New Gold Inc (NGD) poses a Brand-New Opportunity for Investors with beta value of 1.31

Witnessing the stock’s movement on the chart, on Thursday, New Gold Inc (AMEX: NGD) remained unchanged to $2.92, before settling in for the price of $2.92 at the close. Taking a more long-term approach, NGD posted a 52-week range of $1.03-$3.25.

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It was noted that the giant of the Basic Materials sector posted annual sales growth of 6.76% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 46.46%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 136.04%. This publicly-traded company’s shares outstanding now amounts to $790.60 million, simultaneously with a float of $751.56 million. The organization now has a market capitalization sitting at $2.31 billion. At the time of writing, stock’s 50-day Moving Average stood at $2.79, while the 200-day Moving Average is $2.02.

New Gold Inc (NGD) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Gold industry. New Gold Inc’s current insider ownership accounts for 4.94%, in contrast to 52.09% institutional ownership.

New Gold Inc (NGD) Earnings and Revenue Records

New Gold Inc’s EPS increase for this current 12-month fiscal period is 136.04% and is forecasted to reach 0.34 in the upcoming year.

New Gold Inc (AMEX: NGD) Trading Performance Indicators

Let’s observe the current performance indicators for New Gold Inc (NGD). It’s Quick Ratio in the last reported quarter now stands at 0.98. The Stock has managed to achieve an average true range (ATR) of 0.12. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.87. Similarly, its price to free cash flow for trailing twelve months is now 68.89.

In the same vein, NGD’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.04, a figure that is expected to reach 0.04 in the next quarter, and analysts are predicting that it will be 0.34 at the market close of one year from today.

Technical Analysis of New Gold Inc (NGD)

Going through the that latest performance of [New Gold Inc, NGD]. Its last 5-days volume of 9.41 million indicated improvement to the volume of 8.06 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 54.17% While, its Average True Range was 0.12.

Raw Stochastic average of New Gold Inc (NGD) in the period of the previous 100 days is set at 75.56%, which indicates a major rise in contrast to 58.02% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 33.99% that was lower than 51.72% volatility it exhibited in the past 100-days period.