B
Baker Steel Capital Managers LLP
+ HoldingNGD
+7.33%
3M Return
$9.080
-0.374 (-4.12%)At close
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- High
- 9.140
- Open
- 8.730
- VWAP
- 8.89
- Vol
- 25.35M
- Mkt Cap
- 1.57B
- Low
- 8.460
- Amount
- 225.43M
- EV/EBITDA, TTM
- 4.69
New Gold Inc. is a Canadian intermediate gold mining company, which is engaged in the development and operation of mineral properties. The assets of the Company, directly or through its subsidiaries, comprise the New Afton Mine in British Columbia, Canada (New Afton) and the Rainy River Mine in Ontario, Canada (Rainy River). The Rainy River is located approximately 65 kilometers (km) northwest of Fort Frances, Ontario, Canada. The New Afton mine is located approximately 10 km west of Kamloops, 350 km northeast of Vancouver, British Columbia, Canada.
AI analysis of New Gold Inc (NGD)
buyNew Gold Inc (NGD) is a good buy for a beginner investor with a long-term focus and $50,000-$100,000 available for investment. The company's strong financial performance, positive analyst sentiment, and oversold technical indicators suggest a favorable entry point. While the stock lacks immediate proprietary trading signals, its long-term growth potential and alignment with rising gold demand make it a solid investment choice.
Analyst Ratings (13)
+3.19% upside
Hold
5 Buy
6 Hold
2 Sell
Current: 9.08
Low
8.00
Average
9.37
High
12.00
Scotiabank
Outperform
—
2026-01-26
Scotiabank
2026-01-26
Price Target
—
Outperform
Canaccord
Buy
$18
2026-01-23
Canaccord
2026-01-23
Price Target
$18
Buy
BofA
No Rating
—
2025-11-04
BofA
2025-11-04
Price Target
—
No Rating
National Bank
Outperform
—
2025-10-30
National Bank
2025-10-30
Price Target
—
Outperform
TD Securities
Hold
$7
2025-10-30
TD Securities
2025-10-30
Price Target
$7
Hold
Valuation Metrics
The current forward P/E ratio for New Gold Inc (NGD) is 8.13, compared to its 5-year average forward P/E of 13.40.
Whales holding NGD
Events Timeline
News
8.503-25PRnewswireAnalysis of Investment Trends in Gold Mining
8.503-25NewsfilterGold Mining Investment Shifts to High-Quality Assets
8.503-20NewsfilterNew Gold Acquired by Coeur Mining in Share Exchange
8.503-18FoolCoeur Mining Shares Plunge 8% Amid Falling Gold and Silver Prices
8.503-18NewsfilterStructural Shift in Global Gold Demand
NGD FAQ — answered by Alphio AI
New Gold Inc. is a Canadian intermediate gold mining company, which is engaged in the development and operation of mineral properties. The assets of the Company, directly or through its subsidiaries, comprise the New Afton Mine in British Columbia, Canada (New Afton) and the Rainy River Mine in Ontario, Canada (Rainy River). The Rainy River is located approximately 65 kilometers (km) northwest of Fort Frances, Ontario, Canada. The New Afton mine is located approximately 10 km west of Kamloops, 350 km northeast of Vancouver, British Columbia, Canada. It operates in the Basic Materials sector.
New Gold Inc (NGD) is a good buy for a beginner investor with a long-term focus and $50,000-$100,000 available for investment. The company's strong financial performance, positive analyst sentiment, and oversold technical indicators suggest a favorable entry point. While the stock lacks immediate proprietary trading signals, its long-term growth potential and alignment with rising gold demand make it a solid investment choice.
13 analysts cover NGD: 5 rate it Buy, 6 Hold and 2 Sell. The average price target is 9.37.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.