New Gold Inc. (TSE:NGD) (ARCA:NGD) – Equities research analysts at Cormark upped their FY2017 earnings per share (EPS) estimates for shares of New Gold in a report issued on Thursday. Cormark analyst R. Gray now forecasts that the company will earn $0.10 per share for the year, up from their prior forecast of $0.08. Cormark also issued estimates for New Gold’s Q2 2018 earnings at $0.05 EPS, Q4 2018 earnings at $0.05 EPS, FY2018 earnings at $0.16 EPS, Q1 2019 earnings at $0.05 EPS, Q2 2019 earnings at $0.05 EPS, Q3 2019 earnings at $0.05 EPS, Q4 2019 earnings at $0.05 EPS and FY2019 earnings at $0.21 EPS.
New Gold (TSE:NGD) (ARCA:NGD) last released its quarterly earnings results on Wednesday, October 25th. The company reported C$0.01 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of C$0.01. New Gold had a return on equity of 5.05% and a net margin of 20.49%.
New Gold (NGD) traded down C$0.10 during trading hours on Friday, hitting C$3.87. The stock had a trading volume of 1,955,379 shares, compared to its average volume of 1,130,396. New Gold has a 12 month low of C$3.11 and a 12 month high of C$5.79. The company has a market capitalization of $2,230.00, a PE ratio of 32.25 and a beta of -0.28.
About New Gold
New Gold Inc is an intermediate gold mining company. The Company is engaged in the development and operation of mineral properties. Its segments include New Afton, Mesquite, Peak Mines, Cerro San Pedro, Corporate and Other. It has operating mines in Canada, the United States, Australia and Mexico; development projects in Canada, and a stream on gold production from a development property in Chile.
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