National Bank Financial Comments on New Gold Inc.’s FY2026 Earnings (TSE:NGD)

New Gold Inc. (TSE:NGD) (ARCA:NGD) – Research analysts at National Bank Financial issued their FY2026 earnings estimates for New Gold in a report issued on Wednesday, May 1st. National Bank Financial analyst M. Parkin expects that the company will post earnings per share of $0.35 for the year. National Bank Financial has a “Sector Perform Spec Overwgt” rating on the stock. The consensus estimate for New Gold’s current full-year earnings is $0.14 per share.

New Gold (TSE:NGD) (ARCA:NGD) last posted its earnings results on Tuesday, February 13th. The company reported C($0.01) earnings per share for the quarter, missing the consensus estimate of C$0.03 by C($0.04). The firm had revenue of C$271.22 million during the quarter. New Gold had a negative return on equity of 7.38% and a negative net margin of 8.20%.

Other equities research analysts have also issued research reports about the stock. Canaccord Genuity Group increased their price objective on shares of New Gold from C$2.75 to C$3.00 in a report on Tuesday, April 23rd. Bank of America boosted their target price on New Gold from C$1.90 to C$2.30 in a research report on Tuesday, April 9th. Finally, National Bankshares dropped their price objective on New Gold from C$2.25 to C$2.00 and set a “sector perform” rating for the company in a report on Tuesday, February 20th.

New Gold Stock Down 0.4 %

TSE NGD opened at C$2.49 on Friday. The stock’s 50 day simple moving average is C$2.25 and its 200 day simple moving average is C$1.93. The company has a debt-to-equity ratio of 50.84, a current ratio of 1.54 and a quick ratio of 1.64. The firm has a market cap of C$1.71 billion, a PE ratio of -20.75, a price-to-earnings-growth ratio of -3.02 and a beta of 1.52. New Gold has a one year low of C$1.17 and a one year high of C$2.68.

New Gold Company Profile

New Gold Inc, an intermediate gold mining company, develops and operates of mineral properties in Canada. It primarily explores for gold, silver, and copper deposits. The company's principal operating properties include 100% interest in the Rainy River mine located in Northwestern Ontario, Canada; and New Afton project situated in South-Central British Columbia.