On Monday, New Gold Inc (AMEX: NGD) opened higher 7.41% from the last session, before settling in for the closing price of $6.75. Price fluctuations for NGD have ranged from $2.43 to $7.75 over the past 52 weeks.
Company’s average yearly earnings per share was noted 180.46% at the time writing. With a float of $755.05 million, this company’s outstanding shares have now reached $791.71 million.
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 4.63%, while institutional ownership is 58.64%.
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 0.26 per share during the current 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 4.65. Likewise, its price to free cash flow for the trailing twelve months is 150.02.
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)
Compared to the last year’s volume of 19.84 million, its volume of 16.62 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 24.19%.
During the past 100 days, New Gold Inc’s (NGD) raw stochastic average was set at 86.56%, which indicates a significant increase from 56.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.38 in the past 14 days, which was higher than the 0.26 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.96, while its 200-day Moving Average is $4.91. Nevertheless, the first resistance level for the watch stands at $7.43 in the near term. At $7.60, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.93. If the price goes on to break the first support level at $6.92, it is likely to go to the next support level at $6.59. Should the price break the second support level, the third support level stands at $6.42.
New Gold Inc (AMEX: NGD) Key Stats
There are currently 791,715K shares outstanding in the company with a market cap of 5.74 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 462,500 K and its income totaled 142,300 K.
