NGD has been the topic of several other research reports. Desjardins restated a sell rating on shares of New Gold in a research report on Monday, December 11th. Laurentian Bank of Canada restated a buy rating and issued a C$4.75 price target on shares of New Gold in a research report on Tuesday, December 19th. Laurentian set a C$4.75 price target on New Gold and gave the company a buy rating in a research report on Tuesday, December 19th. Finally, Canaccord Genuity dropped their price target on New Gold from C$5.75 to C$5.50 in a research report on Friday, January 19th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus price target of C$5.22.
Shares of New Gold (NGD) opened at C$3.36 on Friday. New Gold has a fifty-two week low of C$3.21 and a fifty-two week high of C$5.16. The firm has a market capitalization of $1,940.00, a PE ratio of -15.27 and a beta of -0.27.
New Gold Inc is an intermediate gold mining company. The Company is engaged in the development and operation of mineral properties. Its segments include New Afton, Mesquite, Peak Mines, Cerro San Pedro, Corporate and Other. It has operating mines in Canada, the United States, Australia and Mexico; development projects in Canada, and a stream on gold production from a development property in Chile.
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