New Gold Inc. (NGD)

CA — Basic Materials Sector
Peers: BTG  EGO  OR  HL  IAG  SSRM  BVN  TFPM  LPX  HBM 

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Key Metrics & Ratings

  • symbol NGD
  • Rev/Share 1.5568
  • Book/Share 1.5642
  • PB 5.4564
  • Debt/Equity 0.3206
  • CurrentRatio 0.8794
  • ROIC 0.18

 

  • MktCap 6757283326.0
  • FreeCF/Share 0.0688
  • PFCF 124.1288
  • PE 27.2716
  • Debt/Assets 0.1678
  • DivYield 0
  • ROE 0.2238

 

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

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

3 Reasons Growth Investors Will Love New Gold (NGD)
NGD
Published: December 11, 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) Outperforming Other Basic Materials Stocks This Year?
NGD
Published: December 11, 2025 by: Zacks Investment Research
Sentiment: Positive

Here is how New Gold (NGD) and Rio Tinto (RIO) have performed compared to their sector so far this year.

Read More
image for news Is New Gold (NGD) Outperforming Other Basic Materials Stocks This Year?
Wall Street Analysts Look Bullish on New Gold (NGD): Should You Buy?
NGD
Published: December 11, 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?

Read More
image for news Wall Street Analysts Look Bullish on New Gold (NGD): Should You Buy?
New Gold (NGD) Is Up 23.70% in One Week: What You Should Know
NGD
Published: December 04, 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 New Gold (NGD) Is Up 23.70% in One Week: What You Should Know
New Gold Inc. (NGD) Hits Fresh High: Is There Still Room to Run?
NGD
Published: November 27, 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?
Here is Why Growth Investors Should Buy New Gold (NGD) Now
NGD
Published: November 25, 2025 by: Zacks Investment Research
Sentiment: Positive

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

Read More
image for news Here is Why Growth Investors Should Buy New Gold (NGD) Now
Are Basic Materials Stocks Lagging New Gold (NGD) This Year?
NGD
Published: November 25, 2025 by: Zacks Investment Research
Sentiment: Negative

Here is how New Gold (NGD) and Wheaton Precious Metals Corp. (WPM) have performed compared to their sector so far this year.

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image for news Are Basic Materials Stocks Lagging New Gold (NGD) This Year?
Is It Worth Investing in New Gold (NGD) Based on Wall Street's Bullish Views?
NGD
Published: November 25, 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?
Coeur Mining to acquire New Gold in $7B all-stock deal
CDE, NGD
Published: November 03, 2025 by: Proactive Investors
Sentiment: Positive

Coeur Mining Inc (TSX:CDM) and New Gold Inc. (TSX:NGD) have announced a definitive agreement under which Coeur will acquire all outstanding shares of New Gold in an all-stock transaction valued at approximately $7 billion. The deal positions the new entity among the top 10 global precious metals producers and top five silver producers, with enhanced market liquidity and potential inclusion in major US indexes, Coeur said in a statement.

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image for news Coeur Mining to acquire New Gold in $7B all-stock deal
3 Reasons Why Growth Investors Shouldn't Overlook New Gold (NGD)
NGD
Published: October 29, 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 3 Reasons Why Growth Investors Shouldn't Overlook New Gold (NGD)
New Gold to Report Q3 Results: What's in the Cards for the Stock?
NGD
Published: October 24, 2025 by: Zacks Investment Research
Sentiment: Positive

NGD's Q3 earnings could shine on surging gold and copper prices, stronger output and lower costs as it readies results on Oct. 28.

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image for news New Gold to Report Q3 Results: What's in the Cards for the Stock?
New Gold Rises 120% in a Year: What's Aiding the Stock's Performance?
NGD
Published: September 25, 2025 by: Zacks Investment Research
Sentiment: Positive

NGD stock surges 120% in a year, fueled by exploration success, strong Q2 results and record gold prices.

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image for news New Gold Rises 120% in a Year: What's Aiding the Stock's Performance?
Gold Rush: Top 5 Gold Mining Stocks
GFI, NGD, SSRM
Published: September 12, 2025 by: Seeking Alpha
Sentiment: Positive

Gold set new records with expectations high the Fed will cut rates on Sept. 17, further fueled by a weak dollar, inflation, and uncertainty from trade disputes. The yellow metal might have more room to run, according to Goldman Sachs analysts, who project gold could rise to $5,000/oz depending on Federal Reserve policy decisions. Booming gold stocks are outperforming bullion as profits rise and margins widen. During Q2, average gold prices rose 15% sequentially to $3,280/oz, while production costs edged up slightly.

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image for news Gold Rush: Top 5 Gold Mining Stocks
5 Gold Mining Stocks in Focus as Industry Prospects Shine
EGO, FNV, KGC, NEM, NGD
Published: September 12, 2025 by: Zacks Investment Research
Sentiment: Positive

With rising gold prices and solid demand boding well for the Zacks Mining - Gold industry, investors may watch stocks like NEM, FNV, KGC, EGO and NGD.

