What is the price-to-earnings ratio of New Gold?
The price-earnings ratio of New Gold is currently 1.51.
New Gold P/S 2024
New Gold P/S
1.51
Ticker
NGD.TO
ISIN
CA6445351068
WKN
A0ERPH
As of Sep 19, 2024, New Gold's P/S ratio stood at 1.51, a 38.53% change from the 1.09 P/S ratio recorded in the previous year.
The New Gold P/S history
New Gold Aktienanalyse
What does New Gold do?
New Gold Inc. is a Canadian company that was founded in 2005. It is involved in the exploration and production of gold, silver, and copper, and operates several mines and projects in Canada, Mexico, the USA, and Australia. The company's business model is focused on profitable growth through expanding existing mines and acquiring new properties. The history of New Gold Inc. began in 2005 when it was formed through the merger of three smaller Canadian mining companies - Peak Gold, Western Goldfields, and Luismin. This merger created a company with several promising gold and copper deposits. Over the years, New Gold Inc. has become a significant player in the industry and strengthened its position through targeted acquisitions and investments. New Gold's business model is based on profitable growth through the exploration and production of gold, silver, and copper in its mines. The company currently operates four mines, one each in Canada, Mexico, the USA, and Australia. The company's main products are gold and copper, but silver production also plays an important role. In Canada, the company operates the Rainy River Mine, which began operations in 2017. Located in northwestern Ontario, the mine has an estimated reserve of over 5 million ounces of gold and is situated in a significant mining district. The Rainy River Mine is planned to be further developed in the coming years to increase its capacity and reduce costs. In Mexico, New Gold Inc. owns the Cerro San Pedro Mine, located near San Luis Potosi. The mine started production in 2007 and produces gold and silver. The Cerro San Pedro Mine has minimized environmental impacts through sustainable reforestation and restoration of the area. In the USA, New Gold Inc. operates the New Afton Mine near Kamloops in British Columbia. The mine, which began operations in 2012, produces gold, copper, and silver. It has a reservoir size of approximately 3.3 million ounces of gold equivalent. The New Afton Mine is an important source of revenue for the company. In Australia, New Gold owns 100% of the Blackwater Gold Mine. Located near Coolgardie in Western Australia, this mine contains a resource of over 20 million tonnes at a grade of 1.8 grams per tonne. The first gold pour took place in January 2021, and the mine is expected to increase its production in the future. New Gold Inc. offers a wide range of products that can be marketed in global markets. The company produces approximately 400,000 ounces of gold, 8,000 tonnes of copper, and 1.5 million ounces of silver annually. The majority of the products are marketed on world markets and sold to refineries and buyers worldwide. Overall, New Gold Inc. has established itself as a major player in the gold and copper mining industry. The company has strengthened its position through targeted investments and acquisitions and is able to compete in the global market. New Gold's business model is based on the exploration and production of gold, silver, and copper in its mines. The company operates multiple mines in Canada, Mexico, the USA, and Australia and produces approximately 400,000 ounces of gold, 8,000 tonnes of copper, and 1.5 million ounces of silver annually. New Gold ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/S Details
Decoding New Gold's P/S Ratio
New Gold's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.
Year-to-Year Comparison
Comparing New Gold's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.
Impact on Investments
The P/S ratio is instrumental for investors evaluating New Gold's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.
Interpreting P/S Ratio Fluctuations
Variations in New Gold’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.
Frequently Asked Questions about New Gold stock
How has the price-earnings ratio of New Gold changed compared to last year?
The price-to-earnings ratio of New Gold has increased by 38.53% increased compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of New Gold high compared to other companies?
Yes, the price-to-earnings ratio of New Gold is high compared to other companies.
How does an increase in the price-earnings ratio of New Gold affect the company?
An increase in the price-earnings ratio of New Gold would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of New Gold affect the company?
A decrease in the price-earnings ratio of New Gold would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of New Gold?
Some factors that influence the price-earnings ratio of New Gold are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does New Gold pay?
Over the past 12 months, New Gold paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, New Gold is expected to pay a dividend of 0 USD.
What is the dividend yield of New Gold?
The current dividend yield of New Gold is .
When does New Gold pay dividends?
New Gold pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of New Gold?
New Gold paid dividends every year for the past 0 years.
What is the dividend of New Gold?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is New Gold located?
New Gold is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von New Gold kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of New Gold from 9/19/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/19/2024.
When did New Gold pay the last dividend?
The last dividend was paid out on 9/19/2024.
What was the dividend of New Gold in the year 2023?
In the year 2023, New Gold distributed 0 USD as dividends.
In which currency does New Gold pay out the dividend?
The dividends of New Gold are distributed in USD.
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Andere Kennzahlen von New Gold
Our stock analysis for New Gold Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of New Gold Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
