(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., a mid-tier gold mining company, specializes in the development and operation of mineral properties across Canada. The companys primary focus is on gold, but it also explores for silver and copper deposits. Its flagship asset is the Rainy River mine, located in Northwestern Ontario, which is a significant gold and silver producer. Additionally, the company operates the New Afton project in South-Central British Columbia, a gold, silver, and copper mine known for its underground block cave operation. Both projects are fully owned by New Gold, providing the company with stable cash flow and operational control.
From a financial perspective, New Gold Inc. has a market capitalization of approximately $2.4 billion USD, placing it in the intermediate tier of gold producers. The companys trailing P/E ratio is elevated at 151.50, which reflects the volatility and cyclical nature of the mining industry. However, the forward P/E ratio of 8.87 suggests that analysts expect improved earnings in the coming years. The price-to-book ratio of 2.40 indicates that the companys assets are valued higher than their book value, which could be a sign of investor confidence in its operations and growth prospects. The price-to-sales ratio of 2.78 highlights the premium investors are placing on the companys revenue streams.
Headquartered in Toronto, Canada, New Gold Inc. is well-positioned to benefit from the countrys mining-friendly jurisdictions and robust regulatory framework. The companys focus on sustainable mining practices and community engagement is increasingly important for ESG-focused investors. While the stock is listed on the NYSE MKT under the ticker NGD, its primary operations and governance are rooted in Canada. For more detailed information, investors can visit the companys 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 | 2,298m |
Sector | Basic Materials |
Industry | Gold |
GiC Sub-Industry | Gold |
IPO / Inception | 2004-11-18 |
NGD Stock Ratings
Growth 5y | 63.8% |
Fundamental | 46.1% |
Dividend | 0.0% |
Rel. Strength Industry | 103 |
Analysts | 3.5/5 |
Fair Price Momentum | 3.46 USD |
Fair Price DCF | 2.18 USD |
NGD Dividends
No Dividends PaidNGD Growth Ratios
Growth Correlation 3m | 50% |
Growth Correlation 12m | 84% |
Growth Correlation 5y | 22.3% |
CAGR 5y | 45.24% |
CAGR/Max DD 5y | 0.61 |
Sharpe Ratio 12m | -0.08 |
Alpha | 80.95 |
Beta | 1.76 |
Volatility | 60.72% |
Current Volume | 28534.2k |
Average Volume 20d | 18800k |
As of March 14, 2025, the stock is trading at USD 3.23 with a total of 28,534,190 shares traded.
Over the past week, the price has changed by +14.54%, over one month by +6.60%, over three months by +16.61% and over the past year by +92.26%.
Partly, yes. Based on ValueRay Fundamental Analyses, New Gold (NYSE MKT:NGD) is currently (March 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 46.06 and therefor a somewhat positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NGD as of March 2025 is 3.46. This means that NGD is currently overvalued and has a potential downside of 7.12%.
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 4 in March 2026. The stock is currently trading at 3.23. This means that the stock has a potential upside of +23.22%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 3.5 | 7.1% |
Analysts Target Price | 3.4 | 4.3% |
ValueRay Target Price | 4 | 23.2% |