New Gold Inc.

NYSEAM:NGD Stock Report

Market Cap: US$2.0b

New Gold Past Earnings Performance

Past criteria checks 2/6

New Gold has been growing earnings at an average annual rate of 45.6%, while the Metals and Mining industry saw earnings growing at 22.6% annually. Revenues have been growing at an average rate of 5.3% per year. New Gold's return on equity is 2%, and it has net margins of 2.3%.

Key information

45.6%

Earnings growth rate

49.6%

EPS growth rate

Metals and Mining Industry Growth26.4%
Revenue growth rate5.3%
Return on equity2.0%
Net Margin2.3%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How New Gold makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSEAM:NGD Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2486220550
30 Jun 24811-20430
31 Mar 24777-76390
31 Dec 23787-64400
30 Sep 23750-54380
30 Jun 23700-55370
31 Mar 23631-91360
31 Dec 22604-67400
30 Sep 22644101410
30 Jun 2267394400
31 Mar 22755116410
31 Dec 21746141350
30 Sep 21742-31350
30 Jun 21736-4350
31 Mar 21666-34290
31 Dec 20643-79290
30 Sep 20584-58250
30 Jun 20578-98240
31 Mar 20605-88250
31 Dec 19631-73250
30 Sep 19649-816280
30 Jun 19628-793260
31 Mar 19625-1,071260
31 Dec 18605-1,086270
30 Sep 18571-570220
30 Jun 18517-542280
31 Mar 18412-217320
31 Dec 17389-158350
30 Sep 1740645400
30 Jun 1742820370
31 Mar 17493-3350
31 Dec 16523-9350
30 Sep 165815670
30 Jun 16643-153690
31 Mar 16699-132700
31 Dec 15713-201680
30 Sep 15702-624580
30 Jun 15694-526610
31 Mar 15704-519640
31 Dec 14726-477700
30 Sep 14736-300570
30 Jun 14763-228700
31 Mar 14768-229870
31 Dec 13780-191930

Quality Earnings: NGD has a large one-off gain of $42.3M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: NGD became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: NGD has become profitable over the past 5 years, growing earnings by 45.6% per year.

Accelerating Growth: NGD has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: NGD has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-29.4%).

Return on Equity

High ROE: NGD's Return on Equity (2%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 09:09
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

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 .

Analyst Sources

New Gold Inc. is covered by 29 analysts. 5 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
Harmen PuriBofA Global Research