New Gold Net Worth
New Gold Net Worth Breakdown | NGD |
New Gold Net Worth Analysis
New Gold's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including New Gold's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of New Gold's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform New Gold's net worth analysis. One common approach is to calculate New Gold's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares New Gold's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing New Gold's net worth. This approach calculates the present value of New Gold's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of New Gold's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate New Gold's net worth. This involves comparing New Gold's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into New Gold's net worth relative to its peers.
Enterprise Value |
|
To determine if New Gold is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding New Gold's net worth research are outlined below:
| New Gold had very high historical volatility over the last 90 days | |
| New Gold is unlikely to experience financial distress in the next 2 years | |
| About 62.0% of the company shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: New Gold Stock Price Up 5.2 percent Time to Buy |
New Gold uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in New Gold. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to New Gold's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
New Gold Target Price Consensus
New target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. New Gold's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 10 | Buy |
Most New analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand New stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of New Gold, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationNew Gold Target Price Projection
New Gold's current and average target prices are 3.19 and 3.37, respectively. The current price of New Gold is the price at which New Gold is currently trading. On the other hand, New Gold's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Target Price
Analyst Consensus On New Gold Target Price
Follow New Gold's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 2.52 B.Market Cap |
|
Project New Gold's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.05 | 0.05 | |
| Return On Capital Employed | 0.10 | 0.11 | |
| Return On Assets | 0.05 | 0.05 | |
| Return On Equity | 0.10 | 0.10 |
When accessing New Gold's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures New Gold's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of New Gold's profitability and make more informed investment decisions.
Please note, the presentation of New Gold's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, New Gold's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of New Gold's management manipulating its earnings.
Evaluate New Gold's management efficiency
New Gold has Return on Asset of 0.0518 % which means that on every $100 spent on assets, it made $0.0518 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1114 %, implying that it generated $0.1114 on every 100 dollars invested. New Gold's management efficiency ratios could be used to measure how well New Gold manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.05. The current year's Return On Capital Employed is expected to grow to 0.11. At present, New Gold's Other Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 17 M, whereas Non Current Assets Total are forecasted to decline to about 1.7 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.40 | 2.36 | |
