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
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$4.75
26%
upside
Avg. target
$4.75
26%
upside
High target
$4.75
26%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
CIBC Anita Soni 75% 1-year accuracy 6 / 8 met price target | 26%upside $4.75 | Outperformer Maintained | 8 May 2025 |
Scotiabank Eric Winmill 73% 1-year accuracy 8 / 11 met price target | 26%upside $4.75 | Sector Outperform Maintained | 14 Apr 2025 |
Financial journalist opinion
Based on 14 articles about NGD published over the past 30 days
Positive
Zacks Investment Research
1 day ago
3 Reasons Growth Investors Will Love New Gold (NGD)
New Gold (NGD) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Neutral
Zacks Investment Research
2 days ago
Is New Gold (NGD) a Buy as Wall Street Analysts Look Optimistic?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Positive
Zacks Investment Research
6 days ago
Are You Looking for a Top Momentum Pick? Why New Gold (NGD) is a Great Choice
Does New Gold (NGD) have what it takes to be a top stock pick for momentum investors? Let's find out.
Neutral
PRNewsWire
6 days ago
NEW GOLD ANNOUNCES RESULTS OF VOTE FOR ELECTION OF BOARD OF DIRECTORS
TORONTO , May 7, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) today announces the voting results from the election of its Board of Directors at New Gold's Annual and Special Meeting of Shareholders (the "Meeting") held on May 6, 2025, as set out below. Election of Directors Director Nominee Votes For % For Votes Withheld % Withheld Patrick Godin 428,081,129 99.70 % 1,303,979 0.30 % Sophie Bergeron 427,630,255 99.59 % 1,754,853 0.41 % Ross Bhappu 427,911,430 99.66 % 1,473,678 0.34 % Nicholas Chirekos 394,885,856 91.97 % 34,499,252 8.03 % Gillian Davidson 426,373,176 99.30 % 3,011,932 0.70 % Thomas McCulley 427,919,939 99.66 % 1,465,169 0.34 % Christian Milau 424,822,124 98.94 % 4,562,984 1.06 % Richard O'Brien 405,488,179 94.43 % 23,896,929 5.57 % Marilyn Schonberner 426,184,735 99.25 % 3,200,373 0.75 % Say on Pay Advisory Vote Votes For Votes Against % For % Against 405,189,666 24,195,443 94.37 % 5.63 % The results of the other matters considered at the Meeting are disclosed in the Report of Voting Results filed on SEDAR+ at www.sedarplus.com on May 7, 2025.
Positive
Seeking Alpha
1 week ago
New Gold: A Much Stronger H2 On Deck
New Gold had a solid Q1-25 performance despite being the weakest quarter of the year, reporting positive free cash flow and better-than-expected operational results at New Afton. Importantly, C-Zone remains on track to ramp up by early 2026, allowing for exponential growth in free cash flow generation, with Rainy River moving into higher grades with stripping complete. In this update, we'll dig into the Q1 results, recent developments, and whether NGD is offering an adequate margin of safety at current levels.
Neutral
PRNewsWire
1 week ago
NEW GOLD COMPLETES 100% CONSOLIDATION OF THE FREE CASH FLOW INTEREST IN ITS NEW AFTON MINE
(All dollar figures are in US dollars unless otherwise indicated) TORONTO , May 1, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is pleased to announce that the previously announced 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") has now closed. The Company has now fully consolidated its free cash flow interest in New Afton to 100% and terminated all existing agreements with respect to Ontario Teachers' free cash flow interest in New Afton.
Positive
Zacks Investment Research
1 week ago
New Gold Inc. (NGD) Hit a 52 Week High, Can the Run Continue?
New Gold (NGD) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Neutral
Seeking Alpha
2 weeks 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
2 weeks 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
2 weeks 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.
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