The stock of New Gold Inc (NGD) has gone down by -16.39% for the week, with a 6.74% rise in the past month and a 14.89% rise in the past quarter. The volatility ratio for the week is 9.25%, and the volatility levels for the past 30 days are 5.66% for NGD. The simple moving average for the past 20 days is -9.80% for NGD’s stock, with a 11.04% simple moving average for the past 200 days.
Is It Worth Investing in New Gold Inc (AMEX: NGD) Right Now?
New Gold Inc (AMEX: NGD) has a price-to-earnings ratio of 24.14x that is above its average ratio. Additionally, the 36-month beta value for NGD is 0.57. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 4 rating it as “overweight,” 2 rating it as “hold,” and 1 rating it as “sell.”
The public float for NGD is 760.39M and currently, short sellers hold a 1.60% ratio of that float. The average trading volume of NGD on April 07, 2025 was 16.91M shares.
NGD) stock’s latest price update
New Gold Inc (AMEX: NGD)’s stock price has dropped by -14.97 in relation to previous closing price of 3.54. Nevertheless, the company has seen a loss of -16.39% in its stock price over the last five trading days. prnewswire.com reported 2025-04-03 that TORONTO, April 3, 2025 /PRNewswire/ – New Gold Inc. (“New Gold” or the “Company”) (TSX: NGD) (NYSE American: NGD) is providing notice that it will release its first quarter 2025 operational and financial results after market close on Tuesday, April 29, 2025. The Company will host its first quarter 2025 earnings conference call and webcast on Wednesday, April 30, 2025 at 8:30 am Eastern Time.
Analysts’ Opinion of NGD
Many brokerage firms have already submitted their reports for NGD stocks, with BofA Securities repeating the rating for NGD by listing it as a “Buy.” The predicted price for NGD in the upcoming period, according to BofA Securities is $3.90 based on the research report published on March 26, 2025 of the current year 2025.
NGD Trading at -2.12% from the 50-Day Moving Average
After a stumble in the market that brought NGD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -20.37% of loss for the given period.
Volatility was left at 5.66%, however, over the last 30 days, the volatility rate increased by 9.25%, as shares surge +3.79% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.12% upper at present.
During the last 5 trading sessions, NGD fell by -16.39%, which changed the moving average for the period of 200-days by +56.77% in comparison to the 20-day moving average, which settled at $3.34. In addition, New Gold Inc saw 21.37% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for NGD
Current profitability levels for the company are sitting at:
- 0.19 for the present operating margin
- 0.25 for the gross margin
The net margin for New Gold Inc stands at 0.11. The total capital return value is set at 0.1. Equity return is now at value 11.14, with 4.78 for asset returns.
Based on New Gold Inc (NGD), the company’s capital structure generated 0.28 points at debt to capital in total, while cash flow to debt ratio is standing at 0.95. The debt to equity ratio resting at 0.38. The interest coverage ratio of the stock is 17.33.
Currently, EBITDA for the company is 339.1 million with net debt to EBITDA at 0.85. When we switch over and look at the enterprise to sales, we see a ratio of 2.92. The receivables turnover for the company is 36.68for trailing twelve months and the total asset turnover is 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.39.
Conclusion
In conclusion, New Gold Inc (NGD) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
