New Gold Ownership

NGD Stock  USD 3.04  0.15  5.19%   
New Gold maintains a total of 790.9 Million outstanding shares. Over half of New Gold's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Please note that on November 21, 2024, Representative Debbie Wasserman Schultz of US Congress acquired under $15k worth of New Gold's common stock.
 
Shares in Circulation  
First Issued
1997-09-30
Previous Quarter
744.9 M
Current Value
796.1 M
Avarage Shares Outstanding
328 M
Quarterly Volatility
278.1 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For information on how to trade New Stock refer to our How to Trade New Stock guide.

New Stock Ownership Analysis

About 63.0% of the company shares are owned by institutional investors. The book value of New Gold was now reported as 1.26. The company had not issued any dividends in recent years. New Gold had 1:3 split on the 25th of July 2002. New Gold Inc., an intermediate gold mining company, engages in the exploration, development, and operation of mineral properties. The company was incorporated in 1980 and is headquartered in Toronto, Canada. New Gold is traded on AMEX Exchange in the United States. To find out more about New Gold contact Renaud Adams at 416 324 6000 or learn more at https://www.newgold.com.
Besides selling stocks to institutional investors, New Gold also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different New Gold's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align New Gold's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.

New Gold Quarterly Liabilities And Stockholders Equity

1.98 Billion

Roughly 4.0% of New Gold are currently held by insiders. Unlike New Gold's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against New Gold's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of New Gold's insider trades

New Gold's latest congressional trading

Congressional trading in companies like New Gold, is subject to rigorous scrutiny to prevent conflicts of interest and insider trading. This is governed by multiple SEC regulations which were established to foster transparency and deter members of Congress from leveraging non-public information for personal gain. This oversight helps maintain public trust and ensures that investments in New Gold by those in governmental positions are based on the same information available to the general public.
2024-11-21Representative Debbie Wasserman SchultzAcquired Under $15KVerify
2024-11-20Representative Debbie Wasserman SchultzAcquired Under $15KVerify

New Gold Outstanding Bonds

New Gold issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. New Gold uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most New bonds can be classified according to their maturity, which is the date when New Gold has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

New Gold Corporate Filings

6K
13th of January 2025
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
13A
14th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
26th of June 2024
Other Reports
ViewVerify
15th of May 2024
Other Reports
ViewVerify

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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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
For information on how to trade New Stock refer to our How to Trade New Stock guide.
You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of New Gold. If investors know New will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about New Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.02
Revenue Per Share
1.187
Quarterly Revenue Growth
0.252
Return On Assets
0.0297
Return On Equity
0.0214
The market value of New Gold is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New Gold's value that differs from its market value or its book value, called intrinsic value, which is New Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because New Gold's market value can be influenced by many factors that don't directly affect New Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between New Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if New Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.