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How to buy New Gold stock | $2.13

Learn how to easily invest in New Gold stock.

New Gold Inc
NYSE MKT: NGD - USD
GOLD
$1.63
-$0.01 (-0.61%)

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.

How to buy shares in New Gold

  1. Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – NGD – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

New Gold stock price (NYSE MKT: NGD)

Use our graph to track the performance of NGD stocks over time.

New Gold shares at a glance

Information last updated 2021-07-30.
Latest market close$2.13
52-week range$1.40 - $2.40
50-day moving average $1.79
200-day moving average $1.81
Wall St. target price$3.81
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) $-0.05

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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.

Is it a good time to buy New Gold stock?

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.

New Gold price performance over time

Historical closes compared with the close of $2.13 from 2021-05-28

1 week (2021-07-23) N/A
1 month (2021-07-02) 18.99%
3 months (2021-05-03) 23.12%
6 months (2021-01-30) N/A
1 year (2020-07-30) N/A
2 years (2019-07-30) N/A
3 years (2018-07-30) N/A
5 years (2016-07-30) N/A

Is New Gold under- or over-valued?

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

New Gold's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $278.2 million.

The EBITDA is a measure of a New Gold's overall financial performance and is widely used to measure a its profitability.

New Gold financials

Revenue TTM $666 million
Operating margin TTM 15.48%
Gross profit TTM $303.5 million
Return on assets TTM 2.75%
Return on equity TTM -4.03%
Profit margin -5.39%
Book value $1.24
Market capitalisation $1.1 billion

TTM: trailing 12 months

Shorting New Gold shares

There are currently 8.4 million New Gold shares held short by investors – that's known as New Gold's "short interest". This figure is 59.3% up from 5.3 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)

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 4.8 million). New Gold's SIR currently stands at 1.75. In other words for every 100,000 New Gold shares traded daily on the market, roughly 1750 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 0.0134% of the tradable shares (for every 100,000 tradable New Gold shares, roughly 13 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.

New Gold share dividends

We're not expecting New Gold to pay a dividend over the next 12 months.

New Gold share price volatility

Over the last 12 months, New Gold's shares have ranged in value from as little as $1.4 up to $2.4. A popular way to gauge a stock's volatility is its "beta".

NGD.US volatility(beta: 1.82)Avg. volatility(beta: 1.00)LowHigh

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 1.8205. This would suggest that New Gold's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

New Gold overview

New Gold Inc. , an intermediate gold mining company, engages in the development and operation of mineral properties. It primarily 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 operates the Cerro San Pedro gold-silver mine in San Luis Potosí, Mexico. The company is headquartered in Toronto, Canada. .

Frequently asked questions

What percentage of New Gold is owned by insiders or institutions?
Currently 0.204% of New Gold shares are held by insiders and 56.33% by institutions.
When does the fiscal year end for New Gold?
New Gold's fiscal year ends in December.
Where is New Gold based?
New Gold's address is: Brookfield Place, Toronto, ON, Canada, M5J 2T3
What is New Gold's ISIN number?
New Gold's international securities identification number is: CA6445351068
What is New Gold's CUSIP number?
New Gold's Committee on Uniform Securities Identification Procedures number is: 644535106

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