Company Performance - New Gold's stock increased by 1.11% to $4.54, outperforming the S&P 500's daily gain of 0.06% [1] - Over the past month, New Gold's shares have depreciated by 8.93%, underperforming the Basic Materials sector's gain of 4.69% and the S&P 500's gain of 5.88% [1] Earnings Expectations - New Gold is scheduled to release its earnings report on July 28, 2025, with analysts expecting earnings of $0.1 per share, indicating a year-over-year growth of 400% [2] - For the full year, Zacks Consensus Estimates project earnings of $0.47 per share and revenue of $1.31 billion, reflecting changes of +135% and +41.81% from the previous year [2] Analyst Estimates - Recent changes to analyst estimates for New Gold are important as they reflect evolving short-term business trends, with positive revisions indicating analysts' confidence in the company's performance and profit potential [3] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a history of outperforming, with 1 stocks returning an average annual gain of +25% since 1988 [5] - New Gold currently holds a Zacks Rank of 1 (Strong Buy), with the consensus EPS projection moving 11.24% higher in the past 30 days [5] Valuation Metrics - New Gold is currently traded at a Forward P/E ratio of 9.55, which is a discount compared to the industry average Forward P/E of 11.86 [6] - The Mining - Gold industry, part of the Basic Materials sector, has a Zacks Industry Rank of 11, placing it in the top 5% of over 250 industries [6] Industry Performance - The strength of individual industry groups is measured by the Zacks Industry Rank, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]
New Gold (NGD) Laps the Stock Market: Here's Why