NGD 📈 New Gold - Overview
Exchange: NYSE MKT • Opening Hours • Country: Canada • Currency: USD • Type: Common Stock • ISIN: CA6445351068
NGD: Gold, Silver, Copper
New Gold Inc. is a mid-tier gold mining company that specializes in the development and operation of mineral properties across Canada. The company's primary focus is on exploring and extracting gold, silver, and copper deposits, with a strong presence in two key regions: Northwestern Ontario and South-Central British Columbia.
One of New Gold's flagship assets is the Rainy River mine, located in Northwestern Ontario, which is 100% owned and operated by the company. This mine is a significant contributor to New Gold's overall production and revenue.
In addition to Rainy River, New Gold also has a substantial interest in the New Afton project, situated in South-Central British Columbia. This project is a key component of the company's growth strategy, with significant potential for future development and expansion.
Headquartered in Toronto, Canada, New Gold Inc. is well-positioned to leverage its expertise and resources to drive growth and profitability in the Canadian mining sector. For more information on the company's operations, projects, and performance, visit their website at https://www.newgold.com.
Additional Sources for NGD Stock
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
NGD Stock Overview
| Market Cap in USD | 2,199m |
| Sector | Basic Materials |
| Industry | Gold |
| GiC SubIndustry | Gold |
| TER | 0.00% |
| IPO / Inception | 2004-11-18 |
NGD Stock Ratings
| Growth 5y | 59.0 |
| Fundamental | -2.11 |
| Dividend | - |
| Rel. Performance vs Sector | 5.20 |
| Analysts | 3.50/5 |
| Fair Price Momentum | 2.88 USD |
| Fair Price DCF | 2.78 USD |
NGD Dividends
| Dividend Yield 12m | 0.00% |
| Yield on Cost 5y | 0.00% |
| Dividends CAGR 5y | 0.00% |
| Payout Consistency | 0.00% |
NGD Growth Ratios
| Growth Correlation 3m | 5.2% |
| Growth Correlation 12m | 93.7% |
| Growth Correlation 5y | 20.2% |
| CAGR 5y | 28.83% |
| CAGR/Mean DD 5y | 0.88 |
| Sharpe Ratio 12m | 1.52 |
| Alpha vs SP500 12m | 78.76 |
| Beta vs SP500 5y weekly | 1.01 |
| Volatility GJR Garch 1y | 48.69% |
| Current Volume | 7142.8k |
| Average Volume 20d | 10429.7k |
As of November 21, 2024, the stock is trading at USD 2.78 with a total of 7,142,822 shares traded.
Over the past week, the price has changed by +12.10%, over one month by -6.40%, over three months by +4.51% and over the past year by +122.40%.
Neither. Based on ValueRay Fundamental Analyses, New Gold is currently (November 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of -2.11 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 November 2024 is 2.88. This means that NGD is currently overvalued and has a potential downside of 3.6%.
- Strong Buy: 2
- Buy: 4
- Hold: 2
- Sell: 1
- Strong Sell: 1
According to ValueRays Forecast Model, NGD New Gold will be worth about 3.2 in November 2025. The stock is currently trading at 2.78. This means that the stock has a potential upside of +14.03%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | 3.2 | 14.7% |
| Analysts Target Price | 1.5 | -47.1% |
| ValueRay Target Price | 3.2 | 14% |