New Gold Inc. (NGD) Stock Forecast & Analysis

Real-time stock price, financial statements, consensus target price, insider trading, and technical analysis for New Gold Inc. (NGD:NYSE), powered by AI.

Current Price
$37.27
P/E Ratio
273.2
Market Cap
28.0B
Sector
Basic Materials
What is the New Gold Inc. stock price forecast?

New Gold Inc. is currently trading at $37.27. View real-time AI analysis on Alpha Lenz.

What is New Gold Inc. insider trading activity?

View the latest insider trading data for New Gold Inc. on Alpha Lenz.

What is New Gold Inc.'s P/E ratio?

New Gold Inc.'s P/E ratio is 273.2.

New Gold Inc.

NYSE · NGD
$37.27+3.57(+10.59%)Market closedNYSE regular session 09:30–16:00 ET
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New Gold Inc. trades at a P/E of 273.2 (premium valuation) with solid ROE of 11.1%.

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Company Overview

New Gold Inc. is a prominent Canadian-based intermediate gold mining company that engages in the exploration, development, and production of mineral properties worldwide. Its primary function is the extraction and processing of gold and silver, while also producing copper as a by-product. New Gold Inc. operates two major mining projects, the Rainy River Mine in Ontario, Canada, and the New Afton Mine in British Columbia, Canada, highlighting its strategic focus on North American resources. The company's operations are geared towards generating sustainable value by maintaining environmentally responsible mining practices and strong community relations. New Gold Inc. plays a significant role in providing essential resources required for industrial applications, electronic components, and investment products. Its contribution to the precious metals sector is pivotal, as gold remains a highly sought-after asset for diversification in both individual and institutional investment portfolios. Through innovation and strategic management, New Gold Inc. continues to enhance its position in the global mining industry, making it an influential player in the dynamics of commodity markets.

CEOMr. Patrick Godin Asc., B.Sc., Eng., M.Eng., P.Eng.
SectorBasic Materials
IndustryGold
0

Company Statistics

FY 2024

Profile

$28.03BMarket Cap
$924.50MRevenue
0.00Shares Out
0Employees

Margins

26.04%Gross
45.95%EBITDA
19.72%Operating
9.00%Pre-Tax
11.10%Net

Valuation

273.24P/E
26.64P/B
30.32EV/Sales
66.69EV/EBITDA
230.36P/FCF

Growth (CAGR)

7.44%Rev 3Yr
7.95%Rev 5Yr
11.05%Op Inc 3Yr
N/AOp Inc 5Yr
-9.97%Net Inc 3Yr
N/ANet Inc 5Yr

Returns

4.78%ROA
11.14%ROE
4.24%ROIC

Financial Health

$105.20MCash & Cash Equivalents
$846.30MNet Debt
90.42%Debt/Equity
N/AInterest Cov

Frequently Asked Questions

New Gold Inc. (ticker: NGD) is a company listed on NYSE in the Basic Materials sector (Gold). Market cap is $28.0B.

The current price is $37.27 with a P/E ratio of 273.24x and P/B of 26.64x.

ROE is 11.14% and operating margin is 19.72%. Annual revenue is $925M.

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New Gold Inc. (Basic Materials) Stock Forecast & Analysis $37.27 | Alpha Lenz