New Gold Stock Today
| NGD Stock | CAD 4.39 0.24 5.78% |
Performance6 of 100
| Odds Of DistressLess than 14
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New Gold is selling at 4.39 as of the 31st of January 2025; that is 5.78 percent increase since the beginning of the trading day. The stock's open price was 4.15. New Gold has less than a 14 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. The performance scores are derived for the period starting the 1st of January 2025 and ending today, the 31st of January 2025. 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 790.9 M outstanding shares of which 13.59 M shares are now shorted by private and institutional investors with about 12.79 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.
| CEO | Renaud Adams | ||||
| Business Concentration | Metals & 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 LevelsNew 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.
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New Gold (NGD) is traded on Toronto Exchange in Canada and employs 28 people. New Gold is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.47 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 790.9 M outstanding shares of which 13.59 M shares are now shorted by private and institutional investors with about 12.79 days to cover all short positions.
New Gold has accumulated about 33.1 M in cash with 287.6 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.04.
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Ownership AllocationNew 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. 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.
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New Gold Risk Profiles
Although New Gold's alpha and beta are two of the key measurements used to evaluate New Gold's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.36 | |||
| Semi Deviation | 2.95 | |||
| Standard Deviation | 3.09 | |||
| Variance | 9.57 |
New Stock Against Markets
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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.Did you try this?
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| All Next | Launch Module |
New Gold Corporate Directors
| Gillian Davidson | Non-Executive Independent Director | Profile | |
| Margaret Mulligan | Non-Executive Independent Director | Profile | |
| Marilyn Schonberner | Non-Executive Independent Director | Profile | |
| James Gowans | Non-Executive Independent Director | Profile |
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 board of governors. To learn how to invest in New Stock, please use our How to Invest in New Gold guide.You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.