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NYSEAMERICAN:NGD - New Gold Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $1.31
  • Forecasted Upside: 62.11 %
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 6 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$0.81 As of 08/9/2022 11:37 AM ET
▼ -0.0086 (-1.05%)

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 $1.31
▲ +62.11% 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 $1.31, with a high forecast of $2.00 and a low forecast of $0.85. The average price target represents a 62.11% upside from the last price of $0.81.

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 contributing 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
  • 1 buy ratings
  • 6 hold ratings
  • 1 sell ratings
Ratings as of
2/15/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 6 hold ratings
  • 1 sell ratings
Ratings as of
5/16/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
8/14/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
11/12/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
2/10/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
5/11/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
7/10/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 6 hold ratings
  • 0 sell ratings
Ratings as of
8/9/2022

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 6 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
7/21/2022National Bank FinancialLower Price TargetC$1.50 ➝ C$1.20
7/13/2022Raymond JamesLower Price TargetMarket Perform$2.00 ➝ $1.50
7/13/2022TD SecuritiesLower Price TargetHold$1.75 ➝ $0.85
7/13/2022BMO Capital MarketsLower Price TargetC$3.00 ➝ C$2.00
7/12/2022National Bank FinancialLower Price TargetC$2.50 ➝ C$1.50
7/12/2022Royal Bank of CanadaLower Price TargetSector Perform$1.50 ➝ $1.00
5/3/2022TD SecuritiesLower Price TargetHold$2.00 ➝ $1.75
5/3/2022Raymond JamesSet Price TargetMarket Perform$2.00
4/21/2022Canaccord Genuity GroupUpgradeHold ➝ Buy
4/20/2022National Bank FinancialLower Price TargetC$2.75 ➝ C$2.50
2/24/2022Raymond JamesSet Price TargetMarket Perform$2.00
2/4/2022National Bank FinancialBoost Price TargetC$2.50 ➝ C$2.75
1/18/2022Canaccord Genuity GroupDowngradeBuy ➝ Hold
1/18/2022Canaccord Genuity GroupDowngradeBuy ➝ Hold
12/24/2021BMO Capital MarketsInitiated CoverageOutperform
12/14/2021Raymond JamesBoost Price TargetMarket Perform$1.75 ➝ $2.00
11/22/2021National Bank FinancialBoost Price TargetSector PerformC$2.25 ➝ C$2.50
11/15/2021Raymond JamesSet Price TargetMarket Perform$1.75
11/15/2021TD SecuritiesBoost Price TargetHold$1.50 ➝ $1.75
10/13/2021Raymond JamesLower Price TargetMarket Perform$2.00 ➝ $1.75
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
9/8/2021Royal 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
2/22/2021Raymond JamesSet Price TargetMarket Perform$2.25
2/12/2021Raymond JamesSet Price TargetMarket Perform$2.25
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
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
2/14/2020CIBCDowngradeNeutral ➝ 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
7/15/2019CIBCUpgradeUnderperform ➝ 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
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
8/15/2018Royal 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
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
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
(Data available from 8/9/2017 forward)

News Sentiment Rating

0.06 (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
  • 1 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/11/2022
  • 0 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/10/2022
  • 3 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
3/12/2022
  • 1 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
4/11/2022
  • 1 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
5/11/2022
  • 3 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
6/10/2022
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
7/10/2022
  • 0 very positive mentions
  • 17 positive mentions
  • 6 negative mentions
  • 1 very negative mentions
Mentions as of
8/9/2022

Current Sentiment

  • 0 very positive mentions
  • 17 positive mentions
  • 6 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

  • No very positive mentions tracked during this time.
New Gold logo
New Gold Inc., an intermediate gold mining company, engages in the exploration, development, and operation of mineral properties. It primarily explores for gold, silver, and copper deposits. The company's principal operating properties include 100% interests in the Rainy River mine located in Ontario, Canada; and New Afton mine situated in British Columbia, Canada. It also operates the Cerro San Pedro mine in San Luis Potosí, Mexico. The company was incorporated in 1980 and is headquartered in Toronto, Canada.
Read More

Today's Range

Now: $0.81
Low: $0.80
High: $0.83

50 Day Range

MA: N/A

52 Week Range

Now: $0.81
Low: $0.67
High: $2.02

Volume

6,478 shs

Average Volume

6,616,385 shs

Market Capitalization

$551.21 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.99

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: BMO Capital Markets, Canaccord Genuity Group Inc., Cormark, National Bank Financial, Raymond James, Royal Bank of Canada, TD Securities, and TheStreet.
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 $1.31, suggesting a possible upside of 62.1%. BMO Capital Markets has the highest price target set, predicting NGD will reach $2.00 in the next twelve months. TD Securities has the lowest price target set, forecasting a price of $0.85 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 6 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.

What other companies compete with New Gold?

Other companies that are similar to New Gold include Fission Uranium, Dakota Territory Resource, Ivanhoe Electric, Battle North Gold and PolyMet Mining. Learn More about companies similar to New Gold.

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. Learn More about contacing New Gold investor relations.