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1 Comment
New Gold Inc is currently in a long term downtrend where the price is trading 8.5% below its 200 day moving average.
From a valuation standpoint, the stock is 99.7% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 1.7.
New Gold Inc's total revenue rose by 42.9% to $199M since the same quarter in the previous year.
Its net income has dropped by 7133.3% to $-21M since the same quarter in the previous year.
Finally, its free cash flow grew by 80.1% to $-11M since the same quarter in the previous year.
Based on the above factors, New Gold Inc gets an overall score of 3/5.
Industry | Gold |
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Sector | Basic Materials |
ISIN | CA6445351068 |
CurrencyCode | CAD |
Exchange | TO |
PE Ratio | None |
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Market Cap | 1B |
Dividend Yield | 0.0% |
Target Price | 1.73 |
Beta | 1.68 |
New Gold Inc., an intermediate gold mining company, engages in the exploration, development, and operation of mineral properties. It primarily explores for gold, silver, and copper deposits. The company's principal operating properties include 100% interests in the Rainy River mine located in Ontario, Canada; New Afton mine situated in British Columbia, Canada; and the Cerro San Pedro mine in San Luis Potosí, Mexico. New Gold Inc. was founded in 1980 and is headquartered in Toronto, Canada.
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