The stock of New Gold Inc (AMEX:NGD) last traded at $3.71, up 3.06% from the previous session.
NGD stock price is now 22.74% away from the 50-day moving average and 38.40% away from the 200-day moving average. The market capitalization of the company currently stands at $2.94B.
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With the price target enhanced from $2.60 to $3.90, BofA Securities Upgraded its rating from Underperform to Buy for New Gold Inc (AMEX: NGD). , while ‘TD Securities’ rates the stock as ‘Hold’
A total of 3.91% of the company’s stock is owned by insiders.
During the past 12 months, New Gold Inc has had a low of $1.66 and a high of $3.78. As of last week, the company has a debt-to-equity ratio of 0.38, a current ratio of 1.39, and a quick ratio of 0.79. According to the stock market information, the enterprise value for the company is $3225123072, which is based on a 29.75 price-to-earnings ratio, a 0.60 price-to-earnings-growth ratio, and a beta of 0.93. The fifty day moving average price for NGD is $3.0226 and a two-hundred day moving average price translates $2.6807 for the stock.
The latest earnings results from New Gold Inc (AMEX: NGD) was released for 2024-12-31. The net profit margin was 11.22% and return on equity was 11.14% for NGD. The company reported revenue of $262.2 million for the quarter, compared to $199.2 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 31.63 percent.
