Missed NVDA?
Don’t Miss the Next One.
Join 5,000+ investors using Ticker Nerd’s Market Radar to stay ahead of major market moves, analyst upgrades, and trending opportunities — for free.
NGD Stock Forecast 2026-2027
$9.08
Current Price
$7.21B
Market Cap
Buy 3
Hold 1
Sell 1
Wall St Analyst Ratings
Distance to NGD Price Targets
+65.2%
To High Target of $15.00
+43.2%
To Median Target of $13.00
+40.4%
To Low Target of $12.75
NGD Price Momentum
0.0%
1 Week Change
0.0%
1 Month Change
+161.7%
1 Year Change
+4.2%
Year-to-Date Change
-33.4%
From 52W High of $13.63
+213.1%
From 52W Low of $2.90
📊 TOP ANALYST CALLS
Did NGD Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if New Gold is one of their latest high-conviction picks.
Latest NGD Stock Price Targets & Analyst Predictions
Based on our analysis of 1 Wall Street analyst, NGD has a bullish consensus with a median price target of $13.00 (ranging from $12.75 to $15.00). The overall analyst rating is Buy (7.7/10). Currently trading at $9.08, the median forecast implies a 43.2% upside. This outlook is supported by 3 Buy, 1 Hold, and 1 Sell ratings.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
NGD Analyst Ratings
3
Buy
1
Hold
1
Sell
NGD Price Target Range
Low
$12.75
Average
$13.00
High
$15.00
Current: $9.08
Latest NGD Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for NGD.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Jan 26, 2026 | Scotiabank | Sector Outperform | Maintains | $N/A | |
| Oct 23, 2025 | Scotiabank | Sector Outperform | Maintains | $N/A | |
| Oct 10, 2025 | CIBC | Outperformer | Maintains | $N/A | |
| Jul 15, 2025 | CIBC | Outperformer | Maintains | $N/A | |
| May 8, 2025 | CIBC | Outperformer | Maintains | $N/A | |
| Apr 14, 2025 | Scotiabank | Sector Outperform | Maintains | $N/A | |
| Apr 8, 2025 | Scotiabank | Sector Outperform | Maintains | $N/A | |
| Feb 13, 2025 | Scotiabank | Sector Outperform | Maintains | $N/A | |
| Sep 17, 2024 | Scotiabank | Sector Outperform | Maintains | $N/A | |
| Aug 19, 2024 | Scotiabank | Sector Outperform | Maintains | $N/A | |
| Jul 10, 2024 | CIBC | Outperformer | Maintains | $N/A | |
| Jun 3, 2024 | CIBC | Outperformer | Upgrade | $N/A | |
| May 31, 2024 | BMO Capital | Outperform | Maintains | $N/A | |
| May 23, 2024 | Scotiabank | Sector Outperform | Maintains | $N/A | |
| May 21, 2024 | Scotiabank | Sector Outperform | Upgrade | $N/A | |
| Apr 15, 2024 | CIBC | Neutral | Maintains | $N/A | |
| Apr 8, 2024 | Scotiabank | Sector Perform | Maintains | $N/A | |
| Dec 6, 2022 | TD Securities | Reduce | Downgrade | $N/A | |
| Oct 3, 2022 | RBC Capital | Outperform | Upgrade | $N/A | |
| Jul 12, 2022 | RBC Capital | Sector Perform | Maintains | $N/A |
New Gold Inc. (NGD) Competitors
The following stocks are similar to New Gold based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
New Gold Inc. (NGD) Financial Data
New Gold Inc. has a market capitalization of $7.21B with a P/E ratio of 28.4x. The company generates $1.24B in trailing twelve-month revenue with a 20.1% profit margin.
Revenue growth is +83.5% quarter-over-quarter, while maintaining an operating margin of +50.2% and return on equity of +22.3%.
Valuation Metrics
Market Cap
$7.21B
Enterprise Value
$7.46B
P/E Ratio
28.4x
PEG Ratio
7.7x
Price/Sales
5.8x
Growth & Margins
Revenue Growth (YoY)
+83.5%
Gross Margin
+69.1%
Operating Margin
+50.2%
Net Margin
+20.1%
EPS Growth
+275.5%
Financial Health
Cash/Price Ratio
+1.7%
Current Ratio
0.9x
Debt/Equity
32.1x
ROE
+22.3%
ROA
+12.8%
💡 SKIP THE NOISE
97% of Analyst Ratings Go Nowhere
We filter thousands of calls to find the few that actually matter. Get the top analyst buy ratings — tracked and updated every Monday and Thursday.
New Gold Inc. (NGD) Business Model
About New Gold Inc.
