New Gold Inc

Company Profile

New Gold Inc had its IPO on 2004-11-18 under the ticker symbol NGD.

The company operates in the Basic Materials sector and Gold industry. New Gold Inc has a staff strength of 0 employees.

Stock update

Shares of New Gold Inc opened at $0.98 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.98 - $1.02, and closed at $1.

This is a +1.8% increase from the previous day's closing price.

A total volume of 576,370 shares were traded at the close of the day’s session.

In the last one week, shares of New Gold Inc have slipped by -4.08%.

New Gold Inc's Key Ratios

New Gold Inc has a market cap of $672.25 million, indicating a price to book ratio of 0.7069 and a price to sales ratio of 1.0591.

In the last 12-months New Gold Inc’s revenue was $700 million with a gross profit of $221.70 million and an EBITDA of $222.80 million. The EBITDA ratio measures New Gold Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, New Gold Inc’s operating margin was 1.64% while its return on assets stood at 0.32% with a return of equity of -5.89%.

In Q2, New Gold Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 59.4%.

New Gold Inc’s PE and PEG Ratio

Forward PE

13.3156

Trailing PE

0

PEG

-2.09

Its diluted EPS in the last 12-months stands at $-0.08 per share while it has a forward price to earnings multiple of 13.3156 and a PEG multiple of -2.09. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into New Gold Inc’s profitability.

New Gold Inc stock is trading at a EV to sales ratio of 1.2877 and a EV to EBITDA ratio of 2.6477. Its price to sales ratio in the trailing 12-months stood at 1.0591.

New Gold Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$2.24 billion

Total Liabilities

$203.80 million

Operating Cash Flow

$-106500000.00

Capital Expenditure

$71.60 million

Dividend Payout Ratio

0%

New Gold Inc ended 2024 with $2.24 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.24 billion while shareholder equity stood at $887.20 million.

New Gold Inc ended 2024 with $0 in deferred long-term liabilities, $203.80 million in other current liabilities, 3159800000.00 in common stock, $-2315200000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $174.40 million and cash and short-term investments were $182.90 million. The company’s total short-term debt was $0 while long-term debt stood at $395.50 million.

New Gold Inc’s total current assets stands at $349.40 million while long-term investments were $0 and short-term investments were $8.50 million. Its net receivables were $17.90 million compared to accounts payable of $46.20 million and inventory worth $136.40 million.

In 2024, New Gold Inc's operating cash flow was $-106500000.00 while its capital expenditure stood at $71.60 million.

Comparatively, New Gold Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$1

52-Week High

$1.48

52-Week Low

$0.73

Analyst Target Price

$1.35

New Gold Inc stock is currently trading at $1 per share. It touched a 52-week high of $1.48 and a 52-week low of $1.48. Analysts tracking the stock have a 12-month average target price of $1.35.

Its 50-day moving average was $1.09 and 200-day moving average was $1.11 The short ratio stood at 0.99 indicating a short percent outstanding of 0%.

Around 37% of the company’s stock are held by insiders while 4815.3% are held by institutions.