Ratio Review: Analyzing New Gold Inc (NGD)’s Price-to-Cash and Price-to-Free Cash Flow

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

After finishing at $2.19 in the prior trading day, New Gold Inc (AMEX: NGD) closed at $2.25, up 2.74%. In other words, the price has increased by $2.74 from its previous closing price. On the day, 4.93 million shares were traded. NGD stock price reached its highest trading level at $2.25 during the session, while it also had its lowest trading level at $2.19.

Ratios:

Our goal is to gain a better understanding of NGD by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.89 and its Current Ratio is at 1.51. In the meantime, Its Debt-to-Equity ratio is 0.55 whereas as Long-Term Debt/Eq ratio is at 0.54.

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 1778613760 and an Enterprise Value of 1787815296. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.29 while its Price-to-Book (P/B) ratio in mrq is 2.11. Its current Enterprise Value per Revenue stands at 2.301 whereas that against EBITDA is 6.044.

Stock Price History:

Over the past 52 weeks, NGD has reached a high of $2.31, while it has fallen to a 52-week low of $0.86. The 50-Day Moving Average of the stock is 14.27%, while the 200-Day Moving Average is calculated to be 49.85%.

Shares Statistics:

The stock has traded on average 9.25M shares per day over the past 3-months and 5061070 shares per day over the last 10 days, according to various share statistics. A total of 790.48M shares are outstanding, with a floating share count of 745.78M. Insiders hold about 5.65% of the company’s shares, while institutions hold 44.34% stake in the company. Shares short for NGD as of 1718323200 were 4537004 with a Short Ratio of 0.49, compared to 1715731200 on 4434656.

Most Popular