National Bank Financial Estimates New Gold Q4 Earnings

New Gold Inc. (TSE:NGD) (ARCA:NGD) – Stock analysts at National Bank Financial issued their Q4 2024 earnings estimates for shares of New Gold in a research note issued on Monday, February 10th. National Bank Financial analyst M. Parkin expects that the company will earn $0.09 per share for the quarter.

New Gold Stock Performance

TSE NGD opened at C$4.28 on Wednesday. New Gold has a 12 month low of C$1.47 and a 12 month high of C$4.54. The company has a 50-day moving average of C$3.97 and a 200-day moving average of C$3.76. The company has a debt-to-equity ratio of 45.12, a current ratio of 1.42 and a quick ratio of 1.64. The company has a market cap of C$2.35 billion, a P/E ratio of 117.13, a P/E/G ratio of -3.02 and a beta of 1.59.

Insider Activity

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

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.