New Gold Inc (AMEX: NGD) on Monday, plunged -2.99% from the previous trading day, before settling in for the closing price of $7.69. Within the past 52 weeks, NGD’s price has moved between $2.43 and $8.62.
The company achieved an average annual earnings per share of 180.46%. With a float of $755.06 million, this company’s outstanding shares have now reached $791.71 million.
New Gold Inc (NGD) Insider and Institutional Ownership
Observing investor behavior towards Gold industry stocks is more important than anything else. The insider ownership of New Gold Inc is 4.63%, while institutional ownership is 58.63%.
New Gold Inc (NGD) Latest Financial update
As on 12/31/2024, Multinational firm has announced its last quarter scores, in which it reported 0.07 earnings per share (EPS) for the period topping the consensus outlook (set at 0.06) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.26 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 180.46% 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 0.48 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 4.78. Likewise, its price to free cash flow for the trailing twelve months is 154.37.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.31, a number that is poised to hit 0.26 in the next quarter and is forecasted to reach 1.15 in one year’s time.
Technical Analysis of New Gold Inc (NGD)
New Gold Inc (AMEX: NGD) saw its 5-day average volume 12.4 million, a negative change from its year-to-date volume of 19.66 million. As of the previous 9 days, the stock’s Stochastic %D was 42.86%.
During the past 100 days, New Gold Inc’s (NGD) raw stochastic average was set at 74.73%, which indicates a significant increase from 42.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.40 in the past 14 days, which was higher than the 0.28 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.17, while its 200-day Moving Average is $5.13. Nevertheless, the first resistance level for the watch stands at $7.68 in the near term. At $7.91, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.03. If the price goes on to break the first support level at $7.34, it is likely to go to the next support level at $7.21. The third support level lies at $6.99 if the price breaches the second support level.
New Gold Inc (AMEX: NGD) Key Stats
Market capitalization of the company is 5.91 billion based on 791,715K outstanding shares. Right now, sales total 924,500 K and income totals 102,600 K. The company made 462,500 K in profit during its latest quarter, and 142,300 K in sales during its previous quarter.
