New Gold Inc (AMEX:NGD) has a beta value of 0.39 and has seen 5.13 million shares traded in the recent trading session. The company, currently valued at $2.94B, closed the recent trade at $3.71 per share which meant it lost -$0.17 on the day or -4.25% during that session. The NGD stock price is -13.48% off its 52-week high price of $4.21 and 53.1% above the 52-week low of $1.74.
The consensus among analysts is that New Gold Inc (NGD) is Buy stock at the moment, with a recommendation rating of 1.50. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 8 have rated it as a Hold, with 5 advising it as a Buy. 0 have rated the stock as Underweight.
New Gold Inc (AMEX:NGD) trade information
Sporting -4.25% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the NGD stock price touched $3.71 or saw a rise of 11.46%. Year-to-date, New Gold Inc shares have moved 49.80%, while the 5-day performance has seen it change -8.95%. Over the past 30 days, the shares of New Gold Inc (AMEX:NGD) have changed 3.48%.
Wall Street analysts have a consensus price target for the stock at $4, which means that the shares’ value could jump 7.25% from the levels at last check today.. The projected low price target is $3.9 while the price target rests at a high of $4.75. In that case, then, we find that the latest price level in today’s session is -28.03% off the targeted high while a plunge would see the stock gain -5.12% from the levels at last check today..
New Gold Inc (NGD) estimates and forecasts
The company’s shares have gained 35.58% over the past 6 months.
Earnings growth for 2025 is a modest 100.72% while over the next 5 years, the company’s earnings are expected to increase by 48.43%.
NGD Dividends
New Gold Inc is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
New Gold Inc (AMEX:NGD)’s Major holders
The top two institutional holders are VAN ECK ASSOCIATES CORP with over 70.34 million shares worth more than $137.17 million. As of 2024-06-30, VAN ECK ASSOCIATES CORP held 9.5238% of shares outstanding.
The other major institutional holder is CONDIRE MANAGEMENT, LP, with the holding of over 34.88 million shares as of 2024-06-30. The firm’s total holdings are worth over $68.02 million and represent 4.7229% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF . As of Apr 30, 2025 , the former fund manager holds about 3.40% shares in the company for having 26.91 shares of worth $100.12 million while later fund manager owns 23.61 shares of worth $87.84 million as of Apr 30, 2025 , which makes it owner of about 2.98% of company’s outstanding stock.
