(NGD) New Gold - Ratings and Ratios
Exchange: TO • Country: Canada • Currency: CAD • Type: Common Stock • ISIN: CA6445351068
NGD: Gold, Silver, Copper
New Gold Inc. (TO:NGD) stands as a prominent intermediate gold mining company, with a robust presence in Canada. Their operations are anchored by two key assets: the Rainy River open-pit mine in Northwestern Ontario and the New Afton underground mine in South-Central British Columbia. These sites are not only central to their current production but also pivotal for future growth.
At Rainy River, annual production hovers around 250,000 ounces of gold, complemented by significant silver and copper output. The mines mineral reserves and resources underscore its long-term potential, a critical factor for investors assessing the companys sustainability. Similarly, New Afton contributes around 100,000 ounces of gold yearly, with a focus on efficient underground extraction methods.
Financially, New Golds market capitalization of $3.472 billion CAD highlights its substantial size in the intermediate sector. The high P/E ratio of 146.33 may raise eyebrows, suggesting a premium valuation, yet the forward P/E of 8.98 hints at anticipated earnings growth. The P/B ratio of 2.42 reflects a valuation above book value, while a P/S ratio of 4.03 indicates the markets confidence in future growth relative to sales.
Operational efficiency is key, with the company focusing on optimizing costs and maintaining a strong cash flow. New Golds manageable debt and strategic cash position provide stability, crucial in the volatile mining sector. Additionally, any exploration activities or expansion projects, such as new discoveries or joint ventures, are closely monitored for their potential to drive growth.
Environmental and regulatory considerations are also in play. Investors should be aware of
Additional Sources for NGD Stock
NGD Stock Overview
Market Cap in USD | 2,154m |
Sector | Basic Materials |
Industry | Gold |
GiC Sub-Industry | Gold |
IPO / Inception |
NGD Stock Ratings
Growth 5y | 66.0% |
Fundamental | 7.88% |
Dividend | 0.0% |
Rel. Strength Industry | 110 |
Analysts | - |
Fair Price Momentum | 4.79 CAD |
Fair Price DCF | 1.71 CAD |
NGD Dividends
No Dividends PaidNGD Growth Ratios
Growth Correlation 3m | 62.7% |
Growth Correlation 12m | 88.8% |
Growth Correlation 5y | 25.7% |
CAGR 5y | 46.08% |
CAGR/Max DD 5y | 0.63 |
Sharpe Ratio 12m | -0.08 |
Alpha | 85.43 |
Beta | 1.53 |
Volatility | 54.17% |
Current Volume | 2375.7k |
Average Volume 20d | 1546.3k |
As of March 15, 2025, the stock is trading at CAD 4.59 with a total of 2,375,700 shares traded.
Over the past week, the price has changed by +10.60%, over one month by +11.41%, over three months by +18.91% and over the past year by +102.20%.
Neither. Based on ValueRay Fundamental Analyses, New Gold is currently (March 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 7.88 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 March 2025 is 4.79. This means that NGD is currently overvalued and has a potential downside of 4.36%.
New Gold has no consensus analysts rating.
According to ValueRays Forecast Model, NGD New Gold will be worth about 5.4 in March 2026. The stock is currently trading at 4.59. This means that the stock has a potential upside of +18.3%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 5.2 | 13.7% |
Analysts Target Price | - | - |
ValueRay Target Price | 5.4 | 18.3% |