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New Gold Inc., an intermediate gold mining company, engages in the development and operation of mineral properties in Canada. It primarily explores for gold, silver, and copper deposits. The company’s...
The following section summarizes insights on New Gold Inc's Analyst Price Target High:
We've identified the following companies as similar to New Gold Inc because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.
To view the full list of supported financial metrics please see Complete Metrics Listing.
Metrics similar to Analyst Price Target High in the predictions category include:
The highest analyst price target for a stock. Price targets represent what analysts believe a stock will be worth within the next 12 to 18 months.
Analyst Price Target High represents the highest price target set by a contributing professional analyst predicting where the stock will head in the next year for New Gold. Currently, 3 analysts tracked by our data partner, Standard & Poors, provide price targets for New Gold.
Read more about analyst price targets here. You may also find lowest, high, median, mean, standard deviation, and count of analyst targets helpful.
The chart above depicts the distribution of analyst price target high for companies operating in the Materials sector in the Developed economic region. Over 1,050 companies were considered in this analysis, and 1,017 had meaningful values. The average analyst price target high of companies in the sector is 28.91 with a standard deviation of 51.49.
New Gold Inc's Analyst Price Target High of 6.45 ranks in the 48.3% percentile for the sector. The following table provides additional summary stats:
| Economic Risk Region | Developed |
| Total Constituents | 1,059 |
| Included Constituents | 1,017 |
| Min | 0.087 |
| Max | 334.93 |
| Median | 7.18 |
| Mean | 28.91 |
| Standard Deviation | 51.49 |
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