National Bank Financial Predicts New Gold Q4 Earnings

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

New Gold Stock Down 3.8 %

NGD opened at C$4.30 on Wednesday. The business has a 50 day moving average of C$3.96 and a 200-day moving average of C$3.75. The stock has a market capitalization of C$3.40 billion, a price-to-earnings ratio of -107.50, a P/E/G ratio of -3.02 and a beta of 1.59. The company has a current ratio of 1.50, a quick ratio of 1.64 and a debt-to-equity ratio of 52.45. New Gold has a 1-year low of C$1.47 and a 1-year high of C$4.54.

Insider Buying and Selling

In other news, Senior Officer Yohann Bouchard sold 100,000 shares of the stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of C$4.25, for a total value of C$425,000.00. 4.92% of the stock is currently owned by insiders.

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.