A share price of New Gold Inc [NGD] is currently trading at $4.11, up 5.38%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The NGD shares have gain 5.93% over the last week, with a monthly amount glided 11.68%, 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.
New Gold Inc experienced fluctuations in its stock price throughout the past year between $1.86 and $4.21. 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 $4.11 at the most recent close of the market. An investor can expect a potential return of 2.68% based on the average NGD price forecast.
Analyzing the NGD fundamentals
Trailing Twelve Months sales for New Gold Inc [AMEX:NGD] were 931.20M which represents 8.69% growth. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.13 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.49.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
To put it in perspective, the Current Ratio for New Gold Inc [AMEX:NGD] is 1.68. Further, the Quick Ratio stands at 1.16, while the Cash Ratio is 1.01. Considering the valuation of this stock, the price to sales ratio is 3.49, the price to book ratio is 3.15 and price to earnings (TTM) ratio is 24.63.
