New Gold Inc (AMEX: NGD) on Monday, plunged -7.66% from the previous trading day, before settling in for the closing price of $2.74. Within the past 52 weeks, NGD’s price has moved between $1.09 and $3.25.
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Basic Materials Sector giant saw their annual sales surged by 6.76% over the last five years. The company achieved an average annual earnings per share of 170.42%. With a float of $751.85 million, this company’s outstanding shares have now reached $790.90 million.
The firm has a total of 1542 workers. Let’s measure their productivity. In terms of profitability, gross margin is 16.31%, operating margin of 11.12%, and the pretax margin is -1.5%.
New Gold Inc (NGD) Insider Activity
Observing investor behavior towards Gold industry stocks is more important than anything else. The insider ownership of New Gold Inc is 4.94%, while institutional ownership is 52.87%.
New Gold Inc (NGD) Earnings and Forecasts
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.01 earnings per share (EPS) for the period falling under the consensus outlook (set at 0.02) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 170.42% per share during the next fiscal year.
New Gold Inc (AMEX: NGD) Trading Performance Indicators
New Gold Inc (NGD) is currently performing well based on its current performance indicators. A quick ratio of 0.84 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.18. Likewise, its price to free cash flow for the trailing twelve months is 39.77.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.02, a number that is poised to hit 0.07 in the next quarter and is forecasted to reach 0.33 in one year’s time.
Technical Analysis of New Gold Inc (NGD)
Analysing the last 5-days average volume posted by the [New Gold Inc, NGD], we can find that recorded value of 12.08 million was better than the volume posted last year of 8.23 million. As of the previous 9 days, the stock’s Stochastic %D was 38.71%. Additionally, its Average True Range was 0.14.
During the past 100 days, New Gold Inc’s (NGD) raw stochastic average was set at 46.27%, which indicates a significant increase from 9.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 44.71% in the past 14 days, which was lower than the 52.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.83, while its 200-day Moving Average is $2.11. Now, the first resistance to watch is $2.65. This is followed by the second major resistance level at $2.76. The third major resistance level sits at $2.85. If the price goes on to break the first support level at $2.45, it is likely to go to the next support level at $2.36. Should the price break the second support level, the third support level stands at $2.25.
New Gold Inc (AMEX: NGD) Key Stats
Market capitalization of the company is 2.70 billion based on 790,901K outstanding shares. Right now, sales total 786,500 K and income totals -64,500 K. The company made 252,000 K in profit during its latest quarter, and 37,900 K in sales during its previous quarter.
