Brokers Issue Forecasts for New Gold FY2027 Earnings

New Gold Inc. (TSE:NGD) (ARCA:NGD) – Equities researchers at National Bank Financial issued their FY2027 EPS estimates for shares of New Gold in a research report issued to clients and investors on Tuesday, March 11th. National Bank Financial analyst M. Parkin anticipates that the company will post earnings of $0.85 per share for the year.

New Gold Trading Up 5.2 %

TSE:NGD opened at C$4.66 on Thursday. New Gold has a one year low of C$2.12 and a one year high of C$4.76. The company has a debt-to-equity ratio of 45.12, a quick ratio of 1.64 and a current ratio of 1.42. The firm has a market cap of C$2.56 billion, a P/E ratio of 127.52, a P/E/G ratio of -3.02 and a beta of 1.59. The firm has a 50-day simple moving average of C$4.08 and a 200-day simple moving average of C$3.90.

Insider Buying and Selling

In related news, Senior Officer Keith Murphy sold 41,863 shares of the business’s stock in a transaction that occurred on Tuesday, March 11th. The shares were sold at an average price of C$4.29, for a total transaction of C$179,592.27. 4.92% of the stock is currently owned by company insiders.

About New Gold

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.