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 1.308
  • Book/Share 1.3944
  • PB 3.9014
  • Debt/Equity 0.598
  • CurrentRatio 0.8887
  • ROIC 0.119

 

  • MktCap 4306848000.0
  • FreeCF/Share -0.1089
  • PFCF -49.9536
  • PE 29.4865
  • Debt/Assets 0.2676
  • DivYield 0
  • ROE 0.1396

 

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

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.

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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
New Gold Stock: Production And Margin Increases Continue
NGD
Published: March 24, 2025 by: Seeking Alpha
Sentiment: Positive

New Gold reported its highest production in 2024, with 80,400 ounces of gold and 14.5 million pounds of copper in Q4, driven by higher feed grades. Production is expected to increase in 2025 and beyond, driving New Gold's growth. Increased margins and cash flow growth, coupled with a positive outlook for copper and gold prices, provide a strong tailwind for NGD.

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image for news New Gold Stock: Production And Margin Increases Continue
Gold Prices Trend Above $3,000 an Ounce: Watch These 4 Stocks
AEM, AGI, KGC, NGD
Published: March 21, 2025 by: Zacks Investment Research
Sentiment: Negative

Gold prices reach unprecedented highs, and are expected to be supported by geopolitical tensions and central bank buying. Keep a close eye on stocks like AEM, AGI, KGC and NGD.

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image for news Gold Prices Trend Above $3,000 an Ounce: Watch These 4 Stocks
New Gold: A Solid Buy-The-Dip Candidate
NGD
Published: March 10, 2025 by: Seeking Alpha
Sentiment: Positive

New Gold missed its 2024 production guidance in 2024, but managed to easily beat its cost guidance midpoint and remains on schedule at C-Zone and Main Zone UG. These two growth projects are expected to result in significant production growth at higher margins over the next few years, translating to surging free cash flow for this small-cap miner. In this update, we'll dig into the Q4 & FY2024 results, recent developments and whether the stock is offering an adequate margin of safety at current levels.

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image for news New Gold: A Solid Buy-The-Dip Candidate
New Gold Announces Pricing of $400 million Senior Notes Offering to Fund Tender Offer for Outstanding 7.50% Senior Notes
NGD
Published: March 04, 2025 by: PRNewsWire
Sentiment: Neutral

(All amounts are in U.S. dollars unless otherwise indicated) TORONTO , March 4, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) today announced the pricing of its previously announced offering of $400 million aggregate principal amount of 6.875% Senior Notes due 2032 (the "Notes"). The offering is expected to close on or about March 18, 2025, subject to customary closing conditions.

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image for news New Gold Announces Pricing of $400 million Senior Notes Offering to Fund Tender Offer for Outstanding 7.50% Senior Notes
New Gold Inc. (NGD) Q4 2024 Earnings Call Transcript
NGD
Published: February 20, 2025 by: Seeking Alpha
Sentiment: Neutral

New Gold Inc. (NYSE:NGD ) Q4 2024 Earnings Conference Call February 20, 2025 8:30 AM ET Company Participants Ankit Shah - Executive Vice President, Strategy & Business Development Keith Murphy - Chief Financial Officer Patrick Godin - President & Chief Executive Officer Conference Call Participants Eric Winmill - Scotiabank Operator Good morning. My name is Vincent and I'll be your conference operator today.

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image for news New Gold Inc. (NGD) Q4 2024 Earnings Call Transcript
NEW GOLD REPORTS FOURTH QUARTER AND FULL YEAR 2024 RESULTS
NGD
Published: February 19, 2025 by: PRNewsWire
Sentiment: Neutral

Strong Cost Discipline Leads to All-In Sustaining Costs Beating the Low End of Guidance and Delivering Another Strong Quarter of Free Cash Flow (All amounts are in U.S. dollars unless otherwise indicated) TORONTO , Feb. 19, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) reports fourth quarter and full year 2024 results. Full year 2024 production totaled 298,303 gold ounces at all-in sustaining costs4 of $1,239 per gold ounce.

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image for news NEW GOLD REPORTS FOURTH QUARTER AND FULL YEAR 2024 RESULTS
Will New Gold (NGD) Beat Estimates Again in Its Next Earnings Report?
NGD
Published: February 14, 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.

Read More
image for news Will New Gold (NGD) Beat Estimates Again in Its Next Earnings Report?
NEW GOLD ANNOUNCES MINE LIFE EXTENSION AT BOTH NEW AFTON AND RAINY RIVER; OUTLINES STRONG FREE CASH FLOW PROFILE OVER NEXT THREE YEARS
NGD
Published: February 12, 2025 by: PRNewsWire
Sentiment: Neutral

Provides Three-Year Operational Outlook and Files Updated Technical Reports for New Afton and Rainy River Mines (All amounts are in U.S. dollars unless otherwise indicated) TORONTO , Feb. 12, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is pleased to provide its three-year operational outlook and announces the filing of Technical Reports for the New Afton and Rainy River mines. The Technical Reports were prepared in compliance with National Instrument 43-101 ("NI 43-101").

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image for news NEW GOLD ANNOUNCES MINE LIFE EXTENSION AT BOTH NEW AFTON AND RAINY RIVER; OUTLINES STRONG FREE CASH FLOW PROFILE OVER NEXT THREE YEARS
New Gold (NGD) Upgraded to Buy: Here's What You Should Know
NGD
Published: February 12, 2025 by: Zacks Investment Research
Sentiment: Positive

New Gold (NGD) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

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image for news New Gold (NGD) Upgraded to Buy: Here's What You Should Know

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.