FY2026 Earnings Estimate for New Gold Inc. (TSE:NGD) Issued By National Bank Financial

New Gold Inc. (TSE:NGD) (ARCA:NGD) – Research analysts at National Bank Financial issued their FY2026 earnings estimates for New Gold in a research report issued to clients and investors on Wednesday, May 1st. National Bank Financial analyst M. Parkin anticipates that the company will earn $0.35 per share for the year. National Bank Financial currently has a “Sector Perform Spec Overwgt” rating on the stock. The consensus estimate for New Gold’s current full-year earnings is $0.14 per share.

A number of other research analysts have also issued reports on NGD. National Bankshares reduced their price target on New Gold from C$2.25 to C$2.00 and set a “sector perform” rating for the company in a research report on Tuesday, February 20th. Canaccord Genuity Group upped their price objective on shares of New Gold from C$2.75 to C$3.00 in a report on Tuesday, April 23rd. Finally, Bank of America increased their target price on shares of New Gold from C$1.90 to C$2.30 in a research report on Tuesday, April 9th.

New Gold Stock Performance

Shares of NGD stock opened at C$2.49 on Friday. New Gold has a 12-month low of C$1.17 and a 12-month high of C$2.68. The company has a debt-to-equity ratio of 50.84, a current ratio of 1.54 and a quick ratio of 1.64. The firm has a market capitalization of C$1.71 billion, a price-to-earnings ratio of -20.75, a price-to-earnings-growth ratio of -3.02 and a beta of 1.52. The business has a 50 day simple moving average of C$2.25 and a 200 day simple moving average of C$1.93.

New Gold (TSE:NGD) (ARCA:NGD) last announced its quarterly earnings results on Tuesday, February 13th. The company reported C($0.01) EPS for the quarter, missing the consensus estimate of C$0.03 by C($0.04). The firm had revenue of C$271.22 million during the quarter. New Gold had a negative net margin of 8.20% and a negative return on equity of 7.38%.

New Gold Company Profile

New Gold Inc, an intermediate gold mining company, develops and operates of mineral properties in Canada. It primarily explores for gold, silver, and copper deposits. The company's principal operating properties include 100% interest in the Rainy River mine located in Northwestern Ontario, Canada; and New Afton project situated in South-Central British Columbia.