New Gold Net Income

NGD Stock  USD 9.95  0.08  0.80%   
As of the 2nd of February, New Gold secures the Mean Deviation of 3.18, risk adjusted performance of 0.1381, and Downside Deviation of 4.32. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of New Gold, as well as the relationship between them. Please verify New Gold value at risk, as well as the relationship between the semi variance and kurtosis to decide if New Gold is priced some-what accurately, providing market reflects its recent price of 9.95 per share. Given that New Gold has jensen alpha of 0.6706, we recommend you to check New Gold's last-minute market performance to make sure the company can sustain itself at a future point.

New Gold Total Revenue

1.12 Billion

New Gold's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing New Gold's valuation are provided below:
Gross Profit
784.2 M
Profit Margin
0.2007
Market Capitalization
8.3 B
Enterprise Value Revenue
7.9068
Revenue
1.2 B
There are over one hundred nineteen available fundamental ratios for New Gold, which can be analyzed over time and compared to other ratios. Investors should ensure to check all of New Gold's last-minute performance against the performance from 2010 to 2026 to make sure the company is sustainable down the road. The current year's Enterprise Value is expected to grow to about 1.1 B, whereas Market Cap is forecasted to decline to about 340.1 M. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
Last ReportedProjected for Next Year
Net Income92.3 M97 M
Net Income From Continuing Ops92.3 M97 M
Net Income Applicable To Common Shares92.3 M97 M
Net Income Per Share 0.14  0.16 
Net Income Per E B T 1.42  1.14 
At present, New Gold's Net Income From Continuing Ops is projected to increase significantly based on the last few years of reporting. The current year's Net Income Applicable To Common Shares is expected to grow to about 97 M, whereas Net Income Per E B T is forecasted to decline to 1.14.
  
Build AI portfolio with New Stock
Analyzing New Gold's Net Income over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Net Income has evolved provides context for assessing New Gold's current valuation and future prospects.

Latest New Gold's Net Income Growth Pattern

Below is the plot of the Net Income of New Gold over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in New Gold financial statement analysis. It represents the amount of money remaining after all of New Gold operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is New Gold's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in New Gold's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 102.6 M10 Years Trend
Pretty Stable
   Net Income   
       Timeline  

New Net Income Regression Statistics

Arithmetic Mean(98,489,120)
Geometric Mean71,108,311
Coefficient Of Variation(339.99)
Mean Deviation201,288,753
Median(64,500,000)
Standard Deviation334,854,585
Sample Variance112127.6T
Range1.4B
R-Value0.10
Mean Square Error118356.3T
R-Squared0.01
Significance0.70
Slope6,769,511
Total Sum of Squares1794041.5T

New Net Income History

202697 M
202592.3 M
2024102.6 M
2023-64.5 M
2022-66.8 M
2021140.6 M
2020-79.3 M

Other Fundumenentals of New Gold

New Gold Net Income component correlations

New Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for New Gold is extremely important. It helps to project a fair market value of New Stock properly, considering its historical fundamentals such as Net Income. Since New Gold's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of New Gold's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of New Gold's interrelated accounts and indicators.
Will Metals & Mining sector continue expanding? Could New diversify its offerings? Factors like these will boost the valuation of New Gold. Anticipated expansion of New directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every New Gold data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
2.75
Earnings Share
0.32
Revenue Per Share
1.569
Quarterly Revenue Growth
0.835
Return On Assets
0.1283
Investors evaluate New Gold using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating New Gold's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause New Gold's market price to deviate significantly from intrinsic value.
It's important to distinguish between New Gold's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding New Gold should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, New Gold's market price signifies the transaction level at which participants voluntarily complete trades.

New Gold 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to New Gold's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of New Gold.
0.00
11/04/2025
No Change 0.00  0.0 
In 3 months and 1 day
02/02/2026
0.00
If you would invest  0.00  in New Gold on November 4, 2025 and sell it all today you would earn a total of 0.00 from holding New Gold or generate 0.0% return on investment in New Gold over 90 days. New Gold is related to or competes with Mosaic, Hennessy Capital, Armanino Foods, Kodiak Sciences, KinderCare Learning, Oncolytics Biotech, and Sila Realty. New Gold Inc., an intermediate gold mining company, engages in the exploration, development, and operation of mineral pr... More

New Gold Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure New Gold's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess New Gold upside and downside potential and time the market with a certain degree of confidence.

New Gold Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for New Gold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as New Gold's standard deviation. In reality, there are many statistical measures that can use New Gold historical prices to predict the future New Gold's volatility.
Hype
Prediction
LowEstimatedHigh
5.389.6113.84
Details
Intrinsic
Valuation
LowRealHigh
5.7910.0214.25
Details
Naive
Forecast
LowNextHigh
5.9710.2014.42
Details
10 Analysts
Consensus
LowTargetHigh
8.199.009.99
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as New Gold. Your research has to be compared to or analyzed against New Gold's peers to derive any actionable benefits. When done correctly, New Gold's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in New Gold.

New Gold February 2, 2026 Technical Indicators

New Gold Backtested Returns

New Gold appears to be somewhat reliable, given 3 months investment horizon. New Gold has Sharpe Ratio of 0.18, which conveys that the firm had a 0.18 % return per unit of risk over the last 3 months. By analyzing New Gold's technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please exercise New Gold's Downside Deviation of 4.32, risk adjusted performance of 0.1381, and Mean Deviation of 3.18 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, New Gold holds a performance score of 14. The company secures a Beta (Market Risk) of 2.31, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, New Gold will likely underperform. Please check New Gold's value at risk, kurtosis, price action indicator, as well as the relationship between the semi variance and rate of daily change , to make a quick decision on whether New Gold's current price movements will revert.

Auto-correlation

    
  0.57  

Modest predictability

New Gold has modest predictability. Overlapping area represents the amount of predictability between New Gold time series from 4th of November 2025 to 19th of December 2025 and 19th of December 2025 to 2nd of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of New Gold price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current New Gold price fluctuation can be explain by its past prices.
Correlation Coefficient0.57
Spearman Rank Test0.65
Residual Average0.0
Price Variance1.84
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

New Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(29.48 Million)

At present, New Gold's Accumulated Other Comprehensive Income is projected to decrease significantly based on the last few years of reporting.
Based on the recorded statements, New Gold reported net income of 102.6 M. This is 952.56% lower than that of the Metals & Mining sector and 174.01% lower than that of the Materials industry. The net income for all United States stocks is 82.03% higher than that of the company.

New Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses New Gold's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of New Gold could also be used in its relative valuation, which is a method of valuing New Gold by comparing valuation metrics of similar companies.
New Gold is currently under evaluation in net income category among its peers.

New Gold ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, New Gold's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to New Gold's managers, analysts, and investors.
Environmental
Governance
Social

New Fundamentals

About New Gold Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze New Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New Gold based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether New Gold is a strong investment it is important to analyze New Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact New Gold's future performance. For an informed investment choice regarding New Stock, refer to the following important reports:
Check out
For information on how to trade New Stock refer to our How to Trade New Stock guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Will Metals & Mining sector continue expanding? Could New diversify its offerings? Factors like these will boost the valuation of New Gold. Anticipated expansion of New directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every New Gold data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
2.75
Earnings Share
0.32
Revenue Per Share
1.569
Quarterly Revenue Growth
0.835
Return On Assets
0.1283
Investors evaluate New Gold using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating New Gold's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause New Gold's market price to deviate significantly from intrinsic value.
It's important to distinguish between New Gold's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding New Gold should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, New Gold's market price signifies the transaction level at which participants voluntarily complete trades.