New Gold Inc. (TSE:NGD) (ARCA:NGD) – Research analysts at Cormark increased their Q4 2017 earnings estimates for New Gold in a research report issued to clients and investors on Thursday. Cormark analyst R. Gray now anticipates that the company will post earnings of $0.04 per share for the quarter, up from their prior estimate of $0.01.
New Gold (TSE:NGD) (ARCA:NGD) last posted its quarterly earnings data on Wednesday, October 25th. The company reported C$0.01 earnings per share (EPS) for the quarter, hitting the Zacks’ 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 (TSE:NGD) opened at C$3.88 on Monday. The firm has a market capitalization of $2,230.00, a P/E ratio of 32.33 and a beta of -0.28. New Gold has a one year low of C$3.11 and a one year high of C$5.79.
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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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