At the time of writing, New Gold Inc [NGD] stock is trading at $4.41, up 3.52%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NGD shares have gain 6.78% over the last week, with a monthly amount drifted -11.62%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, BofA Securities upgraded its rating to Buy on March 26, 2025, and elevated its price target to $3.90. TD Securities upgraded its rating to a Hold. Scotiabank upgraded its rating to a Sector Outperform. In a note dated December 06, 2022, TD Securities downgraded an Reduce rating on this stock.
For the past year, the stock price of New Gold Inc fluctuated between $1.94 and $5.16. 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 $4.41 at the most recent close of the market. An investor can expect a potential drop of -4.31% based on the average NGD price forecast.
Analyzing the NGD fundamentals
According to New Gold Inc [AMEX:NGD], the company’s sales were 1.03B for trailing twelve months, which represents an 45.58% jump. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.27%, Pretax Profit Margin comes in at 0.15%, 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 0.14 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.6.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
It is important to note that New Gold Inc [AMEX:NGD] has a current ratio of 0.89. In addition, the Quick Ratio stands at 0.62 and the Cash Ratio stands at 0.51. Considering the valuation of this stock, the price to sales ratio is 3.40, the price to book ratio is 3.17 and price to earnings (TTM) ratio is 24.27.
