New Gold, Inc. (NYSEMKT:NGD) traded with the volume of 6.01 Million Yesterday. The Stock Opened its session at $4.11 and closed at $3.85 by showing an decrease of -3.02 percent. New Gold, Inc. has 1 year price target of 5.71. The stock gained a consensus recommendation of 2.82 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell. The company is expected to report its next EPS (earnings per share) on Oct 27 AMC. The company reported its last quarter on Jun 16.
The 18 analysts offering 12-month price forecasts for New Gold Inc have a median target of 5.55, with a high estimate of 7.63 and a low estimate of 3.77. The median estimate represents a +44.27% increase from the last price of 3.85. (CNN MONEY)
Many Analysts provided their foresight on Revenue Estimates of New Gold, Inc. where they believe that the company has the potential to earn average revenue of $179.1 Million for the current quarter. According to their predictions High & Low revenue estimates are 185.57 Million and 175 Million respectively.
New Gold, Inc. (NYSEMKT:NGD) topped its 52-week high price of $6.04 on Aug 10, 2016 and 52-Week Low Price of $1.76 on Jan 20, 2016. The Stock currently has the market capitalization of $2.03 Million, P/E (price to earnings ttm) of 0 and Weekly volatility of 6.09%% and monthly volatility of 5.11%% respectively.
New Gold, Inc. is currently showing 500% EPS growth this year. The Next Year EPS growth is 75%, Long term annual growth estimate of -25.31%, Annual EPS growth past 5 years of -37.34 percent. The Company currently has Insider ownership of 3.6 Percent and Institutional Ownership of 55.1 Percent. The Return on Assets stands at -4%, Return on Equity shows -7.1% and Return on Investment value is -2.8%.
New Gold, Inc. Gross Margin percentage stands at 77.1% while its Operating Margin for trailing twelve month is -24.7 percent and Profit margin (ttm) is -21 Percent. The stock is currently moving above its 20-Day Simple Moving Average of -23.48% with the 50-Day Simple Moving Average of -23.48 percent. Currently, the company has SMA200 (200-day simple moving average) of -4.12 Percent. The Stock has YTD (year to date) performance of 65.95 percent.
Many research firms have provided their ratings on New Gold, Inc. (NYSEMKT:NGD) where Desjardins provided Buyrating on the stock on 16-Sep-16. Other firms include Desjardins giving Hold rating on 7-Sep-16.
New Gold Inc. is focused on the exploration and development of the Afton Copper-Gold Project, located 6 miles (10 km) west of Kamloops, British Columbia.