New Gold Inc. (TSE:NGD) to Post FY2026 Earnings of $0.35 Per Share, National Bank Financial Forecasts

New Gold Inc. (TSE:NGD) (ARCA:NGD) – Analysts at National Bank Financial issued their FY2026 EPS estimates for shares of New Gold in a research note issued on Wednesday, May 1st. National Bank Financial analyst M. Parkin expects that the company will post earnings per share of $0.35 for the year. National Bank Financial has a “Sector Perform Spec Overwgt” rating on the stock. The consensus estimate for New Gold’s current full-year earnings is $0.14 per share.

Several other equities research analysts have also recently commented on the company. Bank of America raised their target price on New Gold from C$1.90 to C$2.30 in a research note on Tuesday, April 9th. National Bankshares lowered their price objective on shares of New Gold from C$2.25 to C$2.00 and set a “sector perform” rating for the company in a research note on Tuesday, February 20th. Finally, Canaccord Genuity Group boosted their target price on shares of New Gold from C$2.75 to C$3.00 in a research report on Tuesday, April 23rd.

New Gold Stock Performance

NGD stock opened at C$2.49 on Friday. The firm has a market cap of C$1.71 billion, a PE ratio of -20.75, a price-to-earnings-growth ratio of -3.02 and a beta of 1.52. The company has a current ratio of 1.54, a quick ratio of 1.64 and a debt-to-equity ratio of 50.84. The stock has a 50-day moving average price of C$2.25 and a 200-day moving average price of C$1.92. New Gold has a 1-year low of C$1.17 and a 1-year high of C$2.68.

New Gold (TSE:NGD) (ARCA:NGD) last announced its earnings results on Tuesday, February 13th. The company reported C($0.01) earnings per share for the quarter, missing analysts’ consensus estimates of C$0.03 by C($0.04). The firm had revenue of C$271.22 million for the quarter. New Gold had a negative return on equity of 7.38% and a negative net margin of 8.20%.

New Gold Company Profile

New Gold Inc, an intermediate gold mining company, develops and operates of mineral properties in Canada. It primarily explores for gold, silver, and copper deposits. The company's principal operating properties include 100% interest in the Rainy River mine located in Northwestern Ontario, Canada; and New Afton project situated in South-Central British Columbia.