(NGD) New Gold - Ratings and Ratios
Exchange: TO • Country: Canada • Currency: CAD • Type: Common Stock • ISIN: CA6445351068
NGD: Gold, Silver, Copper
New Gold Inc. is an intermediate gold mining company with a focus on developing and operating mineral properties in Canada, a country known for its rich natural resources and favorable mining regulations. The company's exploration efforts are primarily directed towards discovering gold, silver, and copper deposits, which are in high demand globally due to their industrial and investment applications. Its portfolio of properties is diversified across different regions in Canada, with a strong presence in Ontario and British Columbia.
The company's principal operating properties include the Rainy River mine, located in Northwestern Ontario, Canada, which is 100% owned by New Gold Inc. This mine is a significant contributor to the company's gold production, with a large mineral reserve base and a long mine life. Another key property is the New Afton project, situated in South-Central British Columbia, which is also fully owned by the company. The New Afton project is an underground gold and copper mine that has been in operation for several years, providing a steady stream of revenue for New Gold Inc.
As a publicly traded company, New Gold Inc. is headquartered in Toronto, Canada, and is listed on the Toronto Stock Exchange under the symbol NGD. The company's common stock is traded under the ISIN code CA6445351068, and it is classified under the Gold sub-industry according to the Global Industry Classification Standard (GICS). With a strong portfolio of properties and a focus on responsible mining practices, New Gold Inc. is well-positioned to capitalize on the growing demand for gold and other precious metals. More information about the company can be found on its website at https://www.newgold.com.
Additional Sources for NGD Stock
NGD Stock Overview
Market Cap in USD | 2,241m |
Sector | Basic Materials |
Industry | Gold |
GiC Sub-Industry | Gold |
IPO / Inception |
NGD Stock Ratings
Growth 5y | 63.3% |
Fundamental | 0.64% |
Dividend | - |
Rel. Strength Industry | 154 |
Analysts | - |
Fair Price Momentum | 4.33 CAD |
Fair Price DCF | 3.18 CAD |
NGD Dividends
No Dividends PaidNGD Growth Ratios
Growth Correlation 3m | 25.4% |
Growth Correlation 12m | 91.9% |
Growth Correlation 5y | 24.8% |
CAGR 5y | 27.79% |
CAGR/Mean DD 5y | 0.89 |
Sharpe Ratio 12m | 1.96 |
Alpha | 137.38 |
Beta | 0.87 |
Volatility | 53.52% |
Current Volume | 924.2k |
Average Volume 20d | 1144.2k |
As of January 29, 2025, the stock is trading at CAD 4.15 with a total of 924,200 shares traded.
Over the past week, the price has changed by +3.23%, over one month by +17.90%, over three months by +4.53% and over the past year by +176.67%.
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 0.64 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 4.33. This means that NGD is currently overvalued and has a potential downside of 4.34%.
New Gold has no consensus analysts rating.
According to ValueRays Forecast Model, NGD New Gold will be worth about 4.8 in January 2026. The stock is currently trading at 4.15. This means that the stock has a potential upside of +14.7%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 5 | 21.2% |
Analysts Target Price | - | - |
ValueRay Target Price | 4.8 | 14.7% |