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
-
NEW GOLD PROVIDES NOTICE OF RELEASE OF FIRST QUARTER 2024 RESULTS AND CONFERENCE CALL
-
NEW GOLD APPOINTS RICHARD O'BRIEN TO THE BOARD OF DIRECTORS
-
NEW GOLD REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS
-
NEW GOLD OUTLINES SIGNIFICANT FREE CASH FLOW GENERATION PROFILE SUPPORTED BY IMPROVING PRODUCTION AND DECREASING COSTS OVER THE NEXT THREE YEARS
-
Toronto Stocks Climb, AutoCanada Surges on 2Q Earnings Beat
-
Toronto Stocks Flat; Celestica Climbs on Upgraded Full-Year Projections
-
Toronto Stocks Edge Forward; TransAlta to Acquire all Shares of TransAlta Renewables
Trading Information
- Previous Close Price
- CAD 2.41
- Day Range
- CAD 2.39–2.43
- 52-Week Range
- CAD 1.18–2.67
- Bid/Ask
- CAD 2.41 / CAD 2.42
- Market Cap
- CAD 1.66 Bil
- Volume/Avg
- 242,331 / 1.4 Mil
Key Statistics
- Price/Earnings (Normalized)
- 24.92
- Price/Sales
- 1.55
- Dividend Yield (Trailing)
- —
- 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.
- Sector
- Basic Materials
- Industry
- Gold
- Stock Style Box
- Small Growth
- Total Number of Employees
- 1,542
- Website
- https://www.newgold.com
Comparables
Valuation
|
Metric
|
NGD
|
IMG
|
OR
|
|---|---|---|---|
Price/Earnings (Normalized) | 24.92 | 40.21 | 32.49 |
Price/Book Value | 1.57 | 0.81 | 2.50 |
Price/Sales | 1.55 | 1.78 | 16.68 |
Price/Cash Flow | 4.71 | 11.07 | 21.84 |
Price/Earnings
NGD
IMG
OR
Financial Strength
|
Metric
|
NGD
|
IMG
|
OR
|
|---|---|---|---|
Quick Ratio | 0.92 | 0.69 | 4.02 |
Current Ratio | 1.54 | 1.19 | 4.11 |
Interest Coverage | −8.53 | — | −1.21 |
Quick Ratio
NGD
IMG
OR
Profitability
|
Metric
|
NGD
|
IMG
|
OR
|
|---|---|---|---|
Return on Assets (Normalized) | 2.15% | 1.02% | 4.84% |
Return on Equity (Normalized) | 5.50% | 2.05% | 5.80% |
Return on Invested Capital (Normalized) | 3.76% | −0.09% | 5.57% |
Return on Assets
NGD
IMG
OR
Gold Industry Comparables
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Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
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