VCP ScannerFree US Stock Screener & Financial AnalysisFree US Stock Screener
ScreenerThemesMarketEarningsCompareWatchlistInsider
NGDNew Gold Inc.
$9.08$7.2B
Research
Overview
Valuation
ValuationTargetsPrice
Financials
RevenueEarningsP/ERatiosDividend
Ownership
Holders
Tools
Total ReturnDCA Calculator
← Back to Screener
VCP ScannerFree US Stock Screener & Financial Analysis

Find stocks. Verify deeply. Act with conviction.

Data updated daily

Product

  • Screener
  • Themes
  • Valuation
  • Total Return
  • DCA Calculator
  • News
  • Earnings

Resources

  • Market Valuation
  • Compare
  • Insider Activity
  • Methodology
  • How It Works
  • Glossary
  • Learn

Get Ideas

Get weekly stock ideas — free

Follow VCP Scanner on XFollow VCP Scanner on LinkedIn
© 2026 VCP Scanner
AboutPrivacyTerms
Not financial advice. Do your own research.
ScreenerNewsCompareWatchlist

NGD logoNew Gold Inc.(NGD)Earnings, Financials & Key Ratios

NGD•AMEX
64.9× P/E·Price updated May 8, 2026
SectorBasic MaterialsIndustryGoldSub-IndustryLarge and mid-tier gold producers
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$1.48B+59.7%
  • EBITDA$892M+110.9%
  • Net Income$858M+736.2%
  • EPS (Diluted)1.08+671.4%
  • Gross Margin53.16%+104.2%
  • EBITDA Margin60.44%+32.1%
  • Operating Margin44.37%+125.0%
  • Net Margin58.12%+423.7%
  • ROE57.88%+419.4%

NGD Key Insights

New Gold Inc. (NGD) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Excellent 3Y average ROE of 20.5%
  • ✓Strong Piotroski F-Score: 7/9
  • ✓FCF machine: 20.7% free cash flow margin
  • ✓Momentum leader: RS Rating 82 (top 18%)
  • ✓Strong 5Y sales CAGR of 18.1%
  • ✓Healthy 5Y average net margin of 13.8%

✗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.

Get notified when NGD posts new earnings or crosses analyst targets

Free. No account needed. Unsubscribe any time.

Free. Unsubscribe any time.

NGD Price & Volume

New Gold Inc. (NGD) stock price & volume — 10-year historical chart

Loading chart...

NGD Growth Metrics

New Gold Inc. (NGD) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years7.55%
5 Years18.07%
3 Years34.67%
TTM58.19%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM734.62%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM759.71%

Return on Capital

10 Years0.84%
5 Years9.29%
3 Years13.65%
Last Year28.51%

NGD Recent Earnings

New Gold Inc. (NGD) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 6/12 qtrs (50%)
Q4 2025Latest
Oct 28, 2025
Metric
Actual
Est
EPS
$0.25+38.9%
$0.18
Rev
$449M+6.9%
$420M
Q3 2025
Jul 28, 2025
Metric
Actual
Est
EPS
$0.11+10.0%
$0.10
Rev
$313M-27.5%
$432M
Q2 2025
Apr 29, 2025
Metric
Actual
Est
EPS
$0.02+100.0%
$0.01
Rev
$208M+21.9%
$171M
Q1 2025
Feb 19, 2025
Metric
Actual
Est
EPS
$0.07+16.7%
$0.06
Rev
$262M-0.0%
$262M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q4 2025LatestOct 28, 2025
$0.25vs $0.18+38.9%
$449Mvs $420M+6.9%
Q3 2025Jul 28, 2025
$0.11vs $0.10+10.0%
$313Mvs $432M-27.5%
Q2 2025Apr 29, 2025
$0.02vs $0.01+100.0%
$208Mvs $171M+21.9%
Q1 2025Feb 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

