New Gold (NGD N) Stock Overview

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

NGD N fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	5/6
Past Performance	6/6
Financial Health	4/6
Dividends	0/6

Rewards

Trading at 67.9% below our estimate of its fair value

Earnings are forecast to grow 33.44% per year

Earnings grew by 1140.3% over the past year

Risk Analysis

Shares are highly illiquid

NGD N Community Fair Values

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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 Price	CA$128.25
52 Week High	CA$0
52 Week Low	CA$0
Beta	1.55
1 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-4.50%

Recent updates

Shareholder Returns

	NGD N	MX Metals and Mining	MX Market
7D	0%	-1.4%	0.7%
1Y	n/a	58.4%	16.6%

Return vs Industry: Insufficient data to determine how NGD N performed against the MX Metals and Mining industry.

Return vs Market: Insufficient data to determine how NGD N performed against the MX Market.

Price Volatility

Is NGD N's price volatile compared to industry and market?
NGD N volatility
NGD N Average Weekly Movement	n/a
Metals and Mining Industry Average Movement	6.3%
Market Average Movement	3.6%
10% most volatile stocks in MX Market	6.4%
10% least volatile stocks in MX Market	2.2%

Stable Share Price: NGD N's share price has been volatile over the past 3 months compared to the MX market.

Volatility Over Time: Insufficient data to determine NGD N's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Pat Godin	www.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 N fundamental statistics
Market cap	Mex$102.58b
Earnings (TTM)	Mex$4.60b
Revenue (TTM)	Mex$22.93b

22.3x

P/E Ratio

4.5x

P/S Ratio

Is NGD N overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NGD N income statement (TTM)
Revenue	US$1.24b
Cost of Revenue	US$458.00m
Gross Profit	US$784.20m
Other Expenses	US$534.90m
Earnings	US$249.30m

Last Reported Earnings

Sep 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)	0.31
Gross Margin	63.13%
Net Profit Margin	20.07%
Debt/Equity Ratio	31.8%

How did NGD N perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/11/08 00:09
End of Day Share Price	2025/10/29 00:00
Earnings	2025/09/30
Annual Earnings	2024/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 31 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Farooq Hamed	Barclays
Brian Quast	BMO Capital Markets Equity Research
Lawson Winder	BofA Global Research

New Gold Inc.BMV:NGD N Stock Report