New Gold Inc NGD

Morningstar Rating
CAD 3.90 −0.09 (2.26%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

NGD is trading at a 118% premium.
Price
CAD 3.98
Fair Value
CAD 8.15
Uncertainty
Very High
1-Star Price
CAD 4.48
5-Star Price
CAD 5.86
Economic Moat
Vrz
Capital Allocation

News

Trading Information

Previous Close Price
CAD 3.99
Day Range
CAD 3.883.96
52-Week Range
CAD 1.184.37
Bid/Ask
CAD 3.90 / CAD 3.91
Market Cap
CAD 3.08 Bil
Volume/Avg
534,488 / 1.4 Mil

Key Statistics

Price/Earnings (Normalized)
45.83
Price/Sales
2.55
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield

Company Profile

New Gold Inc participates in the development and operation of intermediate mining properties. The company has a portfolio of two primary assets: the Rainy River Mine and the New Afton Mine in Canada. The company also owns the Cerro San Pedro Mine in Mexico. The company derives revenue from the sale of gold, copper, and silver.
Sector
Basic Materials
Industry
Gold
Stock Style Box
Small Growth
Total Number of Employees
1,542

Comparables

Valuation

Metric
NGD
ABRA
MARI
Price/Earnings (Normalized)
45.83
Price/Book Value
2.4210.372.83
Price/Sales
2.55
Price/Cash Flow
7.39
Price/Earnings
NGD
ABRA
MARI

Financial Strength

Metric
NGD
ABRA
MARI
Quick Ratio
0.9424.2512.87
Current Ratio
1.5024.6212.87
Interest Coverage
−13.60−10.61
Quick Ratio
NGD
ABRA
MARI

Profitability

Metric
NGD
ABRA
MARI
Return on Assets (Normalized)
2.20%−42.61%−3.07%
Return on Equity (Normalized)
5.71%−63.10%−3.11%
Return on Invested Capital (Normalized)
3.54%−55.12%−4.12%
Return on Assets
NGD
ABRA
MARI

Gold Industry Comparables

1-Day Chart
Name
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Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Zijin Mining Group Co Ltd ADR
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Zijin Mining Group Co Ltd Class H
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Newmont Corp Chess Depository Interest
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Newmont Corp
NEM
ZzcqzhlhLhtw$61.8 Bil
Agnico Eagle Mines Ltd
AEM
PlmsktctGtsns$41.1 Bil
Barrick Gold Corp
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CmrmwrjnBdpp$35.6 Bil
Wheaton Precious Metals Corp
WPM
XnlhklxcfKtsxh$28.4 Bil
Franco-Nevada Corp
FNV
Lxdl$24.2 Bil
Gold Fields Ltd
GFIOF
Dfmpk$14.5 Bil
Kinross Gold Corp
KGC
WqqlRppls$11.7 Bil

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