Our top pick for
New Gold Inc is a gold business based in the US. New Gold shares (NGD) are listed on the NYSE MKT and all prices are listed in US Dollars. New Gold employs 1,337 staff and has a trailing 12-month revenue of around USD$583.7 million.
|Latest market close||USD$2.14|
|52-week range||USD$0.39 - USD$2.28|
|50-day moving average||USD$1.9821|
|200-day moving average||USD$1.6203|
|Wall St. target price||USD$3.81|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$-1.629|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-07)||-6.14%|
|1 month (2020-12-17)||-9.70%|
|3 months (2020-10-16)||3.88%|
|6 months (2020-07-16)||63.36%|
|1 year (2020-01-16)||105.77%|
|2 years (2019-01-16)||103.81%|
|3 years (2018-01-16)||3.44|
|5 years (2016-01-15)||7.00%|
Valuing New Gold stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of New Gold's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
New Gold's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$197.7 million.
The EBITDA is a measure of a New Gold's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$583.7 million|
|Operating margin TTM||0.12%|
|Gross profit TTM||USD$258.7 million|
|Return on assets TTM||0.02%|
|Return on equity TTM||-6.42%|
|Market capitalisation||USD$1.2 billion|
TTM: trailing 12 months
There are currently 6.2 million New Gold shares held short by investors – that's known as New Gold's "short interest". This figure is 25% down from 8.2 million last month.
There are a few different ways that this level of interest in shorting New Gold shares can be evaluated.
New Gold's "short interest ratio" (SIR) is the quantity of New Gold shares currently shorted divided by the average quantity of New Gold shares traded daily (recently around 7.2 million). New Gold's SIR currently stands at 0.85. In other words for every 100,000 New Gold shares traded daily on the market, roughly 850 shares are currently held short.
However New Gold's short interest can also be evaluated against the total number of New Gold shares, or, against the total number of tradable New Gold shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case New Gold's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 New Gold shares in existence, roughly 10 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable New Gold shares, roughly 0 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against New Gold.
Find out more about how you can short New Gold stock.
We're not expecting New Gold to pay a dividend over the next 12 months.
Over the last 12 months, New Gold's shares have ranged in value from as little as $0.39 up to $2.28. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE MKT average) beta is 1, while New Gold's is 2.1751. This would suggest that New Gold's shares are significantly more volatile than the average for this exchange and represent a higher risk.
New Gold Inc., an intermediate gold mining company, engages in the development and operation of mineral properties. It explores for gold, silver, and copper deposits. The company's principal operating properties include 100% interests in the Rainy River gold-silver mine located in Ontario, Canada; and New Afton gold-copper mine located in British Columbia, Canada. It also holds 100% interests in the Blackwater gold-silver project located in British Columbia, Canada; and operates the Cerro San Pedro gold-silver mine in Mexico. New Gold Inc. is headquartered in Toronto, Canada.
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