NGD
New Gold Inc
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 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
664% more call options, than puts
Call options by funds: $20M | Put options by funds: $2.62M
24% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 29
15% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 60
2% more funds holding
Funds holding: 215 [Q3] → 219 (+4) [Q4]
0.44% more ownership
Funds ownership: 49.58% [Q3] → 50.02% (+0.44%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 5 [Q3] → 5 (+0) [Q4]
13% less capital invested
Capital invested by funds: $1.13B [Q3] → $985M (-$150M) [Q4]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$4.75
19%
upside
Avg. target
$4.75
19%
upside
High target
$4.75
19%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Scotiabank Eric Winmill 64% 1-year accuracy 7 / 11 met price target | 19%upside $4.75 | Sector Outperform Maintained | 14 Apr 2025 |
Financial journalist opinion
Based on 12 articles about NGD published over the past 30 days
Neutral
Seeking Alpha
10 hours ago
New Gold Inc. (NGD) Q1 2025 Earnings Call Transcript
New Gold Inc. (NYSE:NGD ) Q1 2025 Earnings Conference Call April 30, 2025 8:30 AM ET Company Participants Ankit Shah – Executive Vice President-Strategy and Business Development Keith Murphy – Executive Vice President and Chief Financial Officer Patrick Godin – President and Chief Executive Officer Luke Buchanan – Vice President-Technical Services Conference Call Participants Michael Siperco – RBC Capital Markets Lawson Winder – Bank of America Eric Winmill – Scotiabank Jeremy Hoy – Canaccord Genuity Mohamed Sidibé – National Bank Financial Operator Good morning. My name is Jester, and I will be your conference operator today.
Neutral
PRNewsWire
1 day ago
NEW GOLD REPORTS FIRST QUARTER 2025 RESULTS
Solid Quarterly Performance Leads to Free Cash Flow Generation, Critical Path Items Achieved to Allow for Ramp-up in Production and Exploration Activities Going Forward (All amounts are in U.S. dollars unless otherwise indicated) TORONTO , April 29, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) today reported financial and operating results for the quarter ended March 31, 2025. "The first four months of the year have been exceptionally positive for New Gold in achieving our strategic objectives," stated Patrick Godin, President and CEO.
Positive
Zacks Investment Research
5 days ago
Here is Why Growth Investors Should Buy New Gold (NGD) Now
New Gold (NGD) possesses solid growth attributes, which could help it handily outperform the market.
Neutral
Zacks Investment Research
5 days ago
Brokers Suggest Investing in New Gold (NGD): Read This Before Placing a Bet
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Neutral
Zacks Investment Research
6 days ago
New Gold Gears Up to Report Q1 Earnings: What to Expect?
NGD is likely to deliver a year-over-year decline in first-quarter 2025 earnings due to lower production levels for both gold and copper, somewhat negated by higher prices.
Positive
Zacks Investment Research
1 week ago
Why the Market Dipped But New Gold (NGD) Gained Today
New Gold (NGD) reachead $3.68 at the closing of the latest trading day, reflecting a +1.1% change compared to its last close.
Neutral
Zacks Investment Research
2 weeks ago
New Gold (NGD) Rises But Trails Market: What Investors Should Know
In the latest trading session, New Gold (NGD) closed at $3.59, marking a +0.56% move from the previous day.
Positive
Seeking Alpha
2 weeks ago
New Gold: A Copper-Heavy Future In A Golden World
I Initiate coverage of New Gold Inc. (NGD) with a Strong Buy rating due to the stock's recent pull-back and promising medium-term production outlook. Rainy River and New Afton mines in Canada show strong production potential, with significant gold, silver, and copper output expected in the next three years. I expect at least 15% upside with a $3.90 price target, but maintain a small position due to higher risks associated with mid-tier gold producers.
Positive
Zacks Investment Research
3 weeks ago
New Gold Inks Deal to Acquire Remaining Stake in New Afton Mine
NGD signs a deal with Ontario Teachers' Pension Plan to acquire 19.9% free cash flow interest in the New Afton Mine.
Neutral
PRNewsWire
3 weeks ago
NEW GOLD CONSOLIDATES 100% INTEREST IN ITS NEW AFTON MINE
(All dollar figures are in US dollars unless otherwise indicated) TORONTO , April 7, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is pleased to announce that it has entered into an agreement with Ontario Teachers' Pension Plan ("Ontario Teachers'") to acquire the remaining 19.9% free cash flow interest in the Company's New Afton Mine ("New Afton") (the "Transaction"). Following the transaction, the Company will have fully consolidated its free cash flow interest in New Afton to 100%.
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