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
Institutional Holdings
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
EGO logoEGOEldorado Gold CorporationDirect Competitor6.53B33.0513.1739.93%28%12.42%0.30
CDE logoCDECoeur Mining, Inc.Direct Competitor11.4B17.5119.4696.41%31.15%15.17%0.11
HL logoHLHecla Mining CompanyDirect Competitor10.7B15.9632.5753.03%35.55%22.55%0.12
PAAS logoPAASPan American Silver Corp.Direct Competitor20.65B49.0018.7730.63%31.69%19.63%0.13
AG logoAGFirst Majestic Silver Corp.Direct Competitor8.89B18.0051.43128.18%19.72%9.49%0.10
IAG logoIAGIAMGOLD CorporationDirect Competitor9.94B16.8814.5577.75%29.53%25.78%0.20
NEM logoNEMNewmont CorporationProduct Competitor115B103.7916.1919.08%30.54%15.58%0.01
AEM logoAEMAgnico Eagle Mines LimitedProduct Competitor83.49B166.6618.8143.71%37.48%19.25%0.01

Compare NGD vs Peers

New Gold Inc. (NGD) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs EGO

Most directly comparable listed peer for NGD.

Scale Benchmark

vs CAT

Larger-name benchmark to compare NGD against a more recognizable public peer.

Peer Set

Compare Top 5

vs EGO, CDE, HL, PAAS

NGD Income Statement

New Gold Inc. (NGD) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Sales/Revenue
604.4M604.5M630.6M643.4M745.5M604.4M786.5M924.5M1.48B
Revenue Growth %
-11.61%0.02%4.32%2.03%15.87%-18.93%30.13%17.55%59.66%
Cost of Goods Sold
541.3M565.3M612.5M533M573M578.1M684.6M683.8M691.4M
COGS % of Revenue
89.56%93.52%97.13%82.84%76.86%95.65%87.04%73.96%46.84%
Gross Profit
63.1M▲ 0%
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%
784.7M▲ 226.0%
Gross Margin %
10.44%6.48%2.87%17.16%23.14%4.35%12.96%26.04%53.16%
Gross Profit Growth %
0.8%-37.88%-53.83%509.94%56.25%-84.75%287.45%136.21%226.01%
Operating Expenses
35.2M29.9M26M29M35.2M42M40.1M58.4M129.7M
OpEx % of Revenue
5.82%4.95%4.12%4.51%4.72%6.95%5.1%6.32%8.79%
Selling, General & Admin
28.8M23.9M19.3M23.2M24M23.9M29.9M38.6M88.6M
SG&A % of Revenue
4.77%3.95%3.06%3.61%3.22%3.95%3.8%4.18%6%
Research & Development
000000000
R&D % of Revenue
