As of close of business last night, New Gold Inc’s stock clocked out at $1.58, down -0.63% from its previous closing price of $1.59. In other words, the price has decreased by -$0.0100 from its previous closing price. On the day, 2559851 shares were traded.
Ratios:
To gain a deeper understanding of NGD’s stock, we examine its different 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 1.11B and an Enterprise Value of 1.32B. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.38 while its Price-to-Book (P/B) ratio in mrq is 1.38. Its current Enterprise Value per Revenue stands at 1.68 whereas that against EBITDA is 7.22.
Stock Price History:
Over the past 52 weeks, NGD has reached a high of $1.76, while it has fallen to a 52-week low of $0.86. The 50-Day Moving Average of the stock is 1.3388, while the 200-Day Moving Average is calculated to be 1.2081.
Shares Statistics:
It appears that NGD traded 5.26M shares on average per day over the past three months and 10.78M 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 46.69% stake in the company. Shares short for NGD as of Feb 29, 2024 were 4.71M with a Short Ratio of 0.90, compared to 3.61M on Jan 31, 2024.
Earnings Estimates
As of right now, 7 analysts gave their recommendation on the stock of the company. 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 $0.1. EPS for the following year is $0.15, with 8 analysts recommending between $0.25 and $0.07.
Revenue Estimates
In the current quarter, 1 analysts expect revenue to total $189.61M. 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 $852.21M. In the same quarter a year ago, actual revenue was $786.5M, up 8.40% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $972.55M 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 14.10% from the average revenue estimate for this year.
