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New Gold (NGD) Trades Near 52-Week Following Strong Share Price Surge in 2025
Yahoo Finance· 2025-12-17 06:55
New Gold Inc. (NYSE:NGD) is one of the 12 cheap gold stocks to buy now. New Gold (NGD) Trades Near 52-Week Following Strong Share Price Surge in 2025 On December 12, 2025, New Gold Inc. (NYSE:NGD) climbed to its 52-week high of $8.85, having recorded a massive 172% gain over the past year and an impressive 239% in 2025 so far. This surge comes amid strong investor confidence and growing interest in the company’s assets and strategic initiatives. Amid this strong share price momentum, New Gold Inc. (NYSE ...
What's Happening With Dnow Stock?
Forbes· 2025-07-07 11:35
Core Viewpoint - Dnow Inc. (NYSE: DNOW) has announced a $1.5 billion all-stock acquisition of MRC Global Inc. (NYSE: MRC), which could significantly impact the energy supply chain sector, leading to increased investor interest and an 11% rise in DNOW's stock year-to-date, outperforming the S&P 500's 5% increase [2][3]. Acquisition Details - MRC shareholders will receive 0.9489 shares of DNOW for each MRC share, representing an 8.5% premium to MRC's 30-day volume-weighted average price of $12.77 as of June 25 [3]. - The total enterprise value of the transaction is approximately $3.0 billion, with DNOW shareholders owning about 56.5% of the new entity post-merger [3]. Financial Performance - DNOW's revenues have shown growth, with a 4.7% increase from $2.3 billion to $2.4 billion over the last 12 months, compared to a 5.5% growth for the S&P 500 [9]. - The company has a price-to-sales (P/S) ratio of 0.7, significantly lower than the S&P 500's 3.1, indicating a potentially undervalued stock [8]. Profitability Metrics - DNOW's operating income over the last four quarters was $121 million, resulting in an operating margin of 5.0%, which is below the S&P 500's average of 14.9% [10]. - The net income margin for DNOW stands at 3.4%, compared to 11.6% for the S&P 500, highlighting weaker profitability [10]. Financial Stability - DNOW's debt was reported at $41 million, leading to a low debt-to-equity ratio of 2.6%, which is favorable compared to the S&P 500's 19.4% [11]. - The company holds $219 million in cash, contributing to a strong cash-to-assets ratio of 13.3% [11]. Market Conditions - Despite the positive developments, macroeconomic challenges persist, including a 5% decline in WTI crude prices year-to-date and potential trade tensions that could impact industrial and energy demand [4].