New Gold Inc (AMEX:NGD) traded at $4.93 at close of the session on Monday, June 23 and made an upward move of 2.07%% on its previous day’s price.
Looking at the stock we see that its previous close was $4.83 and the beta (5Y monthly) reads 0.874 with the day’s price range being $4.84 – $5.06. The company has a trailing 12-month PE ratio of 29.54. In terms of its 52-week price range, NGD has a high of $4.98 and a low of $1.91. The company’s stock has gained about 16.00% over that past 30 days.
New Gold Inc has a market cap of $3.90 billion and is expected to release its quarterly earnings report on 2025-Apr-29.
On the other hand, looking at the outlook for the NGD stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy.
Based on estimates by 8 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 2 have rated the New Gold Inc (NGD) stock as a Hold, while 5 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 1 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the NGD stock currently stands at 0.50, and the current price level is 4.86% off its SMA20 and 18.85% from its 50-day simple moving average. The RSI (14) is pointing at 67.65 while the volatility over the past week is 1.45% and jumps to 1.68% over the past one month. The average price target for the stock over the next 12 months is $4, with the estimates having a low of $3.9 and a high of $4.75. These price ends are 20.89% and 3.65% off the current price level respectively, although investors could be excited at the prospect of a 18.86% if the NGD share price touches on the median price of $4.
Coming back to New Gold Inc (AMEX:NGD), we note that the average 3-month trading volume was 25.94 million, while that of the preceding 10-day period stands at 26.59 million. Current shares outstanding are 791.37 million.
The insiders hold 4.74% of the company’s shares while institutions hold 56.47%. The data shows that short shares as of 2025-05-30, stood at 14.27 million at a short ratio of 0.61. Shares short fall in May from the previous month at 14.44 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 151.53% up in year-to-date price movement.
