New Gold Inc.(NGD)Earnings, Financials & Key Ratios
NGD•AMEX
$9.08
$7.19B mkt cap·64.9× P/E·Price updated May 1, 2026
AboutNew Gold Inc., an intermediate gold mining company, engages in the exploration, development, and operation of mineral properties. It primarily explores for gold, silver, and copper deposits. The company's principal operating properties include 100% interests in the Rainy River mine located in Ontario, Canada; and New Afton mine situated in British Columbia, Canada. It also operates the Cerro San Pedro mine in San Luis Potosí, Mexico. The company was incorporated in 1980 and is headquartered in Toronto, Canada.Show more
- Revenue$925M+17.5%
- EBITDA$423M+38.2%
- Net Income$103M+259.1%
- EPS (Diluted)0.14+248.5%
- Gross Margin26.04%+101.0%
- EBITDA Margin45.75%+17.6%
- Operating Margin19.72%+151.0%
- Net Margin11.1%+235.3%
- ROE11.14%+251.1%
- ROIC11.63%+170.9%
- Debt/Equity0.38-25.3%
- Interest Coverage15.44+74.9%
NGD Key Insights
New Gold Inc. (NGD) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Momentum leader: RS Rating 82 (top 18%)
- ✓High quality earnings: Operating CF exceeds net income
✗Weaknesses
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
NGD Price & Volume
New Gold Inc. (NGD) stock price & volume — 10-year historical chart
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NGD Growth Metrics
New Gold Inc. (NGD) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years2.45%
5 Years7.95%
3 Years7.44%
TTM42.61%
Profit CAGR
10 Years-
5 Years-
3 Years-9.97%
TTM1132.45%
EPS CAGR
10 Years-
5 Years-
3 Years-11.21%
TTM1932.9%
Return on Capital
10 Years-2.02%
5 Years4.39%
3 Years3.9%
Last Year9.44%
NGD Recent Earnings
New Gold Inc. (NGD) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 6/12 qtrs (50%)
Q4 2025Latest
Oct 28, 2025EPS
$0.25
Est $0.18
+38.9%
Revenue
$449M
Est $420M
+6.9%
Q3 2025
Jul 28, 2025EPS
$0.11
Est $0.10
+10.0%
Revenue
$313M
Est $432M
-27.5%
Q2 2025
Apr 29, 2025EPS
$0.02
Est $0.01
+100.0%
Revenue
$208M
Est $171M
+21.9%
Q1 2025
Feb 19, 2025EPS
$0.07
Est $0.06
+16.7%
Revenue
$262M
Est $262M
-0.0%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q4 2025Latest | Oct 28, 2025 | $0.25vs $0.18+38.9% | $449Mvs $420M+6.9% |
| Q3 2025 | Jul 28, 2025 | $0.11vs $0.10+10.0% | $313Mvs $432M-27.5% |
| Q2 2025 | Apr 29, 2025 | $0.02vs $0.01+100.0% | $208Mvs $171M+21.9% |
| Q1 2025 | Feb 19, 2025 | $0.07vs $0.06+16.7% | $262Mvs $262M-0.0% |
Based on last 12 quarters of dataView full earnings history →
NGD Peer Comparison
New Gold Inc. (NGD) competitors in Large and mid-tier gold producers — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 EGO | 5.8B | 29.33 | 11.69 | 39.93% | 28% | 12.42% | 0.30 | |
 CDE | 11B | 17.13 | 19.03 | 96.41% | 24.03% | 13.21% | 6.05% | |
 HL | 11.43B | 17.05 | 34.80 | 53.03% | 35.55% | 22.55% | 2.71% | 0.12 |
 PAAS | 21.29B | 50.52 | 19.36 | 30.63% | 27.08% | 16.83% | 5.08% | 0.13 |
 AG | 9.36B | 19.10 | -56.18 | -2.74% | 7.86% | 2.54% | 0.39% | 0.18 |
