New Gold Inc NGD
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if NGD is a good fit for your portfolio.
News
-
NEW GOLD PUBLISHES 2023 ESG REPORTS
-
NEW GOLD INTERSECTS WIDE, HIGH-GRADE COPPER-GOLD PORPHYRY MINERALIZATION AT NEW AFTON'S K-ZONE
-
NEW GOLD COMPLETES US$173 MILLION BOUGHT DEAL FINANCING
-
NEW GOLD ANNOUNCES RESULTS OF VOTE FOR ELECTION OF BOARD OF DIRECTORS
-
New Gold Increases Exposure in New Afton Copper/Gold Mine to 80% and Launches US$150 Million Bought Deal Financing
-
NEW GOLD REPORTS FIRST QUARTER 2024 RESULTS
-
Toronto Stocks Climb, AutoCanada Surges on 2Q Earnings Beat
-
Toronto Stocks Flat; Celestica Climbs on Upgraded Full-Year Projections
Trading Information
- Previous Close Price
- CAD 2.88
- Day Range
- CAD 2.84–2.88
- 52-Week Range
- CAD 1.18–3.15
- Bid/Ask
- CAD 2.85 / CAD 2.88
- Market Cap
- CAD 2.28 Bil
- Volume/Avg
- 154,437 / 1.6 Mil
Key Statistics
- Price/Earnings (Normalized)
- 34.83
- Price/Sales
- 1.88
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- —
Company Profile
New Gold Inc participates in the development and operation of intermediate mining properties. The company has a portfolio of two primary assets: the Rainy River Mine and the New Afton Mine in Canada. The company also owns the Cerro San Pedro Mine in Mexico. The company derives revenue from the sale of gold, copper, and silver.
- Sector
- Basic Materials
- Industry
- Gold
- Stock Style Box
- Small Growth
- Total Number of Employees
- 1,542
- Website
- https://www.newgold.com
Comparables
Valuation
|
Metric
|
NGD
|
AGI
|
OR
|
|---|---|---|---|
Price/Earnings (Normalized) | 34.83 | 28.49 | 33.00 |
Price/Book Value | 2.00 | 2.21 | 2.43 |
Price/Sales | 1.88 | 6.27 | 16.37 |
Price/Cash Flow | 5.74 | 12.69 | 21.27 |
Price/Earnings
NGD
AGI
OR
Financial Strength
|
Metric
|
NGD
|
AGI
|
OR
|
|---|---|---|---|
Quick Ratio | 0.84 | 1.45 | 4.87 |
Current Ratio | 1.51 | 2.79 | 4.95 |
Interest Coverage | −13.90 | 248.58 | −1.39 |
Quick Ratio
NGD
AGI
OR
Profitability
|
Metric
|
NGD
|
AGI
|
OR
|
|---|---|---|---|
Return on Assets (Normalized) | 1.91% | 5.49% | 5.54% |
Return on Equity (Normalized) | 5.16% | 7.45% | 6.65% |
Return on Invested Capital (Normalized) | 3.36% | 7.48% | 6.29% |
Return on Assets
NGD
AGI
OR
Gold Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Zijin Mining Group Co Ltd ADR
ZIJMY
| — | Fbxbl | $64.7 Bil | |||
| Zijin Mining Group Co Ltd Class H
ZIJMF
| — | Fprxpr | $64.7 Bil | |||
| Newmont Corp Chess Depository Interest
NEMCL
| — | Thb | $50.1 Bil | |||
| Newmont Corp
NEM
| Fhmhmzl | Zkrkq | $50.1 Bil | |||
| Agnico Eagle Mines Ltd
AEM
| Xpgcrmj | Wbfsw | $34.2 Bil | |||
| Barrick Gold Corp
GOLD
| Fygghdt | Dfrts | $30.5 Bil | |||
| Wheaton Precious Metals Corp
WPM
| Msxnrtwp | Dfjs | $24.8 Bil | |||
| Franco-Nevada Corp
FNV
| — | Mmljrf | $23.6 Bil | |||
| Gold Fields Ltd
GFIOF
| — | Dwn | $13.5 Bil | |||
| Kinross Gold Corp
KGC
| Jqnt | Kkdmg | $10.2 Bil |