(AMEX:NGD) has a beta value of 1.46 and has seen 0.5 million shares traded in the recent trading session. The company, currently valued at $753.49M, closed the recent trade at $1.13 per share which meant it lost -$0.01 on the day or -0.44% during that session. The NGD stock price is -78.76% off its 52-week high price of $2.02 and 46.02% above the 52-week low of $0.61. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.47 million shares traded. The 3-month trading volume is 3.14 million shares.
The consensus among analysts is that(NGD) is a Hold stock at the moment, with a recommendation rating of 2.80. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 5 out of 11 have rated it as a Hold, with 4 advising it as a Buy. 1 have rated the stock as Underweight.
(AMEX:NGD) trade information
Sporting -0.44% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Friday, 01/20/23 when the NGD stock price touched $1.13 or saw a rise of 1.74%. Year-to-date,shares have moved 16.33%, while the 5-day performance has seen it change 1.79%. Over the past 30 days, the shares of (AMEX:NGD) have changed 16.33%. Short interest in the company has seen 4.49 million shares shorted with days to cover at 1.17.
Wall Street analysts have a consensus price target for the stock at $1.31, which means that the shares’ value could jump 13.74% from the levels at last check today. The projected low price target is $0.85 while the price target rests at a high of $2.04. In that case, then, we find that the latest price level in today’s session is -80.53% off the targeted high while a plunge would see the stock lose 24.78% from the levels at last check today.
(NGD) estimates and forecasts
Figures show thatshares have underperformed across the wider relevant industry. The company’s shares have gained 57.24% over the past 6 months, with this year growth rate of -158.33%, compared to -2.20% for the industry. Revenue growth from the last financial year stood is estimated to be -19.20%.
4 analysts offering their estimates for the company have set an average revenue estimate of $161.31 million for the current quarter. 1 have an estimated revenue figure of $159.79 million for the next quarter concluding in Mar 2023. Year-ago sales stood $202.6 million and $174.7 million respectively for this quarter and the next, and analysts expect sales will shrink by -20.40% for the current quarter and -8.50% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 2.78% over the past 5 years. Earnings growth for 2023 is a modest -125.00% while over the next 5 years, the company’s earnings are expected to increase by 5.00%.
is expected to release its next earnings report on February 16 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
(AMEX:NGD)’s Major holders
Insiders own 0.31% of the company shares, while shares held by institutions stand at 51.71% with a share float percentage of 51.87%. Investors are also buoyed by the number of investors in a company, withhaving a total of 214 institutions that hold shares in the company. The top two institutional holders are Van Eck Associates Corporation with over 65.77 million shares worth more than $74.65 million. As of Sep 29, 2022, Van Eck Associates Corporation held 9.64% of shares outstanding.
The other major institutional holder is Invesco Ltd., with the holding of over 18.22 million shares as of Sep 29, 2022. The firm’s total holdings are worth over $20.68 million and represent 2.67% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VanEck ETF Trust-VanEck Gold Miners ETF and VanEck ETF Trust-VanEck Junior Gold Miners ETF. As of Nov 29, 2022, the former fund manager holds about 5.50% shares in the company for having 37.51 million shares of worth $42.57 million while later fund manager owns 25.36 million shares of worth $28.79 million as of Nov 29, 2022, which makes it owner of about 3.72% of company’s outstanding stock.
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