New Gold Inc's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 19/119 in the Metals & Mining industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 8.88.In the medium term, the stock price is expected to trend up.The company has been performing strongly in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
New Gold Inc's Score
Industry at a Glance
Industry Ranking
19 / 119
Overall Ranking
105 / 4582
Industry
Metals & Mining
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
4
analysts
Buy
Current Rating
8.881
Target Price
+19.05%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
New Gold Inc Highlights
StrengthsRisks
New Gold Inc. is a Canadian intermediate gold mining company, which is engaged in the development and operation of mineral properties. The assets of the Company, directly or through its subsidiaries, comprise the New Afton Mine in British Columbia, Canada (New Afton) and the Rainy River Mine in Ontario, Canada (Rainy River). The Rainy River is located approximately 65 kilometers (km) northwest of Fort Frances, Ontario, Canada. The New Afton mine is located approximately 10 km west of Kamloops, 350 km northeast of Vancouver, British Columbia, Canada.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 52.96% year-on-year.
Turnaround to Profit
The company's performance has turned profitable, with the latest annual net income of USD .
Overvalued
The company’s latest PB is 5.63, at a high 3-year percentile range.
Institutional Buying
The latest institutional holdings are 532.13M shares, increasing 1.22% quarter-over-quarter.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of 0.07.
New Gold Inc. is a Canadian intermediate gold mining company, which is engaged in the development and operation of mineral properties. The assets of the Company, directly or through its subsidiaries, comprise the New Afton Mine in British Columbia, Canada (New Afton) and the Rainy River Mine in Ontario, Canada (Rainy River). The Rainy River is located approximately 65 kilometers (km) northwest of Fort Frances, Ontario, Canada. The New Afton mine is located approximately 10 km west of Kamloops, 350 km northeast of Vancouver, British Columbia, Canada.
Ticker SymbolNGD
CompanyNew Gold Inc
CEOGodin (Patrick)
Websitehttps://newgold.com/home/default.aspx
FAQs
What is the current price of New Gold Inc (NGD)?
The current price of New Gold Inc (NGD) is 8.865.
What is the symbol of New Gold Inc?
The ticker symbol of New Gold Inc is NGD.
What is the 52-week high of New Gold Inc?
The 52-week high of New Gold Inc is 12.120.
What is the 52-week low of New Gold Inc?
The 52-week low of New Gold Inc is 3.500.
What is the market capitalization of New Gold Inc?
The market capitalization of New Gold Inc is 7.02B.
What is the net income of New Gold Inc?
The net income of New Gold Inc is 102.60M.
Is New Gold Inc (NGD) currently rated as Buy, Hold, or Sell?
According to analysts, New Gold Inc (NGD) has an overall rating of Buy, with a price target of 8.881.
What is the Earnings Per Share (EPS TTM) of New Gold Inc (NGD)?
The Earnings Per Share (EPS TTM) of New Gold Inc (NGD) is 0.317.