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New Gold TSX:NGD Stock Report

Last Price

CA$4.59

Market Cap

CA$3.6b

7D

10.6%

1Y

99.6%

Updated

16 Mar, 2025

Data

Company Financials +

NGD Stock Overview

An intermediate gold mining company, engages in the development and operation of mineral properties in Canada. More details

NGD fundamental analysis
Snowflake Score
Valuation4/6
Future Growth6/6
Past Performance2/6
Financial Health5/6
Dividends0/6

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CA$5.17
FV
11.2% undervalued intrinsic discount
18.87%
Revenue growth p.a.
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New Gold Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for New Gold
Historical stock prices
Current Share PriceCA$4.59
52 Week HighCA$4.76
52 Week LowCA$2.12
Beta1.61
1 Month Change11.41%
3 Month Change18.91%
1 Year Change99.57%
3 Year Change101.32%
5 Year Change537.50%
Change since IPO-42.91%

Recent News & Updates

Recent updates

It's A Story Of Risk Vs Reward With New Gold Inc. (TSE:NGD)

Jan 29
It's A Story Of Risk Vs Reward With New Gold Inc. (TSE:NGD)

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

Nov 26
Is New Gold (TSE:NGD) A Risky Investment?

New Gold's (TSE:NGD) Shareholders Should Assess Earnings With Caution

Nov 05
New Gold's (TSE:NGD) Shareholders Should Assess Earnings With Caution

Potential Upside For New Gold Inc. (TSE:NGD) Not Without Risk

Jul 04
Potential Upside For New Gold Inc. (TSE:NGD) Not Without Risk

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

Shareholder Returns

NGDCA Metals and MiningCA Market
7D10.6%4.8%-0.8%
1Y99.6%34.4%9.9%

Return vs Industry: NGD exceeded the Canadian Metals and Mining industry which returned 34.4% over the past year.

Return vs Market: NGD exceeded the Canadian Market which returned 9.9% over the past year.

Price Volatility

Is NGD's price volatile compared to industry and market?
NGD volatility
NGD Average Weekly Movement6.8%
Metals and Mining Industry Average Movement10.6%
Market Average Movement8.6%
10% most volatile stocks in CA Market17.5%
10% least volatile stocks in CA Market3.3%

Stable Share Price: NGD has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: NGD's weekly volatility (7%) 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, engages in the development and operation 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$3.63b
Earnings (TTM)CA$147.37m
Revenue (TTM)CA$1.33b

24.6x

P/E Ratio

2.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NGD income statement (TTM)
RevenueUS$924.50m
Cost of RevenueUS$436.30m
Gross ProfitUS$488.20m
Other ExpensesUS$385.60m
EarningsUS$102.60m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.13
Gross Margin52.81%
Net Profit Margin11.10%
Debt/Equity Ratio37.7%

How did NGD perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/16 02:30
End of Day Share Price 2025/03/14 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

New Gold Inc. is covered by 33 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Farooq HamedBarclays
Brian QuastBMO Capital Markets Equity Research
Lawson WinderBofA Global Research