New Gold Inc. (NGD)

CA — Basic Materials Sector
Peers: AGI  CDE  EGO  EXK  GORO  IAG  NG  RGLD 

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Key Metrics & Ratings

  • symbol NGD
  • Rev/Share 1.1805
  • Book/Share 1.3061
  • PB 3.5986
  • Debt/Equity 0.4929
  • CurrentRatio 1.6848
  • ROIC 0.1121

 

  • MktCap 3719580000.0
  • FreeCF/Share 0.1776
  • PFCF 26.4725
  • PE 28.7264
  • Debt/Assets 0.2404
  • DivYield 0
  • ROE 0.1283

 

  • Rating B
  • Score 3
  • Recommendation Neutral
  • P/E Score 1
  • DCF Score 3
  • P/B Score 2
  • D/E Score 1

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Resumed NGD Raymond James -- Market Perform -- $4 June 30, 2025
Upgrade NGD BofA Securities Underperform Buy $2.6 $3.9 March 26, 2025

News

Wall Street Bulls Look Optimistic About New Gold (NGD): Should You Buy?
NGD
Published: July 10, 2025 by: Zacks Investment Research
Sentiment: Positive

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

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image for news Wall Street Bulls Look Optimistic About New Gold (NGD): Should You Buy?
Is New Gold (NGD) Outperforming Other Basic Materials Stocks This Year?
NGD
Published: July 07, 2025 by: Zacks Investment Research
Sentiment: Positive

Here is how New Gold (NGD) and HudBay Minerals (HBM) have performed compared to their sector so far this year.

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image for news Is New Gold (NGD) Outperforming Other Basic Materials Stocks This Year?
New Gold (NGD) Rises Higher Than Market: Key Facts
NGD
Published: July 03, 2025 by: Zacks Investment Research
Sentiment: Neutral

New Gold (NGD) closed at $4.99 in the latest trading session, marking a +1.84% move from the prior day.

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image for news New Gold (NGD) Rises Higher Than Market: Key Facts
New Gold Inc. (NGD) Hits Fresh High: Is There Still Room to Run?
NGD
Published: July 02, 2025 by: Zacks Investment Research
Sentiment: Positive

New Gold (NGD) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Read More
image for news New Gold Inc. (NGD) Hits Fresh High: Is There Still Room to Run?
New Gold: Generating Consistent Cash Flow At A Key Moment For Gold
NGD
Published: July 01, 2025 by: Seeking Alpha
Sentiment: Positive

New Gold expects 123% EPS growth in 2025, driven by operational leverage, rising margins, and disciplined cost management, positioning the company for strong profitability expansion. With $213MM in liquidity and four consecutive quarters of positive FCF, New Gold demonstrates solid financial health and capacity to fund growth without dilution. Trading at a discount with forward multiples of 11.77x P/E and 5.52x EV/EBITDA, it offers a compelling valuation relative to industry peers amid improving fundamentals.

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image for news New Gold: Generating Consistent Cash Flow At A Key Moment For Gold
Best Momentum Stocks to Buy for July 1st
AXAHY, FTDR, NGD
Published: July 01, 2025 by: Zacks Investment Research
Sentiment: Positive

NGD, AXAHY and FTDR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 1, 2025.

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image for news Best Momentum Stocks to Buy for July 1st
New Gold (NGD) Upgraded to Buy: Here's Why
NGD
Published: June 24, 2025 by: Zacks Investment Research
Sentiment: Positive

New Gold (NGD) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

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image for news New Gold (NGD) Upgraded to Buy: Here's Why
Wall Street Analysts Think New Gold (NGD) Is a Good Investment: Is It?
NGD
Published: June 24, 2025 by: Zacks Investment Research
Sentiment: Neutral

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Read More
image for news Wall Street Analysts Think New Gold (NGD) Is a Good Investment: Is It?
New Gold Inc. (NGD) Hit a 52 Week High, Can the Run Continue?
NGD
Published: June 09, 2025 by: Zacks Investment Research
Sentiment: Positive

New Gold (NGD) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Read More
image for news New Gold Inc. (NGD) Hit a 52 Week High, Can the Run Continue?
Has New Gold (NGD) Outpaced Other Basic Materials Stocks This Year?
NGD
Published: May 29, 2025 by: Zacks Investment Research
Sentiment: Positive

Here is how New Gold (NGD) and Centerra Gold Inc. (CGAU) have performed compared to their sector so far this year.

Read More
image for news Has New Gold (NGD) Outpaced Other Basic Materials Stocks This Year?
New Gold (NGD) is an Incredible Growth Stock: 3 Reasons Why
NGD
Published: May 28, 2025 by: Zacks Investment Research
Sentiment: Positive

New Gold (NGD) could produce exceptional returns because of its solid growth attributes.

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image for news New Gold (NGD) is an Incredible Growth Stock: 3 Reasons Why
Is It Worth Investing in New Gold (NGD) Based on Wall Street's Bullish Views?
NGD
Published: May 28, 2025 by: Zacks Investment Research
Sentiment: Positive

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Read More
image for news Is It Worth Investing in New Gold (NGD) Based on Wall Street's Bullish Views?
New Gold: High Gold Prices, And High Potential
NGD
Published: May 27, 2025 by: Seeking Alpha
Sentiment: Positive

New Gold is well-positioned for a strong second half of 2025, driven by higher-grade ore at Rainy River and C-Zone ramp-up at New Afton. The acquisition of the remaining 19.99% free cash flow stake in New Afton and ongoing exploration enhance future cash flow and mine life. Despite a weaker Q1, higher gold prices, improved production outlook, and Tier 1 Canadian assets support a fair valuation and justify a buy rating.

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image for news New Gold: High Gold Prices, And High Potential
New Gold Inc. (NGD) Hits Fresh High: Is There Still Room to Run?
NGD
Published: May 22, 2025 by: Zacks Investment Research
Sentiment: Positive

New Gold (NGD) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Read More
image for news New Gold Inc. (NGD) Hits Fresh High: Is There Still Room to Run?
Gold Jumps 26% YTD: Add These 5 Mining Stocks to Your Portfolio
AEM, KGC, NEM, NGD
Published: May 21, 2025 by: Zacks Investment Research
Sentiment: Neutral

Gold prices will be supported by geopolitical tensions and continued central bank purchases. Consider adding NEM, AEM, B, KGC and NGD stocks to your portfolio.

Read More
image for news Gold Jumps 26% YTD: Add These 5 Mining Stocks to Your Portfolio
Are Investors Undervaluing New Gold (NGD) Right Now?
NGD
Published: May 19, 2025 by: Zacks Investment Research
Sentiment: Positive

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

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image for news Are Investors Undervaluing New Gold (NGD) Right Now?
3 Reasons Growth Investors Will Love New Gold (NGD)
NGD
Published: May 12, 2025 by: Zacks Investment Research
Sentiment: Positive

New Gold (NGD) is well positioned to outperform the market, as it exhibits above-average growth in financials.

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image for news 3 Reasons Growth Investors Will Love New Gold (NGD)
Is New Gold (NGD) a Buy as Wall Street Analysts Look Optimistic?
NGD
Published: May 12, 2025 by: Zacks Investment Research
Sentiment: Neutral

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Read More
image for news Is New Gold (NGD) a Buy as Wall Street Analysts Look Optimistic?
Are You Looking for a Top Momentum Pick? Why New Gold (NGD) is a Great Choice
NGD
Published: May 08, 2025 by: Zacks Investment Research
Sentiment: Positive

Does New Gold (NGD) have what it takes to be a top stock pick for momentum investors? Let's find out.

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image for news Are You Looking for a Top Momentum Pick? Why New Gold (NGD) is a Great Choice
NEW GOLD ANNOUNCES RESULTS OF VOTE FOR ELECTION OF BOARD OF DIRECTORS
NGD
Published: May 07, 2025 by: PRNewsWire
Sentiment: Neutral

TORONTO , May 7, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) today announces the voting results from the election of its Board of Directors at New Gold's Annual and Special Meeting of Shareholders (the "Meeting") held on May 6, 2025, as set out below. Election of Directors Director Nominee Votes For % For Votes Withheld % Withheld Patrick Godin 428,081,129 99.70 % 1,303,979 0.30 % Sophie Bergeron 427,630,255 99.59 % 1,754,853 0.41 % Ross Bhappu 427,911,430 99.66 % 1,473,678 0.34 % Nicholas Chirekos 394,885,856 91.97 % 34,499,252 8.03 % Gillian Davidson …

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image for news NEW GOLD ANNOUNCES RESULTS OF VOTE FOR ELECTION OF BOARD OF DIRECTORS
New Gold: A Much Stronger H2 On Deck
NGD
Published: May 05, 2025 by: Seeking Alpha
Sentiment: Positive

New Gold had a solid Q1-25 performance despite being the weakest quarter of the year, reporting positive free cash flow and better-than-expected operational results at New Afton. Importantly, C-Zone remains on track to ramp up by early 2026, allowing for exponential growth in free cash flow generation, with Rainy River moving into higher grades with stripping complete. In this update, we'll dig into the Q1 results, recent developments, and whether NGD is offering an adequate margin of safety at current levels.

