New Gold Inc's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 18 out of 118 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 11.53.In the medium term, the stock price is expected to remain stable.Despite a very weak market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of New Gold Inc is 8.52, ranking 28 out of 118 in the Metals & Mining industry. Its financial status is weak, and its operating efficiency is high. Its latest quarterly revenue reached 462.50M, representing a year-over-year increase of 83.53%, while its net profit experienced a year-over-year increase of 275.46%.
Key Metrics
The current valuation score of New Gold Inc is 7.54, ranking 76 out of 118 in the Metals & Mining industry. Its current P/E ratio is 28.60, which is 343.37% below the recent high of 126.80 and 466.07% above the recent low of -104.69.
The current earnings forecast score of New Gold Inc is 7.60, ranking 67 out of 118 in the Metals & Mining industry. The average price target is 9.00, with a high of 12.00 and a low of 4.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of New Gold Inc is 6.89, ranking 22 out of 118 in the Metals & Mining industry. Currently, the stock price is trading between the resistance level at 12.25 and the support level at 7.19, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Metals & Mining domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of New Gold Inc is 5.21, ranking 51 out of 118 in the Metals & Mining industry. The company's beta value is 1.99. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. with an industry-leading ESG disclosure.
