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Stock impact report

New Gold (NGD) Sees a More Significant Dip Than Broader Market: Some Facts to Know [Yahoo! Finance]

New Gold Inc. (NGD) 
NASDAQ:AMEX Investor Relations: newgold.com/investors
Company Research Source: Yahoo! Finance
In the latest close session, New Gold (NGD) was down 2.99% at $10.72. The stock fell short of the S&P 500, which registered a loss of 1.52% for the day. Meanwhile, the Dow experienced a drop of 1.56%, and the technology-dominated Nasdaq saw a decrease of 1.78%. Heading into today, shares of the gold mining company had lost 2.9% over the past month, outpacing the Basic Materials sector's loss of 5.1% and lagging the S&P 500's loss of 2.25%. Analysts and investors alike will be keeping a close eye on the performance of New Gold in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $0.27, reflecting a 285.71% increase from the same quarter last year. NGD's full-year Zacks Consensus Estimates are calling for earnings of $0.66 per share and revenue of $0 million. These results would represent year-over-year changes of +230% and 0%, respectively. Investors should also take note of any recent adjustments to analyst estimates for New Gold. Th Show less Read more
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