EPS for New Gold Inc. (NGD) Expected At $0.03

July 18, 2017 - By Marie Mckinney

 EPS for New Gold Inc. (NGD) Expected At $0.03

Analysts await New Gold Inc. (TSE:NGD) to report earnings on July, 26. They expect $0.03 EPS, down 25.00 % or $0.01 from last year’s $0.04 per share. T_NGD’s profit will be $17.47 million for 32.33 P/E if the $0.03 EPS becomes a reality. After $0.02 actual EPS reported by New Gold Inc. for the previous quarter, Wall Street now forecasts 50.00 % EPS growth. The stock increased 3.47% or $0.13 on July 17, reaching $3.88. About 571,031 shares traded. New Gold Inc. (TSE:NGD) has 0.00% since July 18, 2016 and is . It has underperformed by 16.70% the S&P500.

New Gold Inc. (TSE:NGD) Ratings Coverage

Among 10 analysts covering New Gold Inc. (TSE:NGD), 2 have Buy rating, 2 Sell and 6 Hold. Therefore 20% are positive. New Gold Inc. had 28 analyst reports since July 28, 2015 according to SRatingsIntel. Scotia Capital maintained New Gold Inc. (TSE:NGD) on Monday, January 23 with “Sector Perform” rating. Scotia Capital maintained New Gold Inc. (TSE:NGD) on Tuesday, December 20 with “Sector Perform” rating. As per Friday, August 28, the company rating was upgraded by Mackie. The firm has “Outperform” rating by RBC Capital Markets given on Tuesday, November 17. Desjardins Securities upgraded New Gold Inc. (TSE:NGD) on Tuesday, February 23 to “Hold” rating. RBC Capital Markets maintained the stock with “Sector Perform” rating in Wednesday, June 29 report. As per Tuesday, January 31, the company rating was downgraded by Scotia Capital. The stock of New Gold Inc. (TSE:NGD) earned “Buy” rating by TD Securities on Friday, April 28. The firm earned “Sector Perform” rating on Friday, April 28 by Scotia Capital. The rating was downgraded by Credit Suisse on Tuesday, January 31 to “Underperform”.

New Gold Inc. is an intermediate gold mining company. The company has market cap of $2.26 billion. The Firm is engaged in the development and operation of mineral properties. It has a 118.47 P/E ratio. The Company’s divisions include New Afton, Mesquite, Peak Mines, Cerro San Pedro, Corporate and Other.

More important recent New Gold Inc. (TSE:NGD) news were published by: Gurufocus.com which released: “Goldentree Asset Management Lp Buys Teekay Corp, New Gold Inc, Delta Air Lines …” on June 28, 2017, also Marketwired.com published article titled: “Parlane Closes Transaction with New Gold; Big Bear Property Sold for C$2.5 Million”, Juniorminingnetwork.com published: “New Gold Provides Rainy River Development Update; Project Schedule and Cost …” on June 27, 2017. More interesting news about New Gold Inc. (TSE:NGD) was released by: Prnewswire.com and their article: “New Gold to Discuss Second Quarter 2017 Financial Results on Thursday, July 27 …” with publication date: July 11, 2017.

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