Currently, there are 791.37M common shares owned by the public and among those 760.31M shares have been available to trade.
The company’s stock has a 5-day price change of 8.85% and 39.33% over the past three months. NGD shares are trading 68.55% year to date (YTD), with the 12-month market performance up to 123.53% higher. It has a 12-month low price of $1.74 and touched a high of $4.21 over the same period. NGD has an average intraday trading volume of 22.53 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 12.32%, 22.66%, and 44.69% respectively.
Institutional ownership of New Gold Inc (AMEX: NGD) shares accounts for 54.06% of the company’s 791.37M shares outstanding.
It has a market capitalization of $3.31B and a beta (3y monthly) value of 0.42. The stock’s trailing 12-month PE ratio is 25.04, while the earnings-per-share (ttm) stands at $0.17. The company has a PEG of 0.52 and a Quick Ratio of 1.16 with the debt-to-equity ratio at 0.49. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.24% over the week and 5.59% over the month.
Earnings per share for the fiscal year are expected to increase by 100.62%, and 84.42% over the next financial year.
Looking at the support for the NGD, a number of firms have released research notes about the stock. BofA Securities stated their Buy rating for the stock in a research note on March 26, 2025, with the firm’s price target at $2.60-$3.90. Scotiabank on their part issued Sector Perform rating on March 03, 2023.
