Analyst Price Target is C$2.39
▼ -17.67% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for New Gold in the last 3 months. The average price target is C$2.39, with a high forecast of C$3.00 and a low forecast of C$2.00. The average price target represents a -17.67% upside from the last price of C$2.90.
Current Consensus is
Moderate Buy
The current consensus among 2 contributing investment analysts is to moderate buy stock in New Gold. This Moderate Buy consensus rating has held steady for over two years.
New Gold Inc., an intermediate gold mining company, develops and operates of mineral properties in Canada. It primarily explores for gold, silver, and copper deposits. The company's principal operating properties include 100% interest in the Rainy River mine located in Northwestern Ontario, Canada; and New Afton project situated in South-Central British Columbia. New Gold Inc. is headquartered in Toronto, Canada.
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