New Gold Statistics

Total Valuation

New Gold has a market cap or net worth of $2.20 billion. The enterprise value is $2.50 billion.

Market Cap	2.20B
Enterprise Value	2.50B

Important Dates

The last earnings date was Tuesday, October 29, 2024, after market close.

Earnings Date	Oct 29, 2024
Ex-Dividend Date	n/a

Share Statistics

New Gold has 790.90 million shares outstanding. The number of shares has increased by 6.90% in one year.

Current Share Class	790.90M
Shares Outstanding	790.90M
Shares Change (YoY)	+6.90%
Shares Change (QoQ)	+6.87%
Owned by Insiders (%)	n/a
Owned by Institutions (%)	n/a
Float	761.13M

Valuation Ratios

The trailing PE ratio is 117.60 and the forward PE ratio is 8.62.

PE Ratio	117.60
Forward PE	8.62
PS Ratio	n/a
Forward PS	n/a
PB Ratio	n/a
P/TBV Ratio	2.21
P/FCF Ratio	22.61
P/OCF Ratio	6.23
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 7.05, with an EV/FCF ratio of 25.68.

EV / Earnings	124.42
EV / Sales	2.90
EV / EBITDA	7.05
EV / EBIT	24.84
EV / FCF	25.68

Financial Position

The company has a current ratio of 1.42, with a Debt / Equity ratio of 0.45.

Current Ratio	1.42
Quick Ratio	0.80
Debt / Equity	0.45
Debt / EBITDA	1.26
Debt / FCF	4.62
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 2.14% and return on invested capital (ROIC) is 4.61%.

Return on Equity (ROE)	2.14%
Return on Assets (ROA)	2.97%
Return on Capital (ROIC)	4.61%
Revenue Per Employee	$644,353
Profits Per Employee	$15,034
Employee Count	1,337
Asset Turnover	0.41
Inventory Turnover	3.56

Taxes

Income Tax	-32.30M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +129.75% in the last 52 weeks. The beta is 1.59, so New Gold's price volatility has been higher than the market average.

Beta (5Y)	1.59
52-Week Price Change	+129.75%
50-Day Moving Average	2.86
200-Day Moving Average	2.16
Relative Strength Index (RSI)	52.64
Average Volume (20 Days)	10,425,736

Short Selling Information

The latest short interest is 7.90 million, so 1.00% of the outstanding shares have been sold short.

Short Interest	7.90M
Short Previous Month	11.89M
Short % of Shares Out	1.00%
Short % of Float	1.04%
Short Ratio (days to cover)	0.87

Income Statement

In the last 12 months, New Gold had revenue of $861.50 million and earned $20.10 million in profits. Earnings per share was $0.02.

Revenue	861.50M
Gross Profit	416.80M
Operating Income	100.70M
Pretax Income	-43.40M
Net Income	20.10M
EBITDA	354.90M
EBIT	100.70M
Earnings Per Share (EPS)	$0.02

Full Income Statement

Balance Sheet

The company has $140.50 million in cash and $449.90 million in debt, giving a net cash position of -$309.40 million or -$0.39 per share.

Cash & Cash Equivalents	140.50M
Total Debt	449.90M
Net Cash	-309.40M
Net Cash Per Share	-$0.39
Equity (Book Value)	997.20M
Book Value Per Share	1.26
Working Capital	82.60M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $353.80 million and capital expenditures -$256.40 million, giving a free cash flow of $97.40 million.

Operating Cash Flow	353.80M
Capital Expenditures	-256.40M
Free Cash Flow	97.40M
FCF Per Share	$0.12

Full Cash Flow Statement

Margins

Gross margin is 48.38%, with operating and profit margins of 11.69% and 2.33%.

Gross Margin	48.38%
Operating Margin	11.69%
Pretax Margin	-1.42%
Profit Margin	2.33%
EBITDA Margin	41.20%
EBIT Margin	11.69%
FCF Margin	7.56%

Dividends & Yields

New Gold does not appear to pay any dividends at this time.

Dividend Per Share	n/a
Dividend Yield	n/a
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	n/a
Buyback Yield	-6.90%
Shareholder Yield	-6.90%
Earnings Yield	0.91%
FCF Yield	4.42%

Analyst Forecast

The average price target for New Gold is $3.04, which is 9.35% higher than the current price. The consensus rating is "Buy".

Price Target	$3.04
Price Target Difference	9.35%
Analyst Consensus	Buy
Analyst Count	4
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date	n/a
Split Type	n/a
Split Ratio	n/a

Scores

New Gold has an Altman Z-Score of -0.26 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score	-0.26
Piotroski F-Score	6