New Gold Inc. (USA) (NGD) EPS Estimated At $0.02

July 18, 2017 - By Linda Rogers

 New Gold Inc. (USA) (NGD) EPS Estimated At $0.02

Analysts expect New Gold Inc. (USA) (NYSEMKT:NGD) to report $0.02 EPS on July, 26.They anticipate $0.01 EPS change or 33.33 % from last quarter’s $0.03 EPS. NGD’s profit would be $11.63M giving it 38.25 P/E if the $0.02 EPS is correct. After having $0.02 EPS previously, New Gold Inc. (USA)’s analysts see 0.00 % EPS growth. The stock increased 3.03% or $0.09 during the last trading session, reaching $3.06. About 4.15 million shares traded. New Gold Inc. (USA) (NYSEMKT:NGD) has declined 31.09% since July 18, 2016 and is downtrending. It has underperformed by 47.79% the S&P500.

New Gold Inc. (USA) (NYSEMKT:NGD) Ratings Coverage

Among 4 analysts covering New Gold Inc. (NYSEMKT:NGD), 3 have Buy rating, 1 Sell and 0 Hold. Therefore 75% are positive. New Gold Inc. had 13 analyst reports since August 24, 2015 according to SRatingsIntel. As per Friday, October 9, the company rating was initiated by IBC. Mackie upgraded it to “Hold” rating and $4 target in Monday, August 31 report. Desjardins Securities upgraded the stock to “Buy” rating in Friday, September 16 report. The stock of New Gold Inc. (USA) (NYSEMKT:NGD) earned “Hold” rating by Mackie on Friday, August 28. The firm earned “Underperform” rating on Tuesday, January 31 by Credit Suisse. The stock has “Hold” rating by Desjardins Securities on Thursday, September 8.

New Gold Inc. is an intermediate gold mining company. The company has market cap of $1.78 billion. The Firm is engaged in the development and operation of mineral properties. It has a 118.1 P/E ratio. The Company’s divisions include New Afton, Mesquite, Peak Mines, Cerro San Pedro, Corporate and Other.

More important recent New Gold Inc. (USA) (NYSEMKT:NGD) news were published by: Prnewswire.com which released: “New Gold to Discuss Second Quarter 2017 Financial Results on Thursday, July 27 …” on July 11, 2017, also Juniorminingnetwork.com published article titled: “New Gold Provides Rainy River Development Update; Project Schedule and Cost …”, Benzinga.com published: “Going For The Gold With A New Gold Miners ETF” on June 30, 2017. More interesting news about New Gold Inc. (USA) (NYSEMKT:NGD) was released by: Business.Financialpost.com and their article: “Good news, gold will hit $1400. Bad news, a market correction comes first: Sprott” with publication date: July 17, 2017.

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