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New Gold Inc.TSX:NGD Stock Report

Market Cap CA$7.6b
Share Price
CA$9.58
My Fair Value
CA$11.6
17.4% undervalued intrinsic discount
1Y142.5%
7D-4.8%
Portfolio Value
View

New Gold Inc.

TSX:NGD Stock Report

Market Cap: CA$7.6b

New Gold (NGD) Stock Overview

An intermediate gold mining company, engages in the development and operation of mineral properties in Canada. More details

NGD fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance3/6
Financial Health4/6
Dividends0/6

NGD Community Fair Values

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See what 49 others think this stock is worth. Follow their fair value or set your own to get alerts.

New Gold Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for New Gold
Historical stock prices
Current Share PriceCA$9.58
52 Week HighCA$10.59
52 Week LowCA$3.43
Beta1.09
1 Month Change6.09%
3 Month Change57.57%
1 Year Change142.53%
3 Year Change678.86%
5 Year Change236.14%
Change since IPO19.15%

Recent News & Updates

What New Gold Inc.'s (TSE:NGD) 28% Share Price Gain Is Not Telling You

Sep 16
What New Gold Inc.'s (TSE:NGD) 28% Share Price Gain Is Not Telling You

Recent updates

What New Gold Inc.'s (TSE:NGD) 28% Share Price Gain Is Not Telling You

Sep 16
What New Gold Inc.'s (TSE:NGD) 28% Share Price Gain Is Not Telling You

New Gold (TSE:NGD) Has A Rock Solid Balance Sheet

Jul 06
New Gold (TSE:NGD) Has A Rock Solid Balance Sheet

What New Gold Inc.'s (TSE:NGD) 28% Share Price Gain Is Not Telling You

Jun 14
What New Gold Inc.'s (TSE:NGD) 28% Share Price Gain Is Not Telling You

New Gold Inc.'s (TSE:NGD) 33% Price Boost Is Out Of Tune With Revenues

Mar 28
New Gold Inc.'s (TSE:NGD) 33% Price Boost Is Out Of Tune With Revenues

Is New Gold (TSE:NGD) Using Too Much Debt?

Mar 17
Is New Gold (TSE:NGD) Using Too Much Debt?
User avatar

Early Project Milestones At Rainy River And Afton Will Strengthen Future Operations

Delivered key milestones ahead of schedule and increased stake at New Afton, enhancing asset value and future revenue share.

It's A Story Of Risk Vs Reward With New Gold Inc. (TSE:NGD)

Jan 29
It's A Story Of Risk Vs Reward With New Gold Inc. (TSE:NGD)

Is New Gold (TSE:NGD) A Risky Investment?

Nov 26
Is New Gold (TSE:NGD) A Risky Investment?

New Gold's (TSE:NGD) Shareholders Should Assess Earnings With Caution

Nov 05
New Gold's (TSE:NGD) Shareholders Should Assess Earnings With Caution

Shareholder Returns

NGDCA Metals and MiningCA Market
7D-4.8%-2.1%-1.7%
1Y142.5%72.4%18.8%

Return vs Industry: NGD exceeded the Canadian Metals and Mining industry which returned 72.4% over the past year.

Return vs Market: NGD exceeded the Canadian Market which returned 18.8% over the past year.

Price Volatility

Is NGD's price volatile compared to industry and market?
NGD volatility
NGD Average Weekly Movement5.3%
Metals and Mining Industry Average Movement12.5%
Market Average Movement9.4%
10% most volatile stocks in CA Market20.3%
10% least volatile stocks in CA Market3.0%

Stable Share Price: NGD has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: NGD's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aPat Godinwww.newgold.com

New Gold Inc., an intermediate gold mining company, engages in the development and operation 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. Fundamentals Summary

How do New Gold's earnings and revenue compare to its market cap?
NGD fundamental statistics
Market capCA$7.58b
Earnings (TTM)CA$203.40m
Revenue (TTM)CA$1.45b
37.3x
P/E Ratio
5.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NGD income statement (TTM)
RevenueUS$1.03b
Cost of RevenueUS$434.40m
Gross ProfitUS$597.30m
Other ExpensesUS$452.40m
EarningsUS$144.90m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

Oct 28, 2025

Earnings per share (EPS)0.18
Gross Margin57.89%
Net Profit Margin14.04%
Debt/Equity Ratio59.4%

How did NGD perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/14 13:14
End of Day Share Price 2025/10/10 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

New Gold Inc. is covered by 29 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Farooq HamedBarclays
Brian QuastBMO Capital Markets Equity Research
Lawson WinderBofA Global Research