NGD

New Gold Inc

6.46 USD
+0.03
0.47%
At close Updated Sep 17, 4:00 PM EDT
Pre-market
After hours
6.55
+0.09
1.39%
1 day
0.47%
5 days
-0.31%
1 month
24.23%
3 months
32.11%
6 months
92.26%
Year to date
146.56%
1 year
111.8%
5 years
240%
10 years
165.84%
 

About: New Gold Inc participates in the development and operation of intermediate mining properties. The company has a portfolio of two primary assets which are also its operating segments: 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.

Employees: 1,607

0
Funds holding %
of 7,463 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

1,309% more call options, than puts

Call options by funds: $75.6M | Put options by funds: $5.37M

157% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 23

38% more capital invested

Capital invested by funds: $1.55B [Q1] → $2.15B (+$595M) [Q2]

14% more funds holding in top 10

Funds holding in top 10: 7 [Q1] → 8 (+1) [Q2]

13% more funds holding

Funds holding: 243 [Q1] → 274 (+31) [Q2]

1.22% more ownership

Funds ownership: 53.01% [Q1] → 54.23% (+1.22%) [Q2]

5% less repeat investments, than reductions

Existing positions increased: 80 | Existing positions reduced: 84

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$6.25
3% downside
Avg. target
$6.25
3% downside
High target
$6.25
3% downside

1 analyst rating

positive
100%
neutral
0%
negative
0%
CIBC
Anita Soni
$6.25
Outperformer
Maintained
15 Jul 2025

Financial journalist opinion

Based on 13 articles about NGD published over the past 30 days

Negative
Zacks Investment Research
yesterday
Here's Why New Gold (NGD) Fell More Than Broader Market
New Gold (NGD) closed at $6.43 in the latest trading session, marking a -4.6% move from the prior day.
Here's Why New Gold (NGD) Fell More Than Broader Market
Positive
Seeking Alpha
5 days ago
Gold Rush: Top 5 Gold Mining Stocks
Gold set new records with expectations high the Fed will cut rates on Sept. 17, further fueled by a weak dollar, inflation, and uncertainty from trade disputes. The yellow metal might have more room to run, according to Goldman Sachs analysts, who project gold could rise to $5,000/oz depending on Federal Reserve policy decisions. Booming gold stocks are outperforming bullion as profits rise and margins widen. During Q2, average gold prices rose 15% sequentially to $3,280/oz, while production costs edged up slightly.
Gold Rush: Top 5 Gold Mining Stocks
Positive
Zacks Investment Research
5 days ago
5 Gold Mining Stocks in Focus as Industry Prospects Shine
With rising gold prices and solid demand boding well for the Zacks Mining - Gold industry, investors may watch stocks like NEM, FNV, KGC, EGO and NGD.
5 Gold Mining Stocks in Focus as Industry Prospects Shine
Positive
Zacks Investment Research
7 days ago
New Gold (NGD) Beats Stock Market Upswing: What Investors Need to Know
In the most recent trading session, New Gold (NGD) closed at $6.49, indicating a +2.37% shift from the previous trading day.
New Gold (NGD) Beats Stock Market Upswing: What Investors Need to Know
Neutral
PRNewsWire
8 days ago
NEW GOLD ACHIEVES 2025 TSX30 RANKING FOR TOP PERFORMANCE
TORONTO , Sept. 9, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX and NYSE American: NGD) is pleased to announce that it has been recognized by the Toronto Stock Exchange ("TSX") as a top performer with the inclusion in the TSX30 for 2025.
NEW GOLD ACHIEVES 2025 TSX30 RANKING FOR TOP PERFORMANCE
Neutral
PRNewsWire
9 days ago
NEW GOLD PROVIDES EXPLORATION UPDATE FOR NEW AFTON AND RAINY RIVER MINES, HIGHLIGHTED BY SIGNIFICANT GROWTH AT NEW AFTON'S K-ZONE
New Afton's K-Zone More Than Doubles in Size, Rainy River Advancing Objective of Offsetting Mining Depletion (All amounts are in U.S. dollars unless otherwise indicated) TORONTO , September 8, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is pleased to provide an update on its ongoing exploration programs at the 100%-owned New Afton and Rainy River mines in Canada. At New Afton, new underground drilling has confirmed the width and continuity of previously reported mineralization at K-Zone and discovered additional copper-gold porphyry mineralization emanating from the roots of the zone, which have more than doubled the known extent of the system.
NEW GOLD PROVIDES EXPLORATION UPDATE FOR NEW AFTON AND RAINY RIVER MINES, HIGHLIGHTED BY SIGNIFICANT GROWTH AT NEW AFTON'S K-ZONE
Positive
Seeking Alpha
10 days ago
New Gold: Operational Discipline Meets The Golden Cycle
New Gold has transformed from promise to reality, delivering strong margins, cash flow, and operational discipline, validating my bullish thesis. Despite a +40% rally, it trades at a significant discount to peers, with superior growth and profitability metrics, offering substantial re-rating potential. The company's credibility discount is eroding as consistent execution continues, positioning it for further market recognition and valuation uplift.
New Gold: Operational Discipline Meets The Golden Cycle
Positive
Seeking Alpha
12 days ago
New Gold: Still A Buy Despite The Recent Surge
New Gold's recent surge is driven by macro catalysts like rate cut expectations and gold's safe haven appeal, not company-specific developments. Operational execution remains strong, with production and costs in line with guidance and developments at both New Afton and Rainy River. Significant free cash flow is expected in 2025 and especially 2026-2027, but reliance on two mines and management's capital allocation decisions introduces risk.
New Gold: Still A Buy Despite The Recent Surge
Positive
Zacks Investment Research
20 days ago
Is New Gold (NGD) a Solid Growth Stock? 3 Reasons to Think "Yes"
New Gold (NGD) possesses solid growth attributes, which could help it handily outperform the market.
Is New Gold (NGD) a Solid Growth Stock? 3 Reasons to Think "Yes"
Positive
Zacks Investment Research
20 days ago
Is New Gold (NGD) Stock Outpacing Its Basic Materials Peers This Year?
Here is how New Gold (NGD) and Posco (PKX) have performed compared to their sector so far this year.
Is New Gold (NGD) Stock Outpacing Its Basic Materials Peers This Year?
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