New Gold Inc. (NGD)
New Gold Statistics
Share Statistics
New Gold has 791.3M shares outstanding. The number of shares has increased by 15.36% in one year.
| Shares Outstanding | 791.3M |
| Shares Change (YoY) | 15.36% |
| Shares Change (QoQ) | 0.04% |
| Owned by Institutions (%) | 49.96% |
| Shares Floating | 760.39M |
| Failed to Deliver (FTD) Shares | 128.68K |
| FTD / Avg. Volume | 0.84% |
Short Selling Information
The latest short interest is 6.91M, so 0.87% of the outstanding shares have been sold short.
| Short Interest | 6.91M |
| Short % of Shares Out | 0.87% |
| Short % of Float | 0.91% |
| Short Ratio (days to cover) | 0.9 |
Valuation Ratios
The PE ratio is 18.18 and the forward PE ratio is 7.74. New Gold's PEG ratio is -0.07.
| PE Ratio | 18.18 |
| Forward PE | 7.74 |
| PS Ratio | 2.02 |
| Forward PS | 2 |
| PB Ratio | 1.77 |
| P/FCF Ratio | 15.33 |
| PEG Ratio | -0.07 |
Enterprise Valuation
New Gold Inc. has an Enterprise Value (EV) of 1.19B.
| EV / Earnings | 11.62 |
| EV / Sales | 1.29 |
| EV / EBITDA | 3.52 |
| EV / EBIT | 6.54 |
| EV / FCF | 9.8 |
Financial Position
The company has a current ratio of 1.39, with a Debt / Equity ratio of 0.38.
| Current Ratio | 1.39 |
| Quick Ratio | 0.79 |
| Debt / Equity | 0.38 |
| Total Debt / Capitalization | 27.53 |
| Cash Flow / Debt | 0.98 |
| Interest Coverage | 23.37 |
Financial Efficiency
Return on equity (ROE) is 0.1% and return on capital (ROIC) is 15.48%.
| Return on Equity (ROE) | 0.1% |
| Return on Assets (ROA) | 0.05% |
| Return on Capital (ROIC) | 15.48% |
| Revenue Per Employee | $691,473.45 |
| Profits Per Employee | $76,738.97 |
| Employee Count | 1,337 |
| Asset Turnover | 0.46 |
| Inventory Turnover | 5.76 |
Taxes
| Income Tax | -19.4M |
| Effective Tax Rate | -0.23 |
Stock Price Statistics
The stock price has increased by 112.94% in the last 52 weeks. The beta is 1.61, so New Gold's price volatility has been higher than the market average.
| Beta | 1.61 |
| 52-Week Price Change | 112.94% |
| 50-Day Moving Average | 2.99 |
| 200-Day Moving Average | 2.66 |
| Relative Strength Index (RSI) | 70.64 |
| Average Volume (20 Days) | 15.34M |
Income Statement
In the last 12 months, New Gold had revenue of 924.5M and earned 102.6M in profits. Earnings per share was 0.14.
| Revenue | 924.5M |
| Gross Profit | 240.7M |
| Operating Income | 182.3M |
| Net Income | 102.6M |
| EBITDA | 339.1M |
| EBIT | 182.3M |
| Earnings Per Share (EPS) | 0.14 |
Balance Sheet
The company has 105.2M in cash and 399.7M in debt, giving a net cash position of -294.5M.
| Cash & Cash Equivalents | 105.2M |
| Total Debt | 399.7M |
| Net Cash | -294.5M |
| Retained Earnings | -2.36B |
| Total Assets | 2B |
| Working Capital | 77.5M |
Cash Flow
In the last 12 months, operating cash flow was 392.8M and capital expenditures -271.1M, giving a free cash flow of 121.7M.
| Operating Cash Flow | 392.8M |
| Capital Expenditures | -271.1M |
| Free Cash Flow | 121.7M |
| FCF Per Share | 0.16 |
Margins
Gross margin is 26.04%, with operating and profit margins of 19.72% and 11.1%.
| Gross Margin | 26.04% |
| Operating Margin | 19.72% |
| Pretax Margin | 9% |
| Profit Margin | 11.1% |
| EBITDA Margin | 36.68% |
| EBIT Margin | 19.72% |
| FCF Margin | 13.16% |
Dividends & Yields
NGD does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 3.87% |
| FCF Yield | 4.25% |
Analyst Forecast
The average price target for NGD is $3.5, which is -3.3% lower than the current price. The consensus rating is "Buy".
| Price Target | $3.5 |
| Price Target Difference | -3.3% |
| Analyst Consensus | Buy |
| Analyst Count | 3 |
Scores
| Altman Z-Score | 0.63 |
| Piotroski F-Score | 6 |