(NGD) New Gold - Ratings and Ratios

Exchange: NYSE MKT • Country: Canada • Currency: USD • Type: Common Stock • ISIN: CA6445351068

NGD: Gold, Silver, Copper

New Gold Inc. is a Canadian-based intermediate gold mining company that engages in the development and operation of mineral properties, with a primary focus on gold, silver, and copper deposits. The company's portfolio includes a 100% interest in the Rainy River mine, situated in Northwestern Ontario, Canada, which is known for its significant gold reserves. Additionally, New Gold Inc. has a substantial interest in the New Afton project, located in South-Central British Columbia, a region renowned for its rich mineral deposits. These operating properties are the backbone of the company's operations, driving its growth and revenue.

As a key player in the gold mining industry, New Gold Inc. is committed to responsible mining practices, ensuring that its operations are environmentally sustainable and socially responsible. The company's headquarters in Toronto, Canada, serves as the central hub for its operations, providing strategic direction and oversight. With a strong online presence, investors and stakeholders can access detailed information about the company's activities, financial performance, and governance structure through its website at https://www.newgold.com. New Gold Inc.'s common stock is listed on the NYSE MKT under the ticker symbol NGD, and its ISIN is CA6445351068, categorizing it under the Gold sub-industry within the GICS classification system.

From a geological perspective, New Gold Inc.'s properties are situated in regions with significant mineral potential, providing opportunities for exploration and development. The Rainy River mine, for instance, is located in the Uchi sub-province of the Superior Province, an area known for its Archean greenstone belts and volcanic rocks, which are often associated with gold and copper mineralization. Similarly, the New Afton project is situated in the Quesnel terrane, a region characterized by complex geological structures and a long history of mineral exploration and mining. By leveraging its technical expertise and operational capabilities, New Gold Inc. aims to unlock the full potential of its properties, driving long-term value creation for its stakeholders.

Additional Sources for NGD Stock

NGD Stock Overview

Market Cap in USD 2,143m
Sector Basic Materials
Industry Gold
GiC Sub-Industry Gold
IPO / Inception 2004-11-18

NGD Stock Ratings

Growth 5y 61.2%
Fundamental 1.33%
Dividend -
Rel. Strength Industry 119
Analysts 3.5/5
Fair Price Momentum 2.96 USD
Fair Price DCF 2.78 USD

NGD Dividends

No Dividends Paid

NGD Growth Ratios

Growth Correlation 3m -13.1%
Growth Correlation 12m 89.5%
Growth Correlation 5y 21.5%
CAGR 5y 25.62%
CAGR/Mean DD 5y 0.78
Sharpe Ratio 12m 1.79
Alpha 114.14
Beta 1.02
Volatility 52.04%
Current Volume 9387.6k
Average Volume 20d 9016.9k
What is the price of NGD stocks?
As of January 29, 2025, the stock is trading at USD 2.87 with a total of 9,387,592 shares traded.
Over the past week, the price has changed by +1.77%, over one month by +16.19%, over three months by +0.35% and over the past year by +139.17%.
Is New Gold a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, New Gold is currently (January 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 1.33 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NGD as of January 2025 is 2.96. This means that NGD is currently overvalued and has a potential downside of 3.14%.
Is NGD a buy, sell or hold?
New Gold has received a consensus analysts rating of 3.50. Therefor, it is recommend to hold NGD.
  • Strong Buy: 2
  • Buy: 4
  • Hold: 2
  • Sell: 1
  • Strong Sell: 1
What are the forecast for NGD stock price target?
According to ValueRays Forecast Model, NGD New Gold will be worth about 3.3 in January 2026. The stock is currently trading at 2.87. This means that the stock has a potential upside of +13.24%.
Issuer Forecast Upside
Wallstreet Target Price 3.4 17.4%
Analysts Target Price 3.4 17.4%
ValueRay Target Price 3.3 13.2%