Equities Analysts Offer Predictions for New Gold Q2 Earnings

New Gold Inc. (TSE:NGD) (ARCA:NGD) – Investment analysts at National Bank Financial issued their Q2 2025 earnings per share estimates for shares of New Gold in a report issued on Tuesday, July 15th. National Bank Financial analyst M. Sidibe forecasts that the company will post earnings per share of $0.14 for the quarter. National Bank Financial has a “Strong-Buy” rating on the stock.

NGD has been the subject of a number of other research reports. Raymond James Financial upgraded New Gold to a “hold” rating in a research note on Monday, June 30th. Bank of America upgraded New Gold from an “underperform” rating to a “buy” rating and raised their target price for the company from C$3.65 to C$5.45 in a research report on Wednesday, March 26th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of C$4.68.

New Gold Stock Performance

TSE NGD opened at C$5.97 on Thursday. The stock has a 50-day simple moving average of C$6.28 and a two-hundred day simple moving average of C$5.08. The firm has a market capitalization of C$3.28 billion, a P/E ratio of 163.37, a PEG ratio of -3.02 and a beta of 1.59. New Gold has a fifty-two week low of C$2.79 and a fifty-two week high of C$6.95. The company has a debt-to-equity ratio of 45.12, a quick ratio of 1.64 and a current ratio of 1.42.

Insider Transactions at New Gold

In related news, Senior Officer Ankit Shah sold 42,699 shares of New Gold stock in a transaction dated Friday, May 9th. The stock was sold at an average price of C$5.67, for a total value of C$242,103.33. Also, Senior Officer Sean William Keating sold 25,000 shares of New Gold stock in a transaction dated Monday, June 2nd. The stock was sold at an average price of C$6.26, for a total value of C$156,500.00. Insiders have sold a total of 116,747 shares of company stock worth $663,463 over the last 90 days. 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.