New Gold Inc. to Post FY2026 Earnings of $0.35 Per Share, National Bank Financial Forecasts (TSE:NGD)

New Gold Inc. (TSE:NGD) (ARCA:NGD) – Investment analysts at National Bank Financial issued their FY2026 earnings per share (EPS) estimates for New Gold in a note issued to investors on Wednesday, May 1st. National Bank Financial analyst M. Parkin expects that the company will post earnings of $0.35 per share for the year. National Bank Financial 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.

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

Several other research firms have also recently issued reports on NGD. Canaccord Genuity Group upped their price objective on New Gold from C$2.75 to C$3.00 in a research report on Tuesday, April 23rd. National Bankshares dropped their price objective on New Gold from C$2.25 to C$2.00 and set a “sector perform” rating on the stock in a research report on Tuesday, February 20th. Finally, Bank of America boosted their target price on New Gold from C$1.90 to C$2.30 in a research report on Tuesday, April 9th.

New Gold Trading Down 0.4 %

TSE:NGD opened at C$2.49 on Friday. New Gold has a 52 week low of C$1.17 and a 52 week high of C$2.68. The stock has a market cap of C$1.71 billion, a price-to-earnings ratio of -20.75, a PEG ratio of -3.02 and a beta of 1.52. The company’s 50 day moving average price is C$2.25 and its 200-day moving average price is C$1.92. The company has a quick ratio of 1.64, a current ratio of 1.54 and a debt-to-equity ratio of 50.84.

About New Gold

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.