NGD:CA:TSX-New Gold Inc (CAD)

COMMON STOCK | Gold | TSX

Last Closing Price

CAD 1.69

Change

0.00 (0.00)%

Market Cap

CAD 1.15B

Volume

1.29M

Avg Analyst Target

CAD 2.60 (+53.68%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

New Gold Inc., an intermediate gold mining company, engages in the development and operation of mineral properties. It primarily explores for gold, silver, and copper deposits. The company's principal operating properties include 100% interests in the Rainy River gold-silver mine located in Ontario, Canada; and New Afton gold-copper mine located in British Columbia, Canada. It also operates the Cerro San Pedro gold-silver mine in San Luis Potosí, Mexico. The company is headquartered in Toronto, Canada. Address: Brookfield Place, Toronto, ON, Canada, M5J 2T3

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-10-16 )

Largest Industry Peers for Gold

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
NGT:CA Newmont Corporation

N/A

CAD56.68B 15.86 9.21
ABX:CA Barrick Gold Corporation

N/A

CAD42.10B 13.49 5.33
FNV:CA Franco-Nevada Corporation

N/A

CAD33.18B 39.53 30.81
WPM:CA Wheaton Precious Metals Corp

N/A

CAD22.85B 29.12 23.66
NCM:CA Newcrest Mining Ltd

N/A

CAD18.44B 12.74 7.02
AEM:CA Agnico Eagle Mines Limited

N/A

CAD17.40B 18.68 9.47
KL:CA Kirkland Lake Gold Ltd

N/A

CAD13.84B 13.19 7.91
K:CA Kinross Gold Corporation

N/A

CAD9.55B 5.97 3.73
EDV:CA Endeavour Mining plc

N/A

CAD7.87B 17.21 7.02
YRI:CA Yamana Gold Inc

N/A

CAD5.21B 25.79 4.69

ETFs Containing NGD:CA

Symbol Name Weight Mer Price(Change) Market Cap
GOGO:CA U.S. Global GO GOLD and P.. 0.00 % 0.68 %

N/A

CAD6.40M

Market Performance

  Market Performance vs.
Industry/Classification (Gold)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -39.64% 14% F 4% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -39.64% 16% F 4% F
Trailing 12 Months  
Capital Gain -37.64% 28% F 5% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -37.64% 28% F 5% F
Trailing 5 Years  
Capital Gain -67.18% 10% F 6% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -67.18% 10% F 5% F
Average Annual (5 Year Horizon)  
Capital Gain 3.06% 28% F 38% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 3.06% 24% F 28% F
Risk Return Profile  
Volatility (Standard Deviation) 64.05% 33% F 15% F
Risk Adjusted Return 4.77% 23% F 16% F
Market Capitalization 1.15B 64% D 68% D+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Gold)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 17.90 40% F 34% F
Price/Book Ratio 1.00 72% C- 75% C
Price / Cash Flow Ratio 3.90 51% F 68% D+
EV/EBITDA 5.69 50% F 75% C
Management Effectiveness  
Return on Equity -0.53% 42% F 31% F
Return on Invested Capital 5.22% 55% F 62% D-
Return on Assets 3.17% 54% F 61% D-
Debt to Equity Ratio 61.98% 20% F 46% F
Technical Ratios  
Short Ratio 7.57 17% F 17% F
Short Percent 2.07% 8% F 49% F
Beta 1.77 8% F 16% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector