On Monday, New Gold Inc (AMEX: NGD) was unchanged from the session before settling in for the closing price of $2.65. A 52-week range for NGD has been $0.86 – $2.73.
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It was noted that within the last five years, the titan of the Basic Materials sector saw sales topped by 6.76%. When this article was written, the company’s average yearly earnings per share was at 116.36%. With a float of $751.55 million, this company’s outstanding shares have now reached $790.60 million.
The extent of productivity of a business whose workforce counts for 1542 workers is very important to gauge. In terms of profitability, gross margin is 11.02%, operating margin of 6.92%, and the pretax margin is -5.45%.
New Gold Inc (NGD) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward New Gold Inc stocks. The insider ownership of New Gold Inc is 4.94%, while institutional ownership is 52.09%.
New Gold Inc (NGD) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.03 earnings per share (EPS) during the time that was better than consensus figure (set at 0.03) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 116.36% per share during the next fiscal year.
New Gold Inc (AMEX: NGD) Trading Performance Indicators
You can see what New Gold Inc (NGD) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.98. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.60. Likewise, its price to free cash flow for the trailing twelve months is 62.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.04, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.29 in one year’s time.
Technical Analysis of New Gold Inc (NGD)
The latest stats from [New Gold Inc, NGD] show that its last 5-days average volume of 7.96 million was superior to 7.67 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 80.92%. Additionally, its Average True Range was 0.12.
During the past 100 days, New Gold Inc’s (NGD) raw stochastic average was set at 92.52%, which indicates a significant increase from 88.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.09% in the past 14 days, which was lower than the 55.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.22, while its 200-day Moving Average is $1.72. Now, the first resistance to watch is $2.69. This is followed by the second major resistance level at $2.72. The third major resistance level sits at $2.75. If the price goes on to break the first support level at $2.62, it is likely to go to the next support level at $2.59. The third support level lies at $2.55 if the price breaches the second support level.
New Gold Inc (AMEX: NGD) Key Stats
There are 790,536K outstanding shares of the company, which has a market capitalization of 2.10 billion. As of now, sales total 786,500 K while income totals -64,500 K. Its latest quarter income was 218,200 K while its last quarter net income were 53,100 K.
