New Gold Inc. (NGD)
NYSEAMERICAN: NGD · Real-Time Price · USD
2.820
-0.190 (-6.31%)
At close: Feb 21, 2025, 4:00 PM
2.839
+0.019 (0.68%)
After-hours: Feb 21, 2025, 7:52 PM EST
New Gold Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for New Gold stock have an average target of 3.23, with a low estimate of 2.00 and a high estimate of 4.00. The average target predicts an increase of 14.54% from the current stock price of 2.82.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for New Gold stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 | Feb '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Buy Maintains $3.5 → $4 | Buy | Maintains | $3.5 → $4 | +41.84% | Feb 13, 2025 |
| Scotiabank | Scotiabank | Buy Maintains $2.75 → $3.25 | Buy | Maintains | $2.75 → $3.25 | +15.25% | Sep 17, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $2.5 → $2.75 | Buy | Maintains | $2.5 → $2.75 | -2.48% | Aug 19, 2024 |
| CIBC | CIBC | Buy Maintains $3 → $3.4 | Buy | Maintains | $3 → $3.4 | +20.57% | Jul 10, 2024 |
| CIBC | CIBC | Hold → Buy Upgrades $2.1 → $3 | Hold → Buy | Upgrades | $2.1 → $3 | +6.38% | Jun 3, 2024 |
Financial Forecast
Revenue This Year
937.57M
from 786.50M
Increased by 19.21%
Revenue Next Year
1.21B
from 937.57M
Increased by 28.63%
EPS This Year
0.20
from -0.09
EPS Next Year
0.38
from 0.20
Increased by 91.08%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.0B | 1.4B | 1.8B |
| Avg | 937.6M | 1.2B | 1.6B |
| Low | 898.7M | 1.0B | 1.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 27.7% | 47.1% | 50.5% |
| Avg | 19.2% | 28.6% | 29.8% |
| Low | 14.3% | 11.9% | 20.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.22 | 0.62 | 0.86 | ||
| Avg | 0.20 | 0.38 | 0.64 | ||
| Low | 0.18 | 0.22 | 0.52 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 212.5% | 127.3% | ||
| Avg | - | 91.1% | 67.7% | ||
| Low | - | 8.8% | 37.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.