New Gold Inc [AMEX: NGD] gained 7.41% or 0.5 points to close at $7.25 with a heavy trading volume of 13244268 shares.
It opened the trading session at $6.8, the shares rose to $7.275 and dropped to $6.77, the range by which the price of stock traded the whole day. The daily chart for NGD points out that the company has recorded 68.60% gains over the past six months.
If we look at the average trading volume of 20.28M shares, NGD reached to a volume of 13244268 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 $8.53 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 2.14. 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.
Raymond James have made an estimate for New Gold Inc shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on June 30, 2025. While these analysts kept the previous recommendation, BofA Securities raised their target price from $2.60 to $3.90. The new note on the price target was released on March 26, 2025, representing the official price target for New Gold Inc stock.
The Price to Book ratio for the last quarter was 4.63, with the Price to Cash per share for the same quarter was set at 0.16. Price to Free Cash Flow for NGD in the course of the last twelve months was 150.02 with Quick ratio for the last quarter at 0.48.
Trading performance analysis for NGD stock
New Gold Inc [NGD] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.28. With this latest performance, NGD shares gained by 11.71% in over the last four-week period, additionally plugging by 68.60% over the last 6 months – not to mention a rise of 192.34% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NGD stock in for the last two-week period is set at 54.95, with the RSI for the last a single of trading hit 0.42, and the three-weeks RSI is set at 0.39 for New Gold Inc [NGD]. The present Moving Average for the last 50 days of trading for this stock 6.96, while it was recorded at 6.95 for the last single week of trading, and 4.91 for the last 200 days.
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 35.34% and a Gross Margin at 39.40%. New Gold Inc’s Net Margin is presently recorded at 20.19%.
New Gold Inc (NGD) Capital Structure & Debt Analysis
According to recent financial data for New Gold Inc. ( NGD), the Return on Equity (ROE) stands at 22.29%, reflecting robust shareholder value creation. The Return on Assets (ROA) is 11.46%, reflecting the company’s efficiency in generating profits from its assets. Additionally, New Gold Inc’s Return on Invested Capital (ROIC) is 15.24%, showcasing its effectiveness in deploying capital for earnings.
New Gold Inc (NGD) Efficiency & Liquidity Metrics
Based on New Gold Inc’s (NGD) latest financial statements, the Debt-to-Equity Ratio is 0.32%, indicating its reliance on debt financing relative to shareholder equity.
New Gold Inc (NGD) Efficiency & Liquidity Metrics
From an operational efficiency perspective, New Gold Inc. (NGD) effectively leverages its workforce, generating an average of $155133.79 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.88% and a Quick Ratio of 0.48%, indicating strong ability to cover short-term liabilities.
New Gold Inc [NGD]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, New Gold Inc posted 0.07/share EPS, while the average EPS was predicted by analysts to be reported at 0.06/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.01. 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 74.49%.
An analysis of Institutional ownership at New Gold Inc [NGD]
There are presently around $68.18%, or 70.84%% of NGD stock, in the hands of institutional investors. 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%.
