How did NGD's Q1 2025 EPS forecast compare to past trends?
4/6/2025 03:40pm
New Gold's (NGD) Q1 2025 EPS forecast is not currently available. However, using the most recent data from Q4 2024, the company's earnings call transcript reveals a significant 150.43% return over the past year, indicating a strong performance in the immediate term.
Despite this recent strength, NGD's stock has experienced fluctuations, with a 6.4% pullback this week and a 7.7% drop this week, taking five-year losses to 43%. However, analysts remain optimistic, with Bank of America upgrading NGD to Buy, raising its price target by 50% to $3.90 on strong production growth, declining costs, and rising free cash flow.