(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
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
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 PaidNGD 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 |
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%.
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%.
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
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% |