 IAG | 9.58B | 16.28 | 14.03 | 77.75% | 23.37% | 18.23% | 8.05% | 0.20 |
 NEM | 120.78B | 109.01 | 17.01 | 19.08% | 30.54% | 15.58% | 6.04% | 0.01 |
 AEM | 89.25B | 178.14 | 20.11 | 43.71% | 37.48% | 19.25% | 4.78% | 0.01 |
Compare NGD vs Peers
New Gold Inc. (NGD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
NGD Income Statement
New Gold Inc. (NGD) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 683.8M | 604.4M | 604.5M | 630.6M | 643.4M | 745.5M | 604.4M | 786.5M | 924.5M | 1.23B |
| Revenue Growth % | -4.08% | -11.61% | 0.02% | 4.32% | 2.03% | 15.87% | -18.93% | 30.13% | 17.55% | 42.61% |
| Cost of Goods Sold | 621.2M | 541.3M | 565.3M | 612.5M | 533M | 573M | 578.1M | 684.6M | 683.8M | 720.21M |
| COGS % of Revenue | 90.85% | 89.56% | 93.52% | 97.13% | 82.84% | 76.86% | 95.65% | 87.04% | 73.96% | - |
| Gross Profit | 62.6M▲ 0% | 63.1M▲ 0.8% | 39.2M▼ 37.9% | 18.1M▼ 53.8% | 110.4M▲ 509.9% | 172.5M▲ 56.3% | 26.3M▼ 84.8% | 101.9M▲ 287.5% | 240.7M▲ 136.2% | 508.36M▲ 0% |
| Gross Margin % | 9.15% | 10.44% | 6.48% | 2.87% | 17.16% | 23.14% | 4.35% | 12.96% | 26.04% | 41.38% |
| Gross Profit Growth % | 19.01% | 0.8% | -37.88% | -53.83% | 509.94% | 56.25% | -84.75% | 287.45% | 136.21% | - |
| Operating Expenses | 43M | 35.2M | 29.9M | 26M | 29M | 35.2M | 42M | 40.1M | 58.4M | 75.34M |
| OpEx % of Revenue | 6.29% | 5.82% | 4.95% | 4.12% | 4.51% | 4.72% | 6.95% | 5.1% | 6.32% | - |
| Selling, General & Admin | 31.2M | 28.8M | 23.9M | 19.3M | 23.2M | 24M | 23.9M | 29.9M | 38.6M | 47.44M |
| SG&A % of Revenue | 4.56% | 4.77% | 3.95% | 3.06% | 3.61% | 3.22% | 3.95% | 3.8% | 4.18% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 400K | 39.2M | 1.3M | 6.7M | 5.8M | 11.2M | 18.1M | 10.2M | 19.8M | 3M |
| Operating Income | 14.9M▲ 0% | -244.7M▼ 1742.3% | -1.05B▼ 327.7% | -7.9M▲ 99.2% | 81.4M▲ 1130.4% | 137.3M▲ 68.7% | -15.7M▼ 111.4% | 61.8M▲ 493.6% | 182.3M▲ 195.0% | 433.02M▲ 0% |
| Operating Margin % | 2.18% | -40.49% | -173.13% | -1.25% | 12.65% | 18.42% | -2.6% | 7.86% | 19.72% | 35.25% |
| Operating Income Growth % | 417.02% | -1742.28% | -327.71% | 99.25% | 1130.38% | 68.67% | -111.43% | 493.63% | 194.98% | - |
| EBITDA | 213.98M | -77.5M | -815.8M | 233.8M | 267.4M | 334.1M | 180.2M | 306M | 422.96M | 683.54M |
| EBITDA Margin % | 31.29% | -12.82% | -134.95% | 37.08% | 41.56% | 44.82% | 29.81% | 38.91% | 45.75% | 55.64% |
| EBITDA Growth % | -9.6% | -136.22% | -952.71% | 128.66% | 14.37% | 24.94% | -46.06% | 69.81% | 38.22% | 90.72% |
| D&A (Non-Cash Add-back) | 199.08M | 167.2M | 230.8M | 241.7M | 186M | 196.8M | 195.9M | 244.2M | 240.66M | 250.51M |
| EBIT | -5.5M | -233.6M | -1.03B | -20M | 64.3M | 188.6M | -43.3M | -51.63M | 91M | 339.26M |
| Net Interest Income | -7.01M | -14.5M | -62.16M | -59.04M | -53.17M | -30.33M | -14.6M | -5.7M | -10.2M | -37.51M |
| Interest Income | 1.38M | 1.14M | 1.42M | 2.25M | 1.16M | 297.36K | 3.65M | 1.3M | 1.6M | 3.97M |
