In today’s recent session, 9.45 million shares of the New Gold Inc (AMEX:NGD) have been traded, and its beta is 0.42. Most recently the company’s share price was $4.06, and it changed around $0.13 or 3.31% from the last close, which brings the market valuation of the company to $3.21B. NGD at last check was trading at a discount to its 52-week high of $3.98, offering almost 1.97% off that amount. The share price’s 52-week low was $1.74, which indicates that the recent value has risen by an impressive 57.14% since then.
New Gold Inc stock received a consensus recommendation rating of Overweight, based on a mean score of 1.57. If we narrow it down even further, the data shows that 1 out of 8 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 2 recommended NGD as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight.
New Gold Inc (AMEX:NGD) trade information
Instantly NGD has been showing a green trend so far today with a performance of 3.31% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 4.07 on recent trading dayincreased the stock’s daily price by 0.25%. The company’s shares are currently up 63.71% year-to-date, but still up 21.19% over the last five days. On the other hand, New Gold Inc (AMEX:NGD) is 34.88% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $4, which translates to bulls needing to decrease their stock price by -1.5% from its current value. Analyst projections state that NGD is forecast to be at a low of $3.9 and a high of $4.75.
New Gold Inc earnings are expected to increase by 108.57% in 2025, but the outlook is positive 47.17% per year for the next five years.
NGD Dividends
New Gold Inc’s next quarterly earnings report is expected to be released in June.
CONDIRE MANAGEMENT, LP, with 4.7229% or 34.88 million shares worth $68.02 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF were the top two Mutual Funds as of Mar 31, 2025 . The former held 28.41 shares worth $115.34 million, making up 3.59% of all outstanding shares. On the other hand, VanEck ETF Trust-VanEck Junior Gold Miners ETF held roughly 24.95 shares worth around $101.28 million, which represents about 3.15% of the total shares outstanding.
