New Gold Inc. (USA) (NGD) EPS Estimated At $0.01

October 13, 2017 - By wolcottdaily

 New Gold Inc. (USA) (NGD) EPS Estimated At $0.01

Wall Street await New Gold Inc. (USA) (NYSEAMERICAN:NGD) to release earnings on October, 26. Analysts forecast EPS of $0.01, down exactly $0.02 or 66.67 % from 2014’s $0.03 EPS. The expected NGD’s profit could reach $5.69 million giving the stock 94.50 P/E in the case that $0.01 earnings per share is reported. After posting $0.02 EPS for the previous quarter, New Gold Inc. (USA)’s analysts now forecast -50.00 % negative EPS growth. The stock decreased 0.79% or $0.03 during the last trading session, reaching $3.78. About 2.77 million shares traded. New Gold Inc. (USA) (NYSEAMERICAN:NGD) has declined 31.09% since October 13, 2016 and is downtrending. It has underperformed by 47.79% the S&P500.

New Gold Inc. is an intermediate gold mining company. The company has market cap of $2.15 billion. The Firm is engaged in the development and operation of mineral properties. It has a 46.26 P/E ratio. The Company’s divisions include New Afton, Mesquite, Peak Mines, Cerro San Pedro, Corporate and Other.

More news for New Gold Inc. (USA) (NYSEAMERICAN:NGD) were recently published by: Marketwired.com, which released: “Midland and Altius Discover New Gold Showings in the James Bay Area” on October 12, 2017. Seekingalpha.com‘s article titled: “Resource Sector Digest: Revisiting The Rainy River Chook Raffle” and published on October 12, 2017 is yet another important article.

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