Analysts Set Expectations for New Gold Q4 Earnings

New Gold Inc. (TSE:NGD) (ARCA:NGD) – Research analysts at National Bank Financial issued their Q4 2024 earnings estimates for New Gold in a research report issued to clients and investors on Monday, February 10th. National Bank Financial analyst M. Parkin anticipates that the company will post earnings of $0.09 per share for the quarter.

New Gold Stock Down 0.5 %

Shares of TSE:NGD opened at C$4.28 on Wednesday. The company has a market capitalization of C$3.38 billion, a PE ratio of -107.00, a P/E/G ratio of -3.02 and a beta of 1.59. The company has a current ratio of 1.50, a quick ratio of 1.64 and a debt-to-equity ratio of 52.45. New Gold has a twelve month low of C$1.47 and a twelve month high of C$4.54. The firm has a 50 day simple moving average of C$3.97 and a 200-day simple moving average of C$3.76.

Insider Transactions at New Gold

In related news, Senior Officer Yohann Bouchard sold 100,000 shares of the company’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of C$4.25, for a total value of C$425,000.00. Insiders own 4.92% of the company’s stock.

New Gold Company Profile

New Gold Inc is an intermediate gold mining company. The company has a portfolio of two producing assets: Rainy River Mine and New Afton Mine in Canada. Also, it has interests in the Cerro San Pedro Mine in Mexico. The company derives revenue from the sale of Gold, Copper, and Silver.