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New Gold Inc. · AMEX · Basic Materials
Browse public NGD signals with their source context and measured market impact. Open any signal for its permanent analysis page.
New Gold initiated with a 'Buy' rating and 36-month horizon. Gold price expected to rise, influencing mining stocks positively. Projected significant growth in gold production and EBITDA margins. Low financial risk with strong liquidity and cash flow visibility. Valuation gap exists; potential for dividend initiation or acquisitions.
View signal analysisNGD is recommended due to impressive earnings growth of 104.8%. New Gold shows better asset utilization than the industry average. Sales are expected to grow 20.9%, outperforming the industry average. Earnings estimates have been revised upward by 12.4% recently. Growth Score of B and Zacks Rank of #2 indicate strong potential.
View signal analysisNew Gold (NGD) has a Zacks Rank of #2 (Buy) and an A for Value. NGD's P/E ratio of 11.84 is below the industry's average of 15.38. NGD's PEG ratio of 0.28 is lower than the industry's average of 0.50. NGD's P/S ratio of 2.19 contrasts with the industry's average of 3.21. Strong value metrics indicate NGD may be undervalued and a good buy.
View signal analysisNGD's Q2 earnings estimate dropped 50% to 1 cent. Gold production likely declined due to lower grades at Rainy River mine. Copper prices rose, likely benefiting NGD's overall performance. Stock surged 76% in the past year, outperforming industry growth. Earnings ESP for NGD stands at 0.00%, indicating no earnings beat.
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