
Earnings Estimates
There are 7 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.01 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 $0.01, with high estimates of $0.02 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 $0.11. EPS for the following year is $0.17, with 8 analysts recommending between $0.36 and $0.07.
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 8 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 $849.46M. In the same quarter a year ago, actual revenue was $786.5M, up 8.00% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $976.55M in the next fiscal year. The high estimate is $1.06B and the low estimate is $851M. The average revenue growth estimate for next year is up 15.00% from the average revenue estimate for this year.
