New Gold Inc’s stock market performance has been consistent. The 1-year high for the company’s stock was recorded at $3.25 on 09/25/24, with the lowest value being $1.03 on 10/26/23.
52-week price history of NGD Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. New Gold Inc’s current trading price is -11.38% away from its 52-week high, while its distance from the 52-week low is 179.61%. The stock’s price range during this period has fluctuated between $1.03 and $3.25. Shares of the company, which operates in the Basic Materials sector, recorded a trading volume of around 8.65 million for the day, which was evidently lower than the average daily volume of 9.23 million over the last three months.
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Financial Performance and Market Capitalization
New Gold Inc (NGD) has experienced a quarterly rise of 38.46% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.28B and boasts a workforce of 1542 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.46, with a change in price of +0.84. Similarly, New Gold Inc recorded 8,600,291 in trading volume during the last 100 days, posting a change of +41.18%.
NGD Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for NGD stands at 0.52. Similarly, the long-term debt-to-equity ratio is also 0.52.
NGD Stock Stochastic Average
The raw stochastic average for New Gold Inc over the last 50 days is presently at 60.64%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 48.69%. Further, the company’s Stochastic %K and %D values for the last 20 days were 50.96% and 52.44%, respectively.
NGD Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 97.26%. However, over the past six months, we’ve seen a weaker performance of 58.24%. The price of NGD leaped by -7.40% over the last 30 days. And in the last five days, it has fallen by -4.95%.
