Group 1 - New Gold (NGD) stock closed at $3.12, with a daily increase of +0.32%, outperforming the S&P 500's gain of 0.28% [1] - Over the past month, New Gold shares have increased by 17.36%, significantly surpassing the Basic Materials sector's gain of 1.99% and the S&P 500's gain of 2% [1] Group 2 - Zacks Consensus Estimates project New Gold's earnings for the full year at $0.15 per share and revenue at $969 million, reflecting increases of +114.29% and +23.2% from the previous year [2] - Recent changes in analyst estimates indicate a positive outlook for New Gold, suggesting analysts' confidence in the company's performance [3] Group 3 - The Zacks Rank system, which evaluates estimate changes, indicates that New Gold currently holds a Zacks Rank of 4 (Sell), following a 4.76% decline in the Consensus EPS estimate over the past month [5] - New Gold has a Forward P/E ratio of 20.73, which is higher than the industry average of 16.32, suggesting it is trading at a premium [6] Group 4 - The Mining - Gold industry, which includes New Gold, is ranked 89 in the Zacks Industry Rank, placing it in the top 36% of over 250 industries [6][7]
New Gold (NGD) Rises Higher Than Market: Key Facts