FY2016 Earnings Estimate for New Gold Inc. Issued By National Bank Financial (NGD)
New Gold Inc. (ARCA:NGD) – Stock analysts at National Bank Financial dropped their FY2016 earnings per share estimates for New Gold in a research note issued on Wednesday. National Bank Financial analyst S. Parsons now anticipates that the brokerage will post earnings per share of $0.07 for the year, down from their previous estimate of $0.10.
Separately, Desjardins upgraded New Gold from a “hold” rating to a “buy” rating in a research note on Friday, September 16th.
Shares of New Gold (ARCA:NGD) opened at 3.87 on Monday. The firm has a 50-day moving average price of $4.54 and a 200 day moving average price of $4.54. The stock’s market capitalization is $1.98 billion. New Gold has a one year low of $1.76 and a one year high of $6.04.
Receive News & Ratings for New Gold Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New Gold Inc. and related companies with MarketBeat.com's FREE daily email newsletter.