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Stock impact report

New Gold (NGD) Ascends But Remains Behind Market: Some Facts to Note [Yahoo! Finance]

New Gold Inc. (NGD) 
NASDAQ:AMEX Investor Relations: newgold.com/investors
Company Research Source: Yahoo! Finance
The stock lagged the S&P 500's daily gain of 0.61%. On the other hand, the Dow registered a gain of 0.97%, and the technology-centric Nasdaq increased by 0.33%. Shares of the gold mining company witnessed a loss of 2.77% over the previous month, trailing the performance of the Basic Materials sector with its gain of 6.17% and the S&P 500's gain of 5.36%. The upcoming earnings release of New Gold will be of great interest to investors. The company's earnings report is expected on October 29, 2024. The company is predicted to post an EPS of $0.04, indicating a 33.33% growth compared to the equivalent quarter last year. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $0.15 per share and a revenue of $969 million, indicating changes of +114.29% and +23.2%, respectively, from the former year. Investors should also take note of any recent adjustments to analyst estimates for New Gold. These recent revisions tend to reflect the evolving nature of Show less Read more
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