Added to YB: 2025-02-11
Pitch date: 2024-12-27
NGD [bullish]
New Gold Inc.
+237.9%
current return
Author Info
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Company Info
New Gold Inc., an intermediate gold mining company, engages in the development and operation of mineral properties in Canada.
Market Cap
CAD 5.4B
Pitch Price
CAD 2.48
Price Target
7.60 (-9%)
Dividend
N/A
EV/EBITDA
11.17
P/E
37.22
EV/Sales
5.65
Sector
Metals and Mining
Category
growth
Show full summary:
New Gold Inc. - $NGD
NGD: Undervalued at 2.2x '26 FCF. 42% production growth, 51% AISC drop by '26. $890M FCF in '26 at $2,700 gold. Short mine lives & M&A risk. Fair value $4.40 (75% upside). Catalysts: improving FCF, Feb outlook, exploration results. Blue-sky scenario: $7.60 (200% upside) if New Afton extends to 2040 & smart deal done.
Read full article (6 min)