National Bank Financial Comments on New Gold FY2027 Earnings

New Gold Inc. (TSE:NGD) (ARCA:NGD) – Equities researchers at National Bank Financial issued their FY2027 EPS estimates for New Gold in a research note issued to investors on Tuesday, March 11th. National Bank Financial analyst M. Parkin forecasts that the company will post earnings per share of $0.85 for the year.

New Gold Stock Performance

Shares of TSE:NGD opened at C$4.43 on Thursday. The company’s 50 day simple moving average is C$4.06 and its 200 day simple moving average is C$3.90. The stock has a market capitalization of C$2.44 billion, a price-to-earnings ratio of 121.23, a price-to-earnings-growth ratio of -3.02 and a beta of 1.59. The company has a debt-to-equity ratio of 45.12, a current ratio of 1.42 and a quick ratio of 1.64. New Gold has a 1 year low of C$2.12 and a 1 year high of C$4.54.

Insiders Place Their Bets

In other news, Senior Officer Keith Murphy sold 41,863 shares of New Gold stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of C$4.29, for a total transaction of C$179,592.27. Insiders own 4.92% of the company’s stock.

New Gold Company Profile

New Gold Inc is an intermediate gold mining company. The company has a portfolio of two producing assets: Rainy River Mine and New Afton Mine in Canada. Also, it has interests in the Cerro San Pedro Mine in Mexico. The company derives revenue from the sale of Gold, Copper, and Silver.