New Gold Inc. (NGD): Price and Financial Metrics


New Gold Inc. (NGD)

Today's Latest Price: $1.83 USD

0.08 (4.57%)

Updated Nov 27 1:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 30 in Miners - Gold

See all "A" rated Strong Buy stocks

NGD Stock Summary

  • The ratio of debt to operating expenses for New Gold Inc is higher than it is for about 97.51% of US stocks.
  • Over the past twelve months, NGD has reported earnings growth of -95.81%, putting it ahead of only 20.17% of US stocks in our set.
  • The volatility of New Gold Inc's share price is greater than that of 87.86% US stocks with at least 200 days of trading history.
  • Stocks with similar financial metrics, market capitalization, and price volatility to New Gold Inc are TPVG, OXSQ, HRZN, BPY, and GLAD.
  • Visit NGD's SEC page to see the company's official filings. To visit the company's web site, go to www.newgold.com.

NGD Stock Price Chart Interactive Chart >

Price chart for NGD

NGD Price/Volume Stats

Current price $1.83 52-week high $2.28
Prev. close $1.75 52-week low $0.39
Day low $1.72 Volume 4,411,861
Day high $1.83 Avg. volume 6,733,032
50-day MA $1.93 Dividend yield N/A
200-day MA $1.35 Market Cap 1.24B

New Gold Inc. (NGD) Company Bio


New Gold Inc. engages in the acquisition, exploration, development, and operation of mineral properties in Canada, United States, Australia, Mexico, and Chile. The company was founded in 1980 and is based in Vancouver, Canada.

NGD Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$1.83$0 -100%

We started the process of determining a valid price forecast for New Gold Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that New Gold Inc ranked in the 0th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 100%. The most interesting components of our discounted cash flow analysis for New Gold Inc ended up being:

  • The company's compound free cash flow growth rate over the past 1 years comes in at -0.69%; that's greater than only 1.16% of US stocks we're applying DCF forecasting to.
  • New Gold Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -0.18. This coverage rate is greater than that of merely 24.92% of stocks we're observing for the purpose of forecasting via discounted cash flows.
  • As a business, New Gold Inc experienced a tax rate of about 3% over the past twelve months; relative to its sector (Basic Materials), this tax rate is higher than merely 24.74% of stocks generating free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-100%
1%-100%
2%-100%
3%-100%
4%-100%
5%-100%

For other companies in the Basic Materials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as NGD, try AEM, BIOX, GSTX, HUN, and OSN.


NGD Latest News Stream


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Latest NGD News From Around the Web

Below are the latest news stories about New Gold Inc that investors may wish to consider to help them evaluate NGD as an investment opportunity.

Ontario mining company 1st to try new mobile test that diagnoses COVID-19 in as little as an hour

New Gold Inc. is turning to a new test that can diagnose COVID-19 cases in as little as one hour outside a lab setting in the hope of keeping its gold and silver mine in northern Ontario free of the disease.

CBC News | August 11, 2020

New Gold, Inc. (NGD) CEO Renaud Adams on Q2 2020 Results - Earnings Call Transcript

New Gold, Inc. (NGD) Q2 2020 Earnings Conference Call July 30, 2020, 08:30 ET Company Participants Anne Day - VP, IR Renaud Adams - President, CEO & Director Robert Chausse - EVP & CFO Conference Call Participants Nicholas Jarmoszuk - Stifel, Nicolaus & Company Matthew Fields - Bank of America...

SA Transcripts on Seeking Alpha | July 31, 2020

New Gold Reports Second Quarter Financial Results

TORONTO--(BUSINESS WIRE)--July 30, 2020 – New Gold Inc. (“New Gold” or the “Company”) (TSX and NYSE American: NGD) reports second quarter results for the Company as of June 30, 2020 as well as its updated operational outlook for 2020. During the quarter, the Company has been able to execute on numerous key strategic opportunities, including the closing of the $300 million partnership with Ontario Teachers' Pension Plan, the divestment of the Blackwater Project for C$190 million cash and an 8% g

Business Wire | July 30, 2020

Here's Why Momentum Investors Will Love New Gold (NGD)

Does New Gold (NGD) have what it takes to be a top stock pick for momentum investors? Let's find out.

Yahoo | July 22, 2020

New Gold Inc. (NGD) Shares March Higher, Can It Continue?

As of late, it has definitely been a great time to be an investor in New Gold Inc. (NGD).

Yahoo | July 22, 2020

Read More 'NGD' Stories Here

NGD Price Returns

1-mo -8.50%
3-mo 13.66%
6-mo 51.24%
1-year 128.18%
3-year -40.97%
5-year -14.49%
YTD 107.95%
2019 16.25%
2018 -76.99%
2017 -6.00%
2016 50.86%
2015 -46.05%

Continue Researching NGD

Here are a few links from around the web to help you further your research on New Gold Inc's stock as an investment opportunity:

New Gold Inc (NGD) Stock Price | Nasdaq
New Gold Inc (NGD) Stock Quote, History and News - Yahoo Finance
New Gold Inc (NGD) Stock Price and Basic Information | MarketWatch


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