NGD

New Gold

Fundamental data last updated:March 2, 2026

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company profile

SECTOR

Basic Materials

industry

Gold

Exchange

NYSE

County of HQ

Canada

Next Earnings Date

3

Business Summary

New Gold is a gold mining company engaged in the exploration, development, and production of gold. The company operates mining assets and generates revenue primarily from the sale of gold produced at its properties.

 


VALUATION

P/E

42

Market Cap ($M USD)

$10,654

Forward P/E

11.2

PEG

0.1

PRICE TO SALES

8.6

PRICE TO BOOK

8.6

EV / EBITDA

5-Year Average P/E

Free Cash Flow Yield

DCF Value

Graham Number

Price to FCF

EV to FCF

Earnings Yield

FCF Yield

DIVIDEND

Yield

-

Annual Payout

-

Payout Ratio

-

Consecutive Years of Dividend Growth

0

5-Year Dividend Growth Rate

-

Financial Health & Profitability

Earnings Per Share

$0.33

Next Year EPS Growth Estimate

$1.20

Next Year Revenue Growth Estimate

-7.40%

Return on Equity (ROE)

20.10%

FREE CASH FLOW

Operating Margin

36.40%

Debt-to-Equity

0.3

Piotroski F-Score

Altman Z-Score

Return on Invested Capital (ROIC)

Current Ratio

Quick Ratio

Net Debt to EBITDA

Interest Coverage

Gross Profit margin

FCF PER SHARE

REVENUE PER SHARE

Gainseekers Quantitative Analysis

Summary

New Gold operates in the Basic Materials sector within the Gold industry and has a market capitalization of $10,654 million. The company trades at a price-to-earnings ratio of 42 with a forward P/E of 11.2, reflecting expectations for earnings growth from EPS of $0.33 to an estimated $1.20 next year. Profitability metrics are solid, with a 36.40% operating margin and 20.10% return on equity, while leverage remains moderate at a 0.3 debt-to-equity ratio.

AI Exposure / Tech Reliance

As a gold producer in the Basic Materials sector, the company has minimal direct exposure to artificial intelligence trends. Its performance is more closely tied to commodity prices and operational execution than to technological disruption.

The Bull Case

The sharp decline from a P/E of 42 to a forward P/E of 11.2, combined with a PEG forward of 0.1, suggests strong anticipated earnings growth relative to valuation. High operating margins of 36.40% and a 20.10% return on equity, along with 70.50% institutional ownership and a consensus rating of 1.33, indicate confidence in profitability and future performance.

The Bear Case

Sales are expected to decline by 7.40% next year, which could pressure valuation multiples if earnings growth does not materialize as projected. With shares trading at 8.6 times sales and 8.6 times book value, the stock may be vulnerable to multiple compression if commodity prices weaken.

Market Sentiment & Smart Money

Short Interest %

1.30%

Analyst Consensus

1.33

Average Analyst Price Target

$11.25

Institutional Ownership %

70.50%

1-Year Beta

Insider Buying % (6 Mo)

Distance to 52-Week High

Distance to 52-Week Low

EARNINGS SURPRISE %

50-DAY SMA

200-DAY SMA

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.