New Gold Inc [NGD] stock prices are up 1.10% to $3.68 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The NGD shares have gain 3.08% over the last week, with a monthly amount glided 10.51%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
New Gold Inc [AMEX: NGD] stock has seen the most recent analyst activity on March 26, 2025, when BofA Securities upgraded its rating to a Buy and also boosted its price target to $3.90 from $2.60. On May 21, 2024, upgrade upgraded it’s rating to Hold. Scotiabank upgraded its rating to a Sector Outperform. TD Securities downgraded its rating to Reduce for this stock on December 06, 2022. In a note dated October 03, 2022, RBC Capital Mkts upgraded an Outperform rating on this stock and boosted its target price from $1 to $1.25.
The stock price of New Gold Inc [NGD] has been fluctuating between $1.66 and $3.86 over the past year. Currently, Wall Street analysts expect the stock to reach $4.22 within the next 12 months. New Gold Inc [AMEX: NGD] shares were valued at $3.68 at the most recent close of the market. An investor can expect a potential return of 14.67% based on the average NGD price forecast.
Analyzing the NGD fundamentals
The New Gold Inc [AMEX:NGD] reported sales of 914.50M for trailing twelve months, representing a surge of 32.35%. Gross Profit Margin for this corporation currently stands at 0.25% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.11 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.38.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.57 points at the first support level, and at 3.46 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.82, and for the 2nd resistance point, it is at 3.95.
Ratios To Look Out For
It’s worth pointing out that New Gold Inc [AMEX:NGD]’s Current Ratio is 1.39. Also, the Quick Ratio is 0.79, while the Cash Ratio stands at 0.54. Considering the valuation of this stock, the price to sales ratio is 3.18, the price to book ratio is 2.77 and price to earnings (TTM) ratio is 29.51.
