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NYSEAMERICAN:NGD - New Gold Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $2.10
  • Forecasted Upside: 85.02 %
  • Number of Analysts: 8
  • Breakdown:
  • 1 Sell Ratings
  • 5 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$1.14 As of 09/23/2021 03:50 PM ET
▲ +0.015 (1.34%)

This chart shows the closing price for NGD by one month, three months, or twelve months.

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Analyst Price Target for NGD

Analyst Price Target is $2.10
▲ +85.02% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for New Gold in the last 3 months. The average price target is $2.10, with a high forecast of $3.25 and a low forecast of $1.50. The average price target represents a 85.02% upside from the last price of $1.14.

This chart shows the closing price for NGD for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 8 investment analysts is to hold stock in New Gold. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
4/1/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
6/30/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
9/28/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 6 hold ratings
  • 1 sell ratings
Ratings as of
12/27/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 6 hold ratings
  • 1 sell ratings
Ratings as of
3/27/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 1 sell ratings
Ratings as of
6/25/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
8/24/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
9/23/2021

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
9/17/2021CormarkReiterated RatingHold
9/14/2021Raymond JamesSet Price TargetMarket Perform$2.00
9/14/2021BMO Capital MarketsLower Price TargetOutperformC$3.50 ➝ C$3.25
9/14/2021Canaccord GenuityLower Price TargetBuyC$2.75 ➝ C$2.00
9/8/2021Royal Bank of CanadaUpgradeUnderperform ➝ Sector Perform$1.75 ➝ $1.50
8/17/2021Raymond JamesLower Price TargetMarket Perform$2.50 ➝ $2.00
8/11/2021National Bank FinancialDowngradeOutperform ➝ Sector Perform
6/9/2021Raymond JamesBoost Price TargetMarket Perform$2.25 ➝ $2.50
5/21/2021Raymond JamesBoost Price TargetMarket Perform$2.00 ➝ $2.25
5/6/2021Raymond JamesSet Price TargetMarket Perform$2.00
5/6/2021Canaccord GenuityLower Price TargetBuy$2.75 ➝ $2.50
2/22/2021Raymond JamesSet Price TargetMarket Perform$2.25
2/22/2021Canaccord GenuityLower Price TargetBuy$3.75 ➝ $2.75
2/12/2021Raymond JamesSet Price TargetMarket Perform$2.25
2/11/2021Canaccord GenuityReiterated RatingBuy$3.75
2/2/2021CIBCDowngradeSector Outperform ➝ Neutral
11/16/2020Raymond JamesBoost Price TargetMarket Perform$2.00 ➝ $2.25
10/8/2020Bank of AmericaBoost Price TargetUnderperform$1.55 ➝ $1.75
9/24/2020Raymond JamesBoost Price TargetMarket Perform$1.50 ➝ $2.00
9/16/2020CIBCUpgradeNeutral ➝ Sector Outperform
8/26/2020BMO Capital MarketsInitiated CoverageOutperform
8/5/2020Raymond JamesSet Price TargetMarket Perform$1.50
8/5/2020TD SecuritiesBoost Price TargetHold$1.30 ➝ $1.80
7/29/2020Credit Suisse GroupReiterated RatingHold$1.40
7/22/2020Canaccord GenuityReiterated RatingBuy$2.25
5/22/2020National Bank FinancialUpgradeSector Perform ➝ Buy$2.10
5/21/2020National Bank FinancialUpgradeSector Perform Spec Under Wgt ➝ Outperform Spec Under Weight
5/17/2020Royal Bank of CanadaReiterated RatingSell$0.55
5/13/2020CIBCBoost Price TargetNeutral$0.75 ➝ $1.20
4/30/2020TD SecuritiesBoost Price TargetHold$0.85 ➝ $0.90
4/30/2020Raymond JamesSet Price TargetMarket Perform$1.25
4/1/2020BMO Capital MarketsUpgradeMarket Perform ➝ Outperform
3/31/2020Raymond JamesLower Price TargetMarket Perform$1.50 ➝ $1.25
3/25/2020Royal Bank of CanadaReiterated RatingSell$0.40
3/23/2020Raymond JamesSet Price TargetMarket Perform$1.50
3/18/2020CIBCUpgradeUnderperform ➝ Neutral
2/26/2020Raymond JamesBoost Price TargetMarket Perform$1.25 ➝ $1.50
2/18/2020Raymond JamesSet Price TargetMarket Perform$1.25
2/14/2020TD SecuritiesLower Price TargetHold$1.15 ➝ $0.95
2/14/2020Canaccord GenuityReiterated RatingBuy$1.50
