New Gold Inc (NGD)’s Market Momentum: Closing Strong at 5.21, Up 2.16

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As of close of business last night, New Gold Inc’s stock clocked out at $5.21, up 2.16% from its previous closing price of $5.1. In other words, the price has increased by $2.16 from its previous closing price. On the day, 15.59 million shares were traded. NGD stock price reached its highest trading level at $5.3299 during the session, while it also had its lowest trading level at $5.06.

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 0.62 and its Current Ratio is at 0.89. In the meantime, Its Debt-to-Equity ratio is 0.60 whereas as Long-Term Debt/Eq ratio is at 0.50.

On March 26, 2025, BofA Securities Upgraded its rating to Buy which previously was Underperform and also upped its target price recommendation from $2.60 to $3.90.

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 4143388160 and an Enterprise Value of 4550557184. As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.67, and their Forward P/E ratio for the next fiscal year is 5.77. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.01 while its Price-to-Book (P/B) ratio in mrq is 3.74. Its current Enterprise Value per Revenue stands at 4.411 whereas that against EBITDA is 8.781.

Stock Price History:

The Beta on a monthly basis for NGD is 0.41, which has changed by 0.9734849 over the last 52 weeks, in comparison to a change of 0.15005577 over the same period for the S&P500. Over the past 52 weeks, NGD has reached a high of $5.17, while it has fallen to a 52-week low of $2.31. The 50-Day Moving Average of the stock is 10.60%, while the 200-Day Moving Average is calculated to be 47.28%.

Shares Statistics:

It appears that NGD traded 20.25M shares on average per day over the past three months and 14142320 shares per day over the past ten days. A total of 791.70M shares are outstanding, with a floating share count of 756.00M. Insiders hold about 4.61% of the company’s shares, while institutions hold 57.11% stake in the company. Shares short for NGD as of 1753920000 were 15464704 with a Short Ratio of 0.76, compared to 1751241600 on 15618601.

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