New Gold Inc [AMEX: NGD] gained 35155472% on the last trading session, reaching $25940000.0 price per share at the time.
New Gold Inc represents 791.37 million in outstanding shares, while the company has a total market value of $3.82 billion with the latest information. NGD stock price has been found in the range of $4.765 to $4.97.
If compared to the average trading volume of 25.94M shares, NGD reached a trading volume of 35155472 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about New Gold Inc [NGD]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NGD shares is $4.96 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NGD stock is a recommendation set at 1.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BofA Securities have made an estimate for New Gold Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 26, 2025. While these analysts kept the previous recommendation, BMO Capital Markets raised their target price to Outperform. The new note on the price target was released on May 31, 2024, representing the official price target for New Gold Inc stock.
The Price to Book ratio for the last quarter was 3.70, with the Price to Cash per share for the same quarter was set at 0.28. Price to Free Cash Flow for NGD in the course of the last twelve months was 31.40 with Quick ratio for the last quarter at 1.16.
Trading performance analysis for NGD stock
New Gold Inc [NGD] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.02. With this latest performance, NGD shares gained by 17.52% in over the last four-week period, additionally plugging by 78.89% over the last 6 months – not to mention a rise of 94.76% in the past year of trading.
New Gold Inc [NGD]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and New Gold Inc [NGD] shares currently have an operating margin of 19.06% and a Gross Margin at 24.41%. New Gold Inc’s Net Margin is presently recorded at 13.90%.
Return on Equity for this stock inclined to 5.91%, with Return on Assets sitting at 5.91%.
New Gold Inc [NGD]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NGD. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for New Gold Inc go to 59.27%.
An analysis of Institutional ownership at New Gold Inc [NGD]
The top three institutional holders of NGD stocks are: VAN ECK ASSOCIATES CORP with ownership of 70.34 million shares, which is approximately 9.5238%. CONDIRE MANAGEMENT, LP, holding 34.88 million shares of the stock with an approximate value of $$68.02 million in NGD stocks shares; and CONDIRE MANAGEMENT, LP, currently with $$39.22 million in NGD stock with ownership which is approximately 2.7229%.