2/14/2020CIBCDowngradeNeutral ➝ Sector Underperform$0.60
1/27/2020Royal Bank of CanadaReiterated RatingSell$0.65
12/4/2019Royal Bank of CanadaInitiated CoverageSell$0.65
11/7/2019Raymond JamesSet Price TargetMarket Perform$1.25
10/15/2019CIBCSet Price TargetHold$1.40
9/5/2019Royal Bank of CanadaUpgradeUnderperform ➝ Sector Perform$1.00 ➝ $1.30
8/2/2019Raymond JamesSet Price TargetMarket Perform$1.25
7/19/2019Canaccord GenuityReiterated RatingHold
7/15/2019CIBCUpgradeUnderperform ➝ Neutral
5/30/2019JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight
4/26/2019Raymond JamesSet Price TargetMarket Perform$1.00
4/16/2019Credit Suisse GroupInitiated CoverageNeutral ➝ Neutral$1.00
4/5/2019CIBCReiterated RatingSell$0.60
3/25/2019Canaccord GenuityInitiated CoverageHold ➝ Average$1.15
2/27/2019Royal Bank of CanadaLower Price TargetUnderperform$1.25 ➝ $1.00
2/22/2019GMP SecuritiesReiterated RatingNeutral$1.15
2/15/2019TD SecuritiesLower Price TargetHold$1.30 ➝ $1.10
2/15/2019CIBCDowngradeNeutral ➝ Sector Underperform$0.50
1/20/2019CIBCReiterated RatingHold
1/10/2019Royal Bank of CanadaBoost Price TargetUnderperform$1.00 ➝ $1.25
1/10/2019TD SecuritiesBoost Price TargetHold$1.05 ➝ $1.15
1/8/2019JPMorgan Chase & Co.UpgradeUnderweight ➝ Neutral
12/16/2018CIBCReiterated RatingHold
11/12/2018National Bank FinancialReiterated RatingHold
11/1/2018BMO Capital MarketsReiterated RatingHold
10/26/2018Raymond JamesSet Price TargetMarket Perform$1.25
9/26/2018Royal Bank of CanadaLower Price TargetUnderperform$1.25 ➝ $1.00
8/20/2018Canaccord GenuityUpgradeSell ➝ Hold
8/15/2018Royal Bank of CanadaDowngradeSector Perform ➝ Underperform$3.50 ➝ $1.40
8/9/2018TD SecuritiesLower Price TargetHold$1.75 ➝ $1.50
8/8/2018National Bank FinancialDowngradeOutperform Spec Overweight ➝ Sector Perform Spec Overwgt
8/8/2018JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight
8/8/2018ScotiabankDowngradeOutperform ➝ Sector Perform
7/27/2018Beacon SecuritiesDowngradeBuy ➝ Hold
7/27/2018Raymond JamesLower Price TargetMarket Perform$3.00 ➝ $2.00
7/26/2018Credit Suisse GroupDowngradeNeutral ➝ Underperform$2.20 ➝ $1.60
7/26/2018Canaccord GenuityDowngradeBuy ➝ Sell
6/20/2018TD SecuritiesDowngradeBuy ➝ Hold$4.50 ➝ $2.50
5/10/2018ScotiabankUpgradeSector Perform ➝ Outperform$4.00
5/8/2018Credit Suisse GroupUpgradeUnderperform ➝ Neutral$3.30
4/27/2018TD SecuritiesLower Price TargetBuy$5.00 ➝ $4.50
2/27/2018Royal Bank of CanadaLower Price TargetSector Perform$3.75 ➝ $3.50
2/26/2018Royal Bank of CanadaSet Price TargetHold$4.00
2/22/2018Raymond JamesLower Price TargetMarket Perform$4.25 ➝ $3.75
2/2/2018Royal Bank of CanadaLower Price TargetSector Perform$4.25 ➝ $3.75
10/23/2017Royal Bank of CanadaBoost Price TargetSector Perform$3.75 ➝ $4.25
10/20/2017Canaccord GenuityUpgradeHold ➝ Buy
9/29/2017ScotiabankBoost Price TargetSector Perform$3.00 ➝ $4.00
9/29/2017Credit Suisse GroupBoost Price TargetNeutral$3.00 ➝ $3.30
8/23/2017Royal Bank of CanadaSet Price TargetHold$4.00
7/24/2017National Bank FinancialUpgradeSector Perform ➝ Outperform
7/23/2017National Bank FinancialReiterated RatingSector Perform ➝ Outperform
7/18/2017Royal Bank of CanadaSet Price TargetHold$4.00
6/15/2017Raymond JamesReiterated RatingMarket Perform$3.50
6/13/2017Royal Bank of CanadaReiterated RatingHold$3.75
5/16/2017Royal Bank of CanadaReiterated RatingHold$3.50
4/28/2017TD SecuritiesReiterated RatingBuy$5.00
4/26/2017ScotiabankReiterated RatingSector Perform$3.00
3/16/2017Credit Suisse GroupInitiated CoverageUnderperform$3.00
3/14/2017TD SecuritiesReiterated RatingBuy
3/13/2017DesjardinsInitiated CoverageBuy
2/16/2017ScotiabankUpgradeSector Underperform ➝ Sector Perform
2/2/2017Royal Bank of CanadaReiterated RatingHold
1/31/2017GMP SecuritiesDowngradeBuy ➝ Hold$4.80
1/31/2017Credit Suisse GroupDowngradeNeutral ➝ Underperform
1/30/2017DesjardinsDowngradeBuy ➝ Hold
1/30/2017ScotiabankDowngradeSector Perform ➝ Underperform
10/8/2016Royal Bank of CanadaReiterated RatingSector Perform
10/4/2016Bank of AmericaSet Price TargetHold$6.00
(Data available from 9/23/2016 forward)

