New Gold Inc NGD
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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New Gold Announces Appointment of Keith Murphy as Chief Financial Officer
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Thinking about buying stock in Turnstone Biologics, Iterum Therapeutics, New Gold, GeneDx Holdings, or Tempest Therapeutics?
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New Gold Reports 2023 Third Quarter Results
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New Gold Outlines Opportunities to Extend C-Zone Beyond 2030, Presents Strategic Pipeline for Additional Mine Life Extension at New Afton
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New Gold Reports Strong Third Quarter Operational Results
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New Afton Achieves Significant Milestone with Completion of the First Draw Bell at C-Zone on Time and C-Zone Commercial Production On-Track for Second Half of 2024
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Toronto Stocks Climb, AutoCanada Surges on 2Q Earnings Beat
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Toronto Stocks Flat; Celestica Climbs on Upgraded Full-Year Projections
Trading Information
- Previous Close Price
- $1.41
- Day Range
- $1.36–1.44
- 52-Week Range
- $0.82–1.52
- Bid/Ask
- $1.36 / $1.40
- Market Cap
- $937.77 Mil
- Volume/Avg
- 15 / 2.7 Mil
Key Statistics
- Price/Earnings (Normalized)
- 19.33
- Price/Sales
- 1.25
- Dividend Yield
- —
- Dividend Yield (Forward)
- —
- Total Yield
- —
Company Profile
New Gold Inc participates in the development and operation of intermediate mining properties. The company has a portfolio of two primary assets: the Rainy River Mine and the New Afton Mine in Canada. The company also owns the Cerro San Pedro Mine in Mexico. The company derives revenue from the sale of gold, copper, and silver to various banks engaged in the trading of precious metals and refineries.
- Sector
- Basic Materials
- Industry
- Gold
- Stock Style Box
- Small Growth
- Total Number of Employees
- 1,578
- Website
- https://www.newgold.com
Valuation
|
Metric
|
NGD
|
|---|---|
Price/Earnings (Normalized) | 19.33 |
Price/Book Value | 1.06 |
Price/Sales | 1.25 |
Price/Cash Flow | 3.95 |
Price/Earnings
NGD
Financial Strength
|
Metric
|
NGD
|
|---|---|
Quick Ratio | 0.93 |
Current Ratio | 1.63 |
Interest Coverage | −3.55 |
Quick Ratio
NGD
Profitability
|
Metric
|
NGD
|
|---|---|
Return on Assets (Normalized) | 2.09% |
Return on Equity (Normalized) | 5.05% |
Return on Invested Capital (Normalized) | 3.64% |
Return on Assets
NGD
Gold Industry Comparables
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Ticker
|
Name
|
Morningstar Rating for Stocks
|
Economic Moat
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Market Cap
|
|---|---|---|---|---|
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ZIJMY
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AEM
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WPM
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FNV
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GFI
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GFIOF
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KGC
| Kinross Gold Corp | Pkq | $7.1 Bil |