| Tangible Book Value Per Share | 1.40 | 2.36 | |
| Enterprise Value Over EBITDA | 6.37 | 6.69 | |
| Price Book Value Ratio | 1.77 | 1.68 | |
| Enterprise Value Multiple | 6.37 | 6.69 | |
| Price Fair Value | 1.77 | 1.68 | |
| Enterprise Value | 1 B | 1.1 B |
At New Gold, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Enterprise Value Revenue 3.0361 | Revenue | Quarterly Revenue Growth 0.316 | Revenue Per Share | Return On Equity |
New Gold Corporate Filings
6K | 14th of March 2025 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 7th of March 2025 Other Reports | ViewVerify | |
| 24th of February 2025 Other Reports | ViewVerify | |
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
New Gold Earnings Estimation Breakdown
The calculation of New Gold's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of New Gold is estimated to be 0.065 with the future projection ranging from a low of 0.04 to a high of 0.0952. Please be aware that this consensus of annual earnings estimates for New Gold is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
0.04 Lowest | Expected EPS | 0.1 Highest |
New Gold Earnings Projection Consensus
Suppose the current estimates of New Gold's value are higher than the current market price of the New Gold stock. In this case, investors may conclude that New Gold is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and New Gold's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 30th of June 2025 | Current EPS (TTM) | |
| 10 | 67.29% | 0.02 | 0.065 | 0.14 |
New Gold Earnings per Share Projection vs Actual
Actual Earning per Share of New Gold refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering New Gold predict the company's earnings will be in the future. The higher the earnings per share of New Gold, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.New Gold Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as New Gold, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of New Gold should always be considered in relation to other companies to make a more educated investment decision.New Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact New Gold's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2025-02-11 | 2024-12-31 | 0.0606 | 0.07 | 0.0094 | 15 | ||
2024-10-29 | 2024-09-30 | 0.04 | 0.08 | 0.04 | 100 | ||
2024-07-30 | 2024-06-30 | 0.02 | 0.02 | 0.0 | 0 | ||
2024-04-30 | 2024-03-31 | 0.01 | 0.02 | 0.01 | 100 | ||
2024-02-13 | 2023-12-31 | 0.02 | -0.01 | -0.03 | 150 | ||
2023-10-25 | 2023-09-30 | 0.03 | 0.03 | 0.0 | 0 | ||
2023-07-26 | 2023-06-30 | 0.02 | 0.02 | 0.0 | 0 | ||
2023-04-26 | 2023-03-31 | 0.01 | 0.03 | 0.02 | 200 | ||
2023-02-16 | 2022-12-31 | -0.01 | -0.01 | 0.0 | 0 | ||
2022-11-03 | 2022-09-30 | -0.01 | -0.02 | -0.01 | 100 | ||
2022-08-04 | 2022-06-30 | -0.02 | -0.02 | 0.0 | 0 | ||
2022-05-02 | 2022-03-31 | 0.02 | 0.02 | 0.0 | 0 | ||
2022-02-23 | 2021-12-31 | 0.04 | 0.04 | 0.0 | 0 | ||
2021-11-12 | 2021-09-30 | 0.02 | 0.03 | 0.01 | 50 | ||
2021-08-11 | 2021-06-30 | 0.03 | 0.04 | 0.01 | 33 | ||
2021-05-05 | 2021-03-31 | 0.02 | 0.01 | -0.01 | 50 | ||
2021-02-18 | 2020-12-31 | 0.03 | 0.04 | 0.01 | 33 | ||
2020-11-05 | 2020-09-30 | -0.01 | 0.02 | 0.03 | 300 | ||
2020-07-30 | 2020-06-30 | -0.03 | -0.0049 | 0.0251 | 83 | ||
2020-04-29 | 2020-03-31 | -0.02 | -0.03 | -0.01 | 50 | ||
2020-02-13 | 2019-12-31 | -0.04 | -0.04 | 0.0 | 0 | ||
2019-11-06 | 2019-09-30 | -0.0067 | -0.02 | -0.0133 | 198 | ||
2019-08-01 | 2019-06-30 | -0.01 | -0.01 | 0.0 | 0 | ||
2019-04-25 | 2019-03-31 | -0.02 | -0.0231 | -0.0031 | 15 | ||
2019-02-14 | 2018-12-31 | -0.01 | 0.04 | 0.05 | 500 | ||
2018-10-24 | 2018-09-30 | -0.02 | -0.01 | 0.01 | 50 | ||
