The price of NGD is predicted to go up 1.54%, based on the high correlation periods with AU. The similarity of these two price pattern on the periods is 96.48%.
NGD
AU
Up: 1.54%Similarity: 96.48%
NGD Revenue Forecast
NGD EPS Forecast
NGD FAQs
What is bull’s view on NGD?
RBC Capital maintains a bullish view on NGD with a price target of $4.00, implying a 46.5% upside from its last close of $2.73. This optimism is driven by record Q4 2024 production and strategic advancements at New Afton, despite operational challenges at Rainy River. Analysts' consensus price target of $3.52 further supports a positive outlook for the stock.
What is bear's view on NGD?
The bear's view on NGD stock is cautious due to insider selling and operational challenges at Rainy River, despite record Q4 production. The stock closed at $2.73, and with a price target of $3.52, it suggests limited upside. Concerns over insider sentiment and operational risks weigh on the stock's near-term outlook.
What is NGD revenue forecast for next quarter?
The market consensus for NGD's revenue in the upcoming quarter is projected to be approximately $286.156M USD.
What is NGD eps forecast for next quarter?
The market consensus for NGD's eps in the upcoming quarter is projected to be approximately $0.03 USD.
Scotiabank raised the firm's price target on New Gold to $3.25 from $2.75 and keeps an Outperform rating on the shares. The firm views the recent update on the company's ongoing exploration program at its New Afton mine in British Columbia as positive for its shares, the analyst tells investors.