NGD 📈 New Gold - Overview
Exchange: NYSE MKT • Country: Canada • Currency: USD • Type: Common Stock • ISIN: CA6445351068
NGD: Gold, Silver, Copper
New Gold Inc., an intermediate gold mining company, develops and operates of mineral properties in Canada. It primarily explores for gold, silver, and copper deposits. The company's principal operating properties include 100% interest in the Rainy River mine located in Northwestern Ontario, Canada; and New Afton project situated in South-Central British Columbia. New Gold Inc. is headquartered in Toronto, Canada. Web URL: https://www.newgold.com
Additional Sources for NGD Stock
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
NGD Stock Overview
| Market Cap in USD | 2,444m |
| Sector | Basic Materials |
| Industry | Gold |
| GiC Sub-Industry | Gold |
| IPO / Inception | 2004-11-18 |
NGD Stock Ratings
| Growth 5y | 58.3% |
| Fundamental | 0.81% |
| Dividend | - |
| Rel. Strength Industry | 2241 |
| Analysts | 3.5/5 |
| Fair Price Momentum | 2.48 USD |
| Fair Price DCF | 2.78 USD |
NGD Dividends
No Dividends PaidNGD Growth Ratios
| Growth Correlation 3m | -46.4% |
| Growth Correlation 12m | 93.7% |
| Growth Correlation 5y | 21% |
| CAGR 5y | 25.94% |
| CAGR/Mean DD 5y | 0.79 |
| Sharpe Ratio 12m | 1.10 |
| Alpha | 38.50 |
| Beta | 1.03 |
| Volatility | 62.24% |
| Current Volume | 13765.7k |
| Average Volume 20d | 8459k |
What is the price of NGD stocks?
As of December 21, 2024, the stock is trading at USD 2.51 with a total of 13,765,717 shares traded.
Over the past week, the price has changed by -9.39%, over one month by -9.71%, over three months by -19.29% and over the past year by +69.59%.
As of December 21, 2024, the stock is trading at USD 2.51 with a total of 13,765,717 shares traded.
Over the past week, the price has changed by -9.39%, over one month by -9.71%, over three months by -19.29% and over the past year by +69.59%.
Is New Gold a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, New Gold is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 0.81 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 December 2024 is 2.48. This means that NGD is currently overvalued and has a potential downside of -1.2%.
Neither. Based on ValueRay Fundamental Analyses, New Gold is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 0.81 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 December 2024 is 2.48. This means that NGD is currently overvalued and has a potential downside of -1.2%.
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.
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 2.7 in December 2025. The stock is currently trading at 2.51. This means that the stock has a potential upside of +8.76%.
According to ValueRays Forecast Model, NGD New Gold will be worth about 2.7 in December 2025. The stock is currently trading at 2.51. This means that the stock has a potential upside of +8.76%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | 3.4 | 34.3% |
| Analysts Target Price | 1.5 | -41.4% |
| ValueRay Target Price | 2.7 | 8.8% |