2018-07-25 | 2018-06-30 | 0.01 | -0.0019 | -0.0119 | 119 | ||
2018-04-25 | 2018-03-31 | 0.01 | -0.03 | -0.04 | 400 | ||
2018-02-20 | 2017-12-31 | 0.01 | 0.06 | 0.05 | 500 | ||
2017-10-25 | 2017-09-30 | 0.01 | 0.01 | 0.0 | 0 | ||
2017-07-26 | 2017-06-30 | 0.03 | 0.02 | -0.01 | 33 | ||
2017-04-26 | 2017-03-31 | 0.01 | 0.02 | 0.01 | 100 | ||
2017-02-15 | 2016-12-31 | 0.01 | -0.0045 | -0.0145 | 145 | ||
2016-10-27 | 2016-09-30 | 0.02 | 0.03 | 0.01 | 50 | ||
2016-07-27 | 2016-06-30 | 0.0039 | 0.03 | 0.0261 | 669 | ||
2016-04-27 | 2016-03-31 | -0.0034 | 0.0525 | 0.0559 | 1644 | ||
2016-02-17 | 2015-12-31 | 0.01 | 0.01 | 0.0 | 0 | ||
2015-10-28 | 2015-09-30 | 0 | -0.02 | -0.02 | 0 | ||
2015-07-28 | 2015-06-30 | -0.01 | 0.0184 | 0.0284 | 284 | ||
2015-04-29 | 2015-03-31 | 0.01 | -0.01 | -0.02 | 200 | ||
2015-02-19 | 2014-12-31 | 0.01 | 0.03 | 0.02 | 200 | ||
2014-10-30 | 2014-09-30 | 0.02 | 0.01 | -0.01 | 50 | ||
2014-07-31 | 2014-06-30 | 0.02 | 0.02 | 0.0 | 0 | ||
2014-04-30 | 2014-03-31 | 0.02 | 0.04 | 0.02 | 100 | ||
2014-02-27 | 2013-12-31 | 0.03 | 0.04 | 0.01 | 33 | ||
2013-10-29 | 2013-09-30 | 0.04 | 0.04 | 0.0 | 0 | ||
2013-07-31 | 2013-06-30 | 0.05 | 0.01 | -0.04 | 80 | ||
2013-05-01 | 2013-03-31 | 0.09 | 0.04 | -0.05 | 55 | ||
2013-02-28 | 2012-12-31 | 0.12 | 0.11 | -0.01 | 8 | ||
2012-11-01 | 2012-09-30 | 0.1 | 0.09 | -0.01 | 10 | ||
2012-08-01 | 2012-06-30 | 0.09 | 0.1 | 0.01 | 11 | ||
2012-05-02 | 2012-03-31 | 0.1 | 0.1 | 0.0 | 0 | ||
2012-03-01 | 2011-12-31 | 0.1 | 0.09 | -0.01 | 10 | ||
2011-11-08 | 2011-09-30 | 0.11 | 0.11 | 0.0 | 0 | ||
2011-08-03 | 2011-06-30 | 0.12 | 0.12 | 0.0 | 0 | ||
2011-05-04 | 2011-03-31 | 0.12 | 0.12 | 0.0 | 0 | ||
2011-03-03 | 2010-12-31 | 0.13 | 0.09 | -0.04 | 30 | ||
2010-11-04 | 2010-09-30 | 0.07 | 0.09 | 0.02 | 28 | ||
2010-08-05 | 2010-06-30 | 0.05 | 0.03 | -0.02 | 40 | ||
2010-05-06 | 2010-03-31 | 0.04 | 0.04 | 0.0 | 0 | ||
2010-03-04 | 2009-12-31 | 0.06 | -0.01 | -0.07 | 116 | ||
2009-11-03 | 2009-09-30 | 0.02 | 0.02 | 0.0 | 0 | ||
2009-08-06 | 2009-06-30 | 0.01 | 0.04 | 0.03 | 300 | ||
2009-05-12 | 2009-03-31 | 0.02 | 0.02 | 0.0 | 0 | ||
2009-03-17 | 2008-12-31 | -0.06 | -0.05 | 0.01 | 16 | ||
2008-11-12 | 2008-09-30 | 0.01 | -0.04 | -0.05 | 500 | ||
2007-08-08 | 2007-06-30 | -0.01 | -0.08 | -0.07 | 700 | ||
2007-03-29 | 2006-12-31 | -0.02 | -0.02 | 0.0 | 0 | ||
2006-11-15 | 2006-09-30 | 0 | -0.03 | -0.03 | 0 |
New Gold Corporate Directors
| Gillian Davidson | Non-Executive Independent Director | Profile | |
| Margaret Mulligan | Non-Executive Independent Director | Profile | |
| Marilyn Schonberner | Non-Executive Independent Director | Profile | |
| James Gowans | Non-Executive Independent Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Gold. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For information on how to trade New Stock refer to our How to Trade New Stock guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of New Gold. If investors know New will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about New Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.14 | Revenue Per Share | Quarterly Revenue Growth 0.316 | Return On Assets | Return On Equity |
The market value of New Gold is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New Gold's value that differs from its market value or its book value, called intrinsic value, which is New Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because New Gold's market value can be influenced by many factors that don't directly affect New Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between New Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if New Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.