New Gold (NGD.TO) Stock Price

New Gold Price

🇨🇦TSX·CLOSED
8.88USD
Market closed
Today +/-
Today %

New Gold (NGD.TO) Stock | ISIN CA6445351068 | WKN A0ERPH. The current New Gold stock price is 8.88 USD (2026). Revenue is 2.43 B USD. Net income is 885.26 M USD. The P/E ratio is 7.61. Market capitalization is 6.73 B USD. New Gold operates in the Commodities sector.

New Gold stock price

Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of New Gold over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how New Gold stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing New Gold's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

New Gold Stock Price History
DateNew Gold Price
Access this data via the Eulerpool API

New Gold Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2005
400,000 USD
-2.8 M USD
-2.4 M USD
Jan 1, 2006
2.4 M USD
-3.6 M USD
-3.1 M USD
Jan 1, 2007
6.1 M USD
-500,000 USD
-57.3 M USD
Jan 1, 2008
143.1 M USD
-5.1 M USD
-102.7 M USD
Jan 1, 2009
323.8 M USD
50.9 M USD
-194.3 M USD
Jan 1, 2010
530.5 M USD
160.4 M USD
47.5 M USD
Jan 1, 2011
695.9 M USD
267.8 M USD
179 M USD
Jan 1, 2012
791.3 M USD
273.9 M USD
199 M USD
Jan 1, 2013
779.7 M USD
104 M USD
-191.2 M USD
Jan 1, 2014
726 M USD
61.6 M USD
-477.1 M USD
Jan 1, 2015
712.9 M USD
15.4 M USD
-201.4 M USD
Jan 1, 2016
522.8 M USD
11.9 M USD
-7 M USD
Jan 1, 2017
388.7 M USD
-4.9 M USD
-108 M USD
Jan 1, 2018
604.5 M USD
12.3 M USD
-1.24 B USD
Jan 1, 2019
630.6 M USD
-6.8 M USD
-73.5 M USD

New Gold Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 10, 2026, 12:36 PM
 
REVENUE (M USD)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (M USD)
NET INCOME (M USD)
NET INCOME GROWTH (%)
SHARES (M)
DOCUMENTS
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales New Gold generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue New Gold retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare New Gold's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares New Gold has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against New Gold's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

New Gold stock margins

The New Gold margin analysis displays the gross margin, EBIT margin, as well as the profit margin of New Gold. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for New Gold.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2005
81.67 %
-700 %
-600 %
Jan 1, 2006
81.67 %
-150 %
-129.17 %
Jan 1, 2007
81.67 %
-8.2 %
-939.34 %
Jan 1, 2008
81.67 %
-3.56 %
-71.77 %
Jan 1, 2009
81.67 %
15.72 %
-60.01 %
Jan 1, 2010
79.62 %
30.24 %
8.95 %
Jan 1, 2011
80.72 %
38.48 %
25.72 %
Jan 1, 2012
83.56 %
34.61 %
25.15 %
Jan 1, 2013
78.62 %
13.34 %
-24.52 %
Jan 1, 2014
79.06 %
8.48 %
-65.72 %
Jan 1, 2015
72.27 %
2.16 %
-28.25 %
Jan 1, 2016
72.05 %
2.28 %
-1.34 %
Jan 1, 2017
76.31 %
-1.26 %
-27.78 %
Jan 1, 2018
78.79 %
2.03 %
-205.21 %
Jan 1, 2019
72.8 %
-1.08 %
-11.66 %

New Gold Stock Revenue, EBIT, Earnings per Share

The New Gold earnings per share therefore indicates how much revenue New Gold has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2005
0.03 USD
-0.19 USD
-0.17 USD
Jan 1, 2006
0.11 USD
-0.16 USD
-0.14 USD
Jan 1, 2007
0.2 USD
-0.02 USD
-1.87 USD
Jan 1, 2008
0.97 USD
-0.03 USD
-0.69 USD
Jan 1, 2009
1.06 USD
0.17 USD
-0.63 USD
Jan 1, 2010
1.34 USD
0.41 USD
0.12 USD
Jan 1, 2011
1.58 USD
0.61 USD
0.41 USD
Jan 1, 2012
1.69 USD
0.58 USD
0.42 USD
Jan 1, 2013
1.6 USD
0.21 USD
-0.39 USD
Jan 1, 2014
1.44 USD
0.12 USD
-0.95 USD
Jan 1, 2015
1.4 USD
0.03 USD
-0.4 USD
Jan 1, 2016
1.02 USD
0.02 USD
-0.01 USD
Jan 1, 2017
0.69 USD
-0.01 USD
-0.19 USD
Jan 1, 2018
1.04 USD
0.02 USD
-2.14 USD
Jan 1, 2019
1.03 USD
-0.01 USD
-0.12 USD

New Gold business model & stock analysis

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 SWOT Analysis

Strengths

New Gold Inc has a diverse portfolio of gold mines located in various regions, providing geographic diversification.

The company employs modern technology and practices to enhance efficiency and maximize production levels.

New Gold Inc has a strong financial position, which enables it to invest in exploration activities and undertake strategic acquisitions.

