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New Gold - NGD Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: C$10.61
  • Forecasted Upside: -12.87%
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
C$12.18 As of 03/19/2026 02:29 PM ET
▼ -0.85 (-6.52%)

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 C$10.61
▼ -12.87% Downside Potential
This price target is based on 4 analysts offering 12 month price targets for New Gold in the last 3 months. The average price target is C$10.61, with a high forecast of C$12.50 and a low forecast of C$5.45. The average price target represents a -12.87% upside from the last price of C$12.18.

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 Moderate Buy

The current consensus among 4 contributing investment analysts is to moderate buy stock in New Gold. This rating has held steady since August 2025, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 2 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/25/2024
  • 2 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/24/2024
  • 3 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/24/2025
  • 2 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/22/2025
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/20/2025
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/19/2025
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
2/17/2026
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/19/2026

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/1/2025TD SecuritiesUpgradeHold ➝ BuyC$7.50 ➝ C$12.00
10/30/2025National Bank FinancialBoost TargetOutperformC$11.50 ➝ C$12.50
10/30/2025TD SecuritiesBoost TargetHoldC$7.00 ➝ C$7.50
10/2/2025Canaccord Genuity GroupBoost TargetC$9.00 ➝ C$12.50
9/9/2025National Bank FinancialBoost TargetOutperformC$8.00 ➝ C$9.50
6/30/2025Raymond James FinancialUpgradeHold
3/26/2025Bank of AmericaUpgradeUnderperform ➝ BuyC$3.65 ➝ C$5.45
3/21/2025National Bank FinancialUpgradeStrong-Buy
8/22/2024Canaccord Genuity GroupBoost TargetBuyC$4.00 ➝ C$4.50
8/1/2024National Bank FinancialBoost TargetOutperformC$4.00 ➝ C$4.25
7/31/2024BMO Capital MarketsBoost TargetC$4.25 ➝ C$4.50
7/23/2024Canaccord Genuity GroupBoost TargetC$3.25 ➝ C$4.00
7/10/2024Canadian Imperial Bank of CommerceUpgradeStrong-Buy
6/3/2024Canadian Imperial Bank of CommerceUpgradeNeutral ➝ Strong-BuyC$2.10 ➝ C$3.00
5/31/2024BMO Capital MarketsBoost TargetOutperformC$3.00 ➝ C$3.50
5/21/2024TD SecuritiesUpgradeStrong Sell ➝ Hold
5/21/2024ScotiabankUpgradeHold ➝ Strong-Buy
5/21/2024National Bank FinancialUpgradeSector Perform ➝ OutperformC$3.25 ➝ C$3.50
5/17/2024National Bank FinancialUpgradeHold ➝ Strong-Buy
4/23/2024Canaccord Genuity GroupBoost TargetC$2.75 ➝ C$3.00
4/9/2024Bank of AmericaBoost TargetC$1.90 ➝ C$2.30
4/8/2024National Bank FinancialReiterated RatingSector Perform Spec Overwgt
2/20/2024National Bank FinancialLower TargetSector PerformC$2.25 ➝ C$2.00
1/3/2024National Bank FinancialReiterated RatingSector Perform Spec Overwgt
10/6/2023BMO Capital MarketsBoost TargetOutperformC$2.00 ➝ C$2.25
7/28/2023National Bank FinancialLower TargetC$2.00 ➝ C$1.75
4/20/2023Raymond James FinancialBoost TargetMarket PerformC$1.00 ➝ C$1.50
4/18/2023National Bank FinancialBoost TargetC$1.75 ➝ C$2.25
4/5/2023Bank of AmericaBoost TargetC$1.30 ➝ C$1.40
2/17/2023Laurentian Bank of CanadaLower TargetC$2.75 ➝ C$2.50
1/13/2023National Bank FinancialBoost TargetSector PerformC$1.60 ➝ C$1.75
12/6/2022TD SecuritiesDowngradeSellC$0.85
11/22/2022Bank of AmericaLower TargetC$1.30 ➝ C$1.25
10/20/2022Canaccord Genuity GroupLower TargetC$1.75 ➝ C$1.60
10/13/2022National Bank FinancialBoost TargetSector PerformC$1.40 ➝ C$1.50
10/3/2022National Bank FinancialBoost TargetC$1.20 ➝ C$1.40
10/3/2022CormarkBoost TargetC$1.00 ➝ C$1.30
10/3/2022Royal Bank Of CanadaUpgradeBuyC$1.25
7/21/2022National Bank FinancialLower TargetSector PerformC$1.50 ➝ C$1.20
7/13/2022BMO Capital MarketsLower TargetC$3.00 ➝ C$2.00
7/13/2022CormarkLower TargetSector PerformC$2.25 ➝ C$1.00
7/12/2022Credit Suisse GroupLower TargetC$1.40 ➝ C$1.10
7/12/2022National Bank FinancialLower TargetSector PerformC$2.50 ➝ C$1.50
7/12/2022CSFBLower TargetC$1.40 ➝ C$1.10
4/22/2022Canaccord Genuity GroupUpgradeHold ➝ BuyC$2.25 ➝ C$3.00
4/20/2022National Bank FinancialLower TargetC$2.75 ➝ C$2.50
2/25/2022National Bank FinancialLower TargetSector PerformC$2.75 ➝ C$2.50
2/24/2022BMO Capital MarketsLower TargetC$3.50 ➝ C$3.25
1/18/2022Canaccord Genuity GroupDowngradeHoldC$2.25
11/19/2021National Bank FinancialBoost TargetSector PerformC$2.25 ➝ C$2.50
11/16/2021CormarkBoost TargetC$2.00 ➝ C$2.25
10/22/2021National Bank FinancialBoost TargetC$2.00 ➝ C$2.25
9/16/2021CormarkReiterated RatingSector Perform
9/15/2021CormarkLower TargetNAC$2.00
9/15/2021BMO Capital MarketsReiterated RatingHold
9/14/2021Raymond James FinancialReiterated RatingHoldC$2.50
9/14/2021BMO Capital MarketsLower TargetNAC$3.50 ➝ C$3.25
9/10/2021National Bank FinancialLower TargetSector PerformC$2.75 ➝ C$2.50
9/8/2021Royal Bank Of CanadaUpgradeUnderperform ➝ Sector PerformC$1.75 ➝ C$1.90
8/17/2021Raymond James FinancialBoost TargetMarket PerformC$2.50
8/12/2021BMO Capital MarketsLower TargetC$3.50
8/12/2021TD SecuritiesLower TargetHoldC$1.70
8/12/2021National Bank FinancialDowngradeOutperform Overweight ➝ Sector PerformC$2.75
8/12/2021Royal Bank Of CanadaReiterated RatingUnderperformC$2.20
7/16/2021National Bank FinancialLower TargetNAC$4.00 ➝ C$3.50
6/18/2021Royal Bank Of CanadaReiterated RatingUnderperformC$2.15
5/20/2021National Bank FinancialBoost TargetOutperformC$3.00 ➝ C$4.00
5/6/2021Royal Bank Of CanadaReiterated RatingUnderperformC$2.15
4/23/2021National Bank FinancialLower TargetOutperformC$3.25 ➝ C$3.00
(Data available from 3/19/2021 forward)

