National Bank Financial Forecasts New Gold FY2026 Earnings

New Gold Inc. (TSE:NGD) (ARCA:NGD) – National Bank Financial raised their FY2026 EPS estimates for shares of New Gold in a research report issued on Tuesday, March 11th. National Bank Financial analyst M. Parkin now forecasts that the company will post earnings of $0.96 per share for the year, up from their previous estimate of $0.73.

New Gold Stock Down 1.5 %

Shares of TSE:NGD opened at C$4.59 on Friday. The firm has a 50 day simple moving average of C$4.10 and a 200-day simple moving average of C$3.91. The company has a market capitalization of C$2.53 billion, a PE ratio of 125.61, a P/E/G ratio of -3.02 and a beta of 1.59. New Gold has a twelve month low of C$2.12 and a twelve month high of C$4.76. The company has a current ratio of 1.42, a quick ratio of 1.64 and a debt-to-equity ratio of 45.12.

Insider Activity

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 value of C$179,592.27. Corporate insiders own 4.92% of the company’s stock.

About New Gold

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.