New Gold Future Growth
Future criteria checks 4/6
New Gold is forecast to grow earnings and revenue by 89.4% and 18.4% per annum respectively while EPS is expected to grow by 49% per annum.
Key information
89.0%
Earnings growth rate
48.9%
EPS growth rate
| Metals and Mining earnings growth | 35.1% |
| Revenue growth rate | 16.7% |
| Future return on equity | n/a |
| Analyst coverage | Good |
| Last updated | 31 May 2024 |
Recent future growth updates
Recent updates
Investors Still Aren't Entirely Convinced By New Gold Inc.'s (TSE:NGD) Revenues Despite 43% Price Jump
Mar 30
Is New Gold (TSE:NGD) Using Too Much Debt?
Mar 12Not Many Are Piling Into New Gold Inc. (TSE:NGD) Just Yet
Jan 19Is New Gold (TSE:NGD) A Risky Investment?
Jul 12Is New Gold (TSE:NGD) A Risky Investment?
Mar 02New Gold (TSE:NGD) Seems To Be Using A Lot Of Debt
Aug 20These 4 Measures Indicate That New Gold (TSE:NGD) Is Using Debt Reasonably Well
Apr 25New Gold's (TSE:NGD) Earnings Are Of Questionable Quality
Mar 02Analysts Are More Bearish On New Gold Inc. (TSE:NGD) Than They Used To Be
Feb 28Here's Why New Gold (TSE:NGD) Has A Meaningful Debt Burden
Nov 07Does New Gold (TSE:NGD) Have A Healthy Balance Sheet?
Aug 04New Gold Inc. (TSE:NGD) On The Verge Of Breaking Even
May 10Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 1,246 | 297 | 601 | 636 | 3 |
| 12/31/2025 | 1,092 | 178 | 299 | 478 | 6 |
| 12/31/2024 | 945 | 59 | 72 | 378 | 6 |
| 3/31/2024 | 777 | -76 | 18 | 282 | N/A |
| 12/31/2023 | 787 | -64 | 22 | 288 | N/A |
| 9/30/2023 | 750 | -54 | -25 | 249 | N/A |
| 6/30/2023 | 700 | -55 | -71 | 203 | N/A |
| 3/31/2023 | 631 | -91 | -94 | 184 | N/A |
| 12/31/2022 | 604 | -67 | -102 | 191 | N/A |
| 9/30/2022 | 644 | 101 | -18 | 265 | N/A |
| 6/30/2022 | 673 | 94 | -3 | 265 | N/A |
| 3/31/2022 | 755 | 116 | 66 | 338 | N/A |
| 12/31/2021 | 746 | 141 | 76 | 324 | N/A |
| 9/30/2021 | 742 | -31 | 18 | 317 | N/A |
| 6/30/2021 | 736 | -4 | 52 | 354 | N/A |
| 3/31/2021 | 666 | -34 | 24 | 297 | N/A |
| 12/31/2020 | 643 | -79 | 11 | 295 | N/A |
| 9/30/2020 | 584 | -58 | -33 | 244 | N/A |
| 6/30/2020 | 578 | -98 | -37 | 243 | N/A |
| 3/31/2020 | 605 | -88 | -28 | 241 | N/A |
| 12/31/2019 | 631 | -73 | 10 | 264 | N/A |
| 9/30/2019 | 649 | -816 | 88 | 279 | N/A |
| 6/30/2019 | 628 | -793 | 55 | 239 | N/A |
| 3/31/2019 | 625 | -1,071 | 58 | 254 | N/A |
| 12/31/2018 | 605 | -1,086 | 31 | 245 | N/A |
| 9/30/2018 | 571 | -570 | 32 | 301 | N/A |
| 6/30/2018 | 517 | -542 | -43 | 316 | N/A |
| 3/31/2018 | 412 | -217 | -154 | 331 | N/A |
| 12/31/2017 | 389 | -158 | N/A | 342 | N/A |
| 9/30/2017 | 406 | 45 | N/A | 275 | N/A |
| 6/30/2017 | 428 | 20 | N/A | 299 | N/A |
| 3/31/2017 | 493 | -3 | N/A | 298 | N/A |
| 12/31/2016 | 523 | -9 | N/A | 282 | N/A |
| 9/30/2016 | 581 | 5 | N/A | 315 | N/A |
| 6/30/2016 | 643 | -153 | N/A | 277 | N/A |
| 3/31/2016 | 699 | -132 | N/A | 254 | N/A |
| 12/31/2015 | 713 | -201 | N/A | 263 | N/A |
| 9/30/2015 | 702 | -624 | N/A | 248 | N/A |
| 6/30/2015 | 694 | -526 | N/A | 255 | N/A |
| 3/31/2015 | 704 | -519 | N/A | 257 | N/A |
| 12/31/2014 | 726 | -477 | N/A | 269 | N/A |
| 9/30/2014 | 736 | -300 | N/A | 299 | N/A |
| 6/30/2014 | 763 | -228 | N/A | 277 | N/A |
| 3/31/2014 | 768 | -229 | N/A | 195 | N/A |
| 12/31/2013 | 780 | -191 | N/A | 172 | N/A |
| 9/30/2013 | 832 | 187 | N/A | 178 | N/A |
| 6/30/2013 | 832 | 193 | N/A | 189 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NGD is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.1%).
Earnings vs Market: NGD is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: NGD is expected to become profitable in the next 3 years.
Revenue vs Market: NGD's revenue (18.4% per year) is forecast to grow faster than the Canadian market (7.2% per year).
High Growth Revenue: NGD's revenue (18.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if NGD's Return on Equity is forecast to be high in 3 years time