Gaining Ground: New Gold Inc (NGD) Closes Lower at 3.33, Down -1.48

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The price of New Gold Inc (AMEX: NGD) closed at $3.33 in the last session, down -1.48% from day before closing price of $3.38. In other words, the price has decreased by -$1.48 from its previous closing price. On the day, 17.03 million shares were traded. NGD stock price reached its highest trading level at $3.35 during the session, while it also had its lowest trading level at $3.26.

Ratios:

We take a closer look at NGD’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 23.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.62. For the most recent quarter (mrq), Quick Ratio is recorded 0.79 and its Current Ratio is at 1.39. In the meantime, Its Debt-to-Equity ratio is 0.38 whereas as Long-Term Debt/Eq ratio is at 0.38.

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 2635695104 and an Enterprise Value of 2924429056. As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.70, and their Forward P/E ratio for the next fiscal year is 5.18. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.88 while its Price-to-Book (P/B) ratio in mrq is 2.50. Its current Enterprise Value per Revenue stands at 3.163 whereas that against EBITDA is 6.825.

Stock Price History:

The Beta on a monthly basis for NGD is 1.02, which has changed by 1.0943396 over the last 52 weeks, in comparison to a change of 0.08190584 over the same period for the S&P500. Over the past 52 weeks, NGD has reached a high of $3.48, while it has fallen to a 52-week low of $1.56. The 50-Day Moving Average of the stock is 14.16%, while the 200-Day Moving Average is calculated to be 26.57%.

Shares Statistics:

According to the various share statistics, NGD traded on average about 14.21M shares per day over the past 3-months and 21307740 shares per day over the past 10 days. A total of 790.93M shares are outstanding, with a floating share count of 760.39M. Insiders hold about 3.91% of the company’s shares, while institutions hold 54.09% stake in the company. Shares short for NGD as of 1740700800 were 11096787 with a Short Ratio of 0.78, compared to 1738281600 on 7977991.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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