New Gold (NGD) Flat As Market Sinks: What You Should Know

From Nasdaq: 2025-02-07 17:50:08

New Gold (NGD) closed at $2.99, unchanged from the previous day, outperforming the S&P 500. The stock has risen by 9.12% in the past month, exceeding the sector and S&P 500 gains. Analysts project earnings of $0.06 per share, with positive estimate revisions indicating optimism about the company’s future.

The Mining – Gold industry has a Zacks Industry Rank of 81, in the top 33%. The top 50% rated industries tend to outperform the bottom half by 2 to 1. New Gold holds a Zacks Rank of #3 (Hold) and a Forward P/E ratio of 10.97, a discount compared to the industry average.

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