Weaknesses

The company relies heavily on gold as its primary commodity, which leaves it vulnerable to fluctuations in gold prices.

New Gold Inc faces potential operational risks and challenges associated with mining activities, such as environmental regulations, community relations, and safety concerns.

The company has relatively high debt levels, which may limit its financial flexibility and increase interest expense.

Opportunities

The increasing demand for gold in emerging markets presents opportunities for New Gold Inc to expand its customer base and generate higher revenues.

Exploration and development of new mining projects can lead to the discovery of additional gold reserves and increase the company's resource base.

Advancements in technology and mining techniques offer opportunities for improved operational efficiencies and cost reductions.

Threats

Fluctuations in gold prices, influenced by global economic conditions and investor sentiment, pose a threat to New Gold Inc's profitability.

Increased regulations and scrutiny in the mining industry could result in higher compliance costs and operational restrictions for the company.

Competition from other gold producers, as well as alternative investments, may impact New Gold Inc's market share and pricing power.

New Gold Eulerpool Fair Value

New Gold historical P/E ratio, EBIT multiple, and P/S ratio

New Gold annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

New Gold shares outstanding

The number of shares was New Gold in 2025 — This indicates how many shares 758.4 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2005
14.4 M base_Shares
Jan 1, 2006
22.7 M base_Shares
Jan 1, 2007
30.7 M base_Shares
Jan 1, 2008
148.1 M base_Shares
Jan 1, 2009
306.3 M base_Shares
Jan 1, 2010
395.2 M base_Shares
Jan 1, 2011
441 M base_Shares
Jan 1, 2012
468.4 M base_Shares
Jan 1, 2013
488 M base_Shares
Jan 1, 2014
503.9 M base_Shares
Jan 1, 2015
509 M base_Shares
Jan 1, 2016
511.8 M base_Shares
Jan 1, 2017
564.7 M base_Shares
Jan 1, 2018
578.7 M base_Shares
Jan 1, 2019
611.1 M base_Shares
Price targets and forecasts for New Gold are not yet available.

New Gold Earnings Estimates

New Gold Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
4/24/20240.04USD208.79 MUSD2024 Q1
2/14/20240.02USD189.31 MUSD2023 Q4
8/2/20230.03USD204.58 MUSD2023 Q2
5/1/20230.02USD188.2 MUSD2023 Q1
2/21/2023-0.01USD164.92 MUSD2022 Q4
11/3/2022-0.01USD151.35 MUSD2022 Q3
8/4/2022-0.02USD138.77 MUSD2022 Q2
5/2/20220.02USD168.26 MUSD2022 Q1
2/23/20220.04USD199.26 MUSD2021 Q4
11/12/20210.02USD195.19 MUSD2021 Q3

EESG©

Eulerpool ESG Scorecard© for the New Gold stock

74/100
79
Environment
76
Social
66
Governance
E

Environment

20
Scope 1 - Direct Emissions142,937.3
Scope 2 - Indirect emissions from purchased energy14,785.7
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions157,723
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees17.5
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

New Gold shareholder structure

% Name
6.36873%
Van Eck Associates Corporation
Van Eck Associates Corporation
4.31697%
Condire Management, LP
Condire Management, LP
3.84212%
Renaissance Technologies LLC
Renaissance Technologies LLC
3.82384%
Bollinger (William Guest)
Bollinger (William Guest)
3.7991%
Arrowstreet Capital, Limited Partnership
Arrowstreet Capital, Limited Partnership
2.42023%
Two Sigma Investments, LP
Two Sigma Investments, LP
2.05839%
American Century Investment Management, Inc.
American Century Investment Management, Inc.
1.51181%
J.P. Morgan Securities LLC
J.P. Morgan Securities LLC
1.3961%
JGP Gestão de Recursos Ltda.
JGP Gestão de Recursos Ltda.
1.32967%
Pine Valley Investments LLC
Pine Valley Investments LLC
...

New Gold Executives and Management Board

PG

Mr. Patrick Godin

(56)

President, Chief Executive Officer, Director · since 2022

Compensation4.35 M USD
AS

Mr. Ankit Shah

Executive Vice President - Strategy and Business Development

Compensation1.78 M USD
KM

Mr. Keith Murphy

Chief Financial Officer, Executive Vice President

Compensation1.43 M USD
LB

Mr. Luke Buchanan

Vice President - Technical Services

Compensation1.36 M USD
SK

Mr. Sean Keating

Vice President, General Counsel, Corporate Secretary

Compensation1.18 M USD

New Gold Supply Chain

Frequently asked questions about New Gold

The business model of New Gold Inc. is focused on the exploration, development, and operation of mining properties. The company explores for precious metals, primarily gold, as well as silver and copper. New Gold Inc. operates several mines located in North America, including the Rainy River Mine in Ontario, Canada, and the New Afton Mine in British Columbia, Canada. The company's strategy is to maximize the value of its existing assets while pursuing growth opportunities through exploration and acquisitions. New Gold Inc. aims to deliver long-term sustainable value for its shareholders through responsible mining practices and maintaining strong relationships with local communities and stakeholders.

All fundamentals and in-depth analysis of 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.