New Gold Inc.(NGD)NASDAQ
Stock Overview & Analysis
New Gold Inc. (NGD) quick overview 2026-02-20
- The stock is currently trading at $12.22, experiencing a price strength within a larger uptrend—trading above its 50-day average while holding above the 200-day.
- Analysts appear optimistic, with a 1-year price target of $13.58 (11.1% upside).
- Volatility is elevated (91.64% annualized), implying wide price swings.
- The fundamental story is nuanced: solid revenue growth (83.50% YoY) alongside significant competitive pressures.
Here's What You Need to Know Right Now
Concise, actionable context
New Gold Inc. - Historical Price & Volume
Market Cap
Enterprise Value: $9.16B
P/E Ratio
Forward P/E: 9.93
Revenue Growth
Year over Year
Analyst Target
+11.1% upside potential
Key Investor Questions
Clarity over jargon
- Technicals say: Neutral (RSI 62.89)
- Fundamentals say: Caution warranted (high leverage concerns)
- Future growth will depend on performance in core Gold operations.
- The ability to manage competitive pressures will be crucial for sustained growth.
- $397.40M in debt could be a headwind in a high-rate environment.
- Fierce competition from established players in Gold.
Trading Range
Over the past year, the stock traded between $2.60 and $13.63—recovering meaningfully from lows and currently near the higher end. Big swings are likely unless a major catalyst emerges.
Volatility
With 91.64% annualized volatility and β=1.62, the stock exhibits high sensitivity to market moves—suitable for investors comfortable with active risk management.
Ownership Snapshot
High institutional ownership with low short interest suggests steadier hands and low immediate risk.
Analyst Sentiment
Latest News
Recent headlines and coverage
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Assessing New Gold’s Valuation After Recent Share Price Volatility And Merger Debate
Why New Gold Is Back On Investor Radars New Gold (TSX:NGD) has caught investor attention after a sharp share price swing in recent months, prompting closer scrutiny of its recent returns, current valuation and underlying operating profile. See our latest analysis for New Gold. Recent trading has been choppy, with a 1 day share price return of a 2.58% decline and a 7 day share price return of a 4.10% decline. That sits against a 90 day share price return of 47.49% and a very large 1 year total...
Will New Gold (NGD) Beat Estimates Again in Its Next Earnings Report?
New Gold (NGD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
New Gold to Report Q4 Results: What's in the Cards for the Stock?
NGD heads into Q4 earnings with EPS seen soaring 285.7% as gold output jumps 34% and sales volumes climb sharply year over year.
Wall Street Analysts Think New Gold (NGD) Is a Good Investment: Is It?
According to the average brokerage recommendation (ABR), one should invest in New Gold (NGD). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
Assessing New Gold (TSX:NGD) After A 267% Year Gain And Strong Valuation Signals
If you are wondering whether New Gold shares still offer value after a big run, this article will walk through what the current price could mean for long term investors. The stock recently closed at US$15.11, with returns of 4.4% over 7 days, 7.0% over 30 days, 28.3% year to date and 266.7% over 1 year. It has also delivered a very large 3 year gain that is around 11x and a 5 year gain of nearly 7x. Recent coverage around New Gold has focused on its position in the gold mining space and how...
New Gold Coeur Deal Advances As Market Weighs Valuation And Momentum
New Gold and Coeur Mining have advanced their previously announced arrangement, with New Gold shareholders recently voting in favor of the transaction. The companies are now seeking a final court order, a key regulatory step before the arrangement can be fully completed. For investors watching TSX:NGD, this development comes as the stock trades around CA$15.11, with very strong multi year returns, including a gain of 28.3% year to date and 266.7% over the past year. The share price move has...
3 Reasons Why Growth Investors Shouldn't Overlook New Gold (NGD)
New Gold (NGD) possesses solid growth attributes, which could help it handily outperform the market.
New Gold (NGD) Sees a More Significant Dip Than Broader Market: Some Facts to Know
In the closing of the recent trading day, New Gold (NGD) stood at $10.33, denoting a -9.23% move from the preceding trading day.
Frequently Asked Questions
Common investor questions about New Gold Inc.
New Gold Inc. (NGD) is currently trading at $12.22. The RSI (14-day) is at 62.9, indicating neutral territory. Wall Street analysts have a consensus "buy" recommendation. The mean analyst price target of $13.58 implies 11.1% upside from current levels. Volatility is high at 91.6% annualized, meaning significant price swings are common. Investors should consider their risk tolerance, investment horizon, and portfolio diversification before making a decision.
Based on current valuation metrics for New Gold Inc. (NGD): The trailing P/E ratio is 36.63, which is above the market average, indicating investors are pricing in higher growth expectations. The forward P/E is 9.93, lower than the trailing P/E, suggesting analysts expect earnings improvement. Price-to-Book is 7.48. Price-to-Sales is 7.50. Valuation should be compared to Gold industry peers for context, as different sectors trade at different multiples.
Based on 3 analysts covering NGD, the consensus price target is $13.58. This represents a 11.1% upside from the current price of $12.22. The range spans from a low target of $12.75 to a high target of $15.00, reflecting varying levels of optimism among analysts. The consensus recommendation is "buy". Note: Analyst price targets are forward-looking estimates and not guarantees of future performance.
New Gold Inc. (NGD) does not currently pay a regular dividend. The company may be reinvesting profits into growth initiatives, or may not yet be profitable enough to distribute earnings to shareholders.
Key risks for New Gold Inc. (NGD) investors include: 1. High volatility (91.6% annualized)—the stock can experience significant daily price swings. 2. Broader market and macroeconomic risks (interest rates, inflation, geopolitical events). 3. Gold sector-specific competitive pressures. Investors should diversify and consider their risk tolerance before investing.
Here is New Gold Inc.'s (NGD) current debt and financial health profile: Total debt stands at $397.40M. The debt-to-equity ratio is 32.06, which is moderate and generally manageable for most companies. The current ratio is 0.88, which is below 1.0 and may indicate short-term liquidity concerns. The quick ratio is 0.45. The company holds $124.30M in cash and equivalents. Free cash flow is positive at $56.71M, providing a cushion for debt servicing and shareholder returns.