New Gold Inc (AMEX:NGD) currently has a daily average trading volume of 13.03M but it saw 20745325 shares traded in last market. With a market cap of 2.44B USD, the company’s current market price of $3.08 came rising about 2.67 while comparing to the previous closing price of $3.00. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.25 and as low as $1.52. In the recent trading on the day, stock has struck highest price mark of $2.9606 while lowest mark touched by it was $3.12.
Taking a look at 20-day trading activity of New Gold Inc (NGD) gives us an average price of $2.86, while its current price level is -5.23% below from 52-week high level whereas it is 102.63% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.82 while that of 200 days or SMA-200 reads an average of $2.59. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.16% during that period while stretching the period over a month that increases to 5.26%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 59.67 which implies that the stock is in neutral territory.
Over the week, NGD’s stock price is moving 9.22% up while it is -1.91% when we observe its performance for the past one month. Year-to-date it is 24.19% up and over the past year, the stock is showing an upside performance of 105.33%.
The company is expected to be releasing its next quarterly report on 2025-Feb-18, for which analysts forecasted an EPS of -0.0 while estimate for next year EPS is 0.32. In next quarter, company is expected to be making quarterly sales of $263.46M as analysts are expecting the sales for current fiscal year at $1.14B and seeing the company making $1.64B in sales next year. Moreover, analysts are in estimates of $260.56M for current-quarter revenue.
Currently, New Gold Inc’s total number of outstanding shares is 790.93M with 3.75% of that held by the insiders while 62.36% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 7.07% and return on equity (ROE) at 11.14%. It has a price to earnings ratio (P/E ratio) of 24.70 while having a 4.91 of forward P/E ratio. Stock’s beta reads 1.05. Stock has a price to book (P/B) ratio of 2.31 while price to sale or P/S ratio amounts to 2.67. Its return on asset (ROA) is 4.78% on average.
