On Friday, New Gold Inc (AMEX: NGD) opened lower -0.27% from the last session, before settling in for the closing price of $7.36. Price fluctuations for NGD have ranged from $2.43 to $7.61 over the past 52 weeks.
Company’s average yearly earnings per share was noted 191.50% at the time writing. With a float of $756.00 million, this company’s outstanding shares have now reached $791.71 million.
Let’s determine the extent of company efficiency that accounts for 1607 employees.
New Gold Inc (NGD) Insider Activity
A key investor’s attitude towards the stock of the Gold industry is another important factor to consider. The insider ownership of New Gold Inc is 4.51%, while institutional ownership is 56.58%.
New Gold Inc (NGD) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 12/31/2024, the company posted 0.07 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.06) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.29 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 191.50% per share during the next fiscal year.
New Gold Inc (AMEX: NGD) Trading Performance Indicators
Check out the current performance indicators for New Gold Inc (NGD). In the past quarter, the stock posted a quick ratio of 0.48. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.71. Likewise, its price to free cash flow for the trailing twelve months is 151.88.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.31, a number that is poised to hit 0.25 in the next quarter and is forecasted to reach 1.21 in one year’s time.
Technical Analysis of New Gold Inc (NGD)
Looking closely at New Gold Inc (AMEX: NGD), its last 5-days average volume was 22.35 million, which is a jump from its year-to-date volume of 19.16 million. As of the previous 9 days, the stock’s Stochastic %D was 76.46%.
During the past 100 days, New Gold Inc’s (NGD) raw stochastic average was set at 92.46%, which indicates a significant increase from 83.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.36 in the past 14 days, which was higher than the 0.22 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.66, while its 200-day Moving Average is $4.58. However, in the short run, New Gold Inc’s stock first resistance to watch stands at $7.47. Second resistance stands at $7.61. The third major resistance level sits at $7.74. If the price goes on to break the first support level at $7.21, it is likely to go to the next support level at $7.08. Should the price break the second support level, the third support level stands at $6.95.
New Gold Inc (AMEX: NGD) Key Stats
There are currently 791,715K shares outstanding in the company with a market cap of 5.81 billion. Presently, the company’s annual sales total 924,500 K according to its annual income of 102,600 K. Last quarter, the company’s sales amounted to 308,400 K and its income totaled 68,600 K.