---------
Other Operating Expenses
39.2M1.3M6.7M5.8M11.2M18.1M10.2M19.8M41.1M
Operating Income
-244.7M▲ 0%
-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%
655M▲ 259.3%
Operating Margin %
-40.49%-173.13%-1.25%12.65%18.42%-2.6%7.86%19.72%44.37%
Operating Income Growth %
-1742.28%-327.71%99.25%1130.38%68.67%-111.43%493.63%194.98%259.3%
EBITDA
-77.5M-815.8M233.8M267.4M334.1M180.2M306M422.96M892.2M
EBITDA Margin %
-12.82%-134.95%37.08%41.56%44.82%29.81%38.91%45.75%60.44%
EBITDA Growth %
-136.22%-952.71%128.66%14.37%24.94%-46.06%69.81%38.22%110.94%
D&A (Non-Cash Add-back)
167.2M230.8M241.7M186M196.8M195.9M244.2M240.66M237.2M
EBIT
-233.6M-1.03B-20M64.3M188.6M-43.3M-51.63M91M954.3M
Net Interest Income
-14.5M-62.16M-59.04M-53.17M-30.33M-14.6M-5.7M-10.2M-30.5M
Interest Income
1.14M1.42M2.25M1.16M297.36K3.65M1.3M1.6M5.4M
Interest Expense
15.64M63.58M61.29M54.33M30.63M18.25M7M11.8M35.9M
Other Income/Expense
26.18M-49.4M-66M-156.4M23M-49.7M-121M-99.1M263.4M
Pretax Income
-217.6M▲ 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%
918.4M▲ 1003.8%
Pretax Margin %
-36%-181.31%-11.72%-11.66%21.5%-10.82%-7.53%9%62.22%
Income Tax
-115.9M-25.2M-400K4.3M19.7M1.4M5.3M-19.4M60.5M
Effective Tax Rate %
53.26%2.3%0.54%-5.73%12.29%-2.14%-8.95%-23.32%6.59%
Net Income
-108M▲ 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%
857.9M▲ 736.2%
Net Margin %
-17.87%-202.76%-11.66%-12.33%18.86%-11.05%-8.2%11.1%58.12%
Net Income Growth %
-4100%-1034.91%94%-7.89%277.3%-147.51%3.44%259.07%736.16%
Net Income (Continuing)
-158M-1.09B-73.5M-79.3M140.6M-66.8M-64.5M102.6M857.9M
Discontinued Operations
50M00000000
Minority Interest
000000000
EPS (Diluted)
-0.19▲ 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%
1.08▲ 671.4%
EPS Growth %
-2000%-1015.79%94.34%0%266.67%-149%3.78%248.46%671.43%
EPS (Basic)
-0.19-2.12-0.12-0.120.20-0.10-0.090.141.08
Diluted Shares Outstanding
564.7M578.7M611.1M676.3M682.4M681.9M684M752.2M793.8M
Basic Shares Outstanding
564.29M577.45M611.1M676.3M680.8M681.9M684M752.2M791.5M
Dividend Payout Ratio
---------

