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New Gold Inc NGD

Morningstar Rating
$1.37 −0.04 (2.84%)
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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.

Price vs Fair Value

NGD is trading at a 29% discount.
Price
$1.37
Fair Value
$2.83
Uncertainty
Very High
1-Star Price
$5.95
5-Star Price
$4.40
Economic Moat
Dngwb
Capital Allocation
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News

Trading Information

Previous Close Price
$1.41
Day Range
$1.361.44
52-Week Range
$0.821.52
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

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

Ticker
Name
Morningstar Rating for Stocks
Economic Moat
Market Cap
NEM
Newmont CorpMkfyj$46.0 Bil
ZIJMY
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ZIJMF
Zijin Mining Group Co Ltd Class HMlmcryj$43.6 Bil
GOLD
Barrick Gold CorpVlj$30.6 Bil
AEM
Agnico Eagle Mines LtdMjl$26.2 Bil
WPM
Wheaton Precious Metals CorpDzxn$21.8 Bil
FNV
Franco-Nevada CorpFfn$20.6 Bil
GFI
Gold Fields Ltd ADRCjmqxj$13.2 Bil
GFIOF
Gold Fields LtdYscdqf$13.2 Bil
KGC
Kinross Gold CorpPkq$7.1 Bil