In the past week, NGD stock has gone up by 18.60%, with a monthly gain of 10.53% and a quarterly surge of 31.73%. The volatility ratio for the week is 7.88%, and the volatility levels for the last 30 days are 6.16% for New Gold Inc The simple moving average for the last 20 days is 5.57% for NGD stock, with a simple moving average of 30.17% for the last 200 days.
Is It Worth Investing in New Gold Inc (AMEX: NGD) Right Now?
The price-to-earnings ratio for New Gold Inc (AMEX: NGD) is above average at 28.63x. The 36-month beta value for NGD is also noteworthy at 0.59. 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 at present, short sellers hold a 1.60% of that float. The average trading volume of NGD on April 14, 2025 was 18.04M shares.
NGD) stock’s latest price update
New Gold Inc (AMEX: NGD)’s stock price has plunge by 5.00relation to previous closing price of 3.40. Nevertheless, the company has seen a 18.60% surge in its stock price over the last five trading sessions. seekingalpha.com reported 2025-04-11 that I Initiate coverage of New Gold Inc. (NGD) with a Strong Buy rating due to the stock’s recent pull-back and promising medium-term production outlook. Rainy River and New Afton mines in Canada show strong production potential, with significant gold, silver, and copper output expected in the next three years. I expect at least 15% upside with a $3.90 price target, but maintain a small position due to higher risks associated with mid-tier gold producers.
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 14.85% 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 -5.56% of loss for the given period.
Volatility was left at 6.16%, however, over the last 30 days, the volatility rate increased by 7.88%, as shares surge +11.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.43% upper at present.
During the last 5 trading sessions, NGD rose by +18.60%, which changed the moving average for the period of 200-days by +84.02% in comparison to the 20-day moving average, which settled at $3.38. In addition, New Gold Inc saw 43.95% 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 3.4. 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 summary, New Gold Inc (NGD) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
