New Gold Inc. (NGD) Social Stream
NEW GOLD INC (NGD) Price Targets From Analysts
The tables below show the price targets and recommendations analysts covering NGD.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Current Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2021-11-12 | 6 | $2.16 | $1.2 | $1.686 | $1.33 | 26.77% |
| 2021-11-15 | 6 | $1.82 | $1.2 | $1.614 | $1.33 | 21.35% |
| 2021-11-18 | 6 | $2 | $1.2 | $1.65 | $1.33 | 24.06% |
| 2021-12-14 | 6 | $2 | $1.4 | $1.69 | $1.33 | 27.07% |
| 2022-01-13 | 6 | $2 | $1.4 | $1.74 | $1.33 | 30.83% |
| 2022-01-17 | 7 | $2 | $1.4 | $1.74 | $1.33 | 30.83% |
| 2022-02-02 | 7 | $2.2 | $1.4 | $1.78 | $1.33 | 33.83% |
| 2022-02-23 | 6 | $2.2 | $1.4 | $1.78 | $1.33 | 33.83% |
| 2022-02-24 | 6 | $2.2 | $1.5 | $1.8 | $1.33 | 35.34% |
| 2022-03-22 | 6 | $2 | $1.5 | $1.756 | $1.33 | 32.03% |
| 2022-03-29 | 6 | $2.17 | $1.5 | $1.794 | $1.33 | 34.89% |
| 2022-04-19 | 6 | $2.17 | $1.5 | $1.854 | $1.33 | 39.4% |
| 2022-04-25 | 6 | $2 | $1.5 | $1.82 | $1.33 | 36.84% |
| 2022-05-20 | 6 | $2.4 | $1.5 | $1.916 | $1.33 | 44.06% |
| 2022-08-17 | 7 | $2.4 | $0.77 | $1.217 | $1.33 | -8.5% |
| 2022-09-17 | 7 | $2.37 | $0.77 | $1.213 | $1.33 | -8.8% |
| 2022-10-03 | 7 | $2.37 | $0.77 | $1.26 | $1.33 | -5.26% |
| 2022-10-07 | 7 | $2.37 | $0.85 | $1.286 | $1.33 | -3.31% |
| 2022-10-14 | 7 | $2.37 | $0.85 | $1.281 | $1.33 | -3.68% |
| 2022-11-14 | 7 | $2.37 | $0.85 | $1.29 | $1.33 | -3.01% |
| 2022-11-23 | 7 | $2.37 | $0.85 | $1.302 | $1.33 | -2.11% |
| 2022-12-05 | 6 | $2.37 | $0.85 | $1.348 | $1.33 | 1.35% |
| 2023-01-10 | 6 | $2.37 | $0.85 | $1.348 | $1.33 | 1.35% |
| 2023-02-13 | 6 | $2.37 | $0.85 | $1.426 | $1.33 | 7.22% |
| 2023-02-28 | 7 | $2.37 | $0.85 | $1.365 | $1.33 | 2.63% |
| 2023-04-10 | 7 | $2.37 | $0.85 | $1.32 | $1.33 | -0.75% |
| 2023-04-13 | 7 | $2.37 | $0.85 | $1.351 | $1.33 | 1.58% |
| 2023-04-17 | 7 | $2.37 | $0.85 | $1.397 | $1.33 | 5.04% |
| 2023-04-19 | 6 | $1.67 | $0.85 | $1.33 | $1.33 | 0% |
| 2023-04-27 | 6 | $1.54 | $0.85 | $1.302 | $1.33 | -2.11% |
| 2023-06-02 | 6 | $1.622 | $0.85 | $1.323 | $1.33 | -0.53% |
| 2023-07-12 | 6 | $1.622 | $0.85 | $1.337 | $1.33 | 0.53% |
| 2023-07-14 | 6 | $1.622 | $0.85 | $1.303 | $1.33 | -2.03% |
| 2023-07-31 | 6 | $1.5 | $0.85 | $1.255 | $1.33 | -5.64% |
| 2023-08-15 | 6 | $1.5 | $1 | $1.28 | $1.33 | -3.76% |
| 2023-09-07 | 6 | $1.5 | $1 | $1.321 | $1.33 | -0.68% |
| 2023-10-05 | 7 | $1.5 | $1 | $1.321 | $1.33 | -0.68% |
| 2023-10-18 | 7 | $1.64 | $1 | $1.367 | $1.33 | 2.78% |
| 2023-10-29 | 7 | $1.64 | $1 | $1.372 | $1.33 | 3.16% |
| 2023-10-31 | 7 | $1.64 | $1 | $1.385 | $1.33 | 4.14% |
| 2023-11-20 | 7 | $1.64 | $1 | $1.4 | $1.33 | 5.26% |
| 2023-12-06 | 8 | $1.75 | $1 | $1.435 | $1.33 | 7.89% |
The Trend in the Analyst Price Target
Over the past 22 months, NGD's average price target has gone down $0.28.
Over the past 47 weeks, NGD's average upside potential has been 17.61%.
| Date | Number of Analysts | Highest Target Price | Lowest Target Price | Average Target Price | Share Price | Upside Potential |
|---|---|---|---|---|---|---|
| 2023-01-30 | 6 | 2.370 | 0.85 | 1.426 | 1.150 | 24% |
| 2023-02-28 | 6 | 2.370 | 0.85 | 1.365 | 0.915 | 49.18% |
| 2023-05-18 | 6 | 1.622 | 0.85 | 1.323 | 1.290 | 2.56% |
| 2023-06-02 | 6 | 1.622 | 0.85 | 1.323 | 1.230 | 7.56% |
| 2023-09-07 | 6 | 1.500 | 1.00 | 1.321 | 1.000 | 32.1% |
NGD Broker Recommendations Summary
| Average Broker Rating | Strong Buy | Buy | Hold | Sell | Strong Sell | Analysts Issuing Recs |
|---|---|---|---|---|---|---|
| 2.75 | 2 | 1 | 3 | 1 | 1 | 8 |
The Trend in the Broker Recommendations
NGD's average broker recommendation rating improved by 0.42 over the prior 24 months.
The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for NGD as an investment opportunity.
- In terms of how NEW GOLD INC fares relative to all US stocks, note that its average analyst price target is higher than 17.13% of that group.
- NGD has a lower variance in analysts' estimates than -3168.97% of Basic Materials stocks.
- NEW GOLD INC's upside potential (average analyst target price relative to current price) is greater than 1642.62% of Non-Metallic and Industrial Metal Mining stocks.
- NGD has a higher number of analysts covering the stock than 1566.33% of Non-Metallic and Industrial Metal Mining stocks.
Stocks similar to NEW GOLD INC in the Non-Metallic and Industrial Metal Mining industry regarding analyst recommendations and price targets are HBM, TMC, and ERO.
View All Top Stocks by Price Target
Is NGD a Buy, Hold or Sell? See the POWR Ratings now!