What They Do
Intermediate gold mining company focused on exploration.
Business Model
The company generates revenue through the exploration, development, and operation of its mineral properties, primarily producing gold, silver, and copper from its key assets, the Rainy River Mine and the New Afton Mine. New Gold also engages in project development to expand its portfolio and resource base.
Additional Information
Founded in 1980 and headquartered in Toronto, New Gold has a history of growth through mergers and acquisitions, positioning itself as a mid-tier producer with significant gold reserves. The company also has historical operations in Mexico and is actively involved in developing new projects like Blackwater in British Columbia, contributing to the supply chains of essential metals across North America.
Company Information
Sector
Basic Materials
Industry
Gold
Employees
0
CEO
Mr. Patrick Godin Asc., B.Sc., Eng., M.Eng., P.Eng.
Country
Canada
IPO Year
2004
Website
www.newgold.comNew Gold Inc. (NGD) Latest News & Analysis
Latest News
New Gold Completes Arrangement with Coeur Mining
1 month ago
Quick Summary
New Gold Inc. has completed its acquisition by Coeur Mining, with shareholders receiving 0.4959 shares of Coeur stock for each New Gold share held.
Why It Matters
The acquisition of New Gold by Coeur Mining impacts shareholder value, alters market dynamics, and may influence stock performance and investor sentiment in both companies.
Source: PRNewsWire
Market Sentiment:
Neutral
Quick Summary
New Gold (NGD) is projected to deliver strong returns due to its robust growth potential.
Why It Matters
New Gold's strong growth potential suggests rising profitability, which may lead to increased stock value and attractiveness for investment, signaling potential high returns.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
New Gold (NGD) closed at $9.07, down 4.22% from the previous trading day.
Why It Matters
New Gold's 4.22% decline signals potential volatility and may affect investor sentiment, indicating possible shifts in market confidence or underlying issues within the company.
Source: Zacks Investment Research
Market Sentiment:
Negative
Quick Summary
Wall Street analysts' ratings significantly influence investor decisions and can impact stock prices when media reports highlight changes in these ratings.
Why It Matters
Changes in analyst ratings can trigger significant stock price movements, influencing investor decisions and market sentiment, impacting overall portfolio performance.
Source: Zacks Investment Research
Market Sentiment:
Negative
Quick Summary
New Gold reported increased Q4 output at Rainy River due to higher grades and mill throughput, compensating for lower New Afton production, while strong cash flow reduced debt.
Why It Matters
New Gold's increased output and strong cash flow suggest operational efficiency, enhancing profitability and reducing debt risk, which can positively impact investor confidence and stock performance.
Source: Zacks Investment Research
Market Sentiment:
Positive
Quick Summary
New Gold (NGD) closed at $10.72, down 2.99% from the previous trading session.
Why It Matters
New Gold's 2.99% decline signals potential volatility and may affect investor sentiment, influencing decisions on buying or selling the stock.
Source: Zacks Investment Research
Market Sentiment:
Neutral
Frequently Asked Questions About NGD Stock
What is New Gold Inc.'s (NGD) stock forecast for 2026?
Based on our analysis of 1 Wall Street analysts, New Gold Inc. (NGD) has a median price target of $13.00. The highest price target is $15.00 and the lowest is $12.75.
Is NGD stock a good investment in 2026?
According to current analyst ratings, NGD has 3 Buy ratings, 1 Hold ratings, and 1 Sell ratings. The stock is currently trading at $9.08. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for NGD stock?
Wall Street analysts predict NGD stock could reach $13.00 in the next 12 months. This represents a 43.2% increase from the current price of $9.08. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is New Gold Inc.'s business model?
The company generates revenue through the exploration, development, and operation of its mineral properties, primarily producing gold, silver, and copper from its key assets, the Rainy River Mine and the New Afton Mine. New Gold also engages in project development to expand its portfolio and resource base.
What is the highest forecasted price for NGD New Gold Inc.?
The highest price target for NGD is $15.00 from at , which represents a 65.2% increase from the current price of $9.08.
What is the lowest forecasted price for NGD New Gold Inc.?
The lowest price target for NGD is $12.75 from at , which represents a 40.4% increase from the current price of $9.08.
What is the overall NGD consensus from analysts for New Gold Inc.?
The overall analyst consensus for NGD is bullish. Out of 1 Wall Street analysts, 3 rate it as Buy, 1 as Hold, and 1 as Sell, with a median price target of $13.00.
How accurate are NGD stock price projections?
Stock price projections, including those for New Gold Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
Important Disclaimer
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Last updated: April 19, 2026 6:43 PM UTC