Ratings New Gold Inc.

Equities

NGD

CA6445351068

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
2.49 ^CAD	+0.40%		+3.32%	+29.69%

Apr. 19	National Bank of Canada Outlines Ratings, Price Targets For Top Precious Metals Picks Ahead of Q1 Earnings Season	MT
Apr. 08	Scotiabank Adjusts Price Target on NEW GOLD to $2 From $1.65, Keeps Sector Perform Rating	MT

Summary

From a short-term investment perspective, the company presents a deteriorated fundamental configuration.

Strengths

Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
With a P/E ratio at 16.6 for the current year and 10.38 for next year, earnings multiples are highly attractive compared with competitors.
The company has a low valuation given the cash flows generated by its activity.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months.

Weaknesses

For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.
Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.
The group usually releases earnings worse than estimated.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Gold

	1st Jan change	Capi.	Investor Rating	ESG Refinitiv
NEW GOLD INC.	+29.69%	1.25B		B
NEWMONT CORPORATION	+3.24%	49.27B		A-
AGNICO EAGLE MINES LIMITED	+19.45%	32.63B		B
BARRICK GOLD CORPORATION	-2.42%	29.96B		B+
WHEATON PRECIOUS METALS CORP.	+12.88%	24.43B		B
NORTHERN STAR RESOURCES LIMITED	+10.62%	11.31B		B
ANGLOGOLD ASHANTI PLC	+27.61%	9.95B		B-
POLYUS	-.--%	8.61B	-	B-
KINROSS GOLD CORPORATION	+14.84%	8.27B		A-
ROYAL GOLD, INC.	+2.99%	8.19B		B-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Environment

Emissions

Innovation

Use of resources

Governance

CSR Strategy

Management

Shareholders

Controversy

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes