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(NGD) New Gold - Ratings and Ratios

Exchange: TO • Country: Canada • Currency: CAD • Type: Common Stock • ISIN: CA6445351068

NGD: Gold, Silver, Copper, Rainy River, New Afton

New Gold Inc. is a Canadian intermediate gold mining company specializing in the exploration, development, and operation of mineral properties. Headquartered in Toronto, the company primarily focuses on gold, silver, and copper deposits. Its core assets include the Rainy River mine in Northwestern Ontario and the New Afton project in South-Central British Columbia, both of which are wholly owned by the company. New Gold Inc. is listed on the Toronto Stock Exchange under the ticker symbol NGD and operates within the gold sub-industry.

The companys operational strategy emphasizes sustainable mining practices and long-term value creation. Rainy River, located near the Ontario-Manitoba border, is an open-pit mine that has been in operation since 2017, producing gold and silver. The New Afton project, an underground mine, is known for its copper and gold production, leveraging advanced mining technologies to optimize resource extraction. Both operations contribute to New Gold Inc.s production portfolio, which is diversified across multiple commodities and regions.

Based on and , here is a 3-month forecast for New Gold Inc. (NGD): - Price Action: The stock is expected to trade within a range of $4.20 to $5.10 over the next 3 months, influenced by its current price of $4.70 and moving averages (SMA 20: $4.88, SMA 50: $4.55, SMA 200: $3.95). The ATR of $0.28 suggests moderate volatility during this period. - Resistance Levels: The stock may face resistance near $5.00, a level where selling pressure has historically increased. - Support Levels: Support is expected to hold around $4.30, a level where buying interest has previously emerged. - Momentum Indicators: The stocks short-term momentum may weaken if it fails to reclaim the SMA 20 level, while a breakout above $5.00 could signal renewed upward momentum. - Fundamental Outlook: The companys forward P/E of 10.26 suggests investor expectations of improved earnings, though the current P/E of 25.45 indicates a premium valuation relative to historical earnings. The P/B ratio of 2.73 reflects a higher valuation compared to book value, while the P/S of 4.36 indicates a premium to sales. The RoE of 9.75% is in line with industry peers but could face pressure if gold prices decline. - Copper and Gold Prices: The forecast assumes gold prices will remain stable, with copper prices potentially influencing the New Afton projects contribution to revenue. Any significant movement in gold or copper prices could impact the stocks performance. - Volume Trends: Average volume of 2.17 million shares over the past 20 days suggests moderate liquidity, which could lead to increased volatility during news-driven events. - Valuation Sensitivity: The stocks valuation is sensitive to changes in commodity prices, operating costs, and broader market sentiment toward gold equities.

Additional Sources for NGD Stock

Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle

NGD Stock Overview

Market Cap in USD 2,740m
Sector Basic Materials
Industry Gold
GiC Sub-Industry Gold
IPO / Inception

NGD Stock Ratings

Growth Rating 60.4
Fundamental 19.8
Dividend Rating 0.0
Rel. Strength 50.7
Analysts -
Fair Price Momentum 5.64 CAD
Fair Price DCF 1.65 CAD

NGD Dividends

No Dividends Paid

NGD Growth Ratios

Growth Correlation 3m 74.5%
Growth Correlation 12m 88.6%
Growth Correlation 5y 25.9%
CAGR 5y 32.68%
CAGR/Max DD 5y 0.45
Sharpe Ratio 12m -0.07
Alpha 103.93
Beta 1.854
Volatility 61.06%
Current Volume 2342.1k
Average Volume 20d 2060.1k
What is the price of NGD stocks?
As of May 09, 2025, the stock is trading at CAD 5.62 with a total of 2,342,111 shares traded.
Over the past week, the price has changed by +2.37%, over one month by +31.92%, over three months by +30.70% and over the past year by +118.68%.
Is New Gold a good stock to buy?
Neither. Based on ValueRay Fundamental Analyses, New Gold is currently (May 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 19.84 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NGD as of May 2025 is 5.64. This means that NGD is currently overvalued and has a potential downside of 0.36%.
Is NGD a buy, sell or hold?
New Gold has no consensus analysts rating.
What are the forecast for NGD stock price target?
According to ValueRays Forecast Model, NGD New Gold will be worth about 6.5 in May 2026. The stock is currently trading at 5.62. This means that the stock has a potential upside of +15.66%.
Issuer Forecast Upside
Wallstreet Target Price 6.4 14.4%
Analysts Target Price - -
ValueRay Target Price 6.5 15.7%