NGD:NYE-New Gold Inc (USD)

COMMON STOCK | Gold |

Last Closing

USD 3.05

Change

+0.06 (+2.01)%

Market Cap

USD 2.45B

Volume

8.52M

Analyst Target

USD 4.01
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

New Gold Inc., an intermediate gold mining company, develops and operates of mineral properties in Canada. It primarily explores for gold, silver, and copper deposits. The company's principal operating properties include 100% interest in the Rainy River mine located in Northwestern Ontario, Canada; and New Afton project situated in South-Central British Columbia. New Gold Inc. is headquartered in Toronto, Canada.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-09-19 )

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Symbol Name Price(Change) Market Cap
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+0.31 (+1.14%)

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AGI Alamos Gold Inc

+0.10 (+0.50%)

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PAAS Pan American Silver Corp.

+0.60 (+2.94%)

USD 7.71B
HMY Harmony Gold Mining Company Li..

+0.06 (+0.61%)

USD 5.63B
BTG B2Gold Corp

+0.05 (+1.53%)

USD 4.16B
OR Osisko Gold Ro

+0.11 (+0.62%)

USD 3.31B
SAND Sandstorm Gold Ltd N

+0.03 (+0.50%)

USD 1.85B

ETFs Containing NGD

ESGO:LSE AuAg ESG Gold Mining UCIT.. 5.21 % 0.00 %

+0.06 (+0.46%)

USD 0.02B
ZSG0:XETRA AuAg ESG Gold Mining UCIT.. 4.64 % 0.00 %

+0.06 (+0.46%)

USD 0.04B
ESGO:PA AuAg ESG Gold Mining UCIT.. 4.64 % 0.00 %

+0.03 (+0.46%)

N/A
ZGD:CA BMO Equal Weight Global G.. 3.35 % 0.61 %

-3.03 (0.46%)

CAD 0.10B
ZJG:CA BMO Junior Gold Index ETF 2.72 % 0.60 %

-0.16 (0.46%)

CAD 0.07B
HYDD 2.49 % 0.76 %

N/A

N/A
XCS:CA iShares S&P/TSX Small Cap 1.18 % 0.61 %

+0.03 (+0.46%)

CAD 0.14B
GOEX Global X Gold Explorers E.. 0.00 % 0.65 %

+0.73 (+0.46%)

USD 0.04B
SGDJ Sprott Junior Gold Miners.. 0.00 % 0.57 %

+0.69 (+0.46%)

USD 0.12B
GOGO:CA 0.00 % 0.68 %

N/A

N/A
GLDM:PA Lyxor MSCI ACWI Gold UCIT.. 0.00 % 0.00 %

+0.04 (+0.46%)

USD 0.31B

Market Performance

  Market Performance vs. Industry/Classification (Gold) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 108.90% 94% A 99% N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return 108.90% 94% A 99% N/A
Trailing 12 Months  
Capital Gain 205.00% 98% N/A 99% N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return 205.00% 98% N/A 99% N/A
Trailing 5 Years  
Capital Gain 160.68% 91% A- 92% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 160.68% 91% A- 91% A-
Average Annual (5 Year Horizon)  
Capital Gain 26.91% 96% N/A 88% B+
Dividend Return 26.91% 92% A 86% B+
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 64.58% 13% F 13% F
Risk Adjusted Return 41.67% 81% B- 60% D-
Market Capitalization 2.45B 70% C- 69% C-

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector