New Gold Inc (AMEX: NGD) Loses -11.34% From High. Why That Could Change?

Currently, there are 687.01M common shares owned by the public and among those 646.84M shares have been available to trade.

The company’s stock has a 5-day price change of -2.27% and 39.84% over the past three months. NGD shares are trading 17.81% year to date (YTD), with the 12-month market performance up to 33.33% higher. It has a 12-month low price of $0.86 and touched a high of $1.94 over the same period. NGD has an average intraday trading volume of 6.92 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -0.75%, 13.41%, and 35.49% respectively.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Institutional ownership of New Gold Inc (AMEX: NGD) shares accounts for 47.59% of the company’s 687.01M shares outstanding.

It has a market capitalization of $1.18B and a beta (3y monthly) value of 1.51. The earnings-per-share (ttm) stands at -$0.09. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.58% over the week and 5.68% over the month.

Analysts forecast that New Gold Inc (NGD) will achieve an EPS of $General Dynamics Corporation for the current quarter, $291.31 for the next quarter and $Stocks for Type. The lowest estimate earnings-per-share for the quarter is $New Gold Inc. while analysts give the company a high EPS estimate of $NGL ENERGY PARTNERS LP. Comparatively, EPS for the current quarter was $National Grid Transco, PLC Nati a year ago. Earnings per share for the fiscal year are expected to increase by 26.22%, and 114.56% over the next financial year. EPS should shrink at an annualized rate of 5.00% over the next five years, compared to 46.46% over the past 5-year period.

Looking at the support for the NGD, a number of firms have released research notes about the stock. Scotiabank stated their Sector Perform rating for the stock in a research note on March 03, 2023, with the firm’s price target at $1.25. RBC Capital Mkts on their part issued Sector Perform rating on September 08, 2021.

Most Popular

Related Posts