Currently, there are 790.93M common shares owned by the public and among those 760.38M shares have been available to trade.
The company’s stock has a 5-day price change of -3.55% and 2.26% over the past three months. NGD shares are trading 9.68% year to date (YTD), with the 12-month market performance up to 140.71% higher. It has a 12-month low price of $1.12 and touched a high of $3.25 over the same period. NGD has an average intraday trading volume of 10.92 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 -7.18%, -2.07%, and 6.32% respectively.
Institutional ownership of New Gold Inc (AMEX: NGD) shares accounts for 54.50% of the company’s 790.93M shares outstanding.
It has a market capitalization of $2.15B and a beta (3y monthly) value of 1.36. The stock’s trailing 12-month PE ratio is 21.81, while the earnings-per-share (ttm) stands at $0.12. The company has a PEG of 0.45 and a Quick Ratio of 0.79 with the debt-to-equity ratio at 0.38. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.54% over the week and 4.82% over the month.
Analysts forecast that New Gold Inc (NGD) will achieve an EPS of -0.0 for the current quarter, 0.09 for the next quarter and 0.67 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.01 while analysts give the company a high EPS estimate of -0.01. Comparatively, EPS for the current quarter was 0.02 a year ago. Earnings per share for the fiscal year are expected to increase by 62.08%, and 104.83% over the next financial year.
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.