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image for news New Gold: A Much Stronger H2 On Deck
New Gold Inc. (NGD) Hit a 52 Week High, Can the Run Continue?
NGD
Published: May 01, 2025 by: Zacks Investment Research
Sentiment: Positive

New Gold (NGD) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Read More
image for news New Gold Inc. (NGD) Hit a 52 Week High, Can the Run Continue?
New Gold Inc. (NGD) Q1 2025 Earnings Call Transcript
NGD
Published: April 30, 2025 by: Seeking Alpha
Sentiment: Neutral

New Gold Inc. (NYSE:NGD ) Q1 2025 Earnings Conference Call April 30, 2025 8:30 AM ET Company Participants Ankit Shah – Executive Vice President-Strategy and Business Development Keith Murphy – Executive Vice President and Chief Financial Officer Patrick Godin – President and Chief Executive Officer Luke Buchanan – Vice President-Technical Services Conference Call Participants Michael Siperco – RBC Capital Markets Lawson Winder – Bank of America Eric Winmill – Scotiabank Jeremy Hoy – Canaccord Genuity Mohamed Sidibé – National Bank Financial Operator Good morning. My name is Jester, and I will be your conference operator today.

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image for news New Gold Inc. (NGD) Q1 2025 Earnings Call Transcript
Here is Why Growth Investors Should Buy New Gold (NGD) Now
NGD
Published: April 25, 2025 by: Zacks Investment Research
Sentiment: Positive

New Gold (NGD) possesses solid growth attributes, which could help it handily outperform the market.

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image for news Here is Why Growth Investors Should Buy New Gold (NGD) Now
New Gold Gears Up to Report Q1 Earnings: What to Expect?
NGD
Published: April 24, 2025 by: Zacks Investment Research
Sentiment: Neutral

NGD is likely to deliver a year-over-year decline in first-quarter 2025 earnings due to lower production levels for both gold and copper, somewhat negated by higher prices.

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image for news New Gold Gears Up to Report Q1 Earnings: What to Expect?
New Gold: A Copper-Heavy Future In A Golden World
NGD
Published: April 11, 2025 by: Seeking Alpha
Sentiment: Positive

I Initiate coverage of New Gold Inc. (NGD) with a Strong Buy rating due to the stock's recent pull-back and promising medium-term production outlook. Rainy River and New Afton mines in Canada show strong production potential, with significant gold, silver, and copper output expected in the next three years. I expect at least 15% upside with a $3.90 price target, but maintain a small position due to higher risks associated with mid-tier gold producers.

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image for news New Gold: A Copper-Heavy Future In A Golden World
New Gold Inks Deal to Acquire Remaining Stake in New Afton Mine
NGD
Published: April 08, 2025 by: Zacks Investment Research
Sentiment: Positive

NGD signs a deal with Ontario Teachers' Pension Plan to acquire 19.9% free cash flow interest in the New Afton Mine.

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image for news New Gold Inks Deal to Acquire Remaining Stake in New Afton Mine
NEW GOLD PROVIDES NOTICE OF RELEASE OF FIRST QUARTER 2025 RESULTS AND CONFERENCE CALL
NGD
Published: April 03, 2025 by: PRNewsWire
Sentiment: Neutral

TORONTO , April 3, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is providing notice that it will release its first quarter 2025 operational and financial results after market close on Tuesday, April 29, 2025. The Company will host its first quarter 2025 earnings conference call and webcast on Wednesday, April 30, 2025 at 8:30 am Eastern Time.

Read More
image for news NEW GOLD PROVIDES NOTICE OF RELEASE OF FIRST QUARTER 2025 RESULTS AND CONFERENCE CALL
Will New Gold (NGD) Beat Estimates Again in Its Next Earnings Report?
NGD
Published: April 02, 2025 by: Zacks Investment Research
Sentiment: Positive

New Gold (NGD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

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image for news Will New Gold (NGD) Beat Estimates Again in Its Next Earnings Report?
Why Investors Need to Take Advantage of These 2 Basic Materials Stocks Now
IP, NGD
Published: March 31, 2025 by: Zacks Investment Research
Sentiment: Positive

Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.

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image for news Why Investors Need to Take Advantage of These 2 Basic Materials Stocks Now

About New Gold Inc. (NGD)

  • IPO Date 2004-11-18
  • Website https://www.newgold.com
  • Industry Gold
  • CEO Patrick Godin Asc.,
  • Employees 1337

New Gold Inc., an intermediate gold mining company, engages in the exploration, development, and operation of mineral properties. It primarily explores for gold, silver, and copper deposits. The company's principal operating properties include 100% interests in the Rainy River mine located in Ontario, Canada; and New Afton mine situated in British Columbia, Canada. It also operates the Cerro San Pedro mine in San Luis Potosí, Mexico. The company was incorporated in 1980 and is headquartered in Toronto, Canada.