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 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
1,223% more call options, than puts
Call options by funds: $42.8M | Put options by funds: $3.24M
142% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 19
58% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 57
58% more capital invested
Capital invested by funds: $985M [Q4 2024] → $1.55B (+$568M) [Q1 2025]
40% more funds holding in top 10
Funds holding in top 10: 5 [Q4 2024] → 7 (+2) [Q1 2025]
10% more funds holding
Funds holding: 220 [Q4 2024] → 241 (+21) [Q1 2025]
2.95% more ownership
Funds ownership: 50.03% [Q4 2024] → 52.99% (+2.95%) [Q1 2025]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$4.75
3%
downside
Avg. target
$4.75
3%
downside
High target
$4.75
3%
downside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
CIBC Anita Soni | 3%downside $4.75 | Outperformer Maintained | 8 May 2025 |
Scotiabank Eric Winmill | 3%downside $4.75 | Sector Outperform Maintained | 14 Apr 2025 |
Financial journalist opinion
Based on 12 articles about NGD published over the past 30 days
Neutral
PRNewsWire
3 days ago
New Gold Announces Redemption of Remaining Outstanding 7.50% Senior Notes
(All amounts are in U.S. dollars unless otherwise indicated) TORONTO , June 11, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) announces that, pursuant to the terms of the indenture governing its 7.50% Senior Notes due 2027 (the "2027 Notes"), it has issued a notice of redemption to redeem the remaining $111 million aggregate principal amount of outstanding 2027 Notes on July 15, 2025. The redemption of the 2027 Notes will be funded with the remaining proceeds from the Company's March 2025 senior notes offering, together with cash on hand.
Neutral
Zacks Investment Research
4 days ago
New Gold (NGD) Stock Declines While Market Improves: Some Information for Investors
The latest trading day saw New Gold (NGD) settling at $4.76, representing a -2.06% change from its previous close.
Positive
Zacks Investment Research
6 days 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.
Positive
Zacks Investment Research
1 week ago
New Gold (NGD) Beats Stock Market Upswing: What Investors Need to Know
In the latest trading session, New Gold (NGD) closed at $4.69, marking a +0.43% move from the previous day.
Neutral
PRNewsWire
1 week ago
NEW GOLD PUBLISHES 2024 SUSTAINABILITY REPORT
A Decade of Reporting on Sustainability Topics Critical to Communities, Stakeholders, and Our Business TORONTO , June 4, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is pleased to announce the publication of its 2024 Sustainability Report. New Gold has published an annual Sustainability Report since 2015, reporting on the sustainability-related material topics that matter most to communities, stakeholders and our business.
Positive
Zacks Investment Research
2 weeks ago
Has New Gold (NGD) Outpaced Other Basic Materials Stocks This Year?
Here is how New Gold (NGD) and Centerra Gold Inc. (CGAU) have performed compared to their sector so far this year.
Positive
Zacks Investment Research
2 weeks ago
New Gold (NGD) is an Incredible Growth Stock: 3 Reasons Why
New Gold (NGD) could produce exceptional returns because of its solid growth attributes.
Positive
Zacks Investment Research
2 weeks ago
Is It Worth Investing in New Gold (NGD) Based on Wall Street's Bullish Views?
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Positive
Seeking Alpha
2 weeks ago
New Gold: High Gold Prices, And High Potential
New Gold is well-positioned for a strong second half of 2025, driven by higher-grade ore at Rainy River and C-Zone ramp-up at New Afton. The acquisition of the remaining 19.99% free cash flow stake in New Afton and ongoing exploration enhance future cash flow and mine life. Despite a weaker Q1, higher gold prices, improved production outlook, and Tier 1 Canadian assets support a fair valuation and justify a buy rating.
Positive
Zacks Investment Research
3 weeks ago
New Gold Inc. (NGD) Hits Fresh High: Is There Still Room to Run?
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.
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