In last trading session, New Gold Inc (AMEX:NGD) saw 19.2 million shares changing hands with its beta currently measuring 0.45. Company’s recent per share price level of $4.83 trading at -$0.02 or -0.41% at ring of the bell on the day assigns it a market valuation of $3.82B. That closing price of NGD’s stock is at a discount of -4.76% from its 52-week high price of $5.06 and is indicating a premium of 60.46% from its 52-week low price of $1.91.
For New Gold Inc (NGD), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.80. Splitting up the data highlights that, out of 8 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
New Gold Inc (AMEX:NGD) trade information
Upright in the red during last session for losing -0.41%, in the last five days NGD remained trading in the red while hitting it’s week-highest on Monday, 06/23/25 when the stock touched $4.83 price level, adding 4.55% to its value on the day. New Gold Inc’s shares saw a change of 148.97% in year-to-date performance and have moved -1.23% in past 5-day. New Gold Inc (AMEX:NGD) showed a performance of 12.33% in past 30-days.
Wall Street analysts have assigned a consensus price target of 4 to the stock, which implies a fall of -20.75% to its current value. Analysts have been projecting 3.9 as a low price target for the stock while placing it at a high target of 4.75. It follows that stock’s current price would jump 19.25% in reaching the projected high whereas dropping to the targeted low would mean a gain of 19.25% for stock’s current value.
In 2025, company’s earnings growth rate is likely to be around 110.79% while estimates for its earnings growth in next 5 years are of 59.27%.
New Gold Inc (AMEX:NGD)’s Major holders
VAN ECK ASSOCIATES CORP is the top institutional holder at NGD for having 70.34 million shares of worth $137.17 million. And as of 2024-06-30, it was holding 9.5238 of the company’s outstanding shares.
The second largest institutional holder is CONDIRE MANAGEMENT, LP, which was holding about 34.88 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.7229 of outstanding shares, having a total worth of $68.02 million.