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image for news 5 Gold Mining Stocks in Focus as Industry Prospects Shine
New Gold: Still A Buy Despite The Recent Surge
NGD
Published: September 05, 2025 by: Seeking Alpha
Sentiment: Positive

New Gold's recent surge is driven by macro catalysts like rate cut expectations and gold's safe haven appeal, not company-specific developments. Operational execution remains strong, with production and costs in line with guidance and developments at both New Afton and Rainy River. Significant free cash flow is expected in 2025 and especially 2026-2027, but reliance on two mines and management's capital allocation decisions introduces risk.

Read More
image for news New Gold: Still A Buy Despite The Recent Surge
Is New Gold (NGD) a Solid Growth Stock? 3 Reasons to Think "Yes"
NGD
Published: August 28, 2025 by: Zacks Investment Research
Sentiment: Positive

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

Read More
image for news Is New Gold (NGD) a Solid Growth Stock? 3 Reasons to Think "Yes"
Is New Gold (NGD) Stock Outpacing Its Basic Materials Peers This Year?
NGD
Published: August 28, 2025 by: Zacks Investment Research
Sentiment: Positive

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

Read More
image for news Is New Gold (NGD) Stock Outpacing Its Basic Materials Peers This Year?
New Gold Inc. (NGD) Hit a 52 Week High, Can the Run Continue?
NGD
Published: August 28, 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?
Brokers Suggest Investing in New Gold (NGD): Read This Before Placing a Bet
NGD
Published: August 25, 2025 by: Zacks Investment Research
Sentiment: Neutral

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 Brokers Suggest Investing in New Gold (NGD): Read This Before Placing a Bet
New Gold Stock Hits 52-Week High: What's Aiding Its Performance?
NGD
Published: August 21, 2025 by: Zacks Investment Research
Sentiment: Positive

NGD hits a 52-week high as strong Q2 results, rising gold prices and solid exploration progress boost investor confidence.

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image for news New Gold Stock Hits 52-Week High: What's Aiding Its Performance?
NEW GOLD ANNOUNCES DIRECTOR DEPARTURE
NGD
Published: August 18, 2025 by: PRNewsWire
Sentiment: Neutral

TORONTO , Aug. 18, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) announces the resignation of Christian Milau from the Board of Directors (the "Board"), effective immediately, to pursue other opportunities. "On behalf of the Board and the team at New Gold, I would like to thank Christian for his contributions over the past year," said Richard O'Brien, Chair of the Board.

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image for news NEW GOLD ANNOUNCES DIRECTOR DEPARTURE
New Gold Inc. (NGD) Q2 2025 Earnings Call Transcript
NGD
Published: July 28, 2025 by: Seeking Alpha
Sentiment: Neutral

New Gold Inc. (NYSE:NGD ) Q2 2025 Earnings Conference Call July 28, 2025 8:30 AM ET Company Participants Ankit Shah - Executive VP & Chief Strategy Officer Keith Murphy - Executive VP & CFO Patrick Godin - CEO, President & Director Travis Murphy - Corporate Participant Conference Call Participants Anita Soni - CIBC Capital Markets, Research Division Lawson Winder - BofA Securities, Research Division Michael Siperco - RBC Capital Markets, Research Division Operator Good morning. My name is Jean-Louis, and I will be your conference operator today.

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image for news New Gold Inc. (NGD) Q2 2025 Earnings Call Transcript
New Gold to Report Q2 Earnings: Buy, Sell or Hold the Stock?
NGD
Published: July 24, 2025 by: Zacks Investment Research
Sentiment: Positive

NGD eyes Q2 earnings surge with gold output set to rise 4-26% and prices up 41% from last year's quarter.

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image for news New Gold to Report Q2 Earnings: Buy, Sell or Hold the Stock?
New Gold: Potentially Perfect Timing Makes It A Buy
NGD
Published: July 23, 2025 by: Seeking Alpha
Sentiment: Positive

New Gold is at a financial inflection point, with ramp-ups, cost cuts, and high gold prices driving strong free cash flow and margin expansion through 2027. The company's recent acquisition of the remaining New Afton interest boosts cash flow, but timing raises questions given current high gold prices and mine life limits. Risks include mine life peaking after 2027 and heavy reliance on sustained high gold prices, but management's execution and new discoveries could offset declines.

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image for news New Gold: Potentially Perfect Timing Makes It A Buy
Down 10.0% in 4 Weeks, Here's Why New Gold (NGD) Looks Ripe for a Turnaround
NGD
Published: July 18, 2025 by: Zacks Investment Research
Sentiment: Positive

New Gold (NGD) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Read More
image for news Down 10.0% in 4 Weeks, Here's Why New Gold (NGD) Looks Ripe for a Turnaround
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?

Read More
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.

Read More
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

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.