In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
New Gold Inc (AMEX: NGD) closed the day trading at $2.99 down -0.66% from the previous closing price of $3.01. In other words, the price has decreased by -$0.66 from its previous closing price. On the day, 20.42 million shares were traded. NGD stock price reached its highest trading level at $3.24 during the session, while it also had its lowest trading level at $2.895.
Ratios:
For a better understanding of NGD, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.60. 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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on March 26, 2025, Upgraded its rating to Buy and sets its target price to $3.90 from $2.60 previously.
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 2366615040 and an Enterprise Value of 3090601984. As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.98, and their Forward P/E ratio for the next fiscal year is 4.74. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.59 while its Price-to-Book (P/B) ratio in mrq is 2.25. Its current Enterprise Value per Revenue stands at 3.343 whereas that against EBITDA is 7.213.
Stock Price History:
The Beta on a monthly basis for NGD is 0.67, which has changed by 0.6075269 over the last 52 weeks, in comparison to a change of -0.028342128 over the same period for the S&P500. Over the past 52 weeks, NGD has reached a high of $3.78, while it has fallen to a 52-week low of $1.66. The 50-Day Moving Average of the stock is -2.82%, while the 200-Day Moving Average is calculated to be 10.10%.
Shares Statistics:
Over the past 3-months, NGD traded about 17.03M shares per day on average, while over the past 10 days, NGD traded about 23975250 shares per day. 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 53.85% stake in the company. Shares short for NGD as of 1741910400 were 12177619 with a Short Ratio of 0.71, compared to 1739491200 on 11096787.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
