New Gold Stock Performance
| NGD Stock | USD 3.37 0.01 0.30% |
On a scale of 0 to 100, New Gold holds a performance score of 13. The company secures a Beta (Market Risk) of 0.37, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, New Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding New Gold is expected to be smaller as well. Please check New Gold's kurtosis, market facilitation index, and the relationship between the semi variance and rate of daily change , to make a quick decision on whether New Gold's current price movements will revert.
Risk-Adjusted Performance
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Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in New Gold are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of rather unfluctuating technical and fundamental indicators, New Gold exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 5.02 | Five Day Return 11.67 | Year To Date Return 27.86 | Ten Year Return (2.62) | All Time Return (42.74) |
Last Split Factor 1:3 | Last Split Date 2002-07-25 |
1 | FCUUF-Paladin Merger Cleared, Forms Leading Uranium Producer | 12/20/2024 |
2 | Should Value Investors Buy New Gold Stock | 01/16/2025 |
3 | New Gold Inc Announces Senior Management Change | 02/03/2025 |
4 | TomaGold Announces 2025 Exploration Campaign Plans for Its Chibougamau Camp Projects | 02/12/2025 |
5 | New Gold Q4 2024 Earnings Call Transcript | 02/20/2025 |
6 | Q4 2024 New Gold Inc Earnings Call Transcript | 02/21/2025 |
7 | New Gold Inc Announces Tender Offer for 7.50 percent Senior Notes Due 2027 | 03/04/2025 |
8 | New Gold Gains As Market Dips What You Should Know | 03/06/2025 |
9 | Is New Gold Inc. the Best Mining Penny Stock to Buy Now | 03/11/2025 |
10 | New Gold Stock Price Up 5.2 percent Time to Buy | 03/13/2025 |
| Begin Period Cash Flow | 185.5 M |
New |
New Gold Relative Risk vs. Return Landscape
If you would invest 252.00 in New Gold on December 18, 2024 and sell it today you would earn a total of 84.00 from holding New Gold or generate 33.33% return on investment over 90 days. New Gold is generating 0.5377% of daily returns assuming volatility of 3.1627% on return distribution over 90 days investment horizon. In other words, 28% of stocks are less volatile than New, and above 90% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
New Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for New Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as New Gold, and traders can use it to determine the average amount a New Gold's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.17
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Estimated Market Risk
| 3.16 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.54 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average New Gold is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of New Gold by adding it to a well-diversified portfolio.
New Gold Fundamentals Growth
New Stock prices reflect investors' perceptions of the future prospects and financial health of New Gold, and New Gold fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on New Stock performance.
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0518 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.29 % | ||||
| Current Valuation | 2.81 B | ||||
| Shares Outstanding | 791.3 M | ||||
| Price To Earning | 5.07 X | ||||
| Price To Book | 2.40 X | ||||
| Price To Sales | 2.73 X | ||||
| Revenue | 924.5 M | ||||
| Gross Profit | 488.2 M | ||||
| EBITDA | 339.1 M | ||||
| Net Income | 102.6 M | ||||
| Cash And Equivalents | 33.1 M | ||||
| Cash Per Share | 0.48 X | ||||
| Total Debt | 399.7 M | ||||
| Debt To Equity | 0.41 % | ||||
| Current Ratio | 2.81 X | ||||
| Book Value Per Share | 1.33 X | ||||
| Cash Flow From Operations | 392.8 M | ||||
| Earnings Per Share | 0.14 X | ||||
| Market Capitalization | 2.52 B | ||||
| Total Asset | 2 B | ||||
| Retained Earnings | (2.36 B) | ||||
| Working Capital | 77.5 M | ||||
| Current Asset | 614.6 M | ||||
| Current Liabilities | 147.3 M | ||||
About New Gold Performance
By analyzing New Gold's fundamental ratios, stakeholders can gain valuable insights into New Gold's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if New Gold has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if New Gold has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 63.36 | 96.82 | |
| 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 |
Things to note about New Gold performance evaluation
Checking the ongoing alerts about New Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for New Gold help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| New Gold appears to be risky and price may revert if volatility continues | |
| 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 |
- Analyzing New Gold's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether New Gold's stock is overvalued or undervalued compared to its peers.
- Examining New Gold's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating New Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of New Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of New Gold's stock. These opinions can provide insight into New Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for New Stock analysis
When running New Gold's price analysis, check to measure New Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy New Gold is operating at the current time. Most of New Gold's value examination focuses on studying past and present price action to predict the probability of New Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Gold's price. Additionally, you may evaluate how the addition of New Gold to your portfolios can decrease your overall portfolio volatility.
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