In yesterday’s Wall Street session, New Gold Inc (AMEX:NGD) shares traded at $2.19, down -0.45% from the previous session.
NGD stock price is now 19.97% away from the 50-day moving average and 59.18% away from the 200-day moving average. The market capitalization of the company currently stands at $1.51B.
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, while ‘Scotiabank’ rates the stock as ‘Sector Outperform’
A total of 5.69% of the company’s stock is owned by insiders.
During the past 12 months, New Gold Inc has had a low of $0.86 and a high of $2.31. As of last week, the company has a debt-to-equity ratio of 0.55, a current ratio of 1.51, and a quick ratio of 0.89. The fifty day moving average price for NGD is $1.8352 and a two-hundred day moving average price translates $1.3819 for the stock.
The latest earnings results from New Gold Inc (AMEX: NGD) was released for 2024-03-31. The net profit margin was -9.81% and return on equity was -9.44% for NGD. The company reported revenue of $192.1 million for the quarter, compared to $201.6 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -4.71 percent.
New Gold Inc(NGD) Company Profile
New Gold Inc., an intermediate gold mining company, develops and operates of mineral properties in Canada. It primarily explores for gold, silver, and copper deposits. The company’s principal operating properties include 100% interest in the Rainy River mine located in Northwestern Ontario, Canada; and New Afton project situated in South-Central British Columbia. New Gold Inc. is headquartered in Toronto, Canada.
