New Gold Inc. (TSE:NGD – Free Report) (ARCA:NGD) – Raymond James Financial raised their FY2025 earnings estimates for shares of New Gold in a report issued on Thursday, October 9th. Raymond James Financial analyst J. Elliott now anticipates that the company will earn $0.68 per share for the year, up from their prior forecast of $0.66. Raymond James Financial has a “Hold” rating on the stock. Raymond James Financial also issued estimates for New Gold’s Q4 2025 earnings at $0.29 EPS, Q1 2026 earnings at $0.35 EPS, Q2 2026 earnings at $0.35 EPS, Q3 2026 earnings at $0.35 EPS, Q4 2026 earnings at $0.36 EPS and FY2026 earnings at $1.41 EPS.
A number of other research analysts have also commented on the company. National Bankshares increased their price objective on New Gold from C$8.00 to C$9.50 and gave the company an “outperform” rating in a research report on Tuesday, September 9th. Canaccord Genuity Group upped their price target on New Gold from C$9.00 to C$12.50 in a research note on Thursday, October 2nd. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, New Gold currently has an average rating of “Buy” and a consensus target price of C$9.15.
New Gold Price Performance
Shares of NGD stock opened at C$9.58 on Monday. New Gold has a 1 year low of C$3.43 and a 1 year high of C$10.59. The company has a current ratio of 1.42, a quick ratio of 1.64 and a debt-to-equity ratio of 45.12. The firm’s 50 day moving average is C$8.53 and its 200-day moving average is C$6.75. The firm has a market capitalization of C$7.58 billion, a price-to-earnings ratio of 47.90, a PEG ratio of -3.02 and a beta of 1.93.
New Gold Company Profile
New Gold Inc is an intermediate gold mining company. The company has a portfolio of two producing assets: Rainy River Mine and New Afton Mine in Canada. Also, it has interests in the Cerro San Pedro Mine in Mexico. The company derives revenue from the sale of Gold, Copper, and Silver.
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