NGD Balance Sheet

New Gold Inc. (NGD) balance sheet — assets, liabilities & shareholders' equity

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Total Current Assets
455M290.4M229.2M418.8M686.3M377.5M351.8M274.1M515.9M
Cash & Short-Term Investments
216.2M103.7M83.9M231.7M541M236.4M192.6M110.3M330.8M
Cash Only
216.2M103.7M83.4M186.3M481.5M200.8M185.5M105.2M330.1M
Short-Term Investments
00500K45.4M59.5M35.6M7.1M5.1M700K
Accounts Receivable
40M22.6M5.9M81.1M30.1M4.4M17.1M21.6M15.2M
Days Sales Outstanding
24.1613.653.4246.0114.742.667.948.533.76
Inventory
193.2M141.8M110M93.3M101M115.7M126.7M118.7M154.2M
Days Inventory Outstanding
130.2891.5665.5563.8964.3473.0567.5563.3681.4
Other Current Assets
5.6M31.4M22.3M12.7M-600K10.4M15.4M20.1M15.7M
Total Non-Current Assets
3.56B1.88B1.93B1.83B1.79B1.87B1.93B1.73B2.66B
Property, Plant & Equipment
3.2B1.85B1.93B1.83B1.79B1.86B1.93B1.69B2.51B
Fixed Asset Turnover
0.19x0.33x0.33x0.35x0.42x0.32x0.41x0.55x0.59x
Goodwill
000000000
Intangible Assets
000000000
Long-Term Investments
000000000
Other Non-Current Assets
190.3M25.8M1.3M3M2.6M2.1M2.1M33.91M113.9M
Total Assets
4.02B▲ 0%
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%
3.18B▲ 58.7%
Asset Turnover
0.15x0.28x0.29x0.29x0.30x0.27x0.34x0.46x0.46x
Asset Growth %
1.76%-45.99%-0.51%4.24%10.08%-9.42%1.89%-12.34%58.68%
Total Current Liabilities
181.2M130.9M171.9M158.7M172.9M171.2M229M196.6M391.9M
Accounts Payable
60.9M47.1M39.7M41.6M52M61.8M61.5M36.9M37.2M
Days Payables Outstanding
41.0630.4123.6628.4933.1239.0232.7919.719.64
Short-Term Debt
0009.6M00000
Deferred Revenue (Current)
3M0000-8.6M000
Other Current Liabilities
31.2M29.6M60.6M106.8M48.6M38.7M77.7M69.5M166.5M
Current Ratio
2.51x2.22x1.33x2.64x3.97x2.21x1.54x1.39x1.32x
Quick Ratio
1.44x1.14x0.69x2.05x3.39x1.53x0.98x0.79x0.92x
Cash Conversion Cycle
113.3774.7945.3181.4145.9536.6942.752.1965.52
Total Non-Current Liabilities
1.7B1.08B1.03B1.3B1.35B1.11B1.27B754.9M875.8M
Long-Term Debt
1.01B780.5M714.5M489.2M491M394.9M396M397M394.2M
Capital Lease Obligations
-186.9M8.9M23.9M19.5M10.7M1.3M2.6M2M1.5M
Deferred Tax Liabilities
250.3M41.5M053.5M69.6M66.8M74.8M55.6M121.9M
Other Non-Current Liabilities
251.7M304.8M286.9M739.9M776.7M649.8M794.4M300.3M358.2M
Total Liabilities
1.88B1.21B1.2B1.46B1.52B1.28B1.5B951.5M1.27B
Total Debt
1.01B780.5M747.1M518.3M501.7M396.2M401.2M399.7M396.4M
Net Debt
791.5M676.8M663.7M332M20.2M195.4M215.7M294.5M66.3M
Debt / Equity
0.47x0.81x0.78x0.66x0.52x0.41x0.51x0.38x0.21x
Debt / EBITDA
--3.20x1.94x1.50x2.20x1.31x0.95x0.44x
Net Debt / EBITDA
--2.84x1.24x0.06x1.08x0.70x0.70x0.07x
Interest Coverage
-14.93x-16.26x-0.33x1.18x6.16x-2.37x-7.38x7.71x26.58x
Total Equity
2.14B▲ 0%
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%
1.91B▲ 81.7%
Equity Growth %
2.72%-55.16%0.21%-17.89%21.11%0.38%-17.75%33.34%81.7%
Book Value per Share
3.791.661.571.171.401.411.151.402.41
Total Shareholders' Equity
2.14B959.3M961.3M789.3M955.9M959.5M789.2M1.05B1.91B
Common Stock
3.04B3.04B3.14B3.15B3.16B3.16B3.16B3.33B3.34B
Retained Earnings
-961.3M-2.19B-2.28B-2.35B-2.21B-2.28B-2.35B-2.36B-1.5B
Treasury Stock
000000000
Accumulated OCI
-38.9M6.1M-13.6M-116.8M-93M-24.6M-135.9M-31.2M-30.1M
Minority Interest
000000000

