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New Gold TSX:NGD Stock Report

Last Price

CA$2.43

Market Cap

CA$1.7b

7D

1.7%

1Y

38.1%

Updated

15 Apr, 2024

Data

Company Financials +

NGD Stock Overview

New Gold Inc., an intermediate gold mining company, develops and operates of mineral properties in Canada.

NGD fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance0/6
Financial Health5/6
Dividends0/6

New Gold Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for New Gold
Historical stock prices
Current Share PriceCA$2.43
52 Week HighCA$2.67
52 Week LowCA$1.18
Beta1.61
1 Month Change5.65%
3 Month Change32.07%
1 Year Change38.07%
3 Year Change9.95%
5 Year Change115.04%
Change since IPO-69.78%

Recent News & Updates

Investors Still Aren't Entirely Convinced By New Gold Inc.'s (TSE:NGD) Revenues Despite 43% Price Jump

Mar 30
Investors Still Aren't Entirely Convinced By New Gold Inc.'s (TSE:NGD) Revenues Despite 43% Price Jump

Is New Gold (TSE:NGD) Using Too Much Debt?

Mar 12
Is New Gold (TSE:NGD) Using Too Much Debt?

Recent updates

Investors Still Aren't Entirely Convinced By New Gold Inc.'s (TSE:NGD) Revenues Despite 43% Price Jump

Mar 30
Investors Still Aren't Entirely Convinced By New Gold Inc.'s (TSE:NGD) Revenues Despite 43% Price Jump

Is New Gold (TSE:NGD) Using Too Much Debt?

Mar 12
Is New Gold (TSE:NGD) Using Too Much Debt?

Not Many Are Piling Into New Gold Inc. (TSE:NGD) Just Yet

Jan 19
Not Many Are Piling Into New Gold Inc. (TSE:NGD) Just Yet

Is New Gold (TSE:NGD) A Risky Investment?

Jul 12
Is New Gold (TSE:NGD) A Risky Investment?

Is New Gold (TSE:NGD) A Risky Investment?

Mar 02
Is New Gold (TSE:NGD) A Risky Investment?

New Gold (TSE:NGD) Seems To Be Using A Lot Of Debt

Aug 20
New Gold (TSE:NGD) Seems To Be Using A Lot Of Debt

These 4 Measures Indicate That New Gold (TSE:NGD) Is Using Debt Reasonably Well

Apr 25
These 4 Measures Indicate That New Gold (TSE:NGD) Is Using Debt Reasonably Well

New Gold's (TSE:NGD) Earnings Are Of Questionable Quality

Mar 02
New Gold's (TSE:NGD) Earnings Are Of Questionable Quality

Analysts Are More Bearish On New Gold Inc. (TSE:NGD) Than They Used To Be

Feb 28
Analysts Are More Bearish On New Gold Inc. (TSE:NGD) Than They Used To Be

Here's Why New Gold (TSE:NGD) Has A Meaningful Debt Burden

Nov 07
Here's Why New Gold (TSE:NGD) Has A Meaningful Debt Burden

Does New Gold (TSE:NGD) Have A Healthy Balance Sheet?

Aug 04
Does New Gold (TSE:NGD) Have A Healthy Balance Sheet?

New Gold Inc. (TSE:NGD) On The Verge Of Breaking Even

May 10
New Gold Inc. (TSE:NGD) On The Verge Of Breaking Even

Have Insiders Been Buying New Gold Inc. (TSE:NGD) Shares This Year?

Feb 01
Have Insiders Been Buying New Gold Inc. (TSE:NGD) Shares This Year?

Could The New Gold Inc. (TSE:NGD) Ownership Structure Tell Us Something Useful?

Jan 11
Could The New Gold Inc. (TSE:NGD) Ownership Structure Tell Us Something Useful?

Loss-Making New Gold Inc. (TSE:NGD) Expected To Breakeven In The Medium-Term

Dec 21
Loss-Making New Gold Inc. (TSE:NGD) Expected To Breakeven In The Medium-Term

New Gold (TSE:NGD) Shareholders Have Enjoyed An Impressive 105% Share Price Gain

Nov 30
New Gold (TSE:NGD) Shareholders Have Enjoyed An Impressive 105% Share Price Gain

Shareholder Returns

NGDCA Metals and MiningCA Market
7D1.7%0.7%-2.2%
1Y38.1%-7.3%3.9%

Return vs Industry: NGD exceeded the Canadian Metals and Mining industry which returned -5.8% over the past year.

Return vs Market: NGD exceeded the Canadian Market which returned 4.7% over the past year.

Price Volatility

Is NGD's price volatile compared to industry and market?
NGD volatility
NGD Average Weekly Movement8.6%
Metals and Mining Industry Average Movement11.5%
Market Average Movement9.2%
10% most volatile stocks in CA Market18.3%
10% least volatile stocks in CA Market3.2%

Stable Share Price: NGD's share price has been volatile over the past 3 months.

Volatility Over Time: NGD's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aPat Godinwww.newgold.com

New Gold Inc., an intermediate gold mining company, develops and operates of mineral properties in Canada. It primarily explores for gold, silver, and copper deposits. The company’s principal operating properties include 100% interest in the Rainy River mine located in Northwestern Ontario, Canada; and New Afton project situated in South-Central British Columbia.

New Gold Inc. Fundamentals Summary

How do New Gold's earnings and revenue compare to its market cap?
NGD fundamental statistics
Market capCA$1.72b
Earnings (TTM)-CA$88.91m
Revenue (TTM)CA$1.08b

1.5x

P/S Ratio

-18.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NGD income statement (TTM)
RevenueUS$786.50m
Cost of RevenueUS$450.40m
Gross ProfitUS$336.10m
Other ExpensesUS$400.60m
Earnings-US$64.50m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 30, 2024

Earnings per share (EPS)-0.094
Gross Margin42.73%
Net Profit Margin-8.20%
Debt/Equity Ratio50.2%

How did NGD perform over the long term?

See historical performance and comparison
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