New Gold Stock Today

NGD Stock  CAD 17.14  0.02  0.12%   

Performance

Solid

 
Weak
 
Strong

Odds Of Distress

Tiny

 
High
 
Low
New Gold is selling at 17.14 as of the 28th of January 2026; that is 0.12 percent increase since the beginning of the trading day. The stock's open price was 17.12. New Gold has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. The performance scores are derived for the period starting the 30th of October 2025 and ending today, the 28th of January 2026. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
New Gold Inc., an intermediate gold mining company, engages in the development and operation of mineral properties. It also holds 100 percent interests in the Blackwater gold-silver project located in British Columbia, Canada and operates the Cerro San Pedro gold-silver mine in Mexico. The company has 791.73 M outstanding shares of which 10.65 M shares are now shorted by private and institutional investors with about 3.66 days to cover all short positions. More on New Gold

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New Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. New Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding New Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEORenaud Adams
Business ConcentrationMetals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
New Gold's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to New Gold's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
New Gold can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand New Gold's financial leverage. It provides some insight into what part of New Gold's total assets is financed by creditors.
Liquidity
New Gold cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. New Gold has accumulated 399.7 M in total debt with debt to equity ratio (D/E) of 1.33, which is about average as compared to similar companies. New Gold has a current ratio of 4.96, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist New Gold until it has trouble settling it off, either with new capital or with free cash flow. So, New Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like New Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for New to invest in growth at high rates of return. When we think about New Gold's use of debt, we should always consider it together with cash and equity.

Depreciation

193.57 Million
New Gold (NGD) is traded on Toronto Exchange in Canada and employs 30 people. New Gold is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 11.46 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate New Gold's market, we take the total number of its shares issued and multiply it by New Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. New Gold operates under Metals & Mining sector and is part of Materials industry. The entity has 791.73 M outstanding shares of which 10.65 M shares are now shorted by private and institutional investors with about 3.66 days to cover all short positions. New Gold has accumulated about 19.9 M in cash with 392.8 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.04.
Check New Gold Probability Of Bankruptcy
Ownership Allocation
New Gold maintains a total of 791.73 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. Consequently, these institutions are subject to different rules and regulations than regular investors in New Gold. Please watch out for any change in the institutional holdings of New Gold as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check New Ownership Details

New Gold Historical Income Statement

At this time, New Gold's Operating Income is very stable compared to the past year. As of the 28th of January 2026, EBIT is likely to grow to about 86 M, while Total Operating Expenses is likely to drop about 39.8 M. View More Fundamentals

New Stock Against Markets

New Stock Analysis Notes

About 69.0% of the company shares are owned by institutional investors. 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 development and operation of mineral properties. It also holds 100 percent interests in the Blackwater gold-silver project located in British Columbia, Canada and operates the Cerro San Pedro gold-silver mine in Mexico. NEW GOLD operates under Gold classification in Canada and is traded on Toronto Stock Exchange. It employs 1337 people. To find out more about New Gold contact Renaud Adams at 416 324 6000 or learn more at https://www.newgold.com.

New Gold Investment Alerts

New Gold appears to be risky and price may revert if volatility continues
New Gold is unlikely to experience financial distress in the next 2 years
About 69.0% of the company shares are owned by institutional investors
Latest headline from news.google.com: New Gold and Coeur Shareholders Back All-Stock Deal to Create North American Precious Metals Player - TipRanks

New Largest EPS Surprises

Earnings surprises can significantly impact New Gold's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2025-02-11
2024-12-310.06060.070.009415 
2025-07-28
2025-06-300.10.110.0110 
2024-04-30
2024-03-310.010.020.01100 
View All Earnings Estimates

New Market Capitalization

The company currently falls under 'Large-Cap' category with a current market capitalization of 11.46 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate New Gold's market, we take the total number of its shares issued and multiply it by New Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

New Profitablity

New Gold's profitability indicators refer to fundamental financial ratios that showcase New Gold's ability to generate income relative to its revenue or operating costs. If, let's say, New Gold is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, New Gold's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of New Gold's profitability requires more research than a typical breakdown of New Gold's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.2 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.5 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.5.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.05  0.05 
Return On Capital Employed 0.09  0.10 
Return On Assets 0.05  0.05 
Return On Equity 0.11  0.12 

Management Efficiency

New Gold has return on total asset (ROA) of 0.1283 % which means that it generated a profit of $0.1283 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.2229 %, meaning that it generated $0.2229 on every $100 dollars invested by stockholders. New Gold's management efficiency ratios could be used to measure how well New Gold manages its routine affairs as well as how well it operates its assets and liabilities. As of the 28th of January 2026, Return On Tangible Assets is likely to grow to 0.05. Also, Return On Capital Employed is likely to grow to 0.1. At this time, New Gold's Return On Tangible Assets are very stable compared to the past year. As of the 28th of January 2026, Fixed Asset Turnover is likely to grow to 0.52, while Total Assets are likely to drop about 2 B.
Last ReportedProjected for Next Year
Book Value Per Share 1.26  2.36 
Tangible Book Value Per Share 1.26  2.36 
Enterprise Value Over EBITDA 5.86  6.15 
Price Book Value Ratio 2.04  1.94 
Enterprise Value Multiple 5.86  6.15 
Price Fair Value 2.04  1.94 
Enterprise ValueB1.1 B
Leadership effectiveness at New Gold is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Operating Margin
0.5016
Profit Margin
0.2007
Beta
1.55
Return On Assets
0.1283
Return On Equity
0.2229

Technical Drivers

As of the 28th of January, New Gold secures the Downside Deviation of 2.72, risk adjusted performance of 0.211, and Mean Deviation of 2.89. 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.

New Gold Price Movement Analysis

Transformation
The output start index for this execution was zero with a total number of output elements of sixty-one. New Gold Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe New Gold price patterns.

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 Predictive Daily Indicators

New Gold intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of New Gold stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

New Gold Forecast Models

New Gold's time-series forecasting models are one of many New Gold's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary New Gold's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Be your own money manager

Our tools can tell you how much better you can do entering a position in New Gold without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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New Gold Corporate Directors

Gillian DavidsonNon-Executive Independent DirectorProfile
Margaret MulliganNon-Executive Independent DirectorProfile
Marilyn SchonbernerNon-Executive Independent DirectorProfile
James GowansNon-Executive Independent DirectorProfile
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 employment.
To learn how to invest in New Stock, please use our How to Invest in New Gold guide.
You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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.