| Interest Expense | 8.4M | 15.64M | 63.58M | 61.29M | 54.33M | 30.63M | 18.25M | 7M | 11.8M | 41.48M |
| Other Income/Expense | -16.2M | 26.18M | -49.4M | -66M | -156.4M | 23M | -49.7M | -121M | -99.1M | -138.25M |
| Pretax Income | 2M▲ 0% | -217.6M▼ 10980.0% | -1.1B▼ 403.7% | -73.9M▲ 93.3% | -75M▼ 1.5% | 160.3M▲ 313.7% | -65.4M▼ 140.8% | -59.2M▲ 9.5% | 83.2M▲ 240.5% | 294.77M▲ 0% |
| Pretax Margin % | 0.29% | -36% | -181.31% | -11.72% | -11.66% | 21.5% | -10.82% | -7.53% | 9% | 23.99% |
| Income Tax | -700K | -115.9M | -25.2M | -400K | 4.3M | 19.7M | 1.4M | 5.3M | -19.4M | 47.05M |
| Effective Tax Rate % | -35% | 53.26% | 2.3% | 0.54% | -5.73% | 12.29% | -2.14% | -8.95% | -23.32% | 15.96% |
| Net Income | 2.7M▲ 0% | -108M▼ 4100.0% | -1.23B▼ 1034.9% | -73.5M▲ 94.0% | -79.3M▼ 7.9% | 140.6M▲ 277.3% | -66.8M▼ 147.5% | -64.5M▲ 3.4% | 102.6M▲ 259.1% | 247.72M▲ 0% |
| Net Margin % | 0.39% | -17.87% | -202.76% | -11.66% | -12.33% | 18.86% | -11.05% | -8.2% | 11.1% | 20.16% |
| Net Income Growth % | 101.34% | -4100% | -1034.91% | 94% | -7.89% | 277.3% | -147.51% | 3.44% | 259.07% | 1132.45% |
| Net Income (Continuing) | -8.5M | -158M | -1.09B | -73.5M | -79.3M | 140.6M | -66.8M | -64.5M | 102.6M | 247.72M |
| Discontinued Operations | 1.6M | 50M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.01▲ 0% | -0.19▼ 2000.0% | -2.12▼ 1015.8% | -0.12▲ 94.3% | -0.12▲ 0.0% | 0.20▲ 266.7% | -0.10▼ 149.0% | -0.09▲ 3.8% | 0.14▲ 248.5% | 0.31▲ 0% |
| EPS Growth % | 102.5% | -2000% | -1015.79% | 94.34% | 0% | 266.67% | -149% | 3.78% | 248.46% | 1932.9% |
| EPS (Basic) | 0.01 | -0.19 | -2.12 | -0.12 | -0.12 | 0.20 | -0.10 | -0.09 | 0.14 | - |
| Diluted Shares Outstanding | 513.8M | 564.7M | 578.7M | 611.1M | 676.3M | 682.4M | 681.9M | 684M | 752.2M | 797.8M |
| Basic Shares Outstanding | 511.8M | 564.29M | 577.45M | 611.1M | 676.3M | 680.8M | 681.9M | 684M | 752.2M | 791.7M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
NGD Balance Sheet
New Gold Inc. (NGD) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 409.6M | 455M | 290.4M | 229.2M | 418.8M | 686.3M | 377.5M | 351.8M | 274.1M | 303M |
| Cash & Short-Term Investments | 185.9M | 216.2M | 103.7M | 83.9M | 231.7M | 541M | 236.4M | 192.6M | 110.3M | 124.18M |
| Cash Only | 185.9M | 216.2M | 103.7M | 83.4M | 186.3M | 481.5M | 200.8M | 185.5M | 105.2M | 123.18M |
| Short-Term Investments | 0 | 0 | 0 | 500K | 45.4M | 59.5M | 35.6M | 7.1M | 5.1M | 999.02K |
| Accounts Receivable | 29.8M | 40M | 22.6M | 5.9M | 81.1M | 30.1M | 4.4M | 17.1M | 21.6M | 31.27M |
| Days Sales Outstanding | 15.91 | 24.16 | 13.65 | 3.42 | 46.01 | 14.74 | 2.66 | 7.94 | 8.53 | 6.86 |
| Inventory | 150M | 193.2M | 141.8M | 110M | 93.3M | 101M | 115.7M | 126.7M | 118.7M | 138.17M |
| Days Inventory Outstanding | 88.14 | 130.28 | 91.56 | 65.55 | 63.89 | 64.34 | 73.05 | 67.55 | 63.36 | 61.85 |
| Other Current Assets | 40.2M | 5.6M | 31.4M | 22.3M | 12.7M | -600K | 10.4M | 15.4M | 20.1M | 9.39M |
| Total Non-Current Assets | 3.54B | 3.56B | 1.88B | 1.93B | 1.83B | 1.79B | 1.87B | 1.93B | 1.73B | 2.06B |
| Property, Plant & Equipment | 3.21B | 3.2B | 1.85B | 1.93B | 1.83B | 1.79B | 1.86B | 1.93B | 1.69B | 2B |
| Fixed Asset Turnover | 0.21x | 0.19x | 0.33x | 0.33x | 0.35x | 0.42x | 0.32x | 0.41x | 0.55x | 0.66x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 106.8M | 190.3M | 25.8M | 1.3M | 3M | 2.6M | 2.1M | 2.1M | 33.91M | 178.45M |
| Total Assets | 3.95B▲ 0% | 4.02B▲ 1.8% | 2.17B▼ 46.0% | 2.16B▼ 0.5% | 2.25B▲ 4.2% | 2.48B▲ 10.1% | 2.24B▼ 9.4% | 2.29B▲ 1.9% | 2B▼ 12.3% | 2.37B▲ 0% |
| Asset Turnover | 0.17x | 0.15x | 0.28x | 0.29x | 0.29x | 0.30x | 0.27x | 0.34x | 0.46x | 0.55x |
| Asset Growth % | 7.41% | 1.76% | -45.99% | -0.51% | 4.24% | 10.08% | -9.42% | 1.89% | -12.34% | 24.18% |
| Total Current Liabilities | 175.4M | 181.2M | 130.9M | 171.9M | 158.7M | 172.9M | 171.2M | 229M | 196.6M | 344.56M |
| Accounts Payable | 32M | 60.9M | 47.1M | 39.7M | 41.6M | 52M | 61.8M | 61.5M | 36.9M | 43.86M |
| Days Payables Outstanding | 18.8 | 41.06 | 30.41 | 23.66 | 28.49 | 33.12 | 39.02 | 32.79 | 19.7 | 19.82 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 9.6M | 0 | 0 | 0 | 0 | 1.7M |
| Deferred Revenue (Current) | 0 | 3M | 0 | 0 | 0 | 0 | -8.6M | 0 | 0 | 0 |
| Other Current Liabilities | 8.4M | 31.2M | 29.6M | 60.6M | 106.8M | 48.6M | 38.7M | 77.7M | 69.5M | 295.71M |
| Current Ratio | 2.34x | 2.51x | 2.22x | 1.33x | 2.64x | 3.97x | 2.21x | 1.54x | 1.39x | 1.39x |
| Quick Ratio | 1.48x | 1.44x | 1.14x | 0.69x | 2.05x | 3.39x | 1.53x | 0.98x | 0.79x | 0.79x |
| Cash Conversion Cycle | 85.24 | 113.37 | 74.79 | 45.31 | 81.41 | 45.95 | 36.69 | 42.7 | 52.19 | 48.88 |
| Total Non-Current Liabilities | 1.69B | 1.7B | 1.08B | 1.03B | 1.3B | 1.35B | 1.11B | 1.27B | 754.9M | 783.74M |
| Long-Term Debt | 889.5M | 1.01B | 780.5M | 714.5M | 489.2M | 491M | 394.9M | 396M | 397M | 393.62M |
| Capital Lease Obligations | -93M | -186.9M | 8.9M | 23.9M | 19.5M | 10.7M | 1.3M | 2.6M | 2M | 7.3M |
| Deferred Tax Liabilities | 460.5M | 250.3M | 41.5M | 0 | 53.5M | 69.6M | 66.8M | 74.8M | 55.6M | 253.26M |
| Other Non-Current Liabilities | 246.7M | 251.7M | 304.8M | 286.9M | 739.9M | 776.7M | 649.8M | 794.4M | 300.3M | 1.23B |
| Total Liabilities | 1.87B | 1.88B | 1.21B | 1.2B | 1.46B | 1.52B | 1.28B | 1.5B | 951.5M | 1.13B |
| Total Debt | 889.5M | 1.01B | 780.5M | 747.1M | 518.3M | 501.7M | 396.2M | 401.2M | 399.7M | 397.01M |
| Net Debt | 703.6M | 791.5M | 676.8M | 663.7M | 332M | 20.2M | 195.4M | 215.7M | 294.5M | 273.83M |
| Debt / Equity | 0.43x | 0.47x | 0.81x | 0.78x | 0.66x | 0.52x | 0.41x | 0.51x | 0.38x | 0.38x |
| Debt / EBITDA | 4.16x | - | - | 3.20x | 1.94x | 1.50x | 2.20x | 1.31x | 0.95x | 0.58x |
| Net Debt / EBITDA | 3.29x | - | - | 2.84x | 1.24x | 0.06x | 1.08x | 0.70x | 0.70x | 0.70x |
| Interest Coverage | 1.77x | -15.64x | -16.46x | -0.13x | 1.50x | 4.48x | -0.86x | 8.83x | 15.44x | 8.18x |
| Total Equity | 2.08B▲ 0% | 2.14B▲ 2.7% | 959.3M▼ 55.2% | 961.3M▲ 0.2% | 789.3M▼ 17.9% | 955.9M▲ 21.1% | 959.5M▲ 0.4% | 789.2M▼ 17.7% | 1.05B▲ 33.3% | 1.24B▲ 0% |
| Equity Growth % | -0.8% | 2.72% | -55.16% | 0.21% | -17.89% | 21.11% | 0.38% | -17.75% | 33.34% | 114.56% |
| Book Value per Share | 4.05 | 3.79 | 1.66 | 1.57 | 1.17 | 1.40 | 1.41 | 1.15 | 1.40 | 1.55 |
| Total Shareholders' Equity | 2.08B | 2.14B | 959.3M | 961.3M | 789.3M | 955.9M | 959.5M | 789.2M | 1.05B | 1.24B |
| Common Stock | 2.86B | 3.04B | 3.04B | 3.14B | 3.15B | 3.16B | 3.16B | 3.16B | 3.33B | 3.33B |
| Retained Earnings | -843.6M | -961.3M | -2.19B | -2.28B | -2.35B | -2.21B | -2.28B | -2.35B | -2.36B | -2.16B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -33M | -38.9M | 6.1M | -13.6M | -116.8M | -93M | -24.6M | -135.9M | -31.2M | -39.46M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
NGD Cash Flow Statement
New Gold Inc. (NGD) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 282.2M | 342.2M | 245.1M | 263.5M | 294.8M | 323.7M | 190.7M | 287.6M | 392.8M | 392.8M |
| Operating CF Margin % | 41.27% | 56.62% | 40.55% | 41.79% | 45.82% | 43.42% | 31.55% | 36.57% | 42.49% | - |
| Operating CF Growth % | 7.46% | 21.26% | -28.38% | 7.51% | 11.88% | 9.8% | -41.09% | 50.81% | 36.58% | 363.68% |
| Net Income | 2.7M | -101.7M | -1.07B | -73.5M | -79.3M | 140.6M | -66.8M | -64.5M | 102.6M | 247.72M |
| Depreciation & Amortization | 199.08M | 167.2M | 230.8M | 250.08M | 0 | 133.3M | 195.9M | 235.1M | 248.1M | 253.41M |
| Stock-Based Compensation | 10.5M | 7.7M | 2.7M | 2.7M | 2.4M | 1.5M | 1M | 800K | 600K | 6M |
| Deferred Taxes | -700K | -115.9M | -25.2M | -400K | 4.3M | 19.7M | 1.4M | 5.3M | -19.4M | 38.65M |
| Other Non-Cash Items | 299.8M | 518.9M | 1.41B | 58.72M | 351.2M | 27.6M | 50.1M | 116.7M | 76.9M | 106.32M |
| Working Capital Changes | -19.6M | 40.9M | -71.6M | 25.9M | 16.2M | 1M | 9.1M | -5.8M | -16M | 8.08M |
| Change in Receivables | -13.63M | 16.16M | -5.12M | 4.5M | -8.8M | 9.42M | -3.36M | -4.1M | -8.8M | -12.73M |
| Change in Inventory | -8.5M | 2.8M | -53.1M | 16.2M | 10.6M | -4.8M | -32M | -6.5M | 2.8M | -19.15M |
| Change in Payables | 493.99K | 24.5M | -12.5M | 7.78M | 0 | -3.87M | 24.11M | 0 | 0 | 38.89M |
| Cash from Investing | -568.6M | -533.6M | -32.2M | -234M | -173.2M | 57.4M | -281.9M | -234M | -263.4M | -598.56M |
| Capital Expenditures | -567M | -567M | -213.9M | -253.3M | -284.2M | -247.3M | -292.9M | -265.9M | -271.1M | -606.85M |
| CapEx % of Revenue | 82.92% | 93.81% | 35.38% | 40.17% | 44.17% | 33.17% | 48.46% | 33.81% | 29.32% | - |
| Acquisitions | 691.58K | 70.34M | 149.8M | 12.4M | 111.9M | 39.4M | -1.63M | 24.4M | 900K | 667.96K |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 1.9M | 34.3M | 31.9M | 6.9M | -101.6M | 1.4M | 15M | -16.9M | 6.8M | 1.1M |
| Cash from Financing | 128.4M | 219.8M | -312.7M | -50.2M | -21.9M | -86.5M | -185M | -68.6M | -207.8M | -71.97M |
| Debt Issued (Net) | 100M | 119.3M | -234M | -83M | -262.6M | -10.4M | -111.9M | -9.3M | -2.6M | 57.48M |
| Equity Issued (Net) | 0 | 0 | 0 | 1000K | 1000K | 200K | 900K | 0 | 1000K | 1.1M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 28.4M | 100.5M | -78.7M | -73.9M | 230.5M | -76.3M | -74M | -59.3M | -369.8M | -206.81M |
| Net Change in Cash | -149.6M▲ 0% | 30.3M▲ 120.3% | -112.5M▼ 471.3% | -20.3M▲ 82.0% | 102.9M▲ 606.9% | 295.2M▲ 186.9% | -280.7M▼ 195.1% | -15.3M▲ 94.5% | -80.3M▼ 424.8% | -9.28M▲ 0% |
| Free Cash Flow | -284.8M▲ 0% | -224.8M▲ 21.1% | 31.2M▲ 113.9% | 10.2M▼ 67.3% | 10.6M▲ 3.9% | 76.4M▲ 620.8% | -102.2M▼ 233.8% | 21.7M▲ 121.2% | 121.7M▲ 460.8% | 52.95M▲ 0% |
| FCF Margin % | -41.65% | -37.19% | 5.16% | 1.62% | 1.65% | 10.25% | -16.91% | 2.76% | 13.16% | 4.31% |
| FCF Growth % | -124.43% | 21.07% | 113.88% | -67.31% | 3.92% | 620.75% | -233.77% | 121.23% | 460.83% | -34.14% |
| FCF per Share | -0.55 | -0.40 | 0.05 | 0.02 | 0.02 | 0.11 | -0.15 | 0.03 | 0.16 | 0.16 |
| FCF Conversion (FCF/Net Income) | 104.52x | -3.17x | -0.20x | -3.59x | -3.72x | 2.30x | -2.85x | -4.46x | 3.83x | 0.21x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
NGD Key Ratios
New Gold Inc. (NGD) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 0.13% | -5.12% | -79.11% | -7.65% | -9.06% | 16.11% | -6.98% | -7.38% | 11.14% | 22.38% |
| Return on Invested Capital (ROIC) | 0.42% | -6.42% | -34.37% | -0.36% | 4.45% | 9.82% | -1.11% | 4.29% | 11.63% | 11.63% |
| Gross Margin | 9.15% | 10.44% | 6.48% | 2.87% | 17.16% | 23.14% | 4.35% | 12.96% | 26.04% | 41.38% |
| Net Margin | 0.39% | -17.87% | -202.76% | -11.66% | -12.33% | 18.86% | -11.05% | -8.2% | 11.1% | 20.16% |
| Debt / Equity | 0.43x | 0.47x | 0.81x | 0.78x | 0.66x | 0.52x | 0.41x | 0.51x | 0.38x | 0.38x |
| Interest Coverage | 1.77x | -15.64x | -16.46x | -0.13x | 1.50x | 4.48x | -0.86x | 8.83x | 15.44x | 8.18x |
| FCF Conversion | 104.52x | -3.17x | -0.20x | -3.59x | -3.72x | 2.30x | -2.85x | -4.46x | 3.83x | 0.21x |
| Revenue Growth | -4.08% | -11.61% | 0.02% | 4.32% | 2.03% | 15.87% | -18.93% | 30.13% | 17.55% | 42.61% |
NGD Frequently Asked Questions
New Gold Inc. (NGD) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
New Gold Inc. (NGD) reported $1.23B in revenue for fiscal year 2024. This represents a 122856802300% increase from $0.0M in 1997.
New Gold Inc. (NGD) grew revenue by 17.5% over the past year. This is strong growth.
Yes, New Gold Inc. (NGD) is profitable, generating $247.7M in net income for fiscal year 2024 (11.1% net margin).
Dividend & Returns
New Gold Inc. (NGD) has a return on equity (ROE) of 11.1%. This is reasonable for most industries.
New Gold Inc. (NGD) generated $53.0M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Explore More NGD
New Gold Inc. (NGD) financial analysis — history, returns, DCA and operating performance tools
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Financial Ratios
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