News Sentiment Rating

0.66 (Buy)

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
  • 6 positive mentions
  • 0 negative mentions
  • 2 very negative mentions
Mentions as of
8/21/2025
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/20/2025
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/20/2025
  • 3 very positive mentions
  • 15 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/19/2025
  • 0 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
12/19/2025
  • 0 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/18/2026
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/17/2026
  • 4 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/19/2026

Current Sentiment

  • 4 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

New Gold logo
New Gold Inc is an intermediate gold mining company. The company has a portfolio of two producing assets: Rainy River Mine and New Afton Mine in Canada. Also, it has interests in the Cerro San Pedro Mine in Mexico. The company derives revenue from the sale of Gold, Copper, and Silver.
Read More

Today's Range

Now: C$12.18
Low: C$11.63
High: C$12.47

50 Day Range

MA: C$15.38
Low: C$12.93
High: C$18.32

52 Week Range

Now: C$12.18
Low: C$4.12
High: C$18.62

Volume

1,209,093 shs

Average Volume

2,525,689 shs

Market Capitalization

C$9.64 billion

P/E Ratio

38.06

Dividend Yield

0.92%

Beta

1.926444

Frequently Asked Questions

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

The following equities research analysts have issued reports on New Gold in the last twelve months: Bank of America Corporation, Canaccord Genuity Group Inc., National Bank Financial, Raymond James Financial, Inc., and TD Securities.
View the latest analyst ratings for NGD.

What is the current price target for New Gold?

0 Wall Street analysts have set twelve-month price targets for New Gold in the last year. Their average twelve-month price target is C$10.61, suggesting a possible downside of 12.9%. Canaccord Genuity Group Inc. has the highest price target set, predicting NGD will reach C$12.50 in the next twelve months. Bank of America Corporation has the lowest price target set, forecasting a price of C$5.45 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 hold rating and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for NGD.

What other companies compete with New Gold?

Other companies that are similar to New Gold include Pan American Silver, Lundin Gold, Alamos Gold, Endeavour Mining and IAMGOLD. 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 company's listed phone number is +1-416-3246000. The official website for New Gold is www.newgold.com. Learn More about contacing New Gold investor relations.