Ratings New Gold Inc. Nyse

Equities

NGD

CA6445351068

Market Closed - Nyse Other stock markets 21:00:00 17/05/2024 BST			5-day change	1st Jan Change
2.11 ^USD	+12.23%		+8.21%	+44.52%

05-17	New Gold Upgraded to Outperform at National Bank After Raising in Stake in the New Afton Mine; Price Target Raised to C$3.25	MT
05-17	New Gold Up 1.6% In US Premarket As Says Completed US$173 Million Bought Deal Financing	MT

Summary

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

Strengths

Growth progress expectations are rather promising. Indeed, sales are expected to rise sharply in the coming years.
The company's profit outlook over the next few years is a strong asset.
Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
The group's high margin levels account for strong profits.
Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects.
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 various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.
The company's earnings releases usually do not meet expectations.

Ratings chart - Surperformance

Sector: Gold

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
NEW GOLD INC.	+44.52%	1.68B		-
NEWMONT CORPORATION	+5.68%	50.41B		A-
AGNICO EAGLE MINES LIMITED	+27.82%	34.94B		B
BARRICK GOLD CORPORATION	+1.63%	31.39B		B+
WHEATON PRECIOUS METALS CORP.	+18.69%	25.86B		B
NORTHERN STAR RESOURCES LIMITED	+7.62%	11.28B		B
ANGLOGOLD ASHANTI PLC	+35.96%	10.6B		B-
KINROSS GOLD CORPORATION	+35.66%	9.83B		A-
ROYAL GOLD, INC.	+10.06%	8.75B		B-
POLYUS	-.--%	8.71B	-	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

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes