Currently, there are 790.90M common shares owned by the public and among those 759.22M shares have been available to trade.
The company’s stock has a 5-day price change of -0.66% and 9.49% over the past three months. NGD shares are trading 20.97% year to date (YTD), with the 12-month market performance up to 130.77% higher. It has a 12-month low price of $1.09 and touched a high of $3.25 over the same period. NGD has an average intraday trading volume of 9.65 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 4.64%, 8.76%, and 20.78% respectively.
Institutional ownership of New Gold Inc (AMEX: NGD) shares accounts for 54.06% of the company’s 790.90M shares outstanding.
It has a market capitalization of $2.37B and a beta (3y monthly) value of 1.34. The stock’s trailing 12-month PE ratio is 192.31, while the earnings-per-share (ttm) stands at $0.02. The company has a PEG of 1.93 and a Quick Ratio of 0.84 with the debt-to-equity ratio at 0.45. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.73% over the week and 4.39% over the month.
Earnings per share for the fiscal year are expected to increase by 170.87%, and 84.77% over the next financial year. EPS should grow at an annualized rate of 99.81% over the next five years, compared to 46.46% over the past 5-year period.
Scotiabank was of a view on May 21, 2024 that the stock is Sector Outperform, while Scotiabank gave the stock Sector Perform rating on March 03, 2023, issuing a price target of $1.25. TD Securities on their part issued Reduce rating on December 06, 2022.