News Sentiment Rating

0.18 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 2 very positive mentions
  • 4 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
Mentions as of
2/25/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/27/2021
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/26/2021
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/26/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/25/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/25/2021
  • 0 very positive mentions
  • 2 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
8/24/2021
  • 1 very positive mentions
  • 19 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
9/23/2021

Current Sentiment

  • 1 very positive mentions
  • 19 positive mentions
  • 4 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

New Gold logo
New Gold Inc. is a gold mining company, which is engaged in the operation, development and exploration of mineral properties. Its portfolio includes Rainy RIver, New Afton, and Cerro San Pedro. The company was founded on January 31, 1980 and is headquartered in Toronto, Canada.
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Today's Range

Now: $1.14
Low: $1.10
High: $1.14

50 Day Range

MA: $2.17
Low: $1.93
High: $2.37

52 Week Range

Now: $1.14
Low: $1.01
High: $2.40

Volume

150,712 shs

Average Volume

6,635,612 shs

Market Capitalization

$772.76 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.91

Frequently Asked Questions

What sell-side analysts currently cover shares of New Gold?

The following Wall Street sell-side analysts have issued stock ratings on New Gold in the last year: Bank of America Co., BMO Capital Markets, Canaccord Genuity, CIBC, Cormark, National Bank Financial, Raymond James, Royal Bank of Canada, TheStreet, and Zacks Investment Research.
View the latest analyst ratings for NGD.

What is the current price target for New Gold?

5 Wall Street analysts have set twelve-month price targets for New Gold in the last year. Their average twelve-month price target is $2.10, suggesting a possible upside of 85.0%. BMO Capital Markets has the highest price target set, predicting NGD will reach $3.25 in the next twelve months. Royal Bank of Canada has the lowest price target set, forecasting a price of $1.50 for New Gold in the next year.
View the latest price targets for NGD.

What is the current consensus analyst rating for New Gold?

New Gold currently has 1 sell rating, 5 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in NGD, but not buy more shares or sell existing shares.
View the latest ratings for NGD.

How do I contact New Gold's investor relations team?

New Gold's physical mailing address is 181 Bay St Suite 3510, TORONTO, ON M5J 2T3, Canada. The basic materials company's listed phone number is (416) 324-6000 and its investor relations email address is [email protected] The official website for New Gold is www.newgold.com.