Ratings New Gold Inc.

Equities

NGD

CA6445351068

Market Closed - Toronto S.E. Other stock markets 21:00:00 01/05/2024 BST			5-day change	1st Jan Change
2.61 ^CAD	+9.66%		+10.59%	+35.94%

05-01	New Gold Brief: National Bank Updated Its Estimates After New Gold Reported Q1 2024 Results; Its Target Price Moves Higher to C$3.25 (Prev. C$3.00) But a Sector Perform Rating Is Unchanged	MT
05-01	New Gold Keeps Its Rating and Price Target at Both RBC and National Bank After Reporting Q1 Results	MT

Summary

From a short-term investment perspective, the company presents a deteriorated fundamental situation

Strengths

Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
The company's attractive earnings multiples are brought to light by a P/E ratio at 15.87 for the current year.
Given the positive cash flows generated by its business, the company's valuation level is an asset.
Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
Over the past four months, analysts' average price target has been revised upwards significantly.

Weaknesses

For the last twelve months, the analysts covering the company have given a bearish overview of EPS estimates, resulting in frequent downward revisions.
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.
The price targets of analysts who cover the stock differ significantly. This implies difficulties in evaluating the company and its business.
Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Gold

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
NEW GOLD INC.	+35.94%	1.19B		B
NEWMONT CORPORATION	-1.96%	46.86B		A-
AGNICO EAGLE MINES LIMITED	+17.12%	31.54B		B
BARRICK GOLD CORPORATION	-5.93%	29.23B		B+
WHEATON PRECIOUS METALS CORP.	+11.44%	23.65B		B
NORTHERN STAR RESOURCES LIMITED	+7.99%	11.14B		B
ANGLOGOLD ASHANTI PLC	+25.52%	9.59B		B-
POLYUS	-.--%	8.47B	-	B-
KINROSS GOLD CORPORATION	+11.47%	7.94B		A-
ROYAL GOLD, INC.	-0.09%	7.9B		B-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes