New Gold Inc. (NGD): Price and Financial Metrics
New Gold Inc. (NGD)
Today's Latest Price: $1.83 USD
Updated Nov 27 1:00pm
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POWR Components:
Trade Grade Buy & Hold Grade Peer Grade Industry Rank
Industry Rank:
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 >
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 Price | DCF 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 Flow | Return 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.
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