NGD Cash Flow Statement

New Gold Inc. (NGD) cash flow — operating, investing & free cash flow history

MetricDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations
342.2M245.1M263.5M294.8M323.7M190.7M287.6M392.8M898M
Operating CF Margin %
56.62%40.55%41.79%45.82%43.42%31.55%36.57%42.49%60.84%
Operating CF Growth %
21.26%-28.38%7.51%11.88%9.8%-41.09%50.81%36.58%128.62%
Net Income
-101.7M-1.07B-73.5M-79.3M140.6M-66.8M-64.5M102.6M857.9M
Depreciation & Amortization
167.2M230.8M250.08M0133.3M195.9M235.1M248.1M237.2M
Stock-Based Compensation
7.7M2.7M2.7M2.4M1.5M1M800K600K-100K
Deferred Taxes
-115.9M-25.2M-400K4.3M19.7M1.4M5.3M-19.4M60.5M
Other Non-Cash Items
518.9M1.41B58.72M351.2M27.6M50.1M116.7M76.9M-325.4M
Working Capital Changes
40.9M-71.6M25.9M16.2M1M9.1M-5.8M-16M67.9M
Change in Receivables
16.16M-5.12M4.5M-8.8M9.42M-3.36M-4.1M-8.8M13.3M
Change in Inventory
2.8M-53.1M16.2M10.6M-4.8M-32M-6.5M2.8M-31M
Change in Payables
24.5M-12.5M7.78M0-3.87M24.11M000
Cash from Investing
-533.6M-32.2M-234M-173.2M57.4M-281.9M-234M-263.4M-580.8M
Capital Expenditures
-567M-213.9M-253.3M-284.2M-247.3M-292.9M-265.9M-271.1M-592.7M
CapEx % of Revenue
93.81%35.38%40.17%44.17%33.17%48.46%33.81%29.32%40.15%
Acquisitions
70.34M149.8M12.4M111.9M39.4M-1.63M24.4M900K0
Investments
---------
Other Investing
34.3M31.9M6.9M-101.6M1.4M15M-16.9M6.8M5.4M
Cash from Financing
219.8M-312.7M-50.2M-21.9M-86.5M-185M-68.6M-207.8M-93.4M
Debt Issued (Net)
119.3M-234M-83M-262.6M-10.4M-111.9M-9.3M-2.6M-15.3M
Equity Issued (Net)
00106.7M10.2M200K900K0164.6M800K
Dividends Paid
000000000
Share Repurchases
000000000
Other Financing
100.5M-78.7M-73.9M230.5M-76.3M-74M-59.3M-369.8M-78.9M
Net Change in Cash
30.3M▲ 0%
-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%
224.9M▲ 380.1%
Free Cash Flow
-224.8M▲ 0%
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%
305.3M▲ 150.9%
FCF Margin %
-37.19%5.16%1.62%1.65%10.25%-16.91%2.76%13.16%20.68%
FCF Growth %
21.07%113.88%-67.31%3.92%620.75%-233.77%121.23%460.83%150.86%
FCF per Share
-0.400.050.020.020.11-0.150.030.160.38
FCF Conversion (FCF/Net Income)
-3.17x-0.20x-3.59x-3.72x2.30x-2.85x-4.46x3.83x1.05x
Interest Paid
000000000
Taxes Paid
000000000

NGD Key Ratios

New Gold Inc. (NGD) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)
0.13%-5.12%-79.11%-7.65%-9.06%16.11%-6.98%-7.38%11.14%57.88%
Return on Invested Capital (ROIC)
0.42%-6.42%-34.37%-0.36%4.45%9.82%-1.11%4.29%11.63%29.55%
Gross Margin
9.15%10.44%6.48%2.87%17.16%23.14%4.35%12.96%26.04%53.16%
Net Margin
0.39%-17.87%-202.76%-11.66%-12.33%18.86%-11.05%-8.2%11.1%58.12%
Debt / Equity
0.43x0.47x0.81x0.78x0.66x0.52x0.41x0.51x0.38x0.21x
Interest Coverage
-0.65x-14.93x-16.26x-0.33x1.18x6.16x-2.37x-7.38x7.71x26.58x
FCF Conversion
104.52x-3.17x-0.20x-3.59x-3.72x2.30x-2.85x-4.46x3.83x1.05x
Revenue Growth
-4.08%-11.61%0.02%4.32%2.03%15.87%-18.93%30.13%17.55%59.66%
Related:NGD Dividend History·NGD Revenue History·NGD Price History·NGD P/E History·NGD Financial Ratios·NGD Institutional Holders

NGD Frequently Asked Questions

New Gold Inc. (NGD) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

New Gold Inc. (NGD) reported $1.46B in revenue for fiscal year 2025. This represents a 146246802300% increase from $0.0M in 1997.

New Gold Inc. (NGD) grew revenue by 59.7% over the past year. This is strong growth.

Yes, New Gold Inc. (NGD) is profitable, generating $856.3M in net income for fiscal year 2025 (58.1% net margin).

Dividend & Returns

New Gold Inc. (NGD) has a return on equity (ROE) of 57.9%. This is excellent, indicating efficient use of shareholder capital.

New Gold Inc. (NGD) generated $279.4M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in NGD back in 1997?

Total return calculator · dividends reinvested · 29+ years of data

See returns →

How much would $100/month in NGD be worth today?

Dollar cost averaging calculator · DCA vs